| How should we set out our trustees report? |
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We are a service providing charity – we run a school - and gather that the rules under new SORP require us to set out our trustees report in a new way. How should we do this and will it help us to explain the real public benefit we provide in the course of our work?AnswerThere is some new guidance from the corporate sector on how trustees should present their report which should help to address public benefit issues. What are we trying to measure? Outputs – the activities, services and products provided to users. They show the volume of work undertaken, representing the direct products of the charity arising from its activities. Outcomes – the changes, benefits, learning or other effects that happen as a result of the charity’s services or activities. Impact – the broad, longer-term effects of the charity’s work. What difference does the charity make?
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