Your October Sayer Vincent Newsletter


Your October Sayer Vincent Newsletter

In our newsletter this month – as COVID-19 lockdown measures start to kick back in, we signpost you to all the latest guidance material. We also feature Charity Fraud Awareness Week and have all the dates for our client webinars…

Click here to view our newsletters and sign up to receive them direct to your inbox each month.

Your September Sayer Vincent Newsletter


Your September Sayer Vincent Newsletter

In our newsletter this month we look back at CAC2020, signpost to on-going work in the sector on COVID-19 and have all the details for our autumn season seminar programme…

Click here to view our newsletters and sign up to receive them direct to your inbox each month.

“New pencil case” for financial leaders


“New pencil case” for financial leaders


As the school bell went for the start of the academic year, memories of new pencil cases and their colourful content might have come back to you. It is certainly one of my abiding memories, along with oversized school uniform intended to last years! I’ve pinched the “pencil case” expression from my friend and fellow course director, Maggie Smith, who used it last week at our Inspiring Financial Leaders Alumni event. More of pencils later…

New blog from SV Partner Judith Miller – click here to read in full





At Sayer Vincent, we want to lend our support to the sector campaign for emergency funding. Last week we made a submission to the Treasury’s call for evidence on the economic impact of COVID-19.

Over the last couple of weeks CFG, ACEVO, NCVO, IoF, NAVCA, Small Charities Coalition and other membership bodies have been asking the government to provide emergency funding that will keep charities alive and enable them to continue to serve their communities.

There has been considerable engagement with minsters and civil servants, and support from MPs, but to date no further support has been forthcoming.

Examples are the most powerful way to demonstrate to government the need & urgency.

This is how you can help the campaign –

    • Write to your MPs
    • Share your stories
      • Share videos talking about your work, use local media, social media using the hashtag #EveryDayCounts and get your stories out there, in particular:
      • what you are doing to support in response to COVID-19 crisis (through existing services and/or additional activity you have taken on)
      • highlight any increases in your activities as a result of the crisis
      • highlight any capacity or financial squeezes where you can
      • tag @dianabarran and thank her for all she is doing to fight for charities
      • tag @rishisunak and highlight the need for financial support
      • tag local media outlets/journalists/mainstream media.

We know that no charity will be unaffected. The sector must focus on delivery, rather than back office financial stress. The country can’t afford to have a sector left so damaged that it cannot respond after this immediate crisis is over and remain acting as such a power for good which is so vital in society.

We will keep updating our website and share guidance through our newsletter throughout this crisis. If you have any questions, you can also contact your audit manager or partner in the usual way, or reach us at

We are #PhysicallyDistant but #VirtuallyConnected

Thank you and stay safe.


COVID-19 Update


COVID-19 Update

Updated 30 March 2020

We have put together a COVID-19 helpsheet to explain and signpost you to important and relevant information.

This includes: –

  • Tax measures
  • Financial support for charities
  • General financial (and other) support
  • Fundraising
  • Accounting and reporting

Click here for the full document – COVID-19 update 30 March 2020

Please check back next week for further updates to our website.

Covid-19 – We’re ready and here for you


Covid-19 – We’re ready and here for you

Here’s how we will be working following the government’s advice to work from home. We are continuing to provide as near as possible to a normal service albeit with a home working team.

Contacting us:

      • You can email or call your audit manager and partner in the usual way. Our switchboard will continue as normal.
      • You can also contact us by email

Delivering your audit and advice services:

      • We have plans in place to continue with audits via remote working
      • All our staff have laptops, and with the Sharefile facility, we will be able to carry out your audit at a distance
      • We’ll get in touch with your finance team re forthcoming audit bookings to put plans in place for how the work can be delivered
      • We can continue to liaise with you through the audit process via phone or video conferencing

Receiving updates:

      • We will keep this part of the website updated
      • We will also announce any significant changes via Twitter (@sayervincent)
      • We will also be developing guidance for our clients and will post these via Twitter

What will Brexit mean for Charities?


What will Brexit mean for Charities?

“Brexit is Civil Society’s opportunity to think differently, assist government to make the transition and for major improvements to fix the cause of Brexit” Sir Stuart Etherington, Chief Executive, NCVO told an audience of charity delegates at a debate jointly hosted by Sayer Vincent and Russell-Cooke Solicitors at London’s Law Society on 6th February.

Sir Stuart was joined for the Question Time style debate by Clare Pelham, Chief Executive, Epilepsy Society, Caron Bradshaw, Chief Executive, Charity Finance Group and Daniel Bruce, Chief Executive, Internews.

The panel was introduced by Jonathan Orchard, Partner, Sayer Vincent and Chaired by Chris Rowse, Partner, Russell-Cooke.

How have charities been affected by Brexit?

The panel said charities have felt the impact of Brexit since the Referendum vote. Issues include funding losses, the falling value of the pound and labour market shortages, particularly in social care. Charities are also anxious about regulatory changes, the loss of research opportunities and the future challenges of attracting international researchers.

