With so many demands on charities, it is easy to forget those all-important annual returns.
Charities with an income of more than £25,000 and all Charitable Incorporated Organisations (CIOs) have 10 months from the end of their financial year to file their accounts and annual return with the Charity Commission, which is a separate and additional requirement to tax returns required by HM Revenue & Customs (HMRC).
Failure to submit your charity’s accounts is a criminal offence and will also signal to the Charity Commission that there may be wider governance issues, which could trigger an investigation.
At Moore Thompson, we are able to support charities by filing the required annual returns for both HMRC and Charity Commission purposes, so that you can focus on what you do best – running your charity in support of your beneficiaries. To find out how we can assist your organisation, please contact us.