Keeping up to date with ‘financial’ regulatory requirements can be difficult, particularly as there have been a number of changes in recent years. To help groups understand their regulatory requirements, and in doing so remain compliant, CANNY provides free information, guidance and support in a number of ways including:
- the role and responsibilities of the Treasurer
- required formats for Annual Accounts & Financial Statements
- guidance on completing your Trustee’s(Director’s) Annual Report
- whether your Annual Accounts require an Independent Examination or Audit
- what you need to send in to the Charity Commission and(or) Companies House plus what other Annual Returns you might need to complete
- How to file Charity Commission Annual Returns on-line
- general information on the PAYE system for paying staff wages
- guidance on calculating statutory entitlements (holiday pay, redundancy pay etc.)
- information on new statutory requirements coming through (e.g. 2012 Pensions Act)
- general guidance around VAT (where more specialist advice is required we often signpost groups to the HMRC Charities Helpline for further help