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Filing your annual return
Updated 22 April 2024
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Note that New Annual Returns forms are now available for Tier 1-4 charities. These can be used by charities who choose to early adopt the new Tier 3 or 4 XRB new reporting standards (which become mandatory for reporting periods beginning on or after 1 April 2024) and Tier 1 and 2 charities who wish to use the new forms. For more information head to the New Forms Hub.
Charities are required to submit an annual return within 6 months of their balance date (financial year en… -
How to use the Tier 3 Excel template
This tutorial will help you use the Tier 3 performance report template in Excel. You can watch the tutorial as a series of short videos or read the written version below. It will take 20 minutes to watch the whole tutorial.
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Watch the tutorial
Watch the tutorial
Contents
Welcome
1.1 Outline
1.2 Download the template
1.3 Save the template
A quick tour
2.1 Worksheet, ribbon & sheets
2.2 Name a year end
2.3 Asterisks and guidance notes
2.4 Edit cells
2.5 New paragraph with… -
Categories in the performance report – What about grants?
Posted on 11 July 2016Something you may have noticed about the minimum categories in the Performance Report is that there is no category for grants. Don’t panic! It’s deliberate.
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The minimum income categories for Tier 3 and 4 reports are as follows:
Tier 3
Tier 4
Donations, fundraising and other similar revenue
Donations, fundraising and other similar receipts
Fees, subscriptions and other revenue from members
Fees, subscriptions and other receipts from members
Revenue from providing goods… -
Tier 4 example performance reports
On this page, you'll find Tier 4 example performance reports to help you prepare your own. Some of the examples were completed in 2016, soon after the new reporting standards were implemented. Therefore, some may not include comparative information to their previous financial year. To comply with the financial reporting standards, your performance report must include comparative information to your previous financial year, also called the ‘Last Year’ column in the template.
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Example 1: Fict… -
To audit or not to audit – that is the question…
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Posted on 26 July 2016 - Updated 20 January 2022At the same time that the new financial reporting standards came into effect, there was also a change in assurance* requirements. The combination of these two has meant that some people are getting confused about what they have to do, and some people are experiencing more difficulty in finding a suitably qualified person to carry out their audit or review.
So let’s get some clarity to start with and explain what the rules** are:
Section 42C of… -
What is a Statement of Service Performance (SSP)?
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Posted on 10 August 2016One of the key features of the new reporting standards is the requirement to include non-financial information in your report in the form of the Statement of Service Performance (SSP). For a lot of charities this will be a new type of reporting in addition to your financial information that you used to submit. The SSP sets the context for the financial part of the report and shows the reader the awesome work your charity has been doing throughout the year. It’s been so… -
Conflicts of interest and making decisions
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Posted on 16 August 2016One of the most important things about being an officer of a charity is that you act for the best interest of the charity, and not for any individual or private benefit.
This doesn’t mean that people running the charity can’t be paid for the work they do. It also doesn’t stop charities hiring people and businesses to do work for them, for example, accountants to do an audit, or builders to maintain a community hall.
But it does mean that you need to make sure these d… -
Conflicts of interest and registering as a charity
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Posted on 26 August 2016This is the second blog post in our series on conflicts of interest and charities. The first explained what “related parties” and “conflicts of interest” meant. This post looks at how to become registered, and remain registered as a charity (in relation to conflicts of interest).
When we assess applications for registering as a charity, or when we evaluate any changes to your rules, we look at both your rules and your operation. This is to see whether you meet registr… -
Conflicts of interest and the related party – When to disclose the guest list
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Posted on 9 September 2016In the previous three blog posts, we discussed conflicts of interest (including ensuring you are making decisions in the best interests of your charity) and how to manage conflicts of interests in your charity’s rules document. In the fourth post in this series, we are going to cover what you need to do in terms of your financial reporting when your charity has related party transactions.
We get a lot of questions about this, and one of the things that seems to conf… -
Cash Flow Statement – Mystery or just mathematics?
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Posted on 30 September 2016By now, charities reporting under Tiers 1–3 have probably realised that a key component of the Performance Report (Tier 3)/Financial Statements (Tiers 1 & 2) is a Statement of Cash Flows. Like the Statement of Financial Performance and Statement of Financial Position in Tier 3, the Statement of Cash Flows has a certain format for presentation which includes grouping transactions according to minimum categories. This is relatively straightforward to understand an…