Chairs and Governance Roundup – September 2022

This Chairs and Governance Roundup is a collection of recent resources, news, and upcoming events for Board Members of local Age UKs.

Welcome to the latest edition of our Chairs and Governance Roundup, a collection of recent resources, news, and upcoming events for Board Members of local Age UKs. Read on for details of some useful webinars from the NCVO, the upcoming Live Longer Better event, as well as some learning and resources from the National Lottery Community Fund’s Ageing Better programme.


Trustees’ Week 7 to 11 November

Trustees’ Week celebrates the achievements of the 1 million charity trustees in the UK and this year’s theme is “making a difference in changing times”. Throughout the week you’ll have the chance to connect with other trustees to share your experiences. You’ll also be able to develop your skills through our wide range of events, training and guidance.

For more information and resources, please visit: www.trusteesweek.org.

During Trustees’ Week NCVO is running a series of webinars, find out more here.


Live Longer Better – face to face event 19th October

The Live Longer Better movement promotes the 4 R’s: reconditioning, rejuvenation, risk reduction and revolution with the aim of enabling people to do just that: live longer better.

All Age UKs are invited to join the first in-person Live Longer Better national event where the programme will reaffirm its collective mission.

Find out more about the event by clicking this link.

Learn more about Live Longer Better here.


Learning and Resources from the Ageing Better Programme

The National Lottery Community Fund’s Ageing Better programme was a seven-year, £87 million programme designed to test different ways of improving the lives of people over 50 by addressing social isolation and loneliness within local communities. The programme was delivered by 14 place-based partnerships across England.

In this article, Ruth Bamford, Learning Lead for Ageing Better at The National Lottery Community Fund, shares below some of the impact from their Ageing Better programme, as well as highlighting the importance of delivering a person-centred approach when addressing loneliness and social isolation.

Click here to view the full article.


Age UK Influencing Conference 2022 “Getting through a difficult winter”


You can now sign up here to attend this year’s Age UK Influencing Conference on Wednesday 12th October 2022! We are welcoming staff, volunteers and trustees from across the Age UK Network and multiple attendees from the same local Age UK are welcome and encouraged.

This year’s conference will be looking at the challenges older people (and the local Age UKs supporting them) face, and sharing ideas, evidence and practical ways to improve their lives. We’ll hear from local Age UKs and policy experts on topics such as the cost of living crisis, digital exclusion, tackling health inequalities through targeted approaches to black and minority ethnic older people, and working with ICSs, sharing tips from across the network. We will also consider the very difficult winter ahead for local Age UKs, as energy prices soar, and what we can do to help through our influencing activity.

Click here to book your place.


Building good governance – short online sessions for trustees

NCVO run a series of online training events specifically for trustees covering topics such as:

  • Trustee basics
  • Financial intelligence for trustees
  • Safeguarding for trustees
  • Quality, diversity and inclusion

To find out full details, please click here.


Association of Chairs Event “Rethinking Charity Closure”

The Association of Chairs is running an event on 15 November to explore the issues around deciding to close a charity. Although this is often viewed as a negative decision, it can sometimes be a normal part of a charity’s natural life span.

As CC3 ‘The Essential Trustee’ highlights: Acting in the charity’s best interests means always doing what the trustees decide will best enable the charity to carry out its purposes, both now and for the future.

It’s not about serving:

  • the interests of trustees or staff
  • the personal interests of members or beneficiaries
  • the personal interests of supporters, funders or donors
  • the charity as an institution in itself, or preserving it for its own sake

Sometimes trustees need to consider collaborating or merging with another charity, or even spending all of the charity’s resources and bringing it to a close.

The event brings together three people with insight and expertise on closing charities. They offer practical hands-on experience and will share their insights on how to open up conversations about closure, and if it is the right course, how to navigate it well.

Click here for full details, including how to book your place.

The Association of Chairs publishes a free monthly e-newsletter containing useful resources and support, including events like the one above. To register, please click here.


Resources to support Chairs and Trustees with good governance

Age UK provides a number of online resources aimed at supporting Chairs and trustees to deliver excellent governance of local Age UK charities.

