Charities & Trusts
Building Trust Through Financial Excellence
Strategic Insight
A charity is an organisation established for charitable purposes and public benefit, while a charitable trust is a structure in which trustees manage assets for charitable aims.
Charities support important causes such as poverty relief, education, health, heritage, and environmental protection. In the UK, charities are regulated separately in England and Wales, Scotland, and Northern Ireland, although tax rules apply UK-wide.
The sector has evolved from the Statute of Charitable Uses 1601 through major legislation, including the Charities Acts and recent reforms, which have shaped charitable purposes and the public benefit requirement.
Charities support important causes such as poverty relief, education, health, heritage, and environmental protection. In the UK, charities are regulated separately in England and Wales, Scotland, and Northern Ireland, although tax rules apply UK-wide.
The sector has evolved from the Statute of Charitable Uses 1601 through major legislation, including the Charities Acts and recent reforms, which have shaped charitable purposes and the public benefit requirement.
Legal Framework and Charitable Purposes:
- Charities Act 2011 (as amended): Defines a charity as an organisation established solely for charitable purposes.
- Recognised Charitable Purposes: Include poverty relief, education, religion, health, community development, arts, culture, science, sport, human rights, environmental protection, animal welfare, and support for emergency and public services.
- Public Benefit Requirement: Charities must provide a clear benefit to the public or a sufficient section of the public.
- Exclusively Charitable: An organisation must operate only for charitable purposes to qualify as a charity.
Key Services for Charities & Trusts
VAT Services:
CBM Accounting Ltd provides VAT services across the UK, including registration, return filing, compliance checks, and advisory support. We help businesses stay compliant, manage VAT schemes efficiently, and reduce tax risks through accurate reporting and guidance.
Corporation Tax:
CBM Accounting Ltd provides corporate tax services across the UK, including tax registration, return filing, planning, and HMRC compliance. Our professionals help businesses optimise tax efficiency, reduce liabilities, and stay fully compliant with UK tax regulations.
Accounting & Bookkeeping:
CBM Accounting Ltd offers fully digital accounting and bookkeeping services across the UK, ensuring accurate records, VAT, payroll, and reporting. We help businesses stay compliant and focus on growth with clear financial insights.
Payroll Services:
CBM Accounting Ltd provides fully managed outsourced payroll services across the UK, including salaries, tax and NI deductions, RTI submissions, pensions, and compliant pay slip processing. Our team helps businesses reduce errors, stay compliant, and save time.
Making Tax Digital:
CBM Accounting Ltd helps UK businesses and landlords transition to Making Tax Digital by setting up HMRC-compliant software, managing digital records, and handling quarterly submissions. The firm ensures full compliance while reducing errors, penalties, and admin work.
Tax Return Services:
CBM Accounting Ltd provides UK tax return services for individuals and businesses, including self-assessment, corporation tax, capital gains, and partnership returns. Our experts ensure accurate HMRC submissions, maximise tax efficiency, and maintain full compliance.
Financial Reporting:
CBM Accounting Ltd provides financial reporting services across the UK, including management accounts, statutory accounts, budgeting, and forecasting. We help businesses improve decision-making, manage cash flow, and ensure compliance with UK accounting standards.
Companies House & HMRC Compliance:
CBM Accounting Ltd provides Companies House and HMRC compliance support across the UK, managing annual accounts, confirmation statements, corporation tax, and payroll filings. Our team ensures accurate, timely submissions and helps businesses avoid penalties while staying fully compliant.
EMI Share Options:
CBM Accounting Ltd provides EMI share option scheme support in the UK, including design, HMRC valuation, registration, compliance, and ERS filings. We help businesses create tax-efficient employee incentives while ensuring full regulatory compliance.
Tax Investigation Services:
CBM Accounting Ltd provides HMRC tax investigation support in the UK, representing individuals and businesses during enquiries, compliance checks, and disputes. We handle disclosures, record reviews, and negotiations to resolve issues and reduce penalties while ensuring full client protection.
Accounting & Compliance for Charities & Trusts Services:
CBM Accounting Ltd provides accounting and compliance support for UK charities and trusts, including fund accounting, Gift Aid, annual accounts, and trustees’ reports. Our team ensures Charity Commission and HMRC compliance while maintaining transparent, audit-ready records.