Bishop Fleming Chartered Accountants
Please note, we are in the process of updating our factsheets. The factsheets currently available are for the 2009/2010 year.
Specialist Areas

Charities - Trustees' Responsibilities
It is often considered an honour to act as a trustee for a
charity and an opportunity to give something back to the
community. However, becoming a trustee involves a certain
commitment and level of responsibility which should not be
underestimated. We outline the main responsibilities below, with a particular emphasis on accounting and audit requirements.

Money Laundering and the Proceeds of Crime
Recent times have seen tough new rules introduced to crack
down on money laundering and the proceeds of crime. The
new rules affect a wide range of people and in this factsheet
we consider how your organisation may be affected.

High Value Dealers
HMRC have been given the responsibility for controlling High
Value Dealers. We outline below the main requirements of
the Regulations and the registration process.

Limited Liability Partnerships
Since 6 April 2001, there is a business vehicle in addition to
companies, traditional partnerships and sole traders. It is now
possible to run your business using what is known as a
Limited Liability Partnership (LLP).

Community Amateur Sports Clubs
Since April 2002, many local amateur sports clubs have been
able to register with HMRC as Community Amateur Sports
Clubs (CASCs) and benefit from a range of tax reliefs
including Gift Aid.