Charities

Insight / Ipswich charity had poor financial management

A Charity Commission inquiry into the Ipswich Kurdish Islamic Cultural Centre has concluded that there was misconduct and mismanagement in the charity’s administration, with multiple failings by the trustees including poor financial management

Insight / Cheques enter 21st century with one-day clearing

A new electronic image scanning system for cheques will reduce the current maximum of six working days to clear cheques down to one day using an industry-wide, image-based cheque clearing system

Tax / Rural broadband: how to improve access as Making Tax Digital looms

The postcode lottery for business-ready telecoms for rural enterprises remains a problem, only exacerbated by HMRC's rushed plans to roll out Making Tax Digital from 2018 onwards. Dave Millett, managing director of telecoms brokerage Equinox, asks what can be done

Insight / Charity Commission push to improve financial governance

The Charity Commission is on a drive to ensure trustees understand their basic financial responsibilities when running a charity, and is calling on financial professionals and accountants to take a leadership role in the renewal of financial governance in the charity sector

Insight / Investigation finds unauthorised payments at cancer charity

An investigation by the Charity Commission into Kids Integrated Cancer Treatment Ltd (KICT) has found the charity had ‘serious deficiencies’, including inadequate financial controls and unauthorised trustee remuneration payments

Insight / Investigation into overseas payments by Leicester-based charity

The Charity Commission has opened a statutory inquiry into Bhaarat Welfare Trust and frozen its bank accounts, over concerns about its financial management

Insight / Footballer’s Sierra Leone charity facing potential ‘red card’

Concerns have been raised about alleged financial irregularities at a charity set up by former Premier League footballer Craig Bellamy to help children and young people in Sierra Leone, which closed without warning last year, leaving some without support

Insight / Smith & Williamson director appointed interim charity manager

The Charity Commission has appointed Adam Stephens, a director at Smith & Williamson, as interim manager to the Rav Chesed Trust, as part of the regulator’s inquiry into the charity’s administration and financial management in the light of its persistent failure to submit annual accounts on time

Tax / HMRC updates fit and proper test for charity managers

HMRC has updated the 'fit and proper persons' declaration and guidance for managers of charities and Community Amateur Sports Clubs claiming tax relief to clarify that anyone involved in a disputed tax avoidance scheme could be caught by the rules

Accounting / London charity censured for poor due diligence and monitoring

An inquiry by the Charity Commission into the London-based charity Human Aid UK, undertaken following concerns over its controls around fundraising and the end use of charitable funds, has found poor due diligence and monitoring put the charity’s assets at risk

Insight / Financial controls in place at Garden Bridge Trust

The Charity Commission has filed its report on the Garden Bridge Trust, confirming that the body in charge of the Garden Bridge project has correct financial controls in place, however the commission is unable to judge on how the project is funded which has been the subject of ongoing criticism from the public

Insight / Charities warned not to use cash couriers

The Charity Commission and the Metropolitan Police counter terrorism command (SO15) are warning charities against using cash couriers following the seizure of some £4m of illicit cash described as charitable funds at ports over the last two years

Insight / Investigation into animal charity’s financial controls

The Charity Commission has opened a statutory inquiry into Capricorn Animal Rescue and Sanctuary amid concerns over inadequate financial controls and a failure to account for assets at the charity, which has also attracted criticism from animal welfare groups

Insight / Commission investigates faith charity over trust finance

The Charity Commission has opened a statutory inquiry into the Suyuti Institute over concerns that the trustees may have failed to address the financial risks involved in taking over a private trust

Insight / BREAKING: Brexit strategy published in White Paper

The government has today published its plan for leaving the European Union in the form of a White Paper, after MPs backed the European Union Bill by 498 votes to 114 on 1 February
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