Accounting services tailored to meet your business demands
Not for Profit Business Services (NFPBS) has an experienced team to ensure the efficient management of clients’ financial records – including invoicing and collecting membership subscriptions, Gift Aid reclaims, charity SORP requirements and VAT returns.
We provide the full management accounting and financial management service including the preparation of all year-end lead schedules ready for your auditors. Executives need solid financial data to make sound decisions.
Our financial management team has the expertise to provide the information and analysis you need when you need it.
Fully regulated
We are regulated by HM Revenue & Customs to perform outsourced accounting services under their Money Laundering Regulations, registration number 12638400
Invoicing
Our financial management team has the expertise to provide the information and analysis you need when you need it.
Membership subscriptions
Fully managed membership subscriptions services to take the stress out of keeping your memberships up-to-date.
Gift Aid reclaims
Take the hassle out of your Gift Aid reclaims by letting our experienced staff sort it out for you.
Charity SORP Requirements
We're fully licenced to handle all charity SORP and tax requirements.
VAT Returns
Take the hassle out of your VAT returns by having our experienced staff handle it for you.
End of year
Having trouble getting the staff to get your end of year done professionally and on time? Why not get in touch?
Our work in action...
See some examples of our work with client accounts and accounting issues.
This small charity was spending more of its time running its own office than concentrating on its core purpose for being in existence. A number of well meaning individuals had attempted to help over a number of years with the challenging accounting requirements of the Charities Act, VAT – when it should be applied and when it could not – sponsorship commitments, HR issues, compliance, correct governance, Trustee meeting administration, database problems etc etc , the list just goes on.
All this time, hard work and effort and not an inconsiderable cost but still nothing was going directly for the beneficiaries of the charities main purpose. This had to stop! The Trustees realised that it was inappropriate for a charity of their size to try and achieve everything themselves and that other charities must be in a similar position.
The Trustees decided that they would outsource all the back office functions to an organisation that had both the expertise in the sector and the resources necessary for when they were required to resolve this matter. A search of the market place was made but few organisations could provide all the services required as a “one-stop-shop” or offer the depth of experience from which the Trustees would obtain comfort.
Following a tendering process a three year fixed fee contract was agreed with fees comparable with the total cost of staff, premises, software, licenses, databases etc. The big saving was where the Trustees and other senior personnel had the time to concentrate on the Charity and its good works rather than looking inwards.
An experienced management accountant attends Trustee meetings and provides a commentary on the actual expenditure and forecasts. The database is now always up to date for mailings to donors and supporters and all compliance issues completed correctly and on time. There are no longer any staff issues or any limit to resources as and when they are required.
With over 25 years experience in the field, we can bring our long-standing accounting expertise to any not-for-profit or charitable organisation.
We care about our clients and we want to see them succeed. Our staff work with merticulous precision to ensure pinpoint accuracy and never miss a payment.
Want to know more?
Get in touch with us to arrange a consultation and we'll see how we can help!
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