Friday 22 May 2015

DIY accounts in Microsoft Excel - workshops in Leeds

WYCAS is running 3 hour workshop sessions to help you become familiar and confident in setting up and using the free WYCAS excel cashbook template. This can be downloaded for free from our website  <Help and Advice – Tools – Cashbook excel template>

If you would like to come along to a session – they are free and all materials are provided - please contact Claire Welling to sort out a date and reserve a place.

Back to top

Making the accounts process easier!

Now that many 2014/15 accounting year ends have finished we are getting (particularly) busy with annual accounts work.  If we do your accounts for you, please remember to have a look at our short guide.  This aims to make the process as efficient and effective as possible and will help us to give you the best service. Following the simple steps outlined will help us to turn your accounts round promptly.

Please note if you don’t do this and drop off accounting records without making arrangements with us first or if they are not complete we can’t guarantee having them ready for when you want them!  

The guide also includes some hints and tips and covers important things such as timescales for filing your accounts with relevant regulators.

If you have any queries please do let us know.

Back to top

Trustees and managers – are you clear about the employment status of the people you pay?

An important issue that WYCAS often finds in our annual accounts work relates to the employment status of the individuals paid by the organisation. It is important to be clear about whether the people an organisation engages are employees or self-employed because the HR responsibilities and tax obligations are not the same. There can potentially be serious repercussions for getting it wrong. 

WYCAS has commissioned the Pay and Employment Rights Service (PERS) to run a workshop to help you to be clear on how to judge the nature of the relationship and what this means. The workshop will allow you to:

• Distinguish the key differences between being employed, self-employed and being a worker
• Understand the different employment and tax requirements and how to treat them
• Know how and where to seek advice if the position is unclear

The workshop is at Voluntary Action Leeds on 2 June from 10am till 12pm. There is a small charge of £10 to help cover costs. You can book your place here.

Back to top

Charities Audit threshold

In the February e-bulletin we referenced the Government’s announcement of the decision to raise the audit income threshold for charities to £1m from the end of March 2015. This means fewer charities are likely to need a full audit of their accounts and can instead opt for an independent examination.

We have produced a short paper summarising the key changes, associated implications and thoughts for charities who may now be eligible to make this choice.

Back to top

E-Bulletin

Our e-bulletin is issued on a monthly basis and sent directly to registered subscribers. It is also available from our website. Please note that information and resources contained in the e-bulletin are general in nature and not intended as specific advice or recommendations. We welcome any feedback on the content and format so that we can improve it and make sure it meets your needs. Please let us know  if you have any comments or suggestions.

Back to top

WYCAS provides a range of specialist services designed to meet the needs of the third sector:
• One to one support and training
• Preparation of year-end accounts
• Independent examination
• Financial training courses and workshops
• Computerising accounts
• Bookkeeping and management accounts
• Advice and information
• Bespoke consultancy projects

Back to top