Under the SORP, do you have to disclose fees received by a
trustee for a professional service even if you have a
charging clause in the Governing Document?

Answer Posted / guest

Normally Yes. Remuneration for acting as a trustee is
always considered material to the accounts and should
therefore be shown in a note to the accounts. It is
advisable for the note to the accounts to explain the
charging clause. If a trustee has received payment for a
professional service which the charity would have purchased
as part of its normal operations, disclosure is only
required where it is material but is advisable in all
cases.

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