The resources include:

  • Pointers to the key Charity Commission guidance
  • A link to the Association of Chairs, an independent membership group which supports Chairs from all charities
  • Ideas on recruiting and retaining trustees
  • Guidance on CEO appraisals
  • Information on Age UK network quality standards
  • A briefing on the Charity Governance Code
  • Sources of support for local Age UKs relating to service development, funding, finance and more
  • Template governing documents for local Age UKs – useful when reviewing your constitution

These resources can be found on the loop – the intranet for the Age UK network – by clicking here.

If you do not have access to ‘the loop’ then please contact theloop@ageuk.org.uk


Hempsons’ Free Trustee Training Webinars – November 2022

Hempsons are delighted to announce that their annual trustee training will now be held online. They will be joined by haysmacintyre, charity accountants, who have supported the trustee training for a number of years.

The course will share experiences of some of the governance lessons that charities have learnt through the pandemic and as they re-focus strategy afterwards. These include an acceleration in decision-making and implementation. Organisational speed of response has been enabled by streamlined, focused delegation and greater board entrustment of staff and volunteers. Other efficiencies can include proportionate reporting to the board on the core areas they need to measure.

The programme has been split into three separate sessions, which can be attended as a full programme, or individually – the sessions are interlinked and build on each other. It has been designed for charity Trustees and Chief Executives, and is suitable for those new in post as well as the more experienced who are wanting a refresher. 

Click here for full details, including how to book your place.

October 2022 Finance Network Meeting – “The Importance of Good Financial Governance”

The next Finance Network Meeting will take place on Wednesday 26th October from 11:00 to 12:30 and will focus on the topic “The Importance of Good Financial Governance”.

The next Finance Network Meeting will take place on Wednesday 26th October 2022 from 11:00 to 12:30. The meeting will cover the very topical subject of ‘The Importance of Good Financial Governance’ which will be presented by Judith Miller, a Partner in Sayer Vincent, leading auditors and advisers to charities and social purpose organisations. (Financial Governance here includes relevant financial controls and also good reporting practices, for trustee boards and for SMT use.) Find out full details below, including how to book your place.

We will also be joined on the day by Angela Croucher, Finance Director at Age UK West Sussex, Brighton & Hove, who will share some of her perspectives on Good Financial Reporting for the trustee board.

Both topics are very relevant because we are all living in very uncertain times right now – having come through the worst of the pandemic, we are now facing unprecedented challenges in the form of the cost-of-living crisis, spiralling energy costs (albeit now thankfully capped, but for how long?), inflation, staff recruitment and retention issues and radical changes in the funding landscape. If ever there was a time for trustees to ensure good financial governance in their organisations and to be receiving clear and informative financial reports, that time is surely now.

The pandemic impacted on the Network in varying ways and to different degrees. Many Brand Partners have found new ways to reach clients, adapting working practices to address new circumstances – in particular, by making greater use of technology. This will bring its own set of challenges and it is important that local Age UKs ensure their financial controls and governance processes are fit for purpose and have kept pace with these changes.

According to the Charity Code of Governance, a charity is best-placed to achieve its ambitions and aims if it has effective governance and the right leadership structures. ‘Skilled and capable trustees will help a charity attract resources and put them to best use.’

But effective financial governance carries more challenges because many trustees won’t have been recruited for their financial skills and may not feel confident about finance. Some may be over-reliant on others who have more experience to take the lead on financial matters, or they may engage in an inappropriate level of detail when effective financial management means looking at the bigger picture and longer-term sustainability of the charity.

This can be helped or hindered by the financial information with which trustees are presented. Do reports help them to understand the drivers of financial sustainability and explain, in simple terms, the charity’s position on results, cash, and reserves?

So as a trustee, or a member of the SMT, are you sufficiently up to speed with the present financial position of your charity? Are you able to consider the best way forward for the charity at this time of huge financial and economic challenge? Are you able to show the leadership which good governance demands of trustees?

Book your place

To book your place at the meeting, or if unable to attend on the day, to request a copy of the slides and the recording, please click here.

