Accounting Without Borders

📘 SORP 2026: Income Recognition Is Changing Is Your Charity Ready? One of the most significant proposed changes in SORP 2026 isn't about how much income your charity receives it's about when that income is recognised in your accounts. Under the proposed guidance, charities may need to move away from recognising income solely based on entitlement and instead consider performance obligations under funding agreements and contracts. While your cash flow may remain the same, the timing of reported income could change significantly. This could impact: 📄 Grant agreements 🤝 Service contracts 💷 Donations with conditions 📊 Deferred income balances 📑 Internal accounting policies 📈 Reported surplus or deficit Now is the ideal time to start reviewing your funding arrangements and financial reporting processes. Preparing early will make the transition smoother and help avoid surprises when the new SORP comes into effect. At Accounting Without Borders (AWB), we specialise in helping charities navigate complex accounting and compliance changes. From interpreting new SORP requirements to reviewing funding agreements and strengthening financial reporting, we're here to help your organisation stay prepared and compliant. We've explained these proposed income recognition changes in more detail in our latest blog. 👉 Read the full article here: https://lnkd.in/eX3khcgd 🌐 Learn more about AWB: www.aw-b.org #AccountingWithoutBorders #AWB #SORP2026 #IncomeRecognition #CharityFinance #CharityAccounting #UKCharities #NonProfitFinance #FRS102 #Governance #GrantFunding #FinancialReporting #Trustees #Compliance #FinanceForGood #ThoughtLeadership

💭 The Most Important Question a Charity Never Asked A charity was preparing for its annual trustee meeting. The accounts were complete. The reports had been finalised. Everything appeared to be in order. As the meeting was about to begin, one trustee paused and asked: "Are we financially sustainable if one of our major grants doesn't get renewed?" The room fell silent. Not because they didn't have the financial statements. But because they didn't have the answer. That one question changed the entire conversation. Soon, more important questions followed... ❓ Questions Every Charity Should Be Asking 🔹 Are we financially sustainable beyond our current funding? 🔹 Are we making the most of every grant and funding opportunity available? 🔹 Do our trustees receive financial reports that support better decision-making—not just compliance? 🔹 Could automation reduce manual work and free up more time for delivering impact? 🔹 Are we prepared for upcoming regulatory and compliance changes such as SORP 2026? 🔹 Do we really understand the true cost of employing our team and delivering our programmes? 🔹 Are our finance systems helping us grow—or holding us back? These weren't questions about bookkeeping. They were questions about leadership, sustainability, and long-term impact. At Accounting Without Borders (AWB), we believe our role extends far beyond preparing accounts. We help charities ask better questions, gain clearer financial insights, strengthen governance, and make confident decisions that support their mission. Because great accounting isn't just about producing numbers. It's about asking the right questions before they become expensive problems. 💡 What question has made the biggest difference to your organisation's financial decisions? We'd love to hear your thoughts in the comments. 🌐 Learn more: www.aw-b.org #AccountingWithoutBorders #AWB #CharityFinance #NonProfit #Trustees #FinancialLeadership #Governance #FinancialReporting #UKCharities #FinanceForGood #StrategicFinance #CharityAccounting #ThoughtLeadership #SORP2026

📈 Employer NI Has Increased. Is Your Grant Budget Keeping Up? Since April, many charities have seen a significant increase in Employer National Insurance (NI) costs. While the change may appear modest at first glance, the impact can quickly add up across your workforce—placing additional pressure on payroll budgets, unrestricted funds, and grant-funded projects. For charities operating with fixed funding or multi-year grant agreements, these rising employment costs can affect financial planning, staffing decisions, and long-term sustainability. Now is the time to review your budgets and understand the true cost of employing your team. At Accounting Without Borders (AWB), we've developed the Employer Cost Calculator to help charities estimate total employment costs with greater accuracy. By factoring in salary, Employer NI, pension contributions, and other employer costs, you can make more informed financial decisions and plan with confidence. Whether you're: Preparing your next grant application, Reviewing staffing costs, Planning budgets for the year ahead, or Supporting trustees with financial forecasts, having clear and reliable cost projections can make all the difference. 💡 Plan ahead. Budget smarter. Protect your charity's impact. 🌐 Explore the AWB Employer Cost Calculator: https://www.aw-b.org/scal 📊 Use the Employer Cost Calculator directly: https://www.aw-b.org/scal #AccountingWithoutBorders #AWB #EmployerNI #CharityFinance #GrantFunding #Payroll #BudgetPlanning #FinancialPlanning #UKCharities #NonProfitFinance #Bookkeeping #CharityAccounting #FinanceLeadership #Trustees #FinanceForGood #CloudAccounting

