Charity News: Fundraising update

Charity News: Fundraising update
Charity News: Fundraising update

The Fundraising Regulator has published research that shows that the majority of charities are not complying fully with the requirement to disclose details of the fundraising activities in their annual report, requirements that affect charities in England and Wales with income over £1 million.

Compliance was better for those charities that pay the fundraising levy, but of them only 33% of charities fully complied with the requirements and 9% included none of the required disclosure. For levy-refusing charities the figures were worse, with only 13% of charities fully meeting the disclosure requirements and 32% not including any of the required fundraising disclosures in the annual report. In response to their finding the Regulator has updated their guidance on the disclosure requirements to better help charities understand their reporting responsibilities in this area.

Guidance: Fundraising Regulator publishes new research and guidance to support compliance with fundraising reporting requirements

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 charities@wardwilliams.co.uk

About the author

Colin is a Director at Ward Williams who has more than 25 years of practical experience and qualified with the Association of Chartered Certified Accountants in 2001.

He has a diverse portfolio ranging from small owner managed businesses to larger companies requiring audit together with a number of specialist clients such as charities, pension schemes, acadamies and solicitors. Colin provides a range of accounting, tax and audit services to these clients.

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