You will receive a brief confirmation once you have submitted your registration form. The Teams Meeting Link and Joining Instructions will be sent to you directly by the Financial Governance Team nearer the time of the event in the usual way. So please fill in the form using the above link, book out the time in your diary and watch out for the Teams Meeting Link email – thank you.

September 2022 Finance Network Meeting – One week to go!

There’s one more week to book your place at the next Finance Network Meeting on Wednesday 21st September from 11:00 to 12:30. This meeting will focus on the topic “Maximising Property Potential and Protecting Property Assets”.

A quick reminder that the next Finance Network Meeting will take place in a week’s time on Wednesday 21st September 2022 from 11:00 to 12:30. Nick Sladden, Partner, Head of Charities at RSM and William Ray, Partner in the operational Real Estate Department of Gerald Eve will present on the topic ‘Maximising property potential and protecting property assets.’ Find out full details below, including how to book your place.

As you know, property, be it owned or leased, is a key part of a Brand Partner’s organisation. Be that for service delivery, administrative, trading or investment purposes, having a property strategy and determining how to optimise your property holdings should be an important consideration and subject to review on an annual basis.

Against a backdrop of rising inflation, increasing costs and higher interest rates – plus Brand Partners working and delivering services in different ways post pandemic – it is also essential to regularly reflect upon how your property strategy can positively impact on your charity and its current and future beneficiaries.

In broad outline, the presentation will cover the following areas:

  • Property strategy and how it relates to reserves management
  • Tax considerations
  • Accounting options including valuations
  • Overview of regulatory requirements and recent changes
  • The importance of good estate / property management

The session is open to all relevant management, staff and trustees in Local Age UKs and Cymru Partners involved in making strategic decisions, managing and safeguarding the organisation’s property assets. So please share this information with colleagues in your organisation who you feel would be interested in attending.

This will be an opportunity for colleagues from across the network to reaffirm and update their knowledge and to raise questions on this important topic from the specialists at RSM and Gerald Eve to obtain further insight and guidance.

Book your place!

Please note the new booking process directly through Microsoft Forms. To register your attendance, and / or to subsequently receive a copy of the recording of the event and the slides, please register using this link.

Also please note the following – you will receive a simple ‘thank you’ for responding once you have submitted your registration form. The Teams meeting link and joining instructions will be sent to you directly by the Financial Governance Team nearer the time of the meeting in the usual way.

So please fill in the form above, book out the time in your diary and watch out for the email – thank you.

September 2022 Finance Network Meeting – “Maximising Property Potential and Protecting Property Assets”

A reminder that the next Finance Network Meeting will take place on Wednesday 21st September from 11:00 to 12:30 and will focus on the topic “Maximising Property Potential and Protecting Property Assets”.

A quick reminder that the next Finance Network Meeting will take place on Wednesday 21st September 2022 from 11:00 to 12:30. Nick Sladden, Partner, Head of Charities at RSM and William Ray, Partner in the operational Real Estate Department of Gerald Eve will present on the topic ‘Maximising property potential and protecting property assets.’ Find out full details below, including how to book your place.

As you know, property, be it owned or leased, is a key part of a Brand Partner’s organisation. Be that for service delivery, administrative, trading or investment purposes, having a property strategy and determining how to optimise your property holdings should be an important consideration and subject to review on an annual basis.

Against a backdrop of rising inflation, increasing costs and higher interest rates – plus Brand Partners working and delivering services in different ways post pandemic – it is also essential to regularly reflect upon how your property strategy can positively impact on your charity and its current and future beneficiaries.

In broad outline, the presentation will cover the following areas:

  • Property strategy and how it relates to reserves management
  • Tax considerations
  • Accounting options including valuations
  • Overview of regulatory requirements and recent changes
  • The importance of good estate / property management

The session is open to all relevant management, staff and trustees in Local Age UKs and Cymru Partners involved in making strategic decisions, managing and safeguarding the organisation’s property assets. So please share this information with colleagues in your organisation who you feel would be interested in attending.

This will be an opportunity for colleagues from across the network to reaffirm and update their knowledge and to raise questions on this important topic from the specialists at RSM and Gerald Eve to obtain further insight and guidance.

