Webinar: New Financial Reporting Requirements – A Guide for Charities

18 June 2026:

The new Charities Statement of Recommended Practice (SORP) takes effect for reporting periods starting on or after 1 January 2026. Understanding the changes – including the new three-tier reporting system – is essential for all UK charities going forward.

This practical webinar steps you through the key changes and new financial reporting requirements, and is presented by Chartered Accountant and trainer, Neal Trup, who specialises in charities and social enterprises.

The session covers:

• Trustees’ Annual Report
• New approach to income recognition
• Accounting for leases (especially for buildings, vehicles and major equipment)
• Implications for transition, management accounts, funding and covenants

About the presenter

Neal Trup is a Chartered Accountant and trainer with a specialist focus on community charities and social enterprises. He is a member of the Charities SORP Committee, where he holds particular responsibility for smaller charities. He works through Neal Howard Ltd, a business consultancy established in 2014 that delivers training, strategic planning facilitation and coaching to organisations across the social enterprise and community sector.

Available resources

The recording is available to view above, and you can also download the presentation slides and transcript.