Day-to-day
Our bread and butter is the day to day finance support we offer our clients. While each contract is individual to the client, we can offer a number of services which are outlined below.
Bookkeeping
We can provide you with high-quality and timely bookkeeping services, all provided by appropriately trained staff who understand the oddities of bookkeeping for charities!
Whether it’s as simple as realising that the funds received from JustGiving need accounting for gross, and then with the fees as an expense instead of net as they arrive in the bank, or something more complex like ensuring the correct expenses are allocated against the correct funder, we will ensure that your bookkeeping is accurate and done in a timely manner. If the bookkeeping is done well, the rest should be plain sailing!
We do all our bookkeeping on Xero and are a registered partner and support charities by linking their finance and donor management systems together as a registered Donorfy partner.
Management accounts
We understand the importance of not just timely and accurate financial information being available to your management team and trustees, but also of it being in a format that is accessible and understandable for all the team.
We work with your management team and trustees to ensure your management accounts contain the information that you need to make informed decisions about the operations and future of your charity. A normal set will include an executive summary highlighting the key points and areas for concern, key performance indicators, an income and expenditure report with variance to budget and/or prior year and/or full year budget, a balance sheet and a report on restricted and unrestricted funds. We can provide these reports in as creative a way as you’d like too!
All our reports use a clear traffic light system so you can clearly see the areas that need attention.
Payroll
We offer payroll services to clients using the Xero payroll functionality, ensuring that your payroll is completed in a timely and accurate manner. We’ll file all your returns with HMRC and deal with your pension returns for you.
Strategic support
For many of our clients we act as their fully outsourced finance function, and so act as a financial director to many of the Chief Executives we support. This takes many forms, but includes taking part in management team meetings, as well as board meetings, and advising them on wider strategy and planning.
See our case study from Orchestras for All for an example of how this works in practice.
