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News – 10.04.24
Form PF: Are you up to speed with the latest developments?
Through this insight we will bring to your attention the main changes in a bitesize manner so that you can stay abreast of the requirements as they may apply to your firm. … Read more
Insight – 16.04.24
US and UK tax on carried interest
Learn more about the opportunities to minimise double taxation for dual US/UK taxpayers … Read more
Upcoming event – 29.04.24
Governance code updates and advice for Further Education colleges from Buzzacott and the ESFA
Join Buzzacott and the ESFA for a governance update for further education colleges … Read more
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While being a charity trustee should be a rewarding and exciting experience, the position of trusteeship is one of the most onerous responsibilities an individual can take on. In its publication, The Essential Trustee (CC3), the Charity Commission makes clear:
“to be a trustee requires time, understanding and effort” and “good intentions aren’t enough to fulfil your responsibilities”. These are sentiments echoed in the conclusions of the Committee’s reports.
Kids Company was founded in 1996 by Camilla Batmanghelidjh with the aim of providing practical, emotional and educational support to vulnerable children and young people. Over the course of its existence it received government grants in excess of £42 million but its demand-led operating model meant that fnancially it was always on a “knife-edge”. The charity closed on 5 August 2015, following the launch of a Metropolitan Police investigation into allegations of sexual abuse at the charity. These allegations emerged on the same day that the Government released a grant of £3 million to the charity intended to enable an emergency restructure. The police investigation has subsequently been closed, having found no evidence to support the allegations of abuse. However, the allegations meant that potential funders and donors disappeared and this, given the charity’s already precarious financial position led, ultimately, to its collapse.
Governance code updates and advice for Further Education colleges from Buzzacott and the ESFA
10 April 2024
16 April 2024
4 April 2024
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