We are a firm of Chartered Accountants and Registered Auditors offering accountancy services primarily to those within the not-for-profit and co-operative sector. We work with co-operatives, community interest companies, community benefit societies, and charities throughout the UK.
Vision
We are a value-driven organisation, and our primary purpose is to support and encourage positive social change by providing quality financial services. We started in 2017 as a group of friends determined to help make the world a better place by using our expertise to provide top quality financial services to social change organisations.
You can read more about our vision and how we aim to achieve it here:
https://www.thirdsectoraccountancy.coop/our-vision.
Legal Structure
Third Sector Accountancy Limited is a private company, limited by guarantee, incorporated in England & Wales, registered number 10581248. The registered office is Holyoake House, Hanover Street, Manchester, M60 0AS.
Governance: Worker's Co-operative
The Company is organised as a workers co-operative and, in accordance with the co-operative principle of democratic member control, each member worker has one vote at general meetings. Only employees may be admitted to membership of the co-operative, subject to various qualifying conditions. The Company notes that, in substance, all employees attend monthly meetings and have an equal say in the running of the co-operative.
This means that all staff are highly motivated, interested in the sector and in their clients, and take ownership of their work. We believe that being a co-operative leads to a better outcome for us and for our clients.
We use the system of sociocracy to best function as an effective and efficient co-operative.
Sociocracy offers a decision making and governance model in line with the ethos of the cooperative identity, which honours and centres the human individual within the organisation. As values-based and principle-driven socio-economic organisations, co-ops benefit from an operating system that has a coherence and a synergy with the Cooperative Identity. Sociocracy is an approach to decision making and organisational structuring that is quick and easy for a co-op or start-up group to start using.
Sociocracy combines consent decision-making, a decentralised system of authority and intentional processes to improve our decisions and processes over time into a governance system that supports effective and efficient process while increasing connection, listening and co-creation among members.