Not for Profit eNews – February 2021

We have started 2021 with another National Lockdown which will bring additional uncertainty to the operations of many Not for Profits throughout the UK. There is an air of familiarity as we yet again adapt to these challenges, but hopefully we can reflect on some of the lessons learnt and positives that have arisen from the adversity of 2020. As we look ahead, there is undoubtedly significant and overwhelming levels of uncertainty but no doubt the sector will be resilient, diverse and ingenious in fighting for the causes it is so desperately needed for.

Not for Profit eNews February 2021

In this edition we look at ways in which Covid-19 has ongoing governance implications as well as looking at research on the trends emerging for charities due to the economic downturn. There is potentially welcome news regarding the business interruption insurance following a Supreme Court decision and a statement from the fundraising regulator in relation to
lockdown restrictions.

We also report on the Charity Governance Code refresh as well as insights following the Charity Commissions’ recent report on the RSPCA. We examine the latest review regarding pension deficits and what financial statements need to include.

If there are any topics within this edition that you would like to talk to us more about, please get in touch with our Not for Profit expert Nicola Mason on either 01772 821 021 or nicola.mason@mooreandsmalley.co.uk.