Charity Trustee Report requirement under the new Charities SORP (2026)

There is now a three-tier framework in place for charity trustee reports, meaning there are different requirements based on the charity’s gross income.

The Charities Statement of Recommended Practice (SORP) 2026, effective for accounting periods beginning on or after 1 January 2026, brings significant updates to how charities prepare their trustees’ annual reports. These changes aim to enhance transparency, improve proportionality based on charity size, and ensure that financial reporting better serves the needs of donors, regulators, and the public.

The trustees’ annual report is a vital narrative document that complements the financial statements. It provides context, insight, and accountability by explaining the charity’s activities, achievements, governance, and use of resources. Under the new SORP, the report must be tailored according to the charity’s income level, with a three-tier framework now in place.

The complete Charities SORP 2026, including module-by-module changes and implementation guidance, is available at the official SORP website.

Click here to view the table which uses the requirements as worded in the SORP but condensed into a table to help identify the requirements for each tier:

Charities are encouraged to review the new requirements early and begin preparing for the transition. Trustees, finance teams, and auditors should work together to ensure compliance and uphold the principles of transparency and stewardship that underpin charitable work.

If you would like any further advice on ensuring your Trustees’ Report is compliant with the Charities SORP (2026), please get in touch with a member of our specialist team or speak to your usual adviser.