Is your group run by a management committee? Then you need to be aware that you hold the same responsibilities as a charity trustee when handling money that does not belong to you personally.
Well regulated accounts will show all day-to-day entries for all money received or spent, showing what the money was spent on, or received for, during the group’s financial year.
Many groups run their financial years to begin on April 1st and end on 31st March the following year, but different dates may be chosen if more appropriate to your group’s activities (eg matching the season if a sports group, or school year if it involves young children)
All financial records should be kept for six years
If you need help in setting up or modifying your accounting system, please get in touch here
Learn My Way is the online learning platform built by Good Things Foundation to make getting online easy.
The website contains over 30 free courses designed to help beginners get started with the online basics – using a mouse, keyboard, setting up email accounts and using internet search engines – while also offering plenty to help people continue their journey to develop their digital skills further.
Learners can try the free online courses at home, work their way through with a friend or family member, or go to their local Online Centre for some tailored help and guidance.
The site offers more advanced learners the opportunity to progress on to further skills, including courses to help them become confident users of online health services, manage their finances, and a guide to use Universal Jobmatch and gain skills for employment.
Minimum Contribution Rates for Workplace Pensions are changing
This table shows the minimum contributions you must pay and the date when they must increase
||Employer minimum contribution
||Total minimum contribution
|Until 5 April 2018
|6 April 2018 to 5 April 2019
|6 April 2019 onwards
More information can be found here, including a letter template to send to staff