The Charities Commission have publicised an inquiry they are holding into a charity that has repeatedly missed accounts filing deadlines. The failure to file accounts on time is cited as evidence of mismanagement and misconduct; and reason to examine all financial and governance aspects of the charity. Whether “naming and shaming” is really the most responsible action is debatable. However it is clear that failing to comply with Charities Commission filing requirements can have unwelcome consequences.
As with all of our tax tips and web pages this information is necessarily summarised and of a general nature. If you need help with your charity’s administration or financial matters, including accounts prepared and independent examinations, contact us.