Charity Accounting Partners (CAP), founded by ICAEW Chartered Accountant and former KPMG UK public sector auditor Carl Wakeford, is introducing a specialist approach to outsourced finance for charities and not-for-profit organisations.
The business was formed in response to a common challenge: charities delivering significant community impact while operating with finance arrangements that do not offer the clarity or strategic direction required for confident decision-making.
Across the sector, many organisations have experienced financial pressure alongside outsourcing relationships characterised by slow service, limited charity expertise, and reporting that prioritises compliance over practical insight. CAP has been developed to address these concerns.
“Our charity sector deserves better,” said Carl Wakeford, Founder of Charity Accounting Partners. “Finance should empower trustees and leadership teams to make confident decisions, manage risk, and deliver greater impact – not create confusion or stress. CAP was built to become the strategic finance partner charities have been missing.”
The firm works exclusively with charities across the UK and does not serve commercial clients. It combines sector knowledge with modern technology, structured internal training, and tools built around charity governance, SORP requirements, and fund accounting practices.
CAP’s delivery model integrates day-to-day accounting, financial control, and forward-looking advisory into a single service, helping organisations improve oversight, strengthen governance, and plan for the future.
Key features include:
• Dedicated charity expertise aligned with UK regulatory standards
• Professionally trained specialists supported by continuous development
• Technology-driven systems and proprietary tools that enhance insight
• Strategic financial guidance focused on long-term organisational impact
As financial pressures increase and regulatory expectations evolve, trustees and leadership teams are looking for advisers with a clear understanding of the sector. CAP positions itself as a partner that combines technical rigour with a collaborative, mission-focused ethos.
By embedding finance within strategic planning, the firm seeks to help charities operate with greater confidence and deliver sustained social value.
“Our goal is simple,” Wakeford added. “When finance works properly, charities thrive. And when charities thrive, society benefits.”
About Charity Accounting Partners
Charity Accounting Partners is a UK specialist outsourced accounting and financial advisory firm serving charities and not-for-profit organisations. Founded by Carl Wakeford, an ICAEW Chartered Accountant and former KPMG public sector auditor, CAP provides bookkeeping, management accounts, financial control, governance support, and strategic advisory services designed exclusively for the charity sector.
