Charity News: Covid-19 update

Charity News: Covid-19 update

2020 has been a year like no other in living memory, with the coronavirus pandemic having had an extraordinary impact in the UK and across the world. Just as things seemed to be returning to something resembling normality, a series of local lockdowns, more restrictions on socialising, a call to work from home if you can, reimposed quarantine requirements for those arriving from overseas and strengthened social distancing measures were introduced, bringing uncertainty for the foreseeable future. The pressure on the charity sector to deliver much-needed services has never been greater.

The financial implication of the pandemic on charities is immense. A survey undertaken by the Institute of Fundraising, Charity Finance Group and National Council for Voluntary Organisations (NCVO) revealed that charities are expecting the loss of 48% of their voluntary income, and a third of their total income, directly as a result of COVID-19. Over half of charities have had to reduce existing or previous levels of service as a result, and the strain on charities’ reserves is clear for all to see despite the package of financial assistance that has been offered by the government.

Fortunately the government has responded to the continuing crisis by extending some of the temporary measures that were introduced to help businesses in areas such as insolvency law and corporate governance that are also of relevance to the charity sector You can read about these measures in this newsletter.

Each of the UK’s Charity Regulators continue to issue guidance for charities on issues raised by COVID-19, and although the volume of new guidance has decreased since the early days of the outbreak, updates are made as the situation evolves. Trustees and charity managers should frequently refer to this guidance to ensure that they are able to effectively manage their charity at this difficult time.

This guidance can be found online as follows:




Our full Charity Newsletter can be found here.

For more information on our charity services please visit our website or contact Frank Harling on 01932 830664 or

About the author

Frank manages a portfolio of both audit and non-audit clients in a range of different sectors and industries, as well as assisting with the running of the corporate services department. He has extensive experience of providing Audit, Accounts preparation, Corporation Tax, VAT, CIS and Payroll. Frank also holds a solid experience with regards accounting and audit in a number of specialist areas, including charities, solicitors and pension schemes.

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