http://www.accountingforgood.co.uk/blog/ The latest Blog feeds from www.accountingforgood.co.uk en-us Tue, 12 May 2026 23:09:05 +0100 Rocketspark http://www.accountingforgood.co.uk/blog/post/26463/cic-compliance-what-community-interest-companies-need-to-stay-on-top-of/ Running a Community Interest Company (CIC) means balancing two things at once: making a positive impact and meeting your legal responsibilities.For many CIC directors, compliance can feel overwhelming at first — especially when you are also delivering projects, applying for funding, supporting beneficiaries, and trying to keep the organisation sustainable.The good news is that most CIC compliance follows a regular cycle. Once you understand what is required and put good systems in place, it be... Tue, 12 May 2026 10:51:59 +0100 http://www.accountingforgood.co.uk/blog/#post26463 http://www.accountingforgood.co.uk/blog/post/25573/boards-budgets-better-decisions/ Every great organisation has one thing in common — not just passion, but purpose that’s backed by good governance.Boards make decisions that shape futures. Whether you’re a trustee, a director, or a volunteer stepping into governance for the first time, your choices carry weight. And those choices are only as strong as the information behind them.That’s where financial understanding becomes essential.... Mon, 08 Dec 2025 09:00:00 +0000 http://www.accountingforgood.co.uk/blog/#post25573 http://www.accountingforgood.co.uk/blog/post/25572/impact-is-more-than-numbers/ When funders ask about “impact,” they often want data — numbers of people helped, workshops delivered, or outcomes achieved.But impact isn’t just about how much we do. It’s about what changes because of what we do.For me, impact has always been as much about the story as the stats. The balance between the two is where real insight — and accountability — live.... Mon, 01 Dec 2025 09:00:00 +0000 http://www.accountingforgood.co.uk/blog/#post25572 http://www.accountingforgood.co.uk/blog/post/25571/how-to-build-confidence-in-your-numbers/ Confidence in your finances isn’t about knowing every rule or regulation — it’s about understanding the story your numbers tell.Too many social enterprises and charities struggle with this. They do incredible work in their communities, but when it comes to the accounts, they hesitate. They worry about “getting it wrong” or feel that finance is something only accountants understand.The truth is, confidence comes from clarity, not complexity.... Mon, 24 Nov 2025 09:00:00 +0000 http://www.accountingforgood.co.uk/blog/#post25571 http://www.accountingforgood.co.uk/blog/post/25570/why-inclusive-accounting-matters/ When people think of accounting, they often imagine spreadsheets, tax returns, and compliance deadlines. But for me, accounting has always been about people — about fairness, opportunity, and making sure every organisation and every person has the chance to thrive.Inclusion isn’t a buzzword in our work; it’s the foundation of ethical practice. If we believe in numbers that tell the truth, then we also have to believe in systems that include everyone.... Mon, 17 Nov 2025 09:00:00 +0000 http://www.accountingforgood.co.uk/blog/#post25570 http://www.accountingforgood.co.uk/blog/post/25545/the-new-charities-sorp-whats-changing-and-how-to-get-ready-for-2026/ Big changes are coming to charity accounting and reporting. A revised Statement of Recommended Practice (SORP) — the framework that governs how charities and charitable companies prepare their accounts — is due to be published in autumn 2025 and will apply to financial periods starting on or after 1 January 2026.If you run a charity or CIC, this isn’t just a technical update. It will affect how you record, present and explain your finances — and how funders, regulators and supporters und... Fri, 17 Oct 2025 20:24:28 +0100 http://www.accountingforgood.co.uk/blog/#post25545 http://www.accountingforgood.co.uk/blog/post/25544/wellbeing-for-social-entrepreneurs-why-you-cant-pour-from-an-empty-cup/ If you’re leading a CIC, charity or social enterprise, chances are you didn’t get into this work for the money or the status. You’re here because you care — about people, about your community, about making a difference.But here’s the uncomfortable truth: in the rush to build impact, many social entrepreneurs neglect the one resource they can’t replace — themselves.... Fri, 17 Oct 2025 20:07:29 +0100 http://www.accountingforgood.co.uk/blog/#post25544 http://www.accountingforgood.co.uk/blog/post/25543/getting-it-right-how-directors-of-cics-can-be-paid/ One of the most common questions we’re asked by CIC founders is:“Can I pay myself as a director?”The short answer is yes — but how and how much you pay yourself matters.CICs exist to deliver social benefit, and while that doesn’t mean directors must work for free, it does mean that payments must be transparent, reasonable and clearly linked to the organisation’s mission.... Fri, 17 Oct 2025 19:52:11 +0100 http://www.accountingforgood.co.uk/blog/#post25543 http://www.accountingforgood.co.uk/blog/post/25541/what-the-new-companies-house-identity-verification-rules-mean-for-cics-charities-and-social-enterprises/ The UK company law is changing, and one of the most significant updates is the introduction of mandatory identity verification for anyone involved in running a company — including CIC directors, company secretaries, and PSCs (people with significant control).For social enterprises and charities structured as companies, this isn’t just a bureaucratic step — failing to complete identity verification will mean you can’t legally act in your role.... Fri, 17 Oct 2025 19:31:46 +0100 http://www.accountingforgood.co.uk/blog/#post25541 http://www.accountingforgood.co.uk/blog/post/24173/why-start-a-social-enterprise/ You’ve got an idea that could make a real difference — maybe it’s a community garden, a support group, a creative workshop, or a service for people who often get overlooked.But now you’re asking: Should I start a charity? Go self-employed? Set up a CIC?There’s no one-size-fits-all answer — but here’s why starting a social enterprise might be the right move for you.... Fri, 16 May 2025 16:03:08 +0100 http://www.accountingforgood.co.uk/blog/#post24173