Charity Account Advice Pls

loaih

We are filling the annual accounts for 2006.

1) During this year we have managed to successfully bid for grants with the assistance of consulatants. Obviously the consultants had 10% of the payment for their fees. How do we show these on our annual expenditure sheet? do we place it as Consultantcy Fees or under a different heading

2) Also we had to get a Janitor/Labour to carry out some cleaning and maintenance for the property. What does this expenditure come under?

lamb7994

You might be worth asking this in the Small biz and charity organiser forum.

J

GiveItBack

My guess, and it is just that, would be that maintenance is fine as an expense heading. Consultancy fees seem a little vague, and in the interests of transparency, I would include notes in the report under that heading with more details, about who, why and so on.

roger56

Have your checked the charity commision accounts guidance page?
http://www.charity-commission.gov.uk/publications/cc61.asp


Here may help as well
http://www.volresource.org.uk/briefing/fin_acs.htm

linlin_3

You can show the 10% fees as "consultancy fees"; janitor costs under "repairs & maintenance".