The new Charity SORP has introduced different disclosure requirements based on the size of your charity.
They have introduced three ‘Tiers’ to be proportionate. These new requirements will be relevant for your first accounting period starting on or after 1st January 2026.
The three tiers are:
- Tier 1: Income less than £500,000
- Tier 2: Income between £500,000 and £15,000,000
- Tier 3: Income over £15,000,000
The checklists are designed to ensure compliance with SORP. If you are also a company, there will be additional disclosure requirements that you will also need to make in order to comply with the Companies Act minimum disclosures.
There are then separate carbon reporting requirements for companies that have different thresholds to the Companies Act that need to be considered. A separate section is included on these requirements.
To access the checklist most relevant to your charity, please view our links below.
If you would like further support with the checklists, please feel free to reach out to me directly or a member of the HaysMac team.
