Our Services
Clubs, voluntary, charitable and civil society organisations
Our services
- Funding – Sourcing, Application, Management
- Accounting – Statutory, Management, Funds
- Consulting – Business Plan, Strategic Plan, Exit Strategy
- Taxation – Gift Aid, VAT, PAYE
- Training – Tuition, Workshop, Surgery
- Independent Examination – Compliance, Reports, Filing
- Social Enterprise – Formation, Development, Growth, Trading, Commissioning, Contract
Charities and Tax
Overview
- Tax reliefs for charities
- Get recognition for tax purposes
- Reclaim tax – that’s been deducted, eg on bank interest and donations (this is known as Gift Aid).
- Pay tax – on income that doesn’t qualify for tax relief and you must complete a tax return
Start planning towards filing your accounts, reports and returns now to avoid:
- Late filing penalty of up to £1,500 – if more than 6 months late after deadline, for a registered Company limited by guarantee.
- Damage to reputation – caused by being marked ‘overdue’ on the Charity Commission register or being removed from their register.
- Adverse impact on future funding applications due to non-compliance with both basic statutory requirements and best practices.
Do you know?
A charity must submit accounts to the commission if:
- Your charity must submit accounts if its income exceeds £25,000
- Your charity must submit accounts and returns on request by the charity commission
- ‘No excuses for not filing accounts’ says Charity Commission
- Nearly one-third of charities’ accounts filed of ‘unacceptable quality’.
- Filing accounts is key to transparency and public trust in charities.
- Submission is the collective responsibility of the entire trustee body, not just the treasurer.
- Charity Commission is about to launch campaign to targeting charities in default.
Testimonials
This is what some of our clients have to say about us.
We are extremely satisfied with all aspects of our interaction with CBACIC and couldn’t have wished for anything better.” Joseph (ASKI, Croydon)
Our Advisory Services
COMMUNITY BENEFIT ACTION C.I.C.
07100597 – Incorporated on 10 December 2009
MAROOF SUITE, 30 Union Road, Croydon, CR0 2XU