Book your place!

Please note the new booking process directly through Microsoft Forms. To register your attendance, and / or to subsequently receive a copy of the recording of the event and the slides, please register using this link.

Also please note the following – you will receive a simple ‘thank you’ for responding once you have submitted your registration form. The Teams meeting link and joining instructions will be sent to you directly by the Financial Governance Team nearer the time of the meeting in the usual way.

So please fill in the form above, book out the time in your diary and watch out for the email – thank you.

Chairs and Governance Roundup – August 2022

This Chairs and Governance Roundup is a collection of recent resources, news, and upcoming events for Board Members of local Age UKs.

Welcome to the latest edition of our new Chairs and Governance Roundup, a collection of recent resources, news, and upcoming events for Board Members of local Age UKs. Read on for details of an upcoming Association of Chairs event, a new “Trust in Charities” research report from the Charity Commission, our upcoming online briefing session for Chairs of local Age UKs, and much more.

Association of Chairs Event “Rethinking Charity Closure”

The Association of Chairs is running an event on 15 November to explore the issues around deciding to close a charity. Although this is often viewed as a negative decision, it can sometimes be a normal part of a charity’s natural life span.

As CC3 ‘The Essential Trustee’ highlights: Acting in the charity’s best interests means always doing what the trustees decide will best enable the charity to carry out its purposes, both now and for the future.

It’s not about serving:

  • the interests of trustees or staff
  • the personal interests of members or beneficiaries
  • the personal interests of supporters, funders or donors
  • the charity as an institution in itself, or preserving it for its own sake

Sometimes trustees need to consider collaborating or merging with another charity, or even spending all of the charity’s resources and bringing it to a close.

The event brings together three people with insight and expertise on closing charities. They offer practical hands-on experience and will share their insights on how to open up conversations about closure, and if it is the right course, how to navigate it well.

Click here for full details, including how to book your place.

The Association of Chairs publishes a free monthly e-newsletter containing useful resources and support, including events like the one above. To register, please click here.


Charity Commission “Trust in Charities” Research Published

The Charity Commission has published its latest “Trust in Charities” research, which includes the views of both the public and trustees. Conducted in spring 2022, the research found that people living in more affluent areas with higher ethnic and cultural diversity trusted charities more compared to those in less diverse areas with low economic security. It also reported that fewer members of the public (56%) thought charities were ‘essential’ or ‘very important’ for society than last year (60%).

Click here to view a summary of the research


Being part of the Age UK Network” – online briefing session for Chairs of local Age UKs

Age UK and the Age England Association (AEA) are offering all Chairs at local Age UKs the opportunity to find out more about the support and resources that are available to local Age UKs and Age Cymru local partners.

This online briefing session will take place on Wednesday 21 September from 9am to 11am.

The aims of the session are:

  • To give an overview of the Age UK network, your organisation’s partnership with Age UK and the role of the Age England Association (AEA) 
  • To share experience with peers on chairing, good governance, leadership and more
  • To find out where to go for more detail on the support and collaboration opportunities available  

There are up to 20 places at each session and all Chairs are welcome. These events may be of interest if you have been appointed as Chair quite recently or if would like a refresher on the benefits of being part of a network with a shared purpose and brand.

Please let us know if you would like to take part but cannot make the above date and we will organise further sessions.

Booking your place

To book, please email BSupportAdmin@ageuk.org.uk. We will send an invitation to an online Microsoft Teams meeting nearer to the date.

If you have any questions about the content of the sessions, please email paul.robson@ageuk.org.uk.


Resources to support Chairs and Trustees with good governance

Age UK provides a number of online resources aimed at supporting Chairs and trustees to deliver excellent governance of local Age UK charities.

The resources include:

  • Pointers to the key Charity Commission guidance
  • A link to the Association of Chairs, an independent membership group which supports Chairs from all charities
  • Ideas on recruiting and retaining trustees
  • Guidance on CEO appraisals
  • Information on Age UK network quality standards
  • A briefing on the Charity Governance Code
  • Sources of support for local Age UKs relating to service development, funding, finance and more
  • Template governing documents for local Age UKs – useful when reviewing your constitution

These resources can be found on the loop – the intranet for the Age UK network – by clicking here.

