Helping you prosper
What we covered
The session focused on what the refreshed reporting requirements mean in practice for charities of all sizes, with clear guidance on what changes across the three new tiers and how to prepare ahead of the 2026 reporting cycle.
Led by Harriet Hodgson‑Grove, Audit Partner & Head of Sustainable Business Services at UHY London, the webinar walked through:
- The new three‑tier framework: How income thresholds shape your reporting requirements, and what’s mandatory for each tier.
- What every charity must now include: Clearer objectives, outcomes and impact; volunteer contributions; future plans; enhanced reserves disclosures; and stronger links between the narrative report and financial statements.
- Impact reporting - what “good” looks like: How to move from describing activity to evidencing change, using outputs, outcomes and longer‑term impact.
- Additional expectations for tier 2 and tier 3 charities Including expanded risk disclosures, fundraising reporting, investment policies and society‑level impact.
- ESG and sustainability requirements: What tier 3 charities must now report and why lower‑tier charities should start preparing too.
- Practical steps to get ready: A simple roadmap for reviewing your current report, identifying gaps and building the data and narrative you’ll need for 2026.
Next steps
If you’d like support with reviewing your current Trustees’ Annual Report, preparing an impact framework, or understanding what the new tiered requirements mean for your charity, we’re always happy to help.
Understanding the New Trustees’ Annual Report Requirements | SORP 2026 Explained
