Not for Profit eNews - April 2025
The not-for-profit sector continues to evolve in the face of regulatory change, cost pressures, and heightened scrutiny. This month’s newsletter explores key developments shaping the operating environment for charities, with practical insights for the sector.
We begin with a detailed look at the Chancellor’s Spring Statement and what it means for charities. While no direct support was announced, policy changes on welfare reform, employer NICs, and public spending carry significant implications for demand, costs, and funding. Our lead article breaks down the announcements and highlights what charities should do now.
Next, we reflect on recent regulatory investigations and enforcement cases. From governance failures at Dudgeon Park to the £5m fraud at Cardiff Sixth Form College, we unpack the lessons for internal controls, trustee responsibilities, and regulatory compliance.
This month’s edition also includes a spotlight on Scotland, where the Scottish Government has confirmed a rise in the audit threshold for charities from £500,000 to £1 million. The move has been widely welcomed by the sector and is expected to relieve pressure on thousands of charities across the country. We outline what this means for reporting requirements and consider future regulatory reforms.
Finally, we report on the SORP consultation that was launched at the end of March and how you can get involved.
As always, the sector continues to navigate complexity and change. We hope this month’s insights help you stay ahead of the curve, reinforce good governance, and allocate resources where they’re most needed and where greatest value can be realised.
