Check Your SORP 2026 Reporting Tier — Free Calculator for UK Charities

The Statement of Recommended Practice (SORP) 2026 was published on 31 October 2025 and applies to accounting periods starting on or after 1 January 2026. It replaces the previous SORP with a new three-tier framework that scales reporting requirements to charity size.

Tier 1 covers charities with income under £500,000 — the majority of the 170,000+ registered charities in England and Wales. These charities benefit from simplified reporting: receipts and payments accounts remain acceptable, and the trustees' annual report follows a lighter format. Tier 2 (£500,000 to £1 million) introduces intermediate requirements, while Tier 3 (over £1 million) requires full SORP compliance.

Separately, from 1 October 2026, two key financial thresholds change. The statutory audit threshold rises from £1 million to £1.5 million gross income, and the independent examination threshold rises from £25,000 to £40,000. These changes affect which charities need external review of their accounts, regardless of SORP tier.

If your charity's income is close to a tier boundary, discuss the implications with your independent examiner or accountant before your next financial year end. The tier is determined by income in the relevant accounting period, so it can change from year to year.