Outsource your charity accounting and finance to us and concentrate more on your core mission. We have decades of working experience in the charity sector and found that while larger charities can afford all required financial skill, the smaller suffers most. They often end up with accountants who don't understand the context of charity working environment.
A customised process will be developed for your charity. However, broadly it works as follows; Once you agree us to serve you, we shall spend adequate time at your office to understand not only the accounting but the organisational context and environment. We can take care of your full accounting services: book-keeping, payroll, management accounts, donors' reports, attending the meeting, producing annual accounts and trustees report of Charity Commission.
You decide what you want us to do, and we are very flexible to meet your fluctuating need.
A customised process will be developed for your charity. However, broadly it works as follows; Once you agree us to serve you, we shall spend adequate time at your office to understand not only the accounting but the organisational context and environment. We can take care of your full accounting services: book-keeping, payroll, management accounts, donors' reports, attending the meeting, producing annual accounts and trustees report of Charity Commission.
You decide what you want us to do, and we are very flexible to meet your fluctuating need.
Services
We have decades of working experience in the charity sector and found that while larger charities can afford all required financial skill, the smaller suffers most.
They often end up with accountants who don't understand the context of charity working environment.
We have spent our whole professional life in the charity sector.
Our director Golam Morshed started working with a grass-roots charity as frontline finance staff, gained experience in various roles up to finance director in a wide range of charities.
They often end up with accountants who don't understand the context of charity working environment.
We have spent our whole professional life in the charity sector.
Our director Golam Morshed started working with a grass-roots charity as frontline finance staff, gained experience in various roles up to finance director in a wide range of charities.
All day to day accounting services e.g Bookkeeping, Payroll Management, Management Accounts, Invoice monitoring, Bank Reconciliations.
We help you to keep your donors satisfied with the appropriate and relevant report in time.
We make sure that all required records are kept for your charity, reportings are done in time to your regulators e.g.
Every penny saved in your charity will directly increase your fund availability for core mission.
We can help you deveral ways to achieve cost reduction and savings for your charity.
We help you to keep your donors satisfied with the appropriate and relevant report in time.
We make sure that all required records are kept for your charity, reportings are done in time to your regulators e.g.
Every penny saved in your charity will directly increase your fund availability for core mission.
We can help you deveral ways to achieve cost reduction and savings for your charity.
Charities are increasingly outsourcing their internal function/services.
In the current funding climate, it has become more urgent for charities to outsource.
We encourage charities to convince themselves of the benefit before jumping to the outsourcing wagon.
The bottom line is that any savings generated through outsourcing directly increase the pot of the fund to be used for frontline services or charity beneficiaries.
As a trustee and senior management team, you decide which course of action to follow.
In the current funding climate, it has become more urgent for charities to outsource.
We encourage charities to convince themselves of the benefit before jumping to the outsourcing wagon.
The bottom line is that any savings generated through outsourcing directly increase the pot of the fund to be used for frontline services or charity beneficiaries.
As a trustee and senior management team, you decide which course of action to follow.
We have been providing outsourced accounting and financial management solutions to charities for some times.
While outsourcing has broadly benefited to all charities to reduce costs and improve efficiency.
However, the level of gains from outsourcing varies.
Outsourcing motive: Why do you want to outsource?
Cost reduction motive remains the prime reason, but it does not have to be the only one.
By the way, outsourcing does not suit everyone, therefore, consider your circumstances carefully.
Expectations: Make sure that you know what you expect from your outsourcing provider.
While outsourcing has broadly benefited to all charities to reduce costs and improve efficiency.
However, the level of gains from outsourcing varies.
Outsourcing motive: Why do you want to outsource?
Cost reduction motive remains the prime reason, but it does not have to be the only one.
By the way, outsourcing does not suit everyone, therefore, consider your circumstances carefully.
Expectations: Make sure that you know what you expect from your outsourcing provider.
Here is an example of a charity client's outsourcing cost-benefit analysis.
Charity Background: A London based charity working with vulnerable people.
The charity has an annual income of 450k, of which around 75% income comes from, contract/grants and rest from general donation (unrestricted).
It operates with 9 staff members and 36 volunteers.
Several funding contracts were coming to an end without any firm indication from donors to renew these contracts.
A part-time finance officer was taking care of accounts/finance functions, who decided to leave the charity.
Charity Background: A London based charity working with vulnerable people.
The charity has an annual income of 450k, of which around 75% income comes from, contract/grants and rest from general donation (unrestricted).
It operates with 9 staff members and 36 volunteers.
Several funding contracts were coming to an end without any firm indication from donors to renew these contracts.
A part-time finance officer was taking care of accounts/finance functions, who decided to leave the charity.
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