If you do not have access to ‘the loop’ then please contact theloop@ageuk.org.uk


Hempsons’ Free Trustee Training Webinars – November 2022

Hempsons are delighted to announce that their annual trustee training will now be held online. They will be joined by haysmacintyre, charity accountants, who have supported the trustee training for a number of years.

The course will share experiences of some of the governance lessons that charities have learnt through the pandemic and as they re-focus strategy afterwards. These include an acceleration in decision-making and implementation. Organisational speed of response has been enabled by streamlined, focused delegation and greater board entrustment of staff and volunteers. Other efficiencies can include proportionate reporting to the board on the core areas they need to measure.

The programme has been split into three separate sessions, which can be attended as a full programme, or individually – the sessions are interlinked and build on each other. It has been designed for charity Trustees and Chief Executives, and is suitable for those new in post as well as the more experienced who are wanting a refresher. 

Click here for full details, including how to book your place.

September 2022 Finance Network Meeting – “Maximising Property Potential and Protecting Property Assets”

The next Finance Network Meeting will take place on Wednesday 21st September from 11:00 to 12:30 and will focus on the topic “Maximising Property Potential and Protecting Property Assets”.

The next Finance Network Meeting will take place on Wednesday 21st September 2022 from 11:00 to 12:30. Nick Sladden, Partner, Head of Charities at RSM and William Ray, Partner in the operational Real Estate Department of Gerald Eve will present on the topic ‘Maximising property potential and protecting property assets.’ Find out full details below, including how to book your place.

As you know, property, be it owned or leased, is a key part of a Brand Partner’s organisation. Be that for service delivery, administrative, trading or investment purposes, having a property strategy and determining how to optimise your property holdings should be an important consideration and subject to review on an annual basis.

Against a backdrop of rising inflation, increasing costs and higher interest rates – plus Brand Partners working and delivering services in different ways post pandemic – it is also essential to regularly reflect upon how your property strategy can positively impact on your charity and its current and future beneficiaries.

In broad outline, the presentation will cover the following areas:

  • Property strategy and how it relates to reserves management
  • Tax considerations
  • Accounting options including valuations
  • Overview of regulatory requirements and recent changes
  • The importance of good estate / property management

The session is open to all relevant management, staff and trustees in Local Age UKs and Cymru Partners involved in making strategic decisions, managing and safeguarding the organisation’s property assets. So please share this information with colleagues in your organisation who you feel would be interested in attending.

This will be an opportunity for colleagues from across the network to reaffirm and update their knowledge and to raise questions on this important topic from the specialists at RSM and Gerald Eve to obtain further insight and guidance.

Book your place!

Please note the new booking process directly through Microsoft Forms. To register your attendance, and / or to subsequently receive a copy of the recording of the event and the slides, please register using this link.

Also please note the following – you will receive a simple ‘thank you’ for responding once you have submitted your registration form. The Teams meeting Link and Joining Instructions will be sent to you directly by the Financial Governance Team nearer the time of the meeting in the usual way.

So please fill in the form above, book out the time in your diary and watch out for the email – thank you.

Chairs and Governance Roundup – July 2022

This new Chairs and Governance Roundup is a collection of recent resources, news, and upcoming events for Board Members of local Age UKs.

Welcome to the first edition of our new Chairs and Governance Roundup, a collection of recent resources, news, and upcoming events for Board Members of local Age UKs. Read on for details of our upcoming online briefing session for Chairs of local Age UKs, a list of the latest resources to support you in your role, and an upcoming free trustee training course from Hempsons.

Being part of the Age UK Network” – online briefing session for Chairs of local Age UKs

Age UK and the Age England Association (AEA) are offering all Chairs at local Age UKs the opportunity to find out more about the support and resources that are available to local Age UKs and Age Cymru local partners.