📊 Client Story: From Spreadsheets to Xero Every charity starts somewhere. For many, spreadsheets are the first step in managing finances—but as organisations grow, manual processes can quickly become time-consuming, harder to manage, and more prone to errors. That was the challenge one of our charity clients faced. Multiple spreadsheets, manual reconciliations, and limited financial visibility were making it difficult to produce timely reports and focus on what mattered most—their mission. At Accounting Without Borders (AWB), we worked closely with the charity to migrate their financial records to Xero, creating a secure, cloud-based accounting system tailored to their needs. The transformation delivered: ✅ Faster month-end reporting ✅ Improved financial visibility ✅ Simplified bank reconciliations ✅ Better collaboration through cloud accounting ✅ More confidence in financial reporting and decision-making Technology alone doesn't solve finance challenges—the right implementation does. By modernising their accounting processes, the charity gained more time to focus on delivering impact instead of managing spreadsheets. If your charity is still relying on manual spreadsheets, now is the perfect time to explore a smarter way of managing your finances. 🌐 www.aw-b.org #AccountingWithoutBorders #AWB #Xero #CloudAccounting #CharityFinance #Bookkeeping #FinanceTransformation #DigitalTransformation #UKCharities #NonProfit #FinancialReporting #CharityAccounting #FinanceForGood #CloudBookkeeping #ModernFinance

📋 The 5 Sections Charities Most Often Get Wrong in Their Annual Accounts Even well-managed charities can make reporting mistakes that lead to delays, compliance issues, and unnecessary stress. Here are 5 of the most common problem areas: ✔️ Incomplete notes to the accounts ✔️ Poor fixed asset reporting ✔️ Cash flow management & reporting ✔️ Delays in independent examination or audit due to incomplete records ✔️ Incorrect Gift Aid reporting At Accounting Without Borders (AWB), we help charities: ✅ Prepare compliant annual accounts ✅ Maintain accurate fixed asset registers ✅ Improve cash flow reporting ✅ Get audit-ready on time ✅ Ensure Gift Aid is claimed correctly Don't wait until year-end to discover costly mistakes. A proactive approach saves time, reduces risk, and builds confidence with trustees, funders, and regulators. 🌐 Learn more: aw-b.org #CharityAccounting #AnnualAccounts #CharityFinance #GiftAid #IndependentExamination #AuditReady #NonProfit #FinanceForCharities #AccountingWithoutBorders #AWB #UKCharities #FinancialReporting #CharityCompliance

June reminded us of something important. Every charity we spoke with had a different mission-but many shared the same challenge. Some were preparing for funding applications. Others were trying to make sense of financial reports, strengthen governance, or simply find more time to focus on the communities they serve. What we learned is this: Strong finances don't just keep a charity compliant-they create confidence. Confidence to apply for grants. Confidence to answer trustee questions. Confidence to make better decisions. And ultimately, confidence to deliver greater impact. Behind every successful charity is a finance function that quietly keeps everything moving. As we head into July, we'll be sharing more practical funding insights, finance tips, free resources, and real stories from the charity sector to help organisations build that confidence. Because when your finances are stronger, your mission can go further. 💚 Here's to another month of helping charities thrive. 🌐 www.aw-b.org

