Public Benefit Reporting
Public benefit reporting is about explaining:
* What a charity’s aims are and how it carries them out
* Who it seeks to benefit
* How people are benefitted.
On 4 July the Charity Commission reported on independent research commissioned by them. The research which was undertaken by Sheffield Hallam University assessed how well registered charities are dealing with the requirement, introduced in 2008, to report on public benefit in there Trustees Annual Report.
The research has found that charities need to do more to describe how people benefit from their work. Many charities are missing out on the opportunity to explain how their work has a positive impact on their beneficiaries.
It was found that in general trustees are able to explain their charity’s aims and who benefits but they are less successful in explaining how people have benefitted.
Charities with over £500,000 total incoming resources were successful in public benefit reporting with 94% partially or fully addressing public benefit reporting but there is room for improvement in smaller charities.
Full statistics can be found at www.charitycommission.gov.uk and copies of the report can be obtained by contacting the Charity Commission’s press office.
Date: 8th July, 2011
Articles from this Author
1st August, 2017
Charity Governance Code
7th July, 2017
ICAEW Audit insights: charities – positive impacts in challenging times
21st November, 2016
Academies update-Academies Financial Handbook 2016
20th April, 2016
Trustees – would you be able to manage any financial difficulties that could affect your charity?
For the latest Mercer & Hole news, visit our LinkedIn page mercer-&-hole