Not for profit

Making doing good, easier

Not for profits have just as much of a need for accounting services as regular businesses. It can be a minefield for charities, community interest companies and other not for profit organisations. However, we don’t believe that compliance and tax regulation should get in the way of an organisation doing real good in the world.

That’s why Cottons is committed to our accounting services for not for profits. We’ll prepare your charity accounts according to the statement of recommended practice (SORP), ensuring that all your funds are properly accounted for – pledges, donations, investments, etc. With us, your non-profit organisation will be transparent and fully compliant.

As a charity, you can get certain tax reliefs if HMRC recognises you. Charities don’t pay tax on most types of incomes (unless they are used for non-charitable purposes). They also pay tax on certain dividends and profits from developing land or property. Meanwhile, there are special VAT rules for charities. Don’t get confused when it comes to accounting for non-profit organisations. Get the experts in instead.


Want to take the next step?

If you're looking to further your business, our team is waiting to hear from you.

How we help

Accounts & outsourcing

Complete accounting solutions – from management accounts to outsourcing support.

Accounting solutions

Tax services

Covering the basic and the complex. Saving you time and money wherever possible.

Tax assistance

Corporate finance

From mergers and acquisitions to MBOs, we will help things run effectively and smoothly.

Corporate finance help

Audit & assurance

Sharp-eyed, thorough auditors with a promise to prioritise efficiency  and accuracy.

Audit help


Business advisors

Providing practical advice on how to strengthen your business's structure and push forward.

Business support

Our latest insights

From industry news to opinions from our experts, we’re all about sharing useful information and insight.

It can be hard to keep track of all the financial and regulatory changes or news you need to stay on top of when you’re running a business – but that’s why we’re here. In our blog, you’ll find useful updates and information from our team, stripped of jargon and made easy to understand.


Ready to connect?

If you’re curious about how we can help you, please reach out: our team is very keen to hear from you.

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