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“We’ve got money in the bank, so why are you saying we’re tight?”
This episode tackles one of the most common (and costly) misunderstandings in charity finance: confusing cash with surplus.
In calm, plain English, Aishat explains why these two numbers often tell very different stories; and how mixing them up can lead boards into false reassurance, unnecessary panic, or poor strategic decisions.
This is an essential listen for trustees, CEOs, and senior leaders who want to understand the numbers without fear, jargon, or judgement.
KEY TAKEAWAY
Cash is timing. Surplus is performance. They are connected, but they are not the same.
Understanding the difference helps boards move from fear to clarity, and from reactive decisions to confident governance.
BEST MOMENTS
“Cash answers one question: what can we physically pay today?”
“Surplus tells you whether you lived within your means — not how much money you have.”
“Cash feels real. Surplus feels abstract. That’s why boards mix them up.”
“This isn’t a performance problem — it’s a cashflow issue.”
“Financial clarity isn’t about control. It’s about confidence.”
ABOUT YOUR HOST
Aishat operates her own bookkeeping and accounting services practice –BAnC Services – which focuses primarily on serving non-profits. Before founding her practice, she dedicated over two decades to the non-profit sector.
With her podcast, Aishat shares practical insights and expertise to streamline financial management for non-profits, while also shining a light on the often unseen and unheard efforts that uphold the delivery of a non-profit’s mission.
She is the author of Charity Finance from A to Z“ – a practical guide designed to demystify finance for those working in the charity sector.
Beyond her professional endeavours with non-profits, Aishat is deeply committed to supporting single mothers in navigating financial challenges and champions financial literacy among young Black adults. She thrives in conversations about money, empowerment, and purposeful work.
Work with Aishat: www.bancservices.co.uk
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