UK Statutory Instrument 2008 United Kingdom

Charities (Accounts and Reports) Regulations 2008

What this means for your business

1 guides
Enforced by
Charity Commission
Applies to
United Kingdom
On this page
1 practical guide
Read full text on legislation.gov.uk

Practical guidance

Our guides explain how to comply with the requirements above.

Prepare charity accounts using SORP

How to prepare charity accounts following the Statement of Recommended Practice (SORP), including thresholds for receipts and payments versus accruals …

Sections and provisions

43 classified provisions from this legislation.

16 Duties 1 Powers 6 Definitions 6 Exemptions

Duties 16

  • s.7 Form and content of statement of accounts: special case charities
  • s.8 Form and content of statement of accounts: charities other than investment funds or special case charities
  • s.11 Requirement for financial years of a parent charity and its subsidiary undertakings to coincide
  • s.13 Form and content of group accounts: parent charities that are investment funds
  • s.14 Form and content of group accounts: parent charities that are special case charities The group accounts
  • s.16 Form and content of group accounts: general requirements
  • s.17 Group Accounts: departure from the general rules
  • s.24 Duties of auditors: audit of a statement of accounts prepared under section 42(1) of the 1993 Act
  • s.25 Duties of auditor: audit of accounts prepared under Part 7 of the Companies Act 1985
  • s.26 Duties of auditors: audit of a receipts and payments account and a statement of assets and liabilities prepared under section 42(3) of the 1993 Act
  • s.30 Duties of auditors carrying out an audit of group accounts under paragraph 6 of Schedule 5A to the Charities Act 1993
  • s.31 Independent examination of individual charity accounts
  • s.32 Examination of the accounts of English and Welsh National Health Service Charities
  • s.35 Ceasing to hold office
  • s.38 Annual Reports: non-parent investment fund
  • s.39 Annual Reports: parent investment funds

Powers 1

  • s.33 Audit and independent examination: supplementary provisions

Definitions 6

  • s.2 Interpretation the 1960 Act the 1985 Act the 1993 Act
  • s.4 Application, revocation, savings and transitional provisions accounts determination group accounts provisions report determination
  • s.9 Meaning of “aggregate gross income” gross income group income group transactions
  • s.10 Financial years of subsidiary undertakings
  • s.37 General non-parent charity non-parent investment fund parent investment fund
  • Schedule 2 NOTES TO THE STATEMENT OF ACCOUNTS PREPARED BY A CHARITY THAT IS NOT AN INVESTMENT FUND OR SPECIAL CASE CHARITY excepted information corresponding financial year

Exemptions 6

  • s.3 Financial year of a charity which is not a company
  • s.18 Exceptions relating to requirement to prepare group accounts
  • s.19 Exceptions relating to requirement to prepare group accounts
  • s.34 Dispensations from audit or examination requirements
  • s.36 Auditors appointed by the Commission
  • Schedule 1 STATEMENTS OF ACCOUNTS: INVESTMENT FUNDS