SORP 2026
SORP background
In 2025, the Charities SORP was updated following public consultation and approval by the Financial Reporting Council (FRC). CFG submitted its response to the SORP consultation in June 2025.
During the consultation phase
- Invited feedback during the consultation phase that has been collated and used to shape CFG’s response to the consultation. You can read our response here.
- Engaged with charities, partners and other interested parties and experts through a series of consultation meetings and roundtables, convened by CFG.
- Engaged with stakeholders through their own events and meetings, to share CFG’s insights and updates.
Thank you if you took part in our survey and/or attended one of our SORP consultation sessions. Your participation shaped CFG’s response to the consultation and has given us valuable insights into your views on the Exposure Draft.
The new SORP came into effect from 1 January 2026.
The SORP-making body (consisting of the charity regulators of the UK and Republic of Ireland) is leading the development. Below is the published timeline:
- March 2025: public consultation will open and will run for 12 weeks.
- June-July 2025: consultation responses will be reviewed and the SORP will be updated as necessary.
- August to September 2025: FRC to approve the final version.
- October 2025: Final version to be published.
- 1 January 2026: Third edition of the SORP comes into effect.
More information can be found on the SORP-making body’s website.
Summer 2025: Talking about... the new Charities SORP (part 1)
CFG's Head of Policy, Richard Sagar, welcomes guests Carol Rudge from HW Fisher and Debra Allcock-Tyler from DSC to share their thoughts on the new Exposure Draft of the Charity SORP. With the SORP about to get an overhaul, this is the charity sector's chance to shape the Statement of Recommended Practice. Both Carol and Debra share their views on what could change, and how charities can prepare for the final version.
Stay up to date on SORP 2026
SORP FAQs: what you need to know, part one
RSM recently held a webinar, alongside CFG’s Head of Policy, Richard Sagar, covering changes in the new SORP. As you might imagine, there were lots of questions from attendees about what the new SORP means in practice, from income recognition and tiered reporting to new requirements about leases. This two-part article includes RSM’s detailed responses to those questions, and offers practical insight to help your organisation get ready for the changes.
Why charity trustees need more than management accounts
For Trustees' Week 2026, RSM's Gemma Floodgate highlights how charity trustees can be helped to make better decisions.
The silent auction ‘scam’, and how to avoid it
Charity auctioneer and event host Kevin Durham explains how some charity auctions work, and shares advice on what to think about and ask before signing up a third-party auction company.
Infrastructure needs rethinking, not rescuing, and its leaders need to lead the change
Four infrastructure bodies are proposing an independent review of voluntary sector infrastructure in England, led by an independent chair. A Commission in which the voices of infrastructure bodies must be heard, certainly, but that proactively seeks out the views of key stakeholders, from small volunteer led community groups to the biggest charities in the country, from government nationally and locally, and of course from funders.