Author Archives: Sumeet Bajaria

Charitable Incorporated Organisations (CIOs) in the UK: An Accountant’s Perspective

In the UK, there are four primary legal structures you can adopt if you are a charity: Trust – registered with The Charity Commission Unincorporated charity – registered with The Charity Commission Charitable company limited by guarantee – registered with Companies House and The Charity Commission Charitable Incorporated Organisation (CIO) – registered with The Charity […]

Why is it important to explain the different types of funds held by not-for-profit entities in the Annual Report


It is crucial for not-for-profit entities to clearly explain the composition and purpose of funds in their annual reports. This helps donors, funders, and stakeholders to better understand the entity’s financial position.   Types of funds   Not-for-profit organisations such as registered charities, charitable companies, trusts, and Charitable Incorporated Organisations (CIOs) can hold a variety […]