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We have many years of experience in acting for charities and not-for-profit organisations. Many of our Partners act as Trustees or Company Secretary for a number of charities. Our services include advice and assistance with the following:
- Structures and constitutions - whether by Trust, Company or Unincorporated Association
- Amending the charitable objects
- Governance, regulatory and secretarial assistance – with Companies House and the Charity Commission
- Mergers and collaborative working
- Trustees obligations, roles and responsibilities
- Contract drafting, advice and negotiation
- Use of the internet and E-Commerce
- Employment
- Tax and Trusts
- Property Acquisition, sale and management
- Disputes, debt recovery and litigation
CIO UPDATE
The government plan to introduce the new Charitable Incorporated Organisation status is proceeding following the closure of the public consultation on 10 December 2008.
Charitable companies are set to benefit from CIO status by reduced bureaucracy and less onerous accounting and reporting requirements as they will no longer be answerable to both Companies House and the Charity Commission. Furthermore, the trustees of unincorporated charities will have the opportunity to obtain the protection and security of limited liability without the bureaucracy connected with a company.
The legislative framework, the details and expected costs of the conversion process are yet to be finalised but are expected later this year, so watch this space!
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contact
For more information speak to Alexander Hall on 0845 55 55 321 or email: alexander.hall@mfgsolicitors.com.
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