Profit isn't cash. Here's why your bank balance disagrees with your accounts.
Your accounts say you made money, but your bank account says otherwise. Here's the gap between profit and cash, explained without jargon.
Resources
Finance, explained in plain English.
Short explainers on the questions we get asked most. Written for business owners and trustees, not accountants.
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- Tax
Latest articles
Restricted funds, explained for new trustees
If a funder gives your charity money for a specific purpose, it comes with rules. Here's what restricted funds are and why your accounts split them out.
Do I need to register for VAT? A plain-English guide
The VAT threshold, when you have to register, and when it might make sense to register before you have to.
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