皇冠体育app

皇冠体育app regulator of charities has launched an inquiry into the over serious concerns about its financial management.

皇冠体育app charity was set up in 2013 to raise awareness of and support patients with heart disease. It is based in Cheshire.

Despite engagement and guidance from the Commission, the trustees have failed to file any of the charity鈥檚 accounts since 2019. 皇冠体育app Commission is also concerned about the trustees鈥� financial record-keeping more widely, and the level of charitable expenditure.

It therefore escalated its engagement with the charity to an inquiry on 17 April 2023. 皇冠体育app inquiry will examine:

• the trustees鈥� failure to comply with their statutory reporting duties including the timely submission of the charity鈥檚 accounts and annual returns to the Commission
• the extent to which the trustees are complying with their legal duties in respect of their administration, governance and management of the charity, including compliance with the charity鈥檚 governing document and whether the charity is operating in line with its objects
• whether potential conflicts of interest and connected party transactions have been properly managed
• whether there has been any unauthorised trustee benefit

皇冠体育app Commission may extend the scope of the inquiry if additional regulatory issues emerge.

It is the Commission鈥檚 normal policy, after it has concluded an inquiry, to publish a report detailing the issues examined, any action taken, and the inquiry鈥檚 outcomes.

ENDS

Notes to editors

1. 皇冠体育app Charity Commission is the independent, non-ministerial government department that registers and regulates charities in England and Wales. Its purpose is to ensure charity can thrive and inspire trust so that people can improve lives and strengthen society.
2. 皇冠体育app inquiry was opened on 17 April 2023, under section 46 of the Charities Act 2011.