Gravita charity bulletin – Q3 2026

The Gravita charity bulletin brings together the latest developments and practical insights for charities. In this edition, we focus on the 2026 Charities SORP, one of the most significant changes to charity reporting in recent years.

Effective for accounting periods beginning on or after 1st January 2026, the new SORP introduces enhanced Trustees’ Annual Report disclosures, updated lease accounting requirements and a revised revenue recognition model for exchange transactions.

Our specialists guide you through these key changes.David McGeeneyprovides an overview of the 2026 Charities SORP,Katherine Wilkesexplains why the new lease accounting requirements are proving so challenging for charities andDougal Howard explores the changes to income recognition. Together, their insights highlight the practical implications of the new reporting framework and the steps charities can take now to prepare for a smooth transition.

What’s inside:

• An update on the 2026 Charity SORP
• Income recognition changes under SORP2026
• Why is the new lease accounting forcharities so tricky?

You can read our charity bulletin here.

How we can help:

If anything you’ve read in this bulletin raises questions, or you’d like to understand what the new Charities SORP means for your organisation, we’d be delighted to help. Get in touch with one of ourcharity specialists to discuss your specific circumstances.