We are an independent, non-ministerial government department accountable to Parliament. As registrar, we are responsible for maintaining an accurate and up-to-date register of charities. This includes deciding whether organisations are charitable and should be registered.
Who regulates the Charity Commission?
The Charity Commission answers directly to the UK Parliament rather than to government ministers. It is governed by a board, which is assisted by the chief executive (currently Helen Stephenson CBE who succeeded Paula Sussex in July 2017) and an executive team.
Is the Charity Commission independent?
The trustees of charities with gross incomes of £25,000 or less do not usually have to arrange for any scrutiny of their charity’s accounts. … The only exception is where the Commission has approved an independent examination of a particular year’s accounts instead of an audit.
What power does the Charity Commission have?
The Charity Commission regulates and registers charities in England and Wales. It produces guidance for trustees on how they should meet their legal duties and responsibilities. The Commission runs an online register of charities, which provides full information – including financial – about all registered charities.
How does the Charity Commission investigate?
Through its work, the Commission identifies and investigates apparent misconduct and/ or mismanagement in the administration of charities, and works to resolve issues of concern. … An inquiry should not in itself be seen as a determination by the regulator of wrong-doing in a charity.
What is the richest charity in UK?
The British council had an income of approximately 1.28 billion British pounds as of March 2021, the highest income of any charity based in England and Wales. Nuffield Health had the second highest annual income as of this date at over 993 million pounds.
Do I need to register with the Charity Commission?
All Charitable Incorporated Organisations (CIOs) must register with the Charity Commission, regardless of their annual income. CIOs do not formally exist as charities until they are registered.
Do charities have to submit accounts?
By law, every charity must prepare a set of accounts and a trustees’ annual report. The aim of accounts and reports is to provide a clear picture of your charity’s activities and financial position. The trustees’ annual report is also an opportunity to describe your work to the public and to funding bodies.
What are the legal requirements of a charity?
to be a charity – your charity must have only charitable purposes which must be for the public benefit (‘the public benefit requirement’) to operate as a charity – as a charity trustee, when running your charity you must carry out your charity’s purposes for the public benefit.
How many trustees should a charity have?
Your charity’s governing document might say how many trustees you should have and how they should be appointed. Aim for a minimum of three unconnected trustees with a good range of skills. Each trustee must read and sign a trustee declaration form to confirm they can act as a trustee.