
Consultation on financial thresholds in Charity Law
The DMCS has announced a 10-week consultation on financial thresholds in Charity Law which closes on 10th June 2025. Find out more here...
We understand the challenges that are facing not for profit organisations, and we’ve developed a dedicated and award-winning team to help you achieve your goals.
Our dedicated Charity and Not For Profit team have in-depth expertise and experience and are renowned for their expertise in the sector.
The Charity and NFP sector is of key importance to our firm, and we currently provide compliance services to over 400 organisations in this sector. We offer you a balanced, knowledgeable and professional view to provide appropriate and effective advice.
Whatever your circumstances, we will support you in achieving your goals and help you overcome challenges – all whilst ensuring effective governance, minimising risk, and maintaining compliance.
Many members of our Charities and Not For Profit team are charity trustees themselves, enabling us to provide you with truly effective and relevant experience.
As well as the standard benefits of outsourcing: flexibility, scalability, access to expertise and cost effectiveness; not for profits particularly benefit from:
Talk to our experts about outsourcing
Price Bailey pride ourselves on offering a truly bespoke service. We can outsource all or part of your finance function, including specific tasks, and can do this on a short- or long-term engagement i.e. maternity/ paternity cover or recruitment bridging.
VAT for Charities is a very complicated area. We offer a bespoke service, adaptable to your in-house expertise; offering to complete your VAT returns for you or just provide a review service. We can also advice on the more complex areas of VAT or provide a VAT review of your organisations VAT position?
An important one to get right, we are able to support with any number of employees and frequency of pay, we provide a flexible and adaptable service and are able to set up and provide advice on payroll, pensions and employee benefits.
We offer a retainer relationship that gives you access to our in-house lawyers when you need them. They can help with handbooks, recruitment and HR issues as well as other areas.
We provide independent examinations, audit and accounts services. Requiring additional expertise, we make sure your accounts and returns satisfy Companies House and Charity Commission and can also help with your impact report.
Over the past few years, the charity and not for profit sectors have battled strong economic headwinds. Covid 19 has impacted the charity sector immensely, from decreased fundraising income arising from cancelled events and activities, to rapid digital acceleration for events and charitable service delivery methods, shift in working patterns and hybrid working, to cybercrime attacks, and some closing their offices permanently.
The seismic shift to digital activity has caused increased cyber activity and increased inflation, social care levy and utility costs, all bringing new risks and challenges for the sector.
Resilience and sustainability have always been a key focus; and the current economic climate has increased demands on charity services whilst income generation and diversification remains a key risk on many charity risk registers.
Opportunities do present themselves with regard to technological changes, allowing charities and not for profits to adapt and become more resilient to challenges. It’s also important that organisations continue to embrace digital fundraising methods.
At Price Bailey, we have supported charities and not for profits throughout their journeys – no matter the challenges and opportunities they are up against.
Our most recent award was to be recognised again in the Top 3 Charity Finance auditor survey November 2023 for both our Charity service and our Charity Expertise – and is a testament to how our clients feel about our audit service and advice.
Our Charities team combines technical expertise with genuine passion for the sector. Every member of our team values the variety that comes with advising in this space, where no two days are the same. Together, we support clients with everything from technical accounting and best practice advice to financial management, corporate governance and strategic planning.
Many of our team are Trustees themselves, and we pride ourselves on staying at the forefront of charity developments, contributing to key debates and championing best practice.
Our in-house expertise spans every area of charity and NFP management, including tax and VAT, reserves, income diversification, risk management and financial strategy. With tax and VAT specialists, payroll professionals, employment law and corporate finance experts all under one roof, we offer joined-up advice tailored to your organisation’s needs.
As a charity or not for profit organisation, we know that sometimes your day-to-day tasks can take over.
To help keep you in the know about industry changes and advances, we host a number of free and insightful events throughout the year to support you.
Previously we have held events that cover:
Head over to our events page to see our latest seminars you can book your place on.
Contact us today to find out more about how we can help you
The DMCS has announced a 10-week consultation on financial thresholds in Charity Law which closes on 10th June 2025. Find out more here...
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Price Bailey provide outsourced payroll services to well-known sporting charity.