Limited by Guarantee
O'Neill Foley has a recognised specialism in advising charities and not-for-profit organisations. O'Neill Foley act for a range of charities from those established by deed with few assets, to those with high income who are companies limited by guarantee.
The unique requirements of the charities sector demand a thorough understanding of the Charities Act and its implications for your charity. You may also be subject to onerous accounts reporting to both your trustees and the Charities Commission. O'Neill Foley can guide your charity though the maze and help you to implement structures that will ease the administrative burden.
If you are planning to register a new charity, O'Neill Foley can assist with the process from the outset by advising you on the most appropriate structure for your charity, a Trust or a company limited by guarantee.
In some circumstances you may need advice on setting up a trading subsidiary if your fund raising is deemed to be trading income and therefore taxable.
At O'Neill Foley, charities can rely on quality, specialist support services including audits and independent examinations, VAT and investments.Services include:
- Charity formation
- Charity registration
- Advice on record keeping
- Reporting requirements
- Independent examination
- Charity audits
- VAT advice
- Charity commission annual returns
- Taxation advice