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Charities have to prepare accounts in accordance with the Statement of Recommended Practice (SORP) also known as the Charities SORP. 

The SORP provides guidance for charities on how to apply FRS102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102). The most recent version of the SORP was issued in October 2025 and, as it applies for financial periods commencing on or after 1 January 2026, it is known as SORP 2026.

This guide is designed for people who may be new to the charity sector or otherwise need to understand charity accounts. Download your copy here.

Latest version updated November 2025
The content of guides is correct at the time stated above but inevitably legal changes, case law and new financial reporting standards will change. You are therefore advised to check any particular actions you plan to take with the appropriate authority before committing yourself. No responsibility is accepted by the authors for reliance placed on the content of this guide.