Specialist Service · Community Organisations

Accounting Built for
CASCs & CICs

Most accountants treat your club like a small business. We understand that your income streams, tax status, and compliance obligations are fundamentally different — and the consequences of getting it wrong are serious.

IAB Regulated · Authorised UK Accountant
Why we’re different

The Treasurer’s Perspective

Our principal accountant serves as an active club treasurer. We don’t just understand the theory — we manage the reality of chasing member subscriptions, reconciling bar takings, and filing annual returns.

“I know exactly where clubs lose money through misclassification, because I’ve had to catch those errors myself.”
80%Mandatory rates relief for CASCs
25%Gift Aid boost on qualifying donations
£0Tax on qualifying interest & subs
1Annual CIC34 report to the Regulator
The real stakes

Where Clubs Get Caught Out

General accountants often miss the nuances of community club income. These are not minor technicalities — they can cost you tax exemptions, rates relief, and regulatory standing.

CASC: The Non-Member Trading Trap

Income from non-members — bar sales to guests, venue hire, non-member event fees — is generally taxable. If it grows beyond HMRC thresholds it does not just create a tax bill; it can threaten your CASC registration entirely, stripping away your 80% rates relief and Gift Aid eligibility in one go.

CIC: The Asset Lock & CIC34 Risk

Your CIC34 Community Interest Statement defines exactly what community benefit your organisation provides. If your activities drift from that definition — even gradually — you risk a regulatory intervention. Many CICs also unknowingly breach their Asset Lock by failing to ring-fence funds correctly.

Real-world scenario
A cricket club earns £8,400 from non-member bar sales and a summer fete open to the public

Without proper classification this appears as general club income. With correct accounting it is separated as taxable non-member trading — potentially triggering a Corporation Tax liability and prompting a review of the club’s CASC status. We set up income-stream segregation from day one so there are no year-end surprises.


Structure matters

CASC vs CIC at a Glance

Understanding which structure fits your organisation is the first step. If you’re unsure, we can advise on which best suits your setup.

Feature CASCAmateur Sports Clubs CICSocial Enterprises
Corporation Tax on subs & interest Exempt (qualifying income) Generally taxable
Gift Aid on donations Available Not available
Business Rates Relief 80% mandatory Discretionary (varies by council)
Who can use it Amateur sports clubs only Any community purpose
Asset Lock Funds must serve amateur sport Defined in CIC34 filing
Annual regulatory filing HMRC registration maintained CIC34 to Companies House
Non-member trading income Generally taxable — monitor carefully Subject to Corporation Tax

Don’t leave money behind

Maximising Gift Aid for CASCs

A club with 60 members each donating £100 annually can reclaim over £1,500 in Gift Aid — money that belongs to the club but is only accessible with the right processes in place.

Gift Aid requires proper donor declarations, accurate record-keeping, and timely HMRC claims. Most clubs either don’t claim at all or claim incorrectly. We set up a compliant process that runs automatically alongside your membership system.

What we set up for you

A System That Runs Year-Round

Income stream separationMember vs. non-member revenue automatically classified and tracked.
Subscription tracking & arrears visibilityReal-time view of who has paid — no more year-end reconstruction.
Gift Aid claim managementDonor declarations, record-keeping, and HMRC submissions handled.
CIC34 annual report preparationWe draft the Community Interest Report from your financial data.
Non-member trading monitoringAlerts if non-member income approaches risk thresholds.
Annual accounts & Corporation Tax returnsFiled accurately and on time, every year.

Common questions

Frequently Asked Questions

CASCs are exempt from Corporation Tax on bank interest and certain levels of trading and property income, provided profits are applied for qualifying sporting purposes and HMRC’s participation rules are met. However, trading income derived from non-members is generally taxable and must be tracked separately.
Yes. Registered CASCs can reclaim Gift Aid at 25p for every £1 donated by a UK taxpayer. This requires proper donor declarations and HMRC registration. CICs cannot claim Gift Aid — which is one reason some sports-focused social enterprises opt for CASC status instead.
The CIC34 is the annual Community Interest Report that CICs must file alongside their accounts at Companies House. It demonstrates the company is still delivering community benefit and explains stakeholder engagement. It is due at the same time as your annual accounts — typically 9 months after the financial year end.
Non-member trading income above HMRC’s thresholds becomes taxable. More seriously, if this income becomes a significant part of club activity, HMRC may question whether the club still meets the CASC participation and purpose tests. Losing CASC status means losing 80% business rates relief and Gift Aid eligibility simultaneously.
Yes. We can assess whether your club meets HMRC’s conditions and manage the registration process. Many amateur clubs miss out on years of tax relief and Gift Aid simply because they have not formally registered. We will also review your income structure to identify any changes needed before applying.
Get started

Book a Free Club Compliance Review

A 30-minute call to identify your tax exposure, confirm your income classification, and make sure you’re claiming everything you’re entitled to.

IAB regulated · No obligation · Fixed-fee pricing