Helping you prosper
What we covered
This practical webinar focused on how the new lease accounting requirements will work in practice and what charities should be doing now to prepare for the 2026 reporting cycle.
Led by Tracey Moore, Partner and National Head of Charities and Not-for-Profit at UHY, the session explored:
- The move away from operating leases and what this means for existing arrangements
- How right-of-use assets and lease liabilities are recognised and measured
- Which leases may qualify for recognition exemptions and how to apply them
- How to account for social donation leases where rent is below market value
- The potential impact on reserves, balance sheets and wider financial metrics
- Practical steps charities can take now to identify leases, gather data and prepare for transition
Throughout the session, the focus was on translating the technical requirements of SORP 2026 into clear, practical actions for finance teams and trustees.
Next steps
This webinar forms part of our Helping you prosper: the SORP 2026 webinar series, a five-part programme designed to help trustees, finance teams and charity leaders prepare for the most wide-ranging changes to charity accounting and reporting in years.
The series provides short, practical guidance on the key areas of change under SORP 2026, including Trustees’ Annual Report requirements, income recognition, lease accounting and related party disclosures, followed by a panel discussion bringing these themes together. Each session focuses on what is changing, why it matters and how charities can prepare ahead of the 2026 reporting cycle.
Lease accounting | SORP 2026 Explained