A small UK charity was making a meaningful difference in its community. The impact was clear. The dedication was unquestionable. However, when applying for government and grant funding, they faced a major challenge. Their financial records were fragmented, reporting lacked clarity, and they struggled to present the financial evidence funders needed to assess their application with confidence. As a result, grant opportunities were being delayed, and funding applications were not achieving the outcomes the charity hoped for. That's where Accounting Without Borders (AWB) stepped in. Our team worked closely with the charity to improve financial visibility, strengthen reporting processes, ensure compliance, and create grant-ready financial information that clearly demonstrated both financial stability and organisational impact. The result? ✅ Clear and reliable financial reporting ✅ Greater confidence from funders ✅ Stronger grant applications ✅ A successful funding outcome This story highlights an important lesson for charities: Funding isn't only awarded based on the impact you create—it also depends on how effectively you communicate your financial position, governance, and sustainability. At AWB, we help charities across the UK transform their financial information into a powerful tool for growth, trust, and funding success. 💚 Better Visibility 📊 Better Decisions 🤝 Better Funding Opportunities 🌐 Visit us: aw-b.org #SmallCharityWeek2026 #AccountingWithoutBorders #CharityFinance #GrantFunding #GovernmentFunding #NonProfitAccounting #FinancialVisibility #CharityLeadership #SORPCompliance #IndependentExamination #GrantReporting #UKCharities #NonProfitSector #FundingSuccess #CharityGrowth #BetterFinancesBetterFutures

📋 Free SORP Checklist for Charities Month-end reporting doesn't have to be complicated. As part of Small Charity Week (22–29 June), Accounting Without Borders is offering a FREE SORP Checklist to help charities strengthen financial reporting, improve compliance, and stay on top of month-end responsibilities. ✔ Improve reporting accuracy ✔ Support SORP compliance ✔ Strengthen financial transparency ✔ Save time during month-end reviews Download your free checklist today and make your reporting process more efficient. 🌐 Get your FREE SORP Checklist: aw-b.org/sorp #SmallCharityWeek #CharityFinance #SORP #NonProfitAccounting #FinancialReporting #CharityGovernance #AccountingWithoutBorders #UKCharities #FinanceForGood #Compliance #MonthEndReporting #CharityAccounting #AWB

Small Charity Week 2026 starts today! Small charities are at the heart of our communities. They provide vital support, bring people together, and make a real difference every day — often with limited resources and small teams. That's why we're proud to be supporting Small Charity Week 2026 and celebrating the incredible impact of small charities across the UK. Throughout the week, charities can access: ✅ Exclusive discounts ✅ Free expert support ✅ Practical resources ✅ Opportunities to network and connect with others in the sector We're also delighted to be working in partnership with London Plus, supporting the CVS network across London. Special offer for CVS Network charities 🚨 To help strengthen your financial foundations, we're offering 10% off bookkeeping services for your first 3 months. 🚨 Simply quote LCVS2026 when you get in touch to claim your discount. At Accounting Without Borders, we believe that strong financial management helps charities focus on what matters most: creating positive change in their communities. Find out more at www.aw-b.org Let's celebrate the power of small charities and support the organisations making a difference where it's needed most. #SmallCharityWeek #SmallCharityWeek2026 #LondonPlus #AccountingWithoutBorders #CharityFinance #UKCharities #NonprofitSupport #CharityAccounting #BookkeepingServices #CVSNetwork #ThirdSector #NonprofitFinance #CommunityImpact #CharitySupport #FinanceForGood

Small Charity Week 2026 starts today! Small charities are at the heart of our communities. They provide vital support, bring people together, and make a real difference every day — often with limited resources and small teams. That's why we're proud to be supporting Small Charity Week 2026 and celebrating the incredible impact of small charities across the UK. Throughout the week, charities can access: ✅ Exclusive discounts ✅ Free expert support ✅ Practical resources ✅ Opportunities to network and connect with others in the sector We're also delighted to be working in partnership with London Plus, supporting the CVS network across London. Special offer for CVS Network charities 🚨 To help strengthen your financial foundations, we're offering 10% off bookkeeping services for your first 3 months. 🚨 Simply quote LCVS2026 when you get in touch to claim your discount. At Accounting Without Borders, we believe that strong financial management helps charities focus on what matters most: creating positive change in their communities. Find out more at www.aw-b.org Let's celebrate the power of small charities and support the organisations making a difference where it's needed most. #SmallCharityWeek #SmallCharityWeek2026 #LondonPlus #AccountingWithoutBorders #CharityFinance #UKCharities #NonprofitSupport #CharityAccounting #BookkeepingServices #CVSNetwork #ThirdSector #NonprofitFinance #CommunityImpact #CharitySupport #FinanceForGood