updated guidance to reflect new accounting and reporting requirements for charities in England and Wales. Key changes include:

A new Charities Statement of Recommended Practice (SORP 2026) for financial years starting on or after January 2026.

Higher income thresholds for preparing accruals accounts, independent examinations and audits for financial years ending on or after 30 September 2026.

Updated guidance is available for different charity structures, helping you understand what the changes means for your charity. Please read the updated guidance before you prepare your 2026 accounts.