Setting up a charity is just the beginning—running it effectively requires ongoing compliance, strong governance, and strategic planning. Here are some key insights to help you manage your charity successfully:

Good Governance is Key

Trustees play a crucial role in ensuring the charity operates within legal and ethical guidelines. Regular meetings, transparent decision-making, and proper record-keeping are essential to maintaining accountability.

Maximising Financial Benefits

Did you know that registered charities can claim Gift Aid, allowing them to increase donations by 25% at no extra cost to the donor? Having a charity bank account and proper financial reporting can also help secure grants and funding.

Understanding New Regulations

The Charity Commission regularly updates its guidance to ensure charities are operating effectively. Recently, there has been a greater focus on public benefit reporting, safeguarding, and financial transparency. Failing to comply could lead to investigations or even removal from the register.

Expanding Your Impact

A well-structured charity can access more funding opportunities, build strong community partnerships, and grow its services. Proper planning and compliance will help you achieve long-term success.