This online briefing session will take place on the following dates:

  • Wednesday 24 August from 9am to 11am
  • Wednesday 21 September from 9am to 11am

The aims of the session are:

  • To give an overview of the Age UK network, your organisation’s partnership with Age UK and the role of the Age England Association (AEA) 
  • To share experience with peers on chairing, good governance, leadership and more
  • To find out where to go for more detail on the support and collaboration opportunities available  

There are up to 20 places at each session and all Chairs are welcome. These events may be of interest if you have been appointed as Chair quite recently or if would like a refresher on the benefits of being part of a network with a shared purpose and brand.

Please let us know if you would like to take part but cannot make either of the above dates and we will organise further sessions.

Booking your place

To book, please email BSupportAdmin@ageuk.org.uk. We will send an invitation to an online Microsoft Teams meeting nearer to the date.

If you have any questions about the content of the sessions, please email paul.robson@ageuk.org.uk.


Resources to support Chairs and Trustees with good governance

Age UK provides a number of online resources aimed at supporting Chairs and trustees to deliver excellent governance of local Age UK charities.

The resources include:

  • Pointers to the key Charity Commission guidance
  • A link to the Association of Chairs, an independent membership group which supports Chairs from all charities
  • Ideas on recruiting and retaining trustees
  • Guidance on CEO appraisals
  • Information on Age UK network quality standards
  • A briefing on the Charity Governance Code
  • Sources of support for local Age UKs relating to service development, funding, finance and more
  • Template governing documents for local Age UKs – useful when reviewing your constitution

These resources can be found on the loop – the intranet for the Age UK network – by clicking here.

If you do not have access to ‘the loop’ then please contact theloop@ageuk.org.uk


NCVO Governance Roundup – July 2022

The National Council for Voluntary Organisations (NCVO) have released their governance roundup for July, with the latest news, resources, and training for Board members. This includes an update from Reach Volunteering, who have added new resources to their Trustee Recruitment Cycle resource pack.

Click here to read the full round up.


Hempsons’ Free Trustee Training Webinars – November 2022

Hempsons are delighted to announce that their annual trustee training will now be held online. They will be joined by haysmacintyre, charity accountants, who have supported the trustee training for a number of years.

The course will share experiences of some of the governance lessons that charities have learnt through the pandemic and as they re-focus strategy afterwards. These include an acceleration in decision-making and implementation. Organisational speed of response has been enabled by streamlined, focused delegation and greater board entrustment of staff and volunteers. Other efficiencies can include proportionate reporting to the board on the core areas they need to measure.

The programme has been split into three separate sessions, which can be attended as a full programme, or individually – the sessions are interlinked and build on each other. It has been designed for charity Trustees and Chief Executives, and is suitable for those new in post as well as the more experienced who are wanting a refresher. 

Click here for full details, including how to book your place.

Reminder: July 2022 Finance Network Meeting – ‘Charity Reserves’

The next Finance Network Meeting will take place on Wednesday 20th July from 11:00 to 12:30 and will focus on the topic ‘Charity Reserves’.

This is a quick reminder that the next Finance Network Meeting will take place on Wednesday 20th July from 11:00 to 12:30. Katie Cooper (Associate Director in the Business Restructuring team) and Lucy Rowley (Senior Manager in the Not for Profit Audit team) from BDO LLP will take an in-depth look at ‘Charity Reserves.’ Find out full details below, including how to book your place.

All Brand Partners need to develop a policy on reserves which establishes a level of reserves that is right for the charity and clearly explains to its stakeholders why holding these reserves is necessary.

A reserves policy provides assurance that the finances of the charity are actively managed, its activities are sustainable and is an essential cornerstone of financial management and governance.

The presentation will focus on the following areas:

  • The importance of free reserves and how to calculate them;
  • Understanding charitable funds and managing restrictions;
  • Developing a tailored reserves policy (including examples);
  • Completing a going concern assessment; and
  • Proactive monitoring of reserves and red flags to watch out for.

This will be an opportunity for colleagues from across the network to reaffirm and update their knowledge, develop their thinking and to raise questions on this important topic with the team at BDO.

Book your place!

To register your attendance, and / or to subsequently receive a copy of the recording of the event and the slides, please simply send an email to John.Fox@ageuk.org.uk  with your name and role title, the name of the Brand Partner you are representing and the email address to which the follow-up material should be sent.

