GROW Resources:
Book-keeping and Payroll Information Service
We can provide support and information to our groups on the following issues:
We do this by providing useful factsheets and refferals to professional services where appropriate, you are welcome to give our Finance Manager a call for some telephone / email support on basic bookkeeping issues. We hope that with this support, individual groups will increase their skills and knowledge and become more effective. Where direct advice is not available, we will point you to the appropriate service provider. We are working with professionals to ensure the service you receive is of high quality. For more information about this service, please contact contact Emily Tsang on 0845 034 5250.
GROW Factsheets
Useful Resources:
The Community Accountancy Network-
This is the place to find help and support from your local community accountancy service with managing your finances – everything from payroll to bookkeeping, from financial planning to annual accounts. If you are a treasurer, manager, finance worker, committee member, or other volunteer, support is available and most of it is free to voluntary and community organisations. Visit the Community Accountancy Network here
Charity Commission: CC15a - Charity Reporting and Accounting: The essentials
Guidance from the Charity Commission for all who prepare charity accounts and Annual Reports.
Whether it’s taking account of a council paying for a service quarterly in arrears, preventing rogue trustees from siphoning off money, or retrieving the full costs of delivering a service, good money management is vital. This overview explains the importance of good financial management to your organisation, and offers a guide to the key principles involved. Download the Guide Book here - Download the Guide Book here.
Guide to Financial Management - This guide describes what is meant by ‘financial management’ and how voluntary and community organisations can plan for, and move towards it. It outlines some sensible objectives, useful concepts and techniques for analysing situations, and guidance or actions and decisionmaking. It also highlights how all decision-making is dependent on sound judgement and outlines how financial management seeks to inform that judgement.
Community Accountancy Resources -
This is the place to find help and support with managing your finances – everything from payroll to bookkeeping, from financial planning to annual accounts. If you are a treasurer, manager, finance worker, committee member, or other volunteer, support is available and most of it is free to voluntary and community organisations. Guidance sheets available on: Financial controls, Reserve policies, Bank reconciliations, Budgets, Reporting to your board, Managing different funds, Cash flow, Full cost recovery, Forward planning. Find out more and download the factsheets from here.
For recent updates on VAT visit Sandy Adirondack [Governance and legal training and consultancy for the voluntary sector] website: www.sandy-a.co.uk
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Guidance on trustee expenses and payments can be found on the Charity Commission website: www.charitycommission.gov.uk
The Charity Tax Group has published 'Grants and contracts, Outsourcing by public sector bodies: VAT implications for charities'. To download the file visit: www.ctrg.org.uk
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