Partnerships and charities

Accounts in the right format for partners, regulators and funders, with bookkeeping and payroll.

Printed financial reports being reviewed at a desk

Partnerships and limited liability partnerships need accounts that allocate profit between partners correctly, a partnership tax return and a personal return for each partner. Anewthing prepares all of these from one set of records and keeps the partners informed.

Charities and not-for-profit organisations answer to trustees, regulators and funders. Anewthing prepares accounts in the required format, keeps the bookkeeping and restricted funds in order, runs payroll for staff and advises on Gift Aid and VAT where they apply.

How Anewthing helps

  • Partnership and LLP accounts and profit allocation
  • Partnership and partner Self Assessment returns
  • Charity accounts for the regulator and funders
  • Bookkeeping, including restricted and unrestricted funds
  • Payroll for staff
  • Advice on Gift Aid, VAT and trading subsidiaries

Services for partnerships and charities

Common questions

Do charities pay tax?

Most charity income is exempt from tax when used for charitable purposes, but trading, VAT and employment taxes still need care. Anewthing can review your position.

Who files the partnership return?

The nominated partner files the partnership return, and each partner reports their share on a personal return. Anewthing prepares both.

Talk to Anewthing about what you need

Tell us what you need. The scope and fee are agreed before work begins.

Call the practice info@anewthingaccounting.co.uk Based in Kent and working with clients across the UK.