Use this tool to help your organisation explore tradeoffs
What to consider when closing down your charity or voluntary organisation
Important things to consider before deciding to close your voluntary organisation
Every voluntary organisation should regularly ask whether it’s still well placed to achieve its goals
If your organisation is still financially viable, you may want to consider alternative options to closure
Whatever your reasons for considering closure, you’re likely to have legal responsibilities to follow
Steps you need to take before closing your organisation
Depending on your route to closure and your legal structure, you may have different legal duties and wider responsibilities
Once the decision has been made to close, you’ll need to decide who to inform and how to inform them
Key financial steps your need to take when closing your organisation
The Employment Rights Bill introduces the biggest changes to UK employment law in decades. Find out when these changes will happen and what you should be doing to get ready.
Membership body announces changes to its executive team following the arrival of new CEO, Kate Lee.
Limited measures announced, but not enough to ease financial strain on charities.
A new report from NCVO explores impact of rise in extremism and social division on the voluntary sector.
Guidance to help you campaign with confidence during an election
Find out what makes charity finance different and how to plan appropriately
Internal controls are the things you do to help manage the risk of an error or a fraud
How to be aware of the risk factors relating to fraud and take steps to protect your organisation.
The difference between audits and independent examinations and how to prepare for both
The basic principles of bookkeeping are the same for charities as for other organisations, you just need to be aware of the slightly different emphasis and the need to keep restricted funds separate.
Guidance on creating a financial strategy and what you need to include
A pre-built spreadsheet that calculates your income percentages when you input your current funding and future targets
How to create budgets, cashflow forecasts and understanding the cashflow process