For international charities there are other issues. Daniel Bruce said that once Brexit occurs, international development charities will immediately lose their contracts for European funding, but they will still have contracts to honour to serve their beneficiaries. This issue hasn’t been solved by government and it will have a diabolical impact on those that rely on the charities’ support. He also said the solution isn’t for charities to register an office in an EU country like Dublin or The Netherlands. He said having a brass plate office arrangement won’t work.

How has the sector worked with government?

Sir Stuart said Brexit has crowded out the government’s ability to engage in other policies; the country is deeply divided and nothing has been done to fix the issues. He criticised the original guidance from the Charity Commission as being, ‘a dog’s breakfast’. He said a Brexiteer was part of the board and the guidance, which was later challenged, did nothing to help charities.

Caren Bradshaw added that Civil Society has been similarly preoccupied with Brexit and now it was time for charities to go back to their business models, their objects and missions and speak to their beneficiaries about how Brexit is impacting them and act. She added that some charities won’t survive Brexit.

Have charities spoken out enough about Brexit?

Clare Pelham was surprised by how little there was from charities in the media about Brexit since the initial Referendum vote. She said,

“I wish I had said more. I think the sector could have been a bit braver about speaking out. We seem to have moved from despair to complacency and complaining.”

But she added, the sector is risk averse.

Sir Stuart agreed. He said charities have been in a ‘bubble’ and have lost sight of what are beneficiaries have told them on a local level but now there is an opportunity to change that.

What is the role of the sector now to heal the issues?

Claire Pelham highlighted one big opportunity was the fact a leadership vacuum has emerged that the sector can fill. She said:

“The kaleidoscope has changed. On a positive note, Brexit has reminded charities of their duty, what is important and the needs of their beneficiaries and that is a good thing. Charities should be talking to their staff and beneficiaries about how they are impacted and do other practical things such as review their financial strategy and look for new opportunities.”

What are the new opportunities?

Sir Stuart said Brexit offered the sector a real opportunity for change. He said there was an opportunity now to “change how we deliver. The voiceless and disenfranchised have spoken for a reason and let us be their voice.”

The panel agreed that there was a real need now to put politics aside and speak up for beneficiaries. Speaking after the event, Jonathan Orchard of Sayer Vincent said:

“The evening was a great opportunity for staff and trustees from a wide range of charities to share views and experiences on how they are preparing for the potential implications of Brexit. As well as highlighting some of the challenges, it was refreshing to hear about some opportunities for refocussing on mission and new opportunities in fundraising.”


Click here for coverage of the event by Civil Society
Click here to coverage of the event by Third Sector

AccountingWEB Practice Talk with Fleur Holden


AccountingWEB Practice Talk with Fleur Holden

Each week, AccountingWEB speaks with an accountant in practice about their daily routine and life outside the profession. Click here to read a recent interview with newly appointed SV partner Fleur Holden where she talks about charity accounting, flexible working and the email avalanche modern professionals have to cope with.

Fleur Holden is promoted to Partner to further build SV’s presence in the Midlands


Fleur Holden is promoted to Partner to further build SV’s presence in the Midlands

Fleur Holden has been promoted to Partner as we look forward with ambitious growth plans in 2019.

Fleur is the firm’s sixth Partner and is based in the Midlands region. She has been instrumental in growing the Midlands business since September 2014 when she joined as a Director.

Fleur will focus on growing the portfolio of charity clients in the Midlands. She will also work closely with the other Partners overseeing the strategic direction of the business.

During her time at Sayer Vincent, Fleur has grown the client base and expanded her team in the Midlands. She works with a range of small and large charity clients, with the largest having an income of £70 million. Fleur also runs several of Sayer Vincent’s training seminars, including Trustee and Board training.

As a USAID specialist, Fleur will also be helping charities meet the new reporting requirements, following significant changes in the rules and regulations set by the US Government in 2017.

Commenting on her promotion Fleur says:

“I’m really excited to have been made Partner and I’m looking forward to the challenge of expanding our client base throughout the Midlands. Working at Sayer Vincent reflects my own values and ethos and partners and staff work together and support each other to ensure the best outcome for clients.

“We work collaboratively and flexibly with clients and offer a bespoke audit approach to fit their needs. Auditing is a people-orientated activity and we always work on that basis. I’m proud to be continuing my career with Sayer Vincent.”

Jonathan Orchard, Partner at Sayer Vincent says:

“We’re delighted to promote Fleur to Partner. Since joining the team four years ago she has shown commitment, drive and dedication and shares our goals of delivering excellent services and treating clients and staff well. Through her hard work we’re building a great reputation with social purpose organisations in the Midlands. We look forward to helping many more organisations achieve the best financial outcomes and in turn deliver more for their beneficiaries in 2019.”

Fleur is a qualified chartered accountant and Fellow of the Institute of Chartered Accountants in England and Wales, with a practising certificate and authorised to act as a statutory auditor.