Subjects: Technical updates

Is your governing document up to date?

When did you last read your Governing Document? Do you know where it is?
Your Governing Document could also be called your Constitution, Articles of Association or even your Trust Deed. In effect, it’s the Rulebook for your Charity.
It should cover anything […]

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The Role of a COFA – Onerous or opportunity?

In the role of a COFA you must “take all reasonable steps” to proactively prevent breaches of the SRA regulations.
By now, you should have instigated systems and procedures to ensure that your firm is compliant with this new approach.
The following […]

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Reclaim VAT on your sports facilities

Do you let out your Sports facilities? Do you charge VAT on the hiring fee?
You may be able to get it back!
Many Charities, such as community groups, clubs and schools let their sports facilities to members of the public and […]

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Cyber risk assessment during an audit

Are you confident that your IT systems are robust enough for today’s business world?
I often read references in the press to Generation Y, being individuals born since 1980. The rough idea is that our brains (I feel something of a […]

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Does your accounting system help or hinder?

As your business evolves so must your management systems.  You need to keep pace and have the information you need, when you need it, in order to maintain control.
In the beginning
Many start-ups use manual systems, often complimented by Microsoft Office […]

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Grant funding: how Innovate UK can assist in business growth

An overview of grant funding if you are considering this option for growing your business.
About Innovate UK
Innovate UK are a non-departmental government body who provide businesses with grants for innovative, game changing ideas. Furthermore, they can assist […]

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Having up to date management accounts is a must

Do you think you know your business well enough to dispense with the need to prepare regular management accounts?
Can you really say you have control over your business if you don’t have up to date figures to hand?

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Company secretarial tip: Correcting company record error

Sometimes despite doing your best, mistakes can be made when documents are filed at Companies House. The big question is – can these be corrected?
The short answer is that it depends on the company record error.
The good news is that […]

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Preparing for GDPR

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Pension scams

Beware of the many pension scams out there.
HMRC and The Pensions Regulator (TPR) publish leaflets to warn people of the consequences of pension liberation scams.
HMRC are advising that individuals with pension savings continue to be targeted by unscrupulous companies encouraging […]

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