The Charity Commission is reminding trustees, accountants and auditors in England and Wales that the accounting requirements for charities are changing for financial years starting on or after 1 January 2026.

The regulator has refreshed the guidance for the Charity SORP 2026 to reflect higher thresholds, and new income and lease reporting requirements. It strongly advises trustees, accountants and auditors to ensure they are up to speed with the changes, which are significant due to wider accounting changes to UK GAAP filtering across to charities.

This year there are three guides depending on the charities size by income, which is part of efforts to simplify the guidance.