Finance toolkit for co‑ops

Type: Practical guides  |  Topic: Finance  |  Format: Information sheet
Updated: 02/07/2019

A comprehensive toolkit of finance resources for co-ops

Co-operatives UK is pleased to add the finance toolkit to its range of advice resources for co-operatives. Written in partnership with Third Sector Accountancy Limited, this toolkit will be a valuable resource for any co-operative and their advisors struggling to understand their accounting and financial reporting requirements under the Co-operatives and Community Benefit Societies Act 2014 and the financial reporting regime.

The toolkit also provides guidance on those knotty issues around corporation tax, VAT and mutual trading status and if you are a co-op just getting started there is handy checklist of items that you need to think about in order to set you on the correct compliance path.

Members of Co-operatives UK can access support with understanding the financial and reporting requirements for their co-operative through our contact package. Contact us for advice.

The toolkit includes the following guides:

  • Society Audit Requirements
  • Co-operative Treasurer Role Portrait
  • Corporation tax
  • Finance checklist
  • Mutual trading
  • Financial reporting for co-operatives
  • VAT
  • Template accounts 
  • Special case
  • PAYE