Inquiry reports into ‘double defaulting’ charities published by Charity Commission
Inquiry reports into four of the charities that were under investigation as a result of double defaulting on their accounts were published by the Charity Commission on 14 March 2014.
Lack of action by accountants, alongside trustees’ and accountants’ health and family issues were named as reasons for failing to submit the accounts. Failure to submit annual documents when required to the Commission is a criminal offence. None of the excuses above relieve the trustees from their legal responsibility to file accounts with the Commission and their duty to help maintain public trust and confidence in charities. Even if reporting responsibilities are delegated, ensuring the accounts are submitted on time remains the legal duty of the charity trustees.
Date: 18th March, 2014
Articles from this Author
24th July, 2018
Academies Accounts Direction 2017/2018 (AAD)
9th February, 2018
Guidance for charities regarding the changes to the automatic disqualification of trustees rules
30th November, 2017
Legislative changes affecting the Charitable Incorporated Organisation (CIO)
14th November, 2017
Updated guidance for independent examiners (CC32)
Mercer & Hole’s Financial Planning team win Moneyfacts Tax & Estate Planner of the Year 2018… twitter.com/i/web/status/1…
For the latest Mercer & Hole news, visit our LinkedIn page mercer-&-hole