Finance Academy: Introduction to reserves for small charities

Embrace Finance will introduce the concept of reserves and explore why they are crucial for our financial resilience. Embrace Finance will cover what is required of us by the Charity Commission, how to calculate what we actually have, how to determine how much we need and what a good policy looks like. They’ll also discuss why reserves are essential for financial stability and what to do when building reserves is a challenge. This session is perfect for leaders looking to build longer term financial resilience.

What you'll cover

• How to calculate and set a target amount for your charity’s reserves
• How to write a clear and effective reserves policy for your organization
• Why reserves are key to charity resilience and what to do when you can’t build them
• Top tips and common pitfalls to avoid
  

‍What you will receive:

• Clear practical guidance tailored to small charities
• Real-world examples & tools to apply immediately
• A supportive environment to ask questions
  

Who these sessions are aimed at:

These sessions are aimed at anyone needing to know about small charity finance. All are welcome; trustees, chief officers, finance officers and everyone dealing with finance. No prior knowlegde of finance is required. Perfect for small charities :)