We would be grateful if you could confirm in your email whether you will be attending on the day or just requesting access to the meeting recording and supporting slides – thank you.

The session is open to all relevant management, staff and trustees in Local Age UKs and Cymru Partners. So please share this information with colleagues in your organisation who you feel would be interested in attending.

July 2022 Finance Network Meeting – ‘Charity Reserves’

The next Finance Network Meeting will take place on Wednesday 20th July from 11:00 to 12:30 and will focus on the topic ‘Charity Reserves’.

The next Finance Network Meeting will take place on Wednesday 20th July from 11:00 to 12:30. Katie Cooper (Associate Director in the Business Restructuring team) and Lucy Rowley (Senior Manager in the Not for Profit Audit team) from BDO LLP will take an in-depth look at ‘Charity Reserves.’ Find out full details below, including how to book your place.

All Brand Partners need to develop a policy on reserves which establishes a level of reserves that is right for the charity and clearly explains to its stakeholders why holding these reserves is necessary.

A reserves policy provides assurance that the finances of the charity are actively managed, its activities are sustainable and is an essential cornerstone of financial management and governance.

The presentation will focus on the following areas:

  • The importance of free reserves and how to calculate them;
  • Understanding charitable funds and managing restrictions;
  • Developing a tailored reserves policy (including examples);
  • Completing a going concern assessment; and
  • Proactive monitoring of reserves and red flags to watch out for.

This will be an opportunity for colleagues from across the network to reaffirm and update their knowledge, develop their thinking and to raise questions on this important topic with the team at BDO.

Book your place!

To register your attendance, and / or to subsequently receive a copy of the recording of the event and the slides, please simply send an email to John.Fox@ageuk.org.uk  with your name and role title, the name of the Brand Partner you are representing and the email address to which the follow-up material should be sent.

We would be grateful if you could confirm in your email whether you will be attending on the day or just requesting access to the meeting recording and supporting slides – thank you.

The session is open to all relevant management, staff and trustees in Local Age UKs and Cymru Partners. So please share this information with colleagues in your organisation who you feel would be interested in attending.

June 2022 Finance Network Meeting – ‘SORP – essentials of good financial reporting.’

The next Finance Network Meeting will take place on Wednesday 29th June from 11:00 to 12:30 and will focus on the topic ‘SORP – essentials of good financial reporting’.

This is a quick reminder that the next Finance Network Meeting will take place on Wednesday 29th June from 11:00 to 12:30. Naziar Hashemi, National Head of Social Purpose and Non Profits and Mark Atkinson Director, Social Purpose & Non Profit Organisations from Crowe U.K. LLP will present on the topic ‘SORP – essentials of good financial reporting’. Find out full details below, including how to book your place.

The Charities Statement of Recommended Practice (SORP) provides recommendations and requirements setting out how to prepare ‘true and fair’ accounts in accordance with UK accounting standards. The SORP is updated from time to time to take account of changes to accounting standards and/or charity law.

As the vast majority of Local Age UKs and Cymru Partners start to develop their 2021-22 year – end financial reports we thought this would be a suitable time to update on the key requirements of the SORP and are grateful to the team at Crowe for their support with this. The presentation will focus on the following areas:

  • Risks
  • Reserves
  • Going Concern
  • Impact
  • Governance
  • Income Recognition

This will be an opportunity for colleagues from across the network to reaffirm and update their knowledge and to raise questions – obtain further insight and guidance – on this important topic from the specialist team at Crowe.

Book your place!

To register your attendance, and / or to subsequently receive a copy of the recording of the event and the slides, please simply send an email to John.Fox@ageuk.org.uk  with your name and role title, the name of the Brand Partner you are representing and the email address to which the follow-up material should be sent.

We would be grateful if you could confirm in your email whether you will be attending on the day or just requesting access to the meeting recording and supporting slides – thank you.

The session is open to all relevant management, staff and trustees in Local Age UKs and Cymru Partners. So please share this information with colleagues in your organisation who you feel would be interested in attending.