Moving charities on from Kids Company fall-out

The House of Commons committee investigating ‘Whitehall’s Relationship with Kids Company’ has published its report, with the official news item headed “The collapse of Kids Company: extraordinary catalogue of failures”.

The Public Administration and Constitutional Affairs Committee finds that while ultimate responsibility lies with the charity’s “negligent” trustees, Government and regulators such as the Charity Commission must also learn lessons from this failure.

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Changed guidance on charity reserves “unhelpful”

The Charity Commission has updated a number of its key finance guidance documents for charities in England and Wales

”  to show clearly that trustees are ultimately responsible for their charities’ finances, and respond to the need to make sure its guidance reflects the most current challenges facing thousands of charities”.

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Reporting changes and water charges for Scottish charities

A couple of items for Scottish charities.

Water Exemption Scheme

The Scottish Government’s Water Exemption Scheme helped over 7,400 charities and sports clubs with reduced charges in 2015-16. However, charity regulator OSCR is sure there are more charities that can benefit, and also reminds that charities and Community Amateur Sports Clubs must reapply each year to the Scheme to retain exemption. Applications have to be in by 31st March.

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