Recently has been a particuarly busy time for charitable governance.
There are three key updates we want to bring to the attention of readers:
1. The new iteration of the Charity Governance Code: https://www.charitygovernancecode.org/
2. The new Statement of Recommended Practice, for charity accounts and reporting (effective for accounts reporting from 1 January 2026): https://www.charitysorp.org/
For a full picture of the SORP (annual reporting and accounts preparation for charities) and its applicability it must be read in conjunction with the accounts and examination requirements changes that are coming.
Not to worry- see both here to enable your charity to comply with the new SORP and approach its future accounting and reporting robustly:
https://www.gov.uk/guidance/changes-to-charity-accounting-and-reporting
For smaller charities please note the changes in accruals accounts thresholds, in particular as this could impact whether you need to comply.
3. The new Fundraising Code of Practice (effective 1 November 2025): https://www.fundraisingregulator.org.uk/code/code-2025
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