Charities

Accounting / Shake-up of SORP charity accounting committee finalised

Regions and small charities will have more influence over the development of charity accounting rules following an overhaul of the Charities SORP committee but the number of members is barely reduced

Insight / Bristol housing charity underreported thousands in income

The trustees of a housing charity branded the ‘most prosecuted landlords in the UK’ have been found responsible for misconduct by the Charity Commission

Accounting / Why charity accounts should tell the story better

Transparent financial reporting in annual charity accounts produces more meaningful information and underpins their long-term stability, but how do you achieve this? Jonathan Orchard, partner, Sayer Vincent examines the key issues to consider when finalising charity accounts

Insight / Charity pair in doghouse over accounting failures

The charity watchdog has disqualified a married couple who were former trustees of a dog charity for serious misconduct, which meant over £300,000 in donations was unaccounted for

Insight / Regulator kicks off inquiry into governance at football charity

The Charity Commission has opened a statutory inquiry into the Professional Footballers’ Association Charity (PFAC) following concerns about governance and trustee conflicts of interest

Insight / Trustees struck off over £320k theft of funds

Founding trustees of Jole Rider Friends have been disqualified after they paid themselves almost a quarter of funds raised by their charity

Insight / Women’s charity investigated over financial management

The Charity Commission is investigating a women’s charity based in Nottingham over serious concerns that trustees are failing to operate the charity for the public benefit

Insight / One in four gift charity donation over Christmas present

Over the festive period 28% of people are planning to donate to charity rather than give presents, a YouGov study shows 

Insight / Regulator probes financial controls at education charity

The Charity Commission has launched an inquiry into Jamia Alfurqan Ltd after West Midlands Police raised serious concerns about the charity’s operations and financial management

Insight / Christian charity’s financial controls under investigation

A charity set up to advance Christianity has been ordered to bank all cash as part of an ongoing Charity Commission investigation into concerns about its financial controls

Insight / Church charity trustees banned over £450k unauthorised payments

The Charity Commission has disqualified the trustees of a London-based Christian charity after discovering unauthorised payments of over £450,000 and cash withdrawals of over £700,000

Insight / RSM places interim managers at charities under inquiry

Karen Spears, director, and Steven Law, partner, of RSM Restructuring Advisory have been appointed as interim managers of two charities under investigation by the Charity Commission

Insight / Former charity trustees in contempt of court

The High Court has found two former trustees of a Bristol charity in contempt of court after failing to provide information to the charity regulator

Insight / Interim manager appointed at charity under investigation

The Charity Commission has appointed Adam Stephens, partner at Smith and Williamson, as interim manager to Aid Convoy, which is facing a statutory inquiry into its finances

Insight / Regulator investigates linked charities over financial discrepancies

The Charity Commission is to investigate six charities which share common trustees over serious concerns about potential mismanagement, including financial reporting issues
Subscribe