The Charity Commission has launched an inquiry into a drama school after it failed to comply with an official warning over its accounts.
The Kogan Academy of Dramatic Arts has not filed accounts for 2019, 2020 or 2021, with the last available accounts filed in the financial year ending July 2019.
The commission issued the charity with an Official Warning in March this year, which required it to file its missing annual accounting information from 2020 and 2021 within two months.
It also requested that the charity appoint a minimum of three trustees, as opposed to the current sole trustee, Alexander Michael Dower.
This initial deadline was not met, so a statutory inquiry has been launched.
The regulator will examine the extent to which any failings or weaknesses identified in the administration of the charity during the inquiry were a result of misconduct or mismanagement by its trustees.
It has also confirmed that it may expand the scope of the inquiry if additional regulatory issues emerge.
In the reports for the financial year ending July 2019, filed 653 days late, the independent examiner Asim Manzoor notes that he was “unable to determine balances owed as at the 31 July 2019 with any certainty” due to the lack of sufficient records.
Manzoor also said: “There have been significant governance issues due to lack of trustees with sufficient oversight associated with this charity and there remains an issue regarding the replacement of trustees who have left.”
The charity was registered in 1992 and offers acting and directing courses for adults in London.