Industry

Charity

Non-profit and voluntary sector organisations, including registered charities, foundations, community interest companies and social enterprises.

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Published 14/04/2026

Asset Governance in Charity

Charities and not-for-profit organisations are trusted with donor funds and public resources, making transparent asset governance essential for governance compliance, trustee accountability, and funder reporting. Assets ranging from vehicles and IT to specialist equipment used in programmes must be tracked to satisfy Charity Commission requirements and to demonstrate responsible stewardship. Many charities are unaware of the total value of assets in their possession.

Example Assets

Asset	Approx. Value	Ownership	Location	Insurance Consideration
Minibuses & Vehicles	£10,000–£60,000	Operations Manager / Trustees	Multiple service locations	Fleet or voluntary sector policy – drivers and locations often change
IT Equipment & AV Systems	£300–£5,000 per item	IT Lead / Office Manager	Head office, outreach centres, remote staff	Business IT cover – donated items often missing from register
Medical / Therapeutic Equipment	£500–£50,000	Programme Manager	Community sites, mobile units	Specialist cover – certification and service records critical
Catering & Event Equipment	£1,000–£20,000	Fundraising / Operations	HQ or in storage	Contents or events cover – utilisation rarely tracked
Office Furniture & Accommodation Assets	£200–£5,000 per item	Office Manager	Multiple offices and residential schemes	Contents – often donated and never formally registered

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