Charity Accounting PartnersFree masterclass for growing UK charities
The financial
operating system every
growing charity needs.
In 30 minutes, Carl Wakeford ACA shows you the 5 layers behind charities that build a surplus every year, even while funding falls. It’s the same system he puts in place for the charities CAP works with, explained so you can start on it yourself.
Trusted by growing charities
- ICAEW Chartered AccountantsEvery team member qualified
- Trained at KPMG UKPublic sector and charity audit
- Charities onlyOutsourced finance for UK charities
- 100% client retentionEvery charity we work with has stayed
92.4% doesn’t look like a problem.
When a contract recovers 92.4% of its costs, the work still gets delivered and trustees are happy, so nobody raises it.
But it quietly draws down your reserves, contract after contract and year after year. In the masterclass, Carl works through this exact example and shows you how to cost a contract properly, so that growth strengthens your position instead of weakening it.
The 5 layers of a financial operating system
The system works like a tower, read from the bottom up. Each layer depends on the one beneath it, which is why the first two matter most.
- 5Trust
Funders, trustees and your CEO can all see that your finances are under control.
- 4Foresight
You have a rolling forecast, a clear view of cash timing and a reserves range built from your own risks.
- 3Visibility
Reports are shorter and better aimed. They focus on exceptions and explain every variance.
- 2Rhythm
Finance runs on a monthly cycle, and budget holders see their own numbers in plain language.
- 1Structure
Your accounting system becomes the single source of truth, with every transaction coded by nominal, fund and activity.
The masterclass walks through every layer, starting where the cause sits.
3 questions most charities answer on instinct
These aren’t really accounting questions. They’re decisions your board makes every year, often without the data to back them up. The masterclass shows you the system that answers them.
What does each service actually cost to run?
Most charities can’t say, because costs aren’t coded by service in the accounting system. Without it, you can’t price a bid, negotiate a contract or decide what to stop.
Carl shows how coding every transaction by nominal, fund and activity lets you add a margin to every contract, so it adds to your surplus instead of quietly costing you.
How many months could our unrestricted reserves cover?
It’s discussed at board, but rarely tracked in the accounting system that’s meant to hold the truth. Misclassified income makes it worse: contracts recorded as restricted funds can hide flexibility you already have.
You’ll see how to report reserves in months, against a range built from your own risks.
Where will we land at year end?
Nobody can predict the future exactly, but you can know where you’re heading. A rolling forecast with worst, likely and best cases shows where you’ll land early enough to act.
Carl explains how foresight is built, and why it only works once the layers beneath it are in place.
Most growing charities are stuck at level 2
Most growing charities are compliant, often impressively so. The trouble is that all that effort rarely changes a decision. Choose the level that sounds most like yours.
Presented by
Carl Wakeford ACA
Founder, Charity Accounting Partners. Chartered Accountant, Charities Only.
Carl trained at KPMG UK in public sector and charity audit, where he reviewed hundreds of charities and saw everything from best practice to fraud. He then worked in start-ups, consulting and board advisory roles, and with international charities. He founded Charity Accounting Partners to be the outsourced finance function that works only with charities.
“As a charity, outsourcing financial management can feel like a daunting step, requiring a high degree of trust and confidence in the provider. Charity Accounting Partners have made that process seamless for Croydon Mencap.”
“You will be blown away by what Charity Accounting Partners can offer. I have been so impressed by the level of professionalism.”
Find out where your surplus is leaking, in 30 minutes.
Watch now and you’ll know where your charity sits, which layer to fix first, and the 3 checks to run this week.
Ready to talk about your charity now? Book a Financial Strategy Session with Carl