Charities

Insight / Bristol charity criticised for £48k unauthorised payments

A supported housing charity operating in Bristol has been sanctioned by the regulator over long-running financial management failings and unauthorised payments to trustees

Insight / Second inquiry into London charity’s management

The Charity Commission has announced a second statutory inquiry into Human Aid UK over concerns about mismanagement and/or misconduct at the charity, which was investigated before over its fundraising practices

Insight / Regulator winds up educational charity over ‘reckless’ spending

An educational charity has been wound up by the regulator after an investigation revealed trustees had been ‘reckless’ with funds, including spending some charitable donations on fast food purchases

Tax / Time to reform Gift Aid tax relief for charities

The Charity Tax Commission’s latest review of the charity tax system criticised the lack of accountability over Gift Aid which is costing taxpayers £5bn a year in tax breaks to charities. Croner-i lead tax writer Stephen Relf CTA FCA explains why Gift Aid reform is overdue

Accounting / Overhaul of charity SORP committee sees change of membership

There is to be a major overhaul of the way the charity accounting rules under the Charity SORP framework are developed with a new, smaller SORP committee, following a highly critical government review

Accounting / Charity Commission updates rules on trustee transparency

As the annual return deadline approaches, the Charity Commission is warning charities to ensure that they are up to speed with the latest transparency rules on trustees before filing accounts

Insight / Seven charities investigated over accounting discrepancies

The Charity Commission is to investigate seven charities linked by two common trustees and common registered contact details, amid serious concerns over possible accounting discrepancies

Audit / Charity regulator criticises quality of audited charity accounts

Only half of charity accounts reviewed by the Charity Commission met the regulator’s external scrutiny benchmark with auditors and independent examiners failing to identify significant failings in charity accounts

Insight / Regulator finds trustee misconduct at educational charity

Charity Commission regulatory intervention has seen the reopening of a London school which was sold and shut by a trustee, who was responsible for serious misconduct and governance failings

Audit / Harper: auditors must help charities manage risk

Charity auditors are well placed to help not-for-profit organisations manage the myriad risks they face, not just financially but also around governance, safeguarding and regulation, argues Steve Harper, charities director at Haysmacintyre

Insight / Chartered accountants offered online mental health support

The Chartered Accountants Benevolent Association (CABA) has signed up with digital mental health specialist XenZone to provide an online counselling and wellbeing support service for ICAEW students, members and their close families

Insight / Interim manager at religious charity with ‘significant losses’

The Charity Commission has appointed an interim manager to Mountain of Fire and Miracles Ministries International, after the regulator identified ongoing governance issues at the charity

Insight / Charity fraud losses touch £8m

Charities are being warned about the dangers of fraud after new figures show that reported losses reached almost £8m in 2018/19, with poor employee training identified as a contributing factor

Insight / Crackdown on abuse of non-disclosure agreements

The government is planning to introduce tougher rules to tackle abuse of non-disclosure agreements (NDAs) and confidentiality clauses in the workplace

Insight / BEIS tackles ‘one-sided’ flexible working

The government is to consult on proposed  measures to improve employment conditions for flexible workers, including compensation for short-notice cancellations, as part of the government’s Good Work Plan
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