AI in Charities: Balancing Innovation with Governance
Artificial Intelligence (AI) continues to transform industries, and the charity sector is no exception. Tools like ChatGPT have brought AI into the mainstream, making it a key player in driving digital transformation for charities. Whether you view AI as a disruptor or a game-changer, there’s no denying its potential to streamline operations, increase productivity, and […]
Building Trust Through Transparency: Charity Finance Strategies That Inspire Confidence
Trust is not a given. It’s something that must be earned—and in the charity sector, that takes time, transparency, and staying true to your values. For charities, public trust is the foundation of success. It drives donations, builds community partnerships, and secures long-term sustainability. Yet trust in charities remains fragile. News headlines about trustees neglecting […]
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Why Financial Transparency and Oversight Matter for Charities
Transparency is a cornerstone of trust for any charity. Clear and accurate financial data isn’t just good practice—it’s essential for building strong relationships with donors, trustees, funders, and beneficiaries. It also ensures compliance with the Charity Commission and safeguards your organization’s reputation.As we enter a new financial year, charities face increased scrutiny from regulators. Reports […]
Do Charities Pay Tax in the UK? Here’s What You Need to Know
There’s a common belief that charities in the UK are completely exempt from paying tax. While registered charities do benefit from significant tax reliefs, they are not entirely off the tax radar. In fact, under certain conditions, charities may still be liable for taxes such as corporation tax or income tax—particularly if their income is […]
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Revitalising Financial Management: How Bowdon Accounting Services Provided Strategic Finance Support to a Small Business
Recently, we partnered with a small, family-owned limited company that was facing significant financial challenges. The Challenge: This company, known for its innovative products and exceptional customer service, was struggling with its financial management. Rapid growth had brought unexpected complexity to their operations, and their internal accounting systems were no longer sufficient. Cash flow was […]