Finance

Get in financial shape for 2025: insights to navigate challenges and drive success

2024 has been a year of trials and triumphs for charity CFOs, who have been trying to maintain control of their organisation’s financial health despite rising costs, inflation and challenging fundraising targets.

On top of economic uncertainty, finance leaders across a wide range of industries including the charity sector, say they haven’t had the necessary tools for the job, with 86% of them acknowledging that “decisions are often made without sufficient data or insight”. That’s according to a recent report from Accounts IQ.

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Understanding and Preventing Illegal Money Lending in Greater Manchester

Join the Greater Manchester Combined Authority (GMCA) at the Mechanics Institute for an insightful event focused on tackling illegal money lending in Greater Manchester. This session aimed at Frontline Workers will focus on the dangers of Loan Sharks, how to identify their victims and how to protect the communities you work with from falling victim to their schemes. This in-person event will feature expert speakers and interactive workshops to help you understand the impact of illegal money lending and how to prevent it.

The event will will include input from:

Mechanics Institute, 103 Princess Street, Manchester, M1 6DD

How the voluntary sector can navigate local government financial difficulty

Financial difficulties within many local authorities, sometimes leading to the issuing of a section 114 notice (s114), are affecting voluntary sector organisations and communities across the country. Lloyds Bank Foundation for England and Wales and NAVCA have recently published research into the impact of local government financial difficulty on local voluntary sector organisations.

The research provides recommendations for the voluntary sector for navigating these circumstances, as well as policy recommendations for local and central government.

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Building financial sustainability for your charity

Many of the charity sector’s biggest challenges come down to concerns around income. Having been through a pandemic, a recession, and an ongoing cost-of-living crisis in recent years, charity income has been uncertain and unsteady, making it difficult for charities to plan ahead and continue delivering the services their communities need.

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