Horsham Microbiz was a great success on Saturday 10 March as business people from across Sussex joined us for the well-known networking event. It was good to see more than 40 exhibitors gathered at the Drill Hall.
Join Spofforths’ Partner Mark Spofforth for the Rathbones’ Annual Charity Symposium at the British Museum in London, on Wednesday 12 September 2012. It is a challenging time for Trustees given the current economic climate, and Trustees and their advisers are being encouraged to attend the event to enjoy some topical discussion and share ideas.
The Commission has joined with the school governor recruitment charity SGOSS and the Department for Education to produce an introduction to charity law for governors of academies, foundation and voluntary schools.
The government has recently announced changes to company law that allow many companies and limited liability partnerships more choice in deciding whether to have a statutory audit. The changes apply to financial years ending on or after 1 October 2012.
Contrary to popular belief charities are able to carry out trading activities - and many do. The income from the sale of goods and services by the voluntary and community sector now makes up over half of the sector's incoming resources.
However there are significant tax implications to a charity's ability to trade.
Since the Academies Act 2010 passed through parliament the education landscape in the UK has undergone a significant period of change. The act has sought to make it possible for existing maintained schools in the UK to become “Convertor Academies” as well as to allow for “Free Schools” to be established. Academy status enables schools to operate with autonomy in key areas such as pay and conditions for staff and divergences from the national curriculum. These new freedoms come with a price and that price is a myriad of legislation and financial reporting requirements just as you would expect given the significant amounts of taxpayer money involved.
An unprecendented number of changes are currently being made to the rules for the preparation of accounts in the UK which represents a significant change. This will have an impact on all sizes of business as can be seen in our briefing "New Accounting Standards - how do these affect you?"