At Millet Audit, we deliver professional audit services for charities throughout Bradford, providing independent financial scrutiny, enhanced governance and clear support throughout the engagement. Our experienced auditors help charitable organisations approach reporting requirements with confidence while supporting financial transparency, trustee accountability, and trust among donors, funders, regulators, and other interested parties.
Get in TouchThe financial activities of a charity can vary considerably depending on its purpose, funding arrangements, and the services it provides. At Millet Audit, we carry out audits for charities in Bradford with careful consideration of how each organisation operates. Some charities may depend heavily on public donations, while others receive grant funding, generate income from charitable activities, or manage contracts linked to the delivery of specific services. These different arrangements can create important financial reporting considerations that need to be understood during the audit process. We begin by gaining an understanding of the charity, its accounting systems, and the financial activity taking place during the reporting period. This allows our audit work to be properly planned and focused on relevant areas of the financial statements.
Certain charities require statutory audits as part of their financial reporting responsibilities, while the level of external scrutiny needed can depend on the organisation’s circumstances and applicable requirements. Millet Audit provides statutory audits for charities in Bradford, working with trustees and finance teams to complete the engagement through a structured and professional process. We obtain an understanding of the charity’s financial statements and accounting records before carrying out relevant audit procedures and gathering appropriate evidence. Our team explains information requests clearly and maintains communication throughout the engagement, helping the charity respond efficiently as the audit progresses. Statutory audits provide independent assurance over the financial statements and can be important for organisations that need to demonstrate financial accountability to a wide range of stakeholders.
Get in Touch
Managing charity income can involve a range of accounting and reporting considerations, particularly where funds have been received for different purposes. At Millet Audit, we provide statutory audits for charities in Bradford that may manage restricted funding, donations, grants, fundraising proceeds, membership income, and other sources of financial support. Our independent audit work involves examining relevant financial information and obtaining evidence relating to the figures and disclosures presented within the accounts. We understand that fund accounting and grant conditions can create additional responsibilities for charity finance teams, particularly where several projects are running at the same time. Statutory audits can provide reassurance that the charity’s accounts have been independently examined while supporting confidence among trustees and external stakeholders.
Contact Us TodayChoosing an audit firm is an important decision for a charity, particularly where trustees need a reliable professional team that understands the demands of financial reporting and external scrutiny. At Millet Audit, we provide a responsive audit service focused on clear communication and effective planning. We take time to understand the organisation before carrying out detailed audit work, helping us develop an approach that reflects the charity’s financial arrangements and activities. Our experience in statutory audits and statutory audits means we are familiar with the reporting considerations that can arise when working with charitable organisations. We also recognise that many charity finance teams operate with limited time and resources, so we aim to make document requests and audit discussions straightforward wherever possible.
Get in Touch
Regulated by
We’re committed
Everything we do we do with the upmost integrity
We will ensure we understand your business
We will work with you to deliver an efficient audit
We organise ourselves so that we can best balance life and work
We are committed to developing our team
We want our team to progress and reach their maximum potential
Late Filing of Audited Financial Statements Missing a Companies House filing deadline is never ideal. Directors are understandably keen to avoid late filing penalties, particularly where the accounts are only days...
Valuing Share Options in Private Companies: Methods and Audit Considerations Introduction Many private companies use share option schemes to attract, motivate and retain key employees. Whether the scheme involves EMI options,...
The signed audit report is the public outcome of a charity audit, but it is not always the document that drives the most operational improvement. Auditors often issue a separate management...
One of the first questions asked by a charity preparing for an audit is what documents the auditor will need. The simple answer is that the evidence must support the figures,...
Preparing for a charity audit is easier when it is treated as a project with owners, milestones and review time. The work should not begin when the auditor sends the first...
Charity audits sit at the meeting point between financial reporting, governance and public trust. For trustees, chief executives and finance teams, the process is not simply an annual inspection of the...
Revenue Recognition for Small Charities: For many small charities, income recognition has traditionally been one of the most challenging areas of financial reporting. Trustees often need to determine whether grants, donations,...
FRS 102 Revenue Recognition Changes: Executive Summary The amendments to FRS 102 effective for accounting periods beginning on or after 1 January 2026 represent one of the most significant changes to...
Understanding SORP 2026 and the New Charity Accounting Thresholds – The New Era of Charity Accounting and Reporting Executive Summary The UK charity sector is experiencing the most significant change to...
