Charities and Clubs

Kirk Rice has a large portfolio of clubs and charities which it has built up over many years. Drawing on the wealth of knowledge and experience developed within the team, Kirk Rice is well equipped to guide you through the increasingly complex legislation which faces charities and clubs today.

In particular we provide specialist advice and support in the following areas:

Annual account and financial reporting

Our specialist team has a detailed knowledge of the latest legislation governing the sector and will ensure that your accounting and reporting meet the latest regulatory requirements and comply with the latest SORP. Your specific requirements, be it an audit, an Independent Examination or an accountants’ report will depend on the size of your organisation, but whatever your needs, we can provide you with the level of service to ensure that you comply with your obligations.

Taxation

Taxation can be an area of great complexity and charities are not exempt from tax simply by virtue of the fact that they are a registered charity. For example:

• There is a potential exposure to corporation tax on any trading undertaken; and
• VAT may also be an issue; and
• There are some specific rules for some aspects of income received by a charity.

Our team is well versed in the requirements of the various forms of tax legislation and can guide you safely through the technical jargon and requirements specific to you.