Not-for-profit and charity accountants
Constantly changing rules mean that charities need more than just good intentions to survive in today’s climate. Haines Watts Not-for-profit team provides accountancy and reporting services for a wide range of not-for-profit sectors.
Haines Watts have a very good understanding of the independent school sector. The audit team is very professional and helpful. Overall Haines Watts have always been very responsive to our needs and I would have no hesitation in recommending them.
Over 150 charities use our audit services and we advise many more on issues such as SORP compliance, public benefit, VAT, tax-effective giving, trading, Charity Commission guidance, internal controls, trustee responsibilities and governance matters.
Our specialist team helps schools improve their accounting systems, minimise exposure to irrecoverable VAT and maximise tax effective fund-raising. We also help with forecasting and longer term options, such as merging with other schools.
Trustees of pension schemes face some big challenges with industry changes and schemes in deficit. We provide audit and assurance services for more than sixty pension schemes ranging from small self administered to large occupational pension schemes. These include money purchase, final salary and hybrid schemes.
Clubs & societies
New regulations have created some interesting new opportunities for clubs and associations. Things like extension of gift aid and removal of tax on low level profits can help some clubs increase funds. Our team of experts can tell you if your club could benefit.
Registered Social Landlords
Registered Social Housing Providers
With the tighter mortgage lending and a shortage of rented accommodation, the need for Social Housing has never been greater. The Haines Watts team can deliver efficient, professional financial audit and advisory services to help RSLs prosper and grow.
Religious and ecclesiastical charities
Our long-term work with religious charities and trustees includes improving accounting systems and controls, preparing accounts and disclosures, accounting for legacies, mitigating VAT on construction projects, fund-raising, and classifying unrestricted, restricted and endowment funds.
The next few years will see a lot of change for student unions and our specialist team can see you through the process, for example on governance structure, limited company status, taxation of non-charitable trading and VAT status.