Trusted Independent Examination Services for Small Charities in the UK
Are you a small charity in need of an independent examination to comply with Charity Commission requirements? We specialise in providing comprehensive and affordable financial compliance services tailored to your organisation’s unique needs. Our experienced team ensures that your charity’s financial records are accurate, compliant, and presented in a way that enhances trust and transparency with your donors, trustees, and stakeholders.
Why Choose Us?
At CIES, we understand that every charity, no matter its size, deserves the same level of professional support when it comes to financial compliance.
Our services are specifically designed for small and medium-sized charities with annual incomes ranging from £25,000 to £1 million. We know that maintaining compliance can be challenging for smaller charities, especially when resources are limited. That’s why we offer high-quality, cost-effective solutions that help you focus on your mission while we handle the numbers.
Here's what sets us apart:
Specialised Expertise in the Charity Sector
Our team has extensive experience working exclusively with charitable organisations and not-for-profits. We understand the unique accounting and compliance requirements that charities face, ensuring that your accounts are scrutinised to the highest standard.
Personalised Service Tailored to Your Needs
We offer a flexible and friendly approach to independent examination services, working closely with you to ensure that your charity’s financial story is accurately reflected. Whether you need support with independent examinations, accounts preparation, or compliance guidance, we’re here to help.
Transparent and Affordable Pricing
We offer clear, upfront pricing based on your charity’s size and complexity, ensuring no hidden costs. Our fixed-fee services are designed to offer value for money, allowing you to keep more funds for the causes that matter most.
Fast and Efficient Turnaround
We understand that time is of the essence. Our streamlined processes and dedicated team ensure that your independent examination is completed accurately and efficiently, with a typical turnaround time of just 20 days.
Our Independent Examination Services
What is an Independent Examination?
An independent examination is a form of external financial review suitable for charities with gross income below £1 million. It provides an independent review of your charity’s accounts, ensuring that the financial statements are a fair reflection of the charity’s records and comply with Charity Commission regulations. Unlike a full audit, an independent examination offers a proportionate level of scrutiny, making it more appropriate and cost-effective for smaller charities.
Why Do You Need an Independent Examination?
The Charity Commission requires all charities to have their accounts externally reviewed once their annual income exceeds £25,000. Independent examinations are particularly beneficial for smaller charities because they are less intensive and expensive than a full audit while still offering valuable assurance that financial records are in order. This helps to build trust and transparency with donors and stakeholders, making it easier for your charity to secure funding and maintain public confidence.
How We Can Help
Comprehensive Independent Examination Services
We offer a complete range of independent examination services designed to meet the specific needs of small charities. Our services include:
Annual Accounts Preparation
Ensuring your financial records are organised and compliant before the examination.
Detailed Examination of Financial Statements
A thorough review of your charity’s accounts to confirm they are accurate and in line with Charity Commission requirements.
Compliance Reporting and Guidance
Advice and support on maintaining compliance with changing regulations and governance standards.
Submission to Charity Commission
We help you submit your accounts to the Charity Commission, ensuring all deadlines are met and documentation is complete.
Additional Services for Charities
In addition to independent examinations, we offer a variety of services to support your charity’s financial health:
Charity Tax and Gift Aid Advice
Maximise your charity’s income through effective tax planning and Gift Aid optimisation.
Management Accounts and Financial Reporting
Regular management accounts to keep trustees and stakeholders informed.
Bookkeeping and Payroll Services
Keep your financial records up-to-date and compliant with payroll and bookkeeping support.
Who We Work With
We support a diverse range of charitable organisations, including:
Small Charities and Community Groups: Independent examinations for charities with income under £1 million, ensuring compliance without the need for a costly audit.
Charitable Incorporated Organisations (CIOs): Independent examination services tailored for CIOs, offering compliance and peace of mind.
Community Interest Companies (CICs): Examination and financial reporting services for CICs, helping you present clear and accurate financial information.
Faith-Based Organisations and Social Enterprises: Specialised support for faith-based charities and social enterprises, ensuring compliance and transparency.
Small Charities and Community Groups
Faith-Based Organisations and Social Enterprises
Charitable Incorporated Organisations (CIOs)
Community Interest Companies (CICs)
Our Simple 3-Step Process to Ensure Your Charity’s Compliance
At CIES, we make navigating charity financial compliance simple and straightforward. Our 3-step process is designed to ensure your charity meets all independent examination requirements quickly and effectively. Whether you’re a small charity seeking a basic compliance check or need a comprehensive financial review, we’re here to support you every step of the way.
Make An Appointment
Set up a free, no-obligation appointment to discuss your charity’s independent examination needs. Our expert team is available to answer any questions you have about compliance and financial reporting requirements. Book a time that suits you, and we’ll ensure your charity is on the right track from the start.
Get A Consultation
During the consultation, we’ll assess your charity’s financial situation, understand your unique needs, and outline the best approach to achieving compliance with the Charity Commission’s guidelines. Whether you need help with charity financial records verification or compliance review, our team will provide a clear, tailored plan.
Your Problem Solved
With our comprehensive independent examination services, your charity will meet all financial compliance requirements. We’ll help prepare your accounts, verify financial records, and ensure that everything is in order for submission to the Charity Commission or OSCR. Rest assured that your charity’s financial compliance is in expert hands.
FAQs
1. Who can carry out an independent examination for our charity?
An independent examination can be carried out by any person with the requisite skills and experience who is independent of your charity’s management. For charities with income above £250,000, the examiner must be a member of a recognised accountancy body.
2. What is the difference between an independent examination and an audit?
An independent examination is a less detailed review of financial records compared to an audit. It provides a “negative assurance” that no evidence has been found of material discrepancies. An audit, on the other hand, is more thorough and provides a “positive assurance” that financial statements present a true and fair view.
3. How long does an independent examination take?
The time taken depends on the complexity and volume of transactions within your charity’s accounts. However, at CIES, we typically complete examinations within 31 days.
4. What are the benefits of having an independent examination?
Having an independent examination ensures your accounts comply with legal requirements and can help improve transparency and trust among your stakeholders. It can also provide valuable insights into your charity’s financial health.
Email:[email protected]