Whilst we prefer to spend some time on site with each organisation, since this enables us to get a very good understanding of the culture and processes; we also recognise that this is not always possible. A well-organised statutory audit can provide charities with a practical way to complete financial reporting requirements while reducing disruption to staff, trustees, and volunteers. Millet Audit provides fully statutory audits for charities across Bradford, using digital communication and secure methods of receiving financial records and supporting evidence. At the planning stage, we discuss the audit timetable and explain the information that is likely to be required. Accounting records, financial statements, invoices, grant agreements, and other relevant documents can then be provided electronically for our auditors to review. Queries can be discussed ly, allowing the appropriate people within the charity to respond without needing to attend repeated in-person meetings. Although our service could be is , if this is your preference, our audit work remains detailed and professionally managed. We apply appropriate audit procedures and professional judgement throughout the engagement while maintaining regular contact with the organisation.
Financial transparency can help charities build stronger relationships with the people and organisations that contribute to their work. Donors may want confidence that contributions are being used appropriately, while grant providers and other stakeholders may rely on published financial statements when assessing an organisation. At Millet Audit, our audits for charities in Bradford provide independent scrutiny that supports confidence in financial reporting. The audit process allows relevant financial information and supporting evidence to be reviewed by experienced professionals who are independent of the charity. As organisations grow or develop new services, their accounting arrangements and financial reporting responsibilities may also become more involved. Statutory audits can provide an important level of external assurance, while statutory audits may be required where relevant criteria or obligations apply. Get in touch with our team to find out more.
Whether your charity needs an audit or an independent examination depends on its size and income. In the UK, an audit is legally required if your charity’s gross income exceeds £15 million, or if your income is over £7.5 million and your total assets exceed £7.5 million, or if your income is over £250,000 and you have more than 50 employees. If your charity falls below these thresholds, it may only need an independent examination, which is a simpler form of scrutiny. However, your charity’s governing document or funders may still require a full audit, even if it’s not legally necessary. It’s important to check your constitution and grant agreements before making a decision. At Millet Audit, we help trustees understand these thresholds clearly and advise on whether an audit is required. If your charity qualifies for a Charity Independent Examination, we can provide that service too. Either way, we’ll make sure you meet all Charity Commission obligations and feel confident in your financial reporting.
A charity statutory audit involves a thorough review of your financial statements, internal controls, and record-keeping to ensure they meet accounting standards and charity law. The process begins with a planning phase, where we get to know your charity’s structure, activities, and funding sources. We then carry out fieldwork, reviewing documentation and performing audit tests. Finally, we provide a detailed audit report with our findings, which trustees can present in the annual report and accounts. The time it takes depends on your charity’s size and how well-prepared the records are, but for most charities the process takes between three and five weeks from start to finish. At Millet Audit, we always aim to minimise disruption and keep things running smoothly. We work closely with your finance staff or volunteers, providing clear guidance from start to finish, and making sure your audit is completed well before Charity Commission filing deadlines.
When auditing a charity, we assess whether your financial statements give a true and fair view of your charity’s finances. We look at how income is recognised, especially grant income and restricted funds, to ensure they’re reported correctly. We also examine expenditure to confirm that it has been properly authorised and recorded, and that it supports the charity’s charitable objectives. Fund accounting is a key area of focus, particularly how restricted and unrestricted funds are managed. We also test internal controls, review governance arrangements, and check for compliance with the Charities SORP (Statement of Recommended Practice). If your charity holds investments, owns property, or runs trading subsidiaries, these areas will also be reviewed. Our role is not just to confirm compliance, but to provide trustees with assurance that systems are working effectively and risks are being managed. At Millet Audit, we explain our findings clearly and offer practical advice where needed.
Preparing well for a statutory audit can make the entire process more efficient and less stressful for your charity. The first step is to ensure your financial records are up to date and accurate, including your income, expenditure, bank reconciliations, and fund balances. Keep supporting documentation such as invoices, grant letters, and documentation records well organised and easy to access. It’s also helpful to have minutes from trustee meetings available, especially those discussing key financial decisions or budget approvals. At Millet Audit, we provide a clear list of what we’ll need in advance, and we’re always happy to answer questions beforehand. Assigning a main point of contact within your charity to liaise with us during the audit can also streamline communication. Our goal is to make the audit feel manageable—not overwhelming—and to work alongside you in a respectful, professional way. Good preparation leads to a smoother audit and helps highlight your charity’s good governance.
