The Charity Commission has published research that shows that less than half of annual reports and accounts produced by small charities come up to standard, with too many not knowing about their reporting obligations.
Three new reports from the regulator of charities in England and Wales look at the issue in smaller charities with up to £25,000 income, those above that threshold, and at how well charities are meeting their public benefit reporting requirements.
The Commission’s news release sub-headings give a flavour:
- Small charities not up to scratch
- Larger charities are improving
- But some larger charities continue to produce accounts with major flaws
- More charities are talking about the public benefit that their activities provide – but not nearly enough