Single VT Templates for Company Charities (periods commencing after 31/12/15)

THIS PRODUCT MUST NOT BE USED FOR ACCOUNTING PERIODS COMMENCING ON OR AFTER 1ST JANUARY 2019 (in most cases this will mean it cannot be used for accounting periods ending 31st December 2019 or thereafter) - see the new updated SORP Edition 2 templates

Single charity templates are NOT available in formats for large charities, as defined in the SORP. For such charities, which have income in excess of £500,000, you should purchase one of the bundles. Click to go to bundles

Single Charity templates for the FRS102 SORP (modified in 2016):-

FRS 102 SORP 15 (as modified in 2016) single charity templates for for company charities that have income less than £500,000 (ie defined as small in the SORPs. Single charity templates are NOT available in \'large\' formats, as defined in the SORP. For such charities, which are subject to statutory audit, you should purchase one of the bundles. Click to go to bundles

The bundles which are shown on separate product pages are licensed to prepare an unlimited number of accounts for an unlimited number of charities within the license year.Templates for large charities are NOT available as single templates.

By contrast :-

The single charity templates in this category are licensed ONLY for one charity on ONE computer for one year from the date of purchase., and must NOT be used for additional charities without breaching the licence conditions. This restriction is reflected in the pricing structure for the templates.

Content of the templates

The templates in this category are identical to the bundled templates, except they are restricted in their application to company registered under statute or by Royal Charter, and have been tailored accordingly. This means that a number of steps in the STEPs process have been suppressed and do not apply, making the process a little shorter.

The single charity templates are also restricted in that they apply to the particular jurisdiction indicated (ie England & Wales, Scotland or Northern Ireland).

The templates have security routines built into them that may produce unpredictable and unsatisfactory results, if used for more than one charity, outside the terms of the licence.

Application

To use these products, users must have the VT Accounts Production Software add on to Excel installed on their computer. Excel must be Excel 2003 or higher, but not in the 64 bit edition. Any Windows operating system from Windows XP or above will be suitable.

These templates are used to prepare a FRS102 SORP 15 (as modified in 2016) compliant set of accounts. They work in conjunction with VT Software, and require a good working knowledge of Excel and VT Accounts Production software.

The templates normally apply for accounting periods commencing on or after 1st January 2016.

The templates cannot be used after one year, unless a renewal licence fee is paid.

If you want to use the templates on more than one computer, then significant discounts are available for additional licences, and you should contact Sorpaid for details.

Video Help

The templates have extensive video files showing how they are installed and how they should be used. These can be viewed before purchase by clicking on the link Video Help

Testimonial

An unsolicited testimonial received on 5th January 2015 :-

I really do think that the template is brilliant and even essential for proper charity accounts preparation.

The 2018 updates include:-

· New UK wide audit reports to accomodate revised audit reportsr equired by revised auditing standards for accounting periods commencing after 16th June 2016.

· New England & Wales examination reports to meet the requirements for all examinations signed off after 30th November 2017

· New fund accounting policy to bring into line with up to date practice

· Altered error checking to cope with accounts to the nearest hundred or thousand of £s

· More optional example texts included in notes

· Improved and refined error testing

· Improved and refined autohiding

· Removed minor bugs and gremlins and textual ambiguities that have been reported by users

· Minor alterations to disclosures to accord with good practice

· Major re-write of the help and support file to reflect recent legislative etc changes and clarify points or questions raised by users

· Improved on screen instructions to assist with data entry

* Taken on board improvement suggestions from users

· Minor textual changes in the notes and TAR