Which charities are eligible for Independent Examination?

Charities eligible

- Registered charities
- Excepted charities (often churches or scout or guide organisations)
- Many charities which are also registered as companies became eligible for IE for year-ends from 31 March 2009 onwards
- Charities whose governing documents/constitutions do not specify an ‘audit’
- Charities where there is not a donor or funder who requires an ‘audit’
- Charities that are ‘smaller’:

In England and Wales

Charities with (a) annual income not exceeding £1,000,000; and (b) gross assets not exceeding £3,260,000, must have an independent examination (unless an audit is required for some other reason).

Note: Charities with an income not exceeding £25,000 are not required by law to have an Independent Examination, but may elect to do so. 

Download our thresholds charts for England & Wales



In Scotland

Charities with (a) annual income of less than £500,000; and (b) gross assets not exceeding £3,260,000 must have an Independent Examination (unless an audit is required for some other reason).

Download our thresholds charts for Scotland


In Northern Ireland

For accounting periods beginning on or after 1st January 2016, charities with an annual income of less than £500,000 must have an independent Examination, unless an audit is required by the governing document, another enactment, a funder, or for any other reason.

Charity Accounting and Finance Guidance for Northern Ireland


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