07/2019 - UK - Mercia Charities 16.0

In July 2019 we released an update to the Mercia Charities SAM Version 16.0.

Financial Reporting Changes

Revised Accounting Standards - FRS 102 and Update Bulletin 2

A new accounts disclosure checklist and a new set of pro forma accounts have been included for SORP 2015 (FRS 102) for accounting periods beginning on or after 1 January 2019.

Amendments have been made to the existing accounts disclosure checklist for SORP 2015 (FRS 102) charities clarifying its use for periods beginning before 1 January 2019.


Regulators published Update Bulletin 2: Amendments to Accounting and Reporting by Charities to update the Charities SORP (FRS 102) published in July 2014 for the FRS 102 Triennial amendments

The new SORP 2015 (FRS 102) disclosure checklist and proforma accounts for periods commencing on or after 1 January 2019 also incorporates:

  • the reporting requirements on executive pay and how directors are having regard to the matters in section 172(1) (a) to (f) of the Companies Act 2006.
  • new reporting requirements for large charitable companies to annually report on emissions, energy consumption and energy efficiency action

Office of Scottish Charity Regulator (OSCR) Independent Examination: A Guide for Independent Examiners and A Guide to Charity Accounts

Best practice amendments have been made to the independent examination work programmes.

Mercia's What's Changed Documentation

For more details on the details of these changes, please download the Mercia What's Changed documents below.

If you have any technical queries relating to these updates, we recommend that you contact Mercia to discuss your queries. 

If you need assistance updating your files with the latest content, please feel free to contact the MyWorkpapers support desk.


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