NOT FOR PROFIT
At MDA and CO, we offer a specialist service to the not for profit sector, our expertise can assist you in setting up systems which record, monitor and manage your financial information. As a not for profit organisation, managing your income and expenditure is imperative in ensuring you are not overspending and using up your reserves.
Our solid experience in the field and list of happy clients demonstrate our reliability commitment and expertise. By choosing us you will benefit from our expertise, dedication and availability on a continuous basis. You can be sure that together we will drive you’re not for profit organisation in the right direction.
Charities have to prepare annual accounts for the financial year end of the charity. it is the trustees responsibility to ensure that accurate records are kept as well as other directors compliance in accordance with charity commission and companies act
Any charity with an income of below the £500,000 are exempt from having an annual audit
It is imperative that charities prepare their reports in accordance with the SORP and other relevant law
We can support you in setting up your systems which ensure your data inputting is accurate, user friendly, cost effective and allows you to record your income and expenditure in the relevant class. This saves end of year accountants cost as well as accurate information for when preparing end of year grant reports for your funders
If you require support with any of the following:
Budgets annual and mid-year budget adjustments
Income and expenditure reports for funders
Cash flow forecasts
OFFER - We are offering all not for profit sector organisations a free financial health check questionnaire. Email us to request a copy.