Guidance about coronavirus (COVID-19) related financial difficulties in charities and how to work through them.
“We understand that many trustees are having to cope with serious financial challenges that will have a major effect on their charities and those who depend on them. We have therefore set out some guidance for trustees, especially at smaller charities, who may need help facing difficult situations or decisions.”
The information can help you with 3 steps:
Step 1: Financial advice and guidance
Step 2: options for minimising costs and protecting and increasing income
Step 3: Keep the charity’s operations and finances under regular review and take any additional actions