SORP 2026: What Trustees of Small Charities Need to Know

About this episode

Aishat discusses the implications of SORP 2026 for trustees of small charities, focusing on clarity and governance rather than technical accounting details.

Grab your copy of my book Charity Finance from A - Z Check out ExpensePlus and sign up for a month's free trial and 10% off your first year's subscription, using my referral link http://expenseplus.co.uk/r/AI-BANC SORP 2026 is now published, and while it’s often described as a technical accounting update, its biggest implications for small charities are about clarity, explanation, and good governance, not technical detail. In this episode, Aishat speaks directly to trustees of small charities, particularly those without finance backgrounds or in-house finance teams. The focus is on what trustees need to understand, what they don’t need to worry about, and the questions they should feel confident asking. KEY TAKEAWAY SORP 2026 is not about doing more accounting; it’s about clearer explanation and transparency Trustees don’t need to know the technical detail, but they do need to ask whether accounts reflect the updated framework Impact reporting matters for small charities, but it’s about storytelling, not complex measurement The Trustees’ Annual Report is a key trustee responsibility: it should clearly link activities, outcomes, use of funds, and public benefit Restricted funds…

People in this episode

Host: Aishat

Topics covered

• SORP 2026
• small charities
• trustees
• accounting
• governance
• impact reporting

Keywords

• SORP 2026
• trustees
• small charities
• accounting
• governance
• impact reporting
• trustees' annual report
• restricted funds

Sponsors

ExpensePlus

Mentioned in this episode

Organizations: Charities SORP 2026

Products: ExpensePlus

Books & works: Charity Finance from A - Z

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