Is Your Charity Financially Prepared?

Good financial forecasting can help charities identify financial problems early and take action before they become serious.

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A new Charity Sector Risk Assessment 2026 from the Charity Commission has identified financial resilience as one of the key challenges facing charities across England and Wales. While the sector continues to achieve significant impact, many organisations are navigating rising costs, growing demand for services and ongoing funding pressures. Trustees are being encouraged to review their financial position and ensure they are planning effectively for the future. 

For voluntary and community organisations in Greenwich, this is a timely reminder of the importance of maintaining strong financial foundations. Taking some simple steps now can help your organisation be better prepared for future challenges:

  • Review your reserves policy and current reserve levels.
  • Regularly update budgets and cashflow forecasts.
  • Explore opportunities to diversify income sources.
  • Ensure trustees receive clear, timely financial information to support decision-making.

Find out more here.