Introduction to Reserves for Small Charities

The Small Charity Finance Foundations Programme from Embrace Finance is now bookable as standalone sessions, by popular demand.

These succinct, short sessions are perfect for busy folks in small charities with an annual income up to £500k pa. However, folks from larger charities may also find them a useful refresher.  And whatever your role, if you want to get your head round how the day to day finances fit together in a small charity, you are welcome.

We will introduce the concept of reserves and explore why they are crucial for our financial resilience. We 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. We’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 we'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 to expect:

• 60 minutes of clear content
• Time to connect
• Time for Q and A
• A relaxed environment
• Small charity expertise

What do I get?

• Engaging slide decks
• Example templates
• Worksheets
• A supportive community
• Small charity content

This course is part of a series - for more information about other courses in the programme, visit the Embrace Finance website.