Inquiry into accountancy charity that has failed to file accounts for almost four years

Charity
Inquiry into accountancy charity that has failed to file accounts for almost four years

The Charity Commission has opened a statutory inquiry into an accountancy charity, whose accounts are more than 1,000 days late.

Community Accountancy Self Help, which provides training and advice in financial management, particularly for charities, has failed to file its accounts since the year ending March 2020.

The charity’s accounting information for 2021 is more than 1,000 days overdue, and it has also failed to submit accounts for the years ending March 2022 and 2023.

The organisation has already been placed under the regulator’s double defaulters inquiry twice, in 2018 and 2020 – an inquiry that investigates charities that have defaulted twice or more over the past five years on submitting required accounting information.

It last filed accounts on 31 January 2021, when it recorded an income of £101,372 for the year to the end of March 2020.

The regulator said the charity was in default despite the commission’s “extensive engagement”, leading to a statutory inquiry being opened in December.

The commission said the investigation would examine the extent to which the trustees were complying with their legal duties in respect of the administration, governance and management of the charity.

The inquiry will look at the trustees’ compliance with their legal obligations for the content, preparation and filing of the charity’s accounts and annual returns.

It will also examine whether the trustees are managing the charity in line with its objects and governing document, if the charity has a sufficient number of willing and capable trustees, and will identify if there has been any misconduct or mismanagement in the charity’s administration.

Community Accountancy Self Help has not responded to Third Sector’s request for comment.

Originally Posted Here

Products You May Like

Articles You May Like

Jaeger-Lecoultre Releases Its Olfactory Signatures Made in Collaboration With French Perfumer Nicolas Bonneville
More than 150 people made redundant at Macmillan Cancer Support
Hotel Le Toiny St. Barth Introduces The Goop Beauty Suite
Mike Johnson Cinches House Speaker Role In One Vote—After Trump Phoned Naysayers
Thai Celebrities Set to Take Over 2025