Income and Expenditure Risks

Charity trustees should regularly review and assess all the risks faced by their charity and plan for the management of those risks. Identifying the risks associated with your charity’s income and expenditure will inform your risk management and financial planning strategy, as well as help with your considerations for setting a reserves policy.

Click on the image to use to our FREE Income & Expenditure Risk Ready Reckoner 

(Please note requires MS Excel 2007 or later)

Guide to Reserves

Whether or not your charity keeps reserves, setting a good reserves policy will give confidence to stakeholders that you are managing your charity’s finances properly.

Reserves are the unrestricted funds belonging to a charity that are freely available to spend on any of the charity’s purposes. If your charity has reserves, you will need to explain to funders, donors, beneficiaries and other stakeholders the reasons why you are holding funds in reserve.

Click on the image to view our Guide to Reserves and find out more about our Reserves Calculator that will help you to work out how much you might need to keep in reserve.