This edition’s “star turn” is Tracy Lynch, Manager of The Greggs Foundation, who features in our ‘In conversation with…’ series. In the interview, she talks to us about her career, the history and key initiatives of the Foundation, and how they’re adapting to changing government policy as Breakfast Clubs move to a statutory funded provision.
The updated Charity Governance Code was published in late 2025, and has added an eighth principle, and the Fundraising Regulator has also issued an updated code of practice – we have set out some of the changes on the following pages.
I am sure by now you are all aware that the new SORP was published at the end of October and is now in effect, impacting year ends from 31 December 2026 onwards.
We are publishing a series of articles on our website covering the key accounting changes, which apply to both corporate and charitable entities, but we have summarised the other forthcoming changes driven by the SORP in an article on page 14.
In our next briefing on Thursday 25th June, we will be looking at charity tax, with particular (but not exclusive) reference to trading subsidiaries. The accounting changes coming in with FRS 102 will have some impact on the potential tax treatment as well and so if you think this could impact you then please sign up here or email events@unw.co.uk for more information.
Hope to see some of you soon, but if anyone has any questions on the topics in this bulletin then please get in touch.
Anne Hallowell
Charity and Not-for-Profit partner at UNW
▶ Click here to download our latest Charity Bulletin (PDF 4 MB)
