Services
Bookkeeping / Finance officer
We provide outsourced bookkeeping services tailored for charities and nonprofit organisations. Our structured approach ensures accurate record-keeping, strong financial controls, and full compliance with regulatory requirements.
From processing invoices and payroll journals to bank reconciliations and fund allocations, we maintain clear and reliable financial records that support trustees and management in making informed decisions.
Our team also monitors financial procedures to strengthen governance and reduce risk & acting as your trusted outsourced finance officer where needed.
Bookkeeping includes:
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- Accurate processing of supplier invoices and income transactions.
- Posting payroll journals and month-end adjustments (accruals & prepayments).
- Bank and control account reconciliations.
- Restricted and unrestricted fund allocation.
- Maintenance of clear audit trails and financial records.
- Review and strengthening of internal financial controls.
- Preparation of month-end trial balances and summaries.
- Acting as an outsourced Finance Officer supporting trustees and management.
Management Reporting
Reliable financial and operational information is essential for non-profit organizations to make informed and timely decisions. At Global Accountability Practice, we provide tailored management reporting that gives trustees, board members, and senior management clear visibility over financial performance, funding position, and long-term sustainability.
Our reports are designed to strengthen governance, enhance transparency, and support confident decision-making throughout the year.
Management Reporting includes:
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- Accurate processing of supplier invoices and income transactions
- Posting payroll journals and month-end adjustments (accruals & prepayments)
- Bank and control account reconciliations
- Restricted and unrestricted fund allocation
- Maintenance of clear audit trails and financial records
- Review and strengthening of internal financial controls
- Preparation of month-end trial balances and summaries
- Acting as an outsourced Finance Officer supporting trustees and management
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Annual Accounts
Preparing annual accounts is a critical responsibility for non-profit organizations. At Global Accountability Practice, we ensure your annual financial statements comply with all legal and statutory requirements while presenting a clear and transparent picture of your organisation’s financial position.
Beyond preparation, we work closely with trustees and management to help them understand the accounts, strengthening governance and financial oversight. We also support your organisation throughout the audit or independent examination process to ensure a smooth and efficient completion.
Annual Accounts Services Include:
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- Preparation of statutory annual accounts in line with applicable regulations
- Compliance with relevant accounting standards and reporting frameworks
- Preparation of supporting schedules and working papers
- Coordination with auditors or independent examiners
- Assistance during audit or independent examination queries
- Clear financial explanations for trustees and board members
- Review of disclosures and reporting requirements
- Timely submission support to relevant authorities
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Independent examination
For charities and non-profit organizations with an annual income below £1,000,000, a statutory audit may not be a legal requirement. In such cases, an independent examination provides a proportionate and cost-effective alternative while still offering assurance to trustees, funders, and stakeholders.
At Global Accountability Practice, we conduct independent examinations with professionalism and objectivity, ensuring that accounting records are properly maintained and that the annual accounts are prepared in accordance with applicable regulations.
Our approach not only fulfils compliance requirements but also provides constructive insights to strengthen financial controls and governance, giving trustees confidence that reporting obligations are being met.
Independent Examination Services Include:
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- Review of accounting records and supporting documentation.
- Examination of annual accounts for regulatory compliance.
- Identification of material inconsistencies or risk areas.
- Practical recommendations to improve financial procedures and controls.
- Clear communication with trustees and management.
- Preparation of the Independent Examiner’s report.
- Liaison with management to resolve queries efficiently.
- Support to ensure timely regulatory submission.
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Fund accounting/Funders report
Effective fund accounting is essential for charities and non-profit organizations to ensure financial transparency, accountability, and compliance with donor requirements. It is a specialised system that tracks financial resources according to specific funding conditions, ensuring that funds are used strictly for their intended purposes.
At Global Accountability Practice, we design and implement structured fund accounting systems that clearly distinguish between restricted, unrestricted, designated, and endowment funds. This ensures accurate allocation of income and expenditure while supporting full regulatory compliance.
Our approach provides clarity not only for statutory reporting but also for ongoing funder reporting throughout the year, giving trustees and stakeholders confidence in the organisation’s financial stewardship.
Fund Accounting & Reporting Services Include:
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- Design and implementation of structured fund accounting systems.
- Clear separation of restricted, unrestricted, and endowment funds.
- Accurate allocation of income and expenditure to specific funding streams
- Monitoring compliance with donor-imposed restrictions
- Preparation of tailored funder reports
- Financial summaries to support grant reporting requirements
- Reconciliation of fund balances and project tracking
- Ongoing advisory support to strengthen fund management controls
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Software migration & Training
At Global Accountability Practice, we help charities and non-profit organizations transition seamlessly from legacy systems, such as Excel, to modern cloud accounting platforms like QuickBooks Online, Xero, or Sage. Our goal is to implement efficient, accurate, and scalable systems that support your financial management needs.
We provide end-to-end support, from initial setup to staff training and ongoing assistance, ensuring your team can confidently manage accounts and reporting with minimal disruption.
Software Migration & Training Services Include
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- Cloud accounting system setup and configuration
- Custom Chart of Accounts design tailored to your organisation
- Project, funder, and department structure setup
- Creation of bespoke reports to meet management and funder needs
- Staff training and skills development on new accounting software
- Migration from existing accounting packages to modern cloud platforms
- Ongoing technical support and guidance to ensure smooth operations
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Other (VAT Partial Exemption, Gift Aid & Etc.)
Global Accountability Practice provides specialist support across a range of additional financial and compliance services to help charities and non-profit organizations manage complex requirements efficiently. Our team delivers expert guidance to ensure compliance, optimise funding, and support strategic decision-making.
Other Services Include:
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- VAT Partial Exemption Workings : Complex calculations handled accurately by experts, ensuring compliance and minimising risk.
- Gift Aid Submission: Assistance with registration, claims, and documentation to maximise eligible tax relief.
- Funding Applications: Compilation of financial information and preparation of supporting documentation for grant applications.
- Funder Liaison & Meetings: Attend meetings with potential funders to present financial information and support applications.
- Board, Audit & Finance Meeting Support: Attend and provide insights during meetings to guide trustees and management in financial decision-making.
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Useful Links
Contact Information &
Office Timings
Phone: 07949 697405
Email: info@globalaccountability.co.uk
Mon-Fri: 9:00 AM – 6:00 PM
Office Address
Omnibus Workspace North Road, London, N7 9DP