Kreston Global UK Charities Report 2024

The 2024 Kreston Global UK Charities Report has been released.

This report, produced by Kreston Global UK surveyed over 80 UK charities, explores the challenges currently affecting the third sector and how charities plan to deal with relevant issues such as cyber security, diversity and the climate crisis.

The report showed a number of highlights and concerns for the sector, including:

• Almost of half of charities believe their financial outlook is positive for 2024.
• 81% of charities reported an increase in wages and overall costs in the survey.
• Most charities are finding it difficult to find volunteer support.
• Charities see reduced funding as the biggest emerging risk in 2024.

You can download the Kreston Global UK Charities Report 2024 here.

The “not for profit” sector has a significant place in today’s economy. We understand the complex issues faced by charitable organisations. We also understand the importance of the right advice at the right time. It is essential to keep up to date with changes, notably the taxation regime via the annual Budget legislation. There is also the Charities Act and Charity Commission announcements. Our role is that of a coordinator, we aim to gather all relevant information and use it to provide you first class advice, support and guidance, to assist you effectively and efficiently.

We work with many clients in the “not for profit” sector. They range from small local charities through to regional and then to national entities. Operating in the region for over 40 years, we have a vast amount of experience obtained over this time so we can really give advice based on both knowledge and experience.

Should you require any further advice on any issues discussed in the report, you can contact our team here. 

If you would like to find out more about the survey and the issues facing the sector, you can sign up to our upcoming webinar by contacting us here.