Guidance in this section covers acquiring, leasing and disposing of property, and managing other assets including vehicles, IT equipment, land and intellectual property.

Voluntary organisations hold two main classes of asset: fixed assets and current assets.

Fixed assets include tangible fixed assets - the buildings and equipment owned by organisations to enable them to fulfil their mission, and investment assets, such as shareholdings or investment property, which organisations hold to generate income.

Current assets consist primarily of cash at the bank, stocks of unsold goods, and monies owed to organisations.

Asset

 

 

 

 

 

 

 

 

Fixed assets can represent a large amount of funding so it is vital that there are controls in place to ensure they are used properly and for the purposes of the organisation.

Information sheets

Buildings
Running buildings
Land
Information Technology
Vehicles
Intellectual property