West Yorkshire Community Accounting Service WYCAS
Author : tatyana-admore | Published Date : 2025-06-23
Description: West Yorkshire Community Accounting Service WYCAS Amanda Peters WYCAS Yorkshire Funders Forum WYCAS is a registered charity that works with third sector organisations to help them manage their finances effectively and efficiently Part of a
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Transcript:West Yorkshire Community Accounting Service WYCAS:
West Yorkshire Community Accounting Service WYCAS Amanda Peters WYCAS Yorkshire Funders Forum WYCAS is a registered charity that works with third sector organisations to help them manage their finances effectively and efficiently. Part of a network of Community Accountancy services Part funded through local authorities In 20/21 we: Prepared & examined 555 sets of accounts Turnover ranges from 5k to 800k Majority less than 250k CICs, CIOs, CBS, Charities, Companies Ltd by guarantee What We Do In 20/21 we: Provided 968 advice & training sessions Training courses on trustee responsibilities, full cost recovery, forecasting, CIO conversions etc Completed tax returns; advised on complex VAT issues, reviewed financial systems etc. What We Do Initial RAG analysis of clients Forecasting skills Going Concern Corporation tax issues Lack of capacity Impact of COVID Accounts are historical - what current data can be used? Need consistency/proportionality from funders Recognise that system costs need to be funded Share due diligence? Encouraging good practice Long Term Needs Always in demand ( paid and unpaid) Difficult to recruit Mismatch between supply and demand ? Need for different approach – a bridge Opportunity to increase diversity in the sector with targeted project. Finance Skills in the Sector Questions ? Amanda Peters WYCAS Stringer House 34 Lupton Street Leeds, LS10 2QW Tel: 0113 270 6291 Mobile: 07985289412 Email: Amanda.peters@wycas.org.uk OR info@wycas.org.uk
