Charity SORP 2026: Helping charities get it right

The Charity SORP 2026 brings important changes to how charities recognise income, account for leases and explain their financial performance, activities and impact.

In this podcast series, our host Giles Kerkham invites our charity specialists to cut through the technical detail to explore what the new SORP means in practice for trustees, finance teams and charity leaders.

Across the series, we look at the areas likely to have the greatest practical impact - from the new approach to income and revenue recognition and significant changes to lease accounting, to the enhanced reporting requirements facing larger charities.

Using practical examples, we explain what is changing, where charities may need to exercise judgement, how the changes could affect the accounts and trustees’ annual report, and the steps organisations can take now to prepare.

The message throughout is simple: there is no need to panic, but preparation matters. Understanding your income streams, getting to grips with lease arrangements, reviewing the story your annual report tells and discussing key judgements early can all help make the transition to SORP 2026 smoother.

Whether you are a trustee, finance professional or senior leader, this series will help you understand the changes, identify the areas that matter to your charity and approach SORP 2026 with greater confidence.

Guest presenters include Senior Manager Emma Hayward talking about large charities, Manager Lee Robinson covering small charities, Partner James Nichols discussing leases, and Director Chris Yeates explaining revenue streams.

All episodes of this mini-series are now live – visit larking-gowen.co.uk/LGI or search Larking Gowen Insights wherever you get your podcasts.