Do you need an Audit or an Independent Examination? In short, charities and charitable companies with an income of between £25,000 and £500,000 are only required to have an independent examination rather than a full audit.   You may still need a full audit with an income of less than £500,000 if you have assets of over £3.26M or your governing document requires it. Most funders will probably not require a full audit as they would rather you spend as much as you can on your cause rather than on expensive audit fees. You could be paying a lot more than you need to by having a full audit when the Charity Commission may not require you to have one. The full requirements can be found here on the Charity Commission website:- http://www.charitycommission.gov.uk/Publications/cc15b.aspx If you are not sure or would like more information please get in touch and we can advise.  We offer a free initial consultation visit to assess your needs. CASK compiled our end of year accounts in an efficient, professional and transparent manner. I am pleased to work with such as a company that has charitable and ethical aims to benefit the local community. I would highly recommend their accountancy services.   Jane Jiwa, Chief Executive, Smart Savings South West CIC Need help with your charity accounts? Ask CASK