Your audit partner for

Charities and Not For Profit Organisations

Get expert help to meet your compliance obligations

We provide audit, independent examination, accounts preparation, management accounts, payroll and advisory services for charities and not-for-profits.

Not knowing what’s going on financially in your organisation can be unsettling. It’s our job to make sure you’re confident everything is above board and is being done in a timely manner and your organisation is meeting its statutory reporting obligations as applicable.

Who we support

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The CEO

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The Finance Team

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The Trustees

It’s our mission to make sure charitable organisations have the support they deserve

We care about charities and the work they do in our communities. We know you feel most supported when you can rely on people who know the inner workings of your organisation. We’ll look for ways to help you improve your accounting control systems so you can drive real impact.

It’s our mission to make sure charitable organisations have the ethical support they deserve

We care about charities and the work they do in our communities. We know you feel most supported when you can rely on people who know the inner workings of your organisation. We’ll look for ways to help you improve your accounting control systems so you can drive real impact.

Testimonials

Are you struggling with any of these industry issues?

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Understanding your reporting requirements and what is legally required
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Compliance with SORP FRS 102 regulations and accounting standards
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Understanding potential tax issues impacting the not-for-profit sector such as VAT registration, corporation tax and gift aid
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Fund accounting including the treatment of designated, restricted and endowment funds
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Related party transactions and required record retention
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Submission of statutory accounts and corporation tax returns in accordance with Companies House, Charities Commission & HMRC Guidance & Regulations.
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Understanding the requirements of the trustees’ annual report for inclusion in year end accounts

We’re here to help

First, figure out if you need an audit or an independent examination

We’re here to help

First, figure out if you need an audit or an independent examination

Our areas of expertise

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Audit

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Independent Examination

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Accounts preparation

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Management information

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Payroll

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VAT & Bookkeeping

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Tax advice

Appointing Myers Clark as their external auditor helped Herts Mind Network make organisational improvements for the future

Before our support, Herts Mind Network had unreliable financial data and issues with accounting for grants as required by SORP FRS 102. As a result they couldn’t confidently predict what they could, or could not, deliver to their service users.

As a result of recommendations arising from their audit, they have a total grasp of their financial position and are confidently moving towards their ambitions.

Our prices are based on your auditing needs

“Large” Audit

For organisations that:

  • Have an annual income between £3m and £5m from multiple sources
  • Employ staff to deliver charitable activities
  • Hold investment assets

Fee range between £10,000 and £17,000 (plus VAT)

“Small” Audit

For organisations that:

  • Have an annual income between £1m and £3m with fewer sources of income
  • Might have a few employees
  • Might have small investment holdings

Fee range between £7,500 and £10,000 (plus VAT)

Independent Examination

For organisations that:

  • Have an annual income less than £1m usually from a single source
  • Typically do not employ staff
  • Typically only hold unrestricted funds and /or minimal levels of restricted funds

Fee range between £2,500 and £6,000 (plus VAT)

Start by reaching out

Email Sumeet to talk more about your specific requirements.

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