All charities with an income of more than £25,000 require an independent examination. In essence, an independent examination is a simpler and less expensive version of an audit. The purpose of the examination is to maintain public confidence in the work of charities and it is mandated by law.
We can advise you on what reporting you need to complete and what format your accounts need to be in. For example, unincorporated charities and Charitable Incorporated Organisations (CIOs) have more flexibility in their choice of accounting format. This often also influences your choice of independent examiner. Please do get in touch to discuss your requirements, we would love to hear more about your charity.