Our Accountancy Services
From financial reporting to tax compliance, we ensure that our clients can focus on their mission while we manage their financial health effectively. Partner with us to navigate the complexities of accounting and taxation, empowering your organisation to make a greater impact.
Charity independent examinations
Our independent examinations are carried out in full accordance with the Charity Commission's directions and guidance for examiners (CC32).
For an integrated and streamlined service, the independent examination may be carried out at the same time as your accounts preparation. We work closely with you to produce charity accounts that are transparent and fully compliant with the SORP and where applicable, company law.
Finance training (1.5 hours)
At Social Practice, we pride ourselves in being able to break down complex accountancy regulations into simple accessible training material, and as such, our finance training is geared towards the specific needs of first time trustees and social enterprise directors. The key areas covered during the session include:
Charity finance option
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Statutory SORP/FRS reporting
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Fundamentals of budgetary reporting and management accounts
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Internal controls and risk
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Liquidity and reserves
Company accounts and tax
Our company accounts and tax return services are designed to help you navigate the complexities of financial management with ease. We specialise in preparing company accounts for Companies House and corporation tax returns for HMRC, ensuring that every detail is meticulously handled.
Our team is committed to providing accurate and timely service, allowing you to focus on growing your social impact business while we take care of your accounting needs. Trust us to deliver reliable solutions tailored to your specific requirements.
Charity accounts and support
Our services focus on providing comprehensive support for charities, ensuring your financial accounts are accurately prepared and compliant with Charity Commission regulations. We offer expert consultancy to guide you through financial challenges, helping you make informed decisions for your organisation's future.
With our dedicated team, you can trust that your charity's financial health is in good hands, allowing you to focus on your mission and impact. Let us be your partner in navigating the complexities of charity accounting and consultancy.
Tax advice and business planning
At Social Practice, we specialise in providing expert tax advice and comprehensive business planning services tailored to meet your unique needs.
Our team is dedicated to helping you navigate the complexities of tax regulations while developing strategic plans that drive your social impact business forward. We take the time to understand your goals and challenges, ensuring that our solutions are not only effective but also aligned with your vision for success.
Management accounts and budgets
We offer a range of services focused on preparing monthly or quarterly management accounts and budgets tailored to your charity or social impact organisation's needs. Our team ensures that you receive timely and accurate financial information, allowing you to monitor performance and make informed decisions.
By partnering with us, you can enhance your financial planning and gain valuable insights into your operations. Let us help you navigate your financial landscape with confidence and clarity.
Payroll and auto-enrolment
We take the hassle out of payroll management, allowing you to focus on your core business while we handle all the details. With our expertise, you can trust that your payroll is accurate and timely prepared, and that you remain compliant with all HMRC and pensions regulatory obligations. Our services are designed to streamline your process and ensure compliance with auto enrolment filing.
Let us simplify your payroll needs for a smoother, more efficient operation.
Sole trader and personal tax
At our firm, we specialise in providing comprehensive sole trader and personal tax services tailored to meet your unique financial needs. Our experienced team is dedicated to guiding you through the complexities of tax regulations, ensuring compliance. Whether you're a sole trader looking for support in managing your accounts or an individual seeking assistance with personal tax filings, we're here to simplify the process and help you your financial goals.
Trust us to deliver reliable and efficient service every step of the way.
Culture audits
At Social Practice, we specialise in conducting comprehensive workplace culture audits. We collaborate with each organisation identifying unique cultural challenges and delving into the root causes behind them. Our bespoke services are designed to assess your current culture through an anti oppression lens and facilitate a transformative journey towards your desired culture.
We make recommendations utilising employee feedback and sector best practices, helping you to drive positive change within your charity, social enterprise or social impact business.
As a registered social enterprise, we're participating in Social Enterprise UK's flagship campaign, 'Buy Social'.
Buying social is about using your money, as an individual or an organisation, to create a positive impact on the world we live in. When you buy from a social enterprise you are choosing to spend your money with a business that is giving something back, reinvesting their profits to address the most pressing issues, from homelessness and unemployment to ethical trade and climate change.