We have heard some very interesting comments recently which have made us ponder the language of charitable organisations. Comments like; you can’t apply business language to a charity – we’re different or charities give away money: they do not act completely commercial.

The not-for- profit sector has gone through a raft of changes, none more notable than the introduction of the Charities Commission with recent introduction of the Charities Act 2005. Another Act that has equal importance for our not for profit sector is the Income Tax Act 2007

One of the requirements of not-for-profit organisations registered with the Charities Commission as registered charities is that they now need to provide their annual financial statements for publication on the Charities Commission’s website. This effectively makes them available for the widest possible audience via the internet.