Admin, Ops, IT & Finance Community / Finance

The place for those who work in charity admin, ops or finance. 📊 Share your recommendations, helpful resources and experiences.

312 posts

Hi  We are a national charity UCIO. We have many branches and we manage our own branch money. Some branches have assets as well as a large pot of money in the bank.  As a Cambridge branch we have ver...
We are a recently, Feb 24, registered cat charity and we wish to claim gift aid. We have registered with HMRC and sent out gift aid declarations. I believe that we are able to claim gift aid for the...
Tracey Kimberley
Hi everyone,  Was wondering if anyone had any recommendations for UK charity bank account providers that may be more 'risk-averse' in the sense that my CIO aims to serve an overseas community. Having...
James Gordon
Hi, I'm CEO of a CIC, due to become a Charity this year.  We've been run voluntarily for the last 5 years, but now have 2 5 year projects we are a part of with a substantial budgeting level and I am...
I want to open an investment account where we can choose the shares to buy for our charity as a long term investment. Can anybody suggest the one where we have an option of regular investment and the...
Hello Everyone, Just a really quick question (I hope!). As mentioned in an earlier post ( https://www.charityconnect.co.uk/post/final-steps-in-changing-from-trust-to-cio/14611/32173 ), we have succee...
Victoria Talbot
I'm a parent volunteer and the treasurer of the school PTA. We are organising a large event to celebrate a significant school milestone and local businesses are donating and in return getting an ad i...
Sarah Sanders
I'm wondering if anyone has an overdue invoice policy that they would be willing to share. We have an outstanding invoice from December for a considerable amount for a service provided to another org...
Caroline Stevens
Hi all,  we are reviewing our existing policies and i would appreciate if you can share with me what Finance policies you hold for good practice? So far i have policies for expenses, petty cash and c...
Lorena Mombelli
Hello,  I have taken over bookkeeping for a Festival that is LTD and a CIC turning over £100k-200k We are currently using Co-op for our main bank account. They user experience is awful. You have to u...
Oona Burch
I work for a 'Friends of' hospital charity, and we're looking to overhaul our membership scheme. At present, the only benefits of membership are a monthly e-newsletter and a lapel pin badge. To encou...
Angie Watson
Hello We've just converted from CIC to CIO, I was told we would be able to keep the same PAYE system but HMRC have now said we cannot.  Another new CIO ( also converted from CIC, a few weeks ago) who...
Richard Martin
Hi folks Please could anyone advise if a company entering into a corporate partnership agreement with a VAT registered charity, pledging to donate funds from the sale of a book (ie £5 per book sale),...
Caroline Arthur
Hi everyone, I'm new to the Charity sector and hoping to connect to others in this field. Are there any networking sites/groups you could recommend? I currently work in finance, so ideally finance re...
Fiona Yorke-Saville
Can anyone recommend a prepaid card for employees required to travel overseas?  I'm looking for an option that would allow us to charge a card to cover accommodation, meals and incidentals and where...
Zarina Douglas-Sori
Can anyone give me any feedback about banking with Metro Bank please?? We are dithering... have to move from nightmare of banking with NatWest, and can't decide:  Unity Trust or Metro... any thoughts...
Louise Hallett
We are considering converting from an unincorporated association to a CIO. We anticipate the process would be as follows: - form a new CIO - register it with the charity commission - open a bank acco...
William B
Hello everyone, we are looking into providing an expense card for a volunteer.  Has anyone used Pleo? Would you recommend it?  Thank you.
Jo Watson
Happy Easter Sunday all, It's me again with another question. We are going to be asking individuals to apply for funding from our charity to access the MH training and services provided by the non-ch...
Should both be named as signatories?  How to make sure to protect both directors for varied situations, including providing so that no-one can take overdrafts or loans if not agreed?
Marlena Woolford
I am a member of a local Transition Group, we are not formally constituted, we have bank account, and usual governance in place. We run events and wanted to be able to use card reader. However all th...
Michael Marston
Hello everyone, I am Chair of a new Charity in our first year and we need to open a Charity Savings Account.  We are currently with Metrobank but require another Savings Account. Has anyone had exper...
Janet Turner
Can anyone help with a recommendation for an investment advisor?  We are not at all happy with the current advisor we have.  We are looking for two companies we can approach (we already have one) to...
Sharon Shortland
Hi, we want to invest some of our funds, but when we have asked investment managers we have found that they have a minimum of £150K to 1,000,000. Does anyone know of a way to invest with a smaller bu...
Henry Roehl
Hi, We currently have a bank account with COOP (Community DirectPlus) which tends to be rather clunky in use. Coupled with the absolutely abysmal customer service we receive, it's time to look for so...
Andrew Wright
We are a small pre-school CIO charity and have our public liability insurance with  Morton Michel   (a provider of early years education insurance). But the trustees want to get Trustee Indemnity Ins...
Caroline Penny
We charge £20 per annum for membership of our charity. We hold several talks each year and we are thinking of tiering our pricing. £11 for members and £13 for non-members for each event. Is the £2 di...
Rupert Lhoyd-Owen
Hello Is there anyone here who knows their way around SORP and probono support?  I’m puzzled by some of the guidance and would appreciate any advice. Under 6.13, it says “If a charity is given facili...
Jane Powell
Trying to decide between these two systems: Iplicit vs. Xledger Any insight or recommendations?  Thanks Kim
Kim Bowden
We are looking for a new Accounting and Financial Reporting Services firm. We are tendering for accounting and financial reporting services in two lots: Lot 1: System Provision, Financial Accounting,...
Lorna Massey
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