Charity model accounts

In the Spring 2021 edition of Charity News we reported that there were plans to publish model accounts that included examples of how charities should be reporting on the implications of the COVID-19 pandemic.

These model accounts for England and Wales are now available, and consider how the pandemic’s effects might be reflected in a grant making charity where there have been implications for both income and activities, and a theatre trust that faces a challenging financial position and which has taken advantage of government financial assistance. The examples initially developed for England and Wales are being reworked by OSCR for reporting in Scotland.