Charities SORP

Application guidance for charity accounting

Invitation To Comment

CALL FOR COMMENTS ON AMENDMENTS TO THE CHARITIES SORP FOLLOWING THE FINANCIAL REPORTING COUNCIL’S REVISIONS TO FRS 102 – UK AND IRELAND ACCOUNTING STANDARDS AND A WIDER SORP REVIEW AND UPDATE

Deadline for completion of this Invitation to Comment: Midday, Friday 20th June 2025

Key Facts

Subject of consultation: The Exposure Draft Statement of Recommended Practice 2026: Accounting and Reporting by Charities (the Exposure Draft SORP).
Scope of this Consultation: The Exposure Draft SORP sets out proposals for accounting and reporting by charities in the context of the updated FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) for financial years beginning on or after 1 January 2026.
Who should read this consultation: Preparers, auditors and examiners of charity accounts, trustees, employees and beneficiaries of charities and others who may use charity accounts including donors, funders, financial supporters and other stakeholders.
Period of consultation: The consultation runs for 12 weeks from 28 March to 20 June 2025.
How to respond to consultation: By using the survey available below. Consultation responses will be published in accordance with the FRC policy unless confidentiality is requested. Please refer to the data privacy statement.
Additional ways to be involved: It is likely that SORP Consultation events will be held by sector and professional bodies as well as a number of free events held by accountancy firms.
Getting to this stage and previous engagement: The proposals contained in this Exposure Draft have been developed by the SORP-making body with advice received from a sector-based expert SORP Committee. The SORP Committee’s work has been informed by a substantial engagement process that commenced in 2020.
After the consultation: A summary of the consultation responses will be published in Summer 2025. The consultation responses will inform the finalisation of SORP 2026 with a view to publishing the final SORP by Autumn 2025.

Consultation

Complete the Survey

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Download Exposure Draft SORP 2026

Download full ‘Invitation to comment’ which includes a list of questions in the consultation

Download Summary of key changes to SORP modules

Choose your Exposure draft SORP modules

Final SORP documents will be published in an accessible format in 2025. If you require exposure draft documents in a specific format, or require any assistance responding to the consultation, including how you can respond outside of the survey, please contact sorpsiteenquiries@charitycommission.gov.uk.

Privacy

The data collected through this invitation to comment process will be processed by the SORP-making body and its external public consultation contractor. By submitting a response, you consent to the SORP-making body processing your data for the purposes of supporting the development of the SORP 2026 and adopting key changes from FRS 102 for use in the UK and Ireland. We will process your personal data in accordance with applicable UK data protection laws.

The SORP-making body will share outcomes of the consultation responses with the contracted consultation analysis partner for a period of 12 months to analyse the impact of the changes across the sector. Copies of all consultation responses will be shared with the Financial Reporting Council. All responses to this consultation will be retained securely by the SMB for a minimum of six years, and no more than twenty years.

Unless specified all consultation responses will be published on the SORP website in full within a reasonable timeframe.

If you wish to exercise any of your rights to your personal data being processed for this consultation, please contact us at sorpsiteenquiries@charitycommission.gov.uk.