Introduction to Annual Accounts

An online broadcast 60 minute session, with 15 minutes of Q and A at the end.

We will introduce the concept of reserves and explore why they are crucial for our financial resilience. We will cover what is required of us by the Charity Commission, how to calculate what we actually have, how to determine how much we need and what a good policy looks like. We’ll also discuss why reserves are essential for financial stability and what to do when building reserves is a challenge. This session is perfect for leaders looking to build longer term financial resilience.

What we'll cover

• How to calculate and set a target amount for your charity’s reserves
• How to write a clear and effective reserves policy for your organization
• Why reserves are key to charity resilience and what to do when you can’t build them
• Top tips and common pitfalls to avoid

Learning Outcomes

• Calculate an appropriate level of reserves for their charity
• Write a clear and effective reserves policy
• Understand why reserves are vital for financial resilience and explore options when building reserves isn't immediately possible