Ready, set, report! FRS 102 and Charity SORP for Charitable Care

28 Oct 2026

New reporting requirements are on the horizon. We’re helping care charities get ready!

From leased care facilities and equipment to income recognition and trustees’ annual reports, changes to FRS 102 and the Charity SORP could have a significant impact on how care charities report their finances.

At HaysMac, we’re sharing practical guidance and resources to help you understand what’s changing and plan ahead.

Explore our latest resources
  • Lease accounting: Understand the new FRS 102 requirements and what they could mean for your organisation in our latest article.
  • Income recognition: Watch our Charity SORP videos for practical guidance on the updated rules.
  • Reporting checklist: Use our checklist to help navigate the new trustees’ annual report requirements.
  • Practical support for the Social Care sector: Guidance article on caring for the future.
Coming soon: A new income assessment tool

We’re developing a practical tool to help charities assess how the new income accounting rules could affect their different income streams. Sign up to our mailing list if you’d like to receive a copy when it’s ready.

Need support?

Every care charity is different. If you’d like to discuss the changes and what they mean for your organisation, reach out to me directly or our wider team who is here to help.

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