Independent examination of charity accounts
Huw Aled Accountants offer a service to registered charities who require an independent examination of their accounts.
Where a registered charity receives gross annual income of more than £25,000 the Trustees are required to arrange for an independent person or accountancy firm to carry out either an audit or an independent examination of the charity's accounts.
The trustees will usually be able to choose an independent examination instead of an audit if a charity’s gross income is between £25,000 and £250,000. If the gross annual income is between £250,000 and £1,000,000 an independent examination is still an option, if the gross assets are less than £3,260,000.
Aled has significant experience in the world of independent examinations, having spent over six years with PricewaterhouseCoopers LLP in Cardiff. Here, he specialised in the external audit of a range of companies, from £1bn turnover financial services companies to small, Welsh language charities as well as manufacturing companies across the UK and beyond.
Aled is authorised under his full name of Aled Wyn Thomas by the Institute of Chartered Accountants in England and Wales to work as a Member in Practice.