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News - 24 April 2014

New version of charity register

 The Charity Commission's Register of Charities in England and Wales is to be 'revamped' with a new version, though no date has yet been given for its launch.

 
The new Register will feature a redesign and include information not available in the current version, such as whether a charity belongs to the Fundraising Standards Board (FRSB). The Register is also expected to include additional information from the updated annual returns that must be completed by all registered charities with an income over £10,000. 
 
The new register, which a spokeswoman says will look and feel quite different, will be launched in beta form, meaning that changes can be made based on user feedback.
 
Sam Younger, Chief Executive of the Charity Commission, said: "The carefully considered changes mean that the extra information collected and displayed will be valuable in both promoting the compliance of the sector and in helping the public to make informed decisions about charities."
 
Tonmoy Kumar, Manager of the Accounts Department of ABDS comments:
“The register will display some of the information newly included in the annual return form, which was updated last week. Registered charities with incomes of more than £10,000 must complete annual returns within 10 months of their financial year-end. The new details to be included are whether charities are members of the Fundraising Standards Board, whether they have written policies on selected issues including investments and conflicts of interest, and whether they are registered with any of four other regulators: the Care Quality Commission, the Homes and Communities Agency, the Financial Conduct Authority and Ofsted.”
 
A total of six million individual checks of charity details were made on the register last year, according to the commission.
 
If you need any help and advice on the implications of tax legislation and reforms on Charities, contact ABDS and see how we can help.
 
ABDS Chartered Certified Accountants of Southampton.
Tel: 023 8083 6900 E-mail: abds@netaccountants.net
 
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