皇冠体育app

皇冠体育app Charity Commission has opened a statutory inquiry into following concerns that there is or has been misconduct and/or mismanagement in the charity鈥檚 administration, particularly regarding the management of its finances.

皇冠体育app regulator will also look into how these concerns indicate that potentially significant risk may have been placed on the charity鈥檚 assets, beneficiaries, or work and whether the charity is operating for the public benefit.

皇冠体育app London-based church was registered as a charity in 2009 and its aims are the advancement of Christian religion and education, alleviation of poverty and supporting humanitarian causes. 聽聽

皇冠体育app Commission鈥檚 concerns include possible misapplication of funds for unauthorised payments to a trustee, the submission of potentially inaccurate financial accounts suggesting a lack of transparency, and it has also noted the charity has submitted accounts which do not comply with the Statement of Recommended Practice (SORP).

Due to the concerns over financial mismanagement and risk to assets, the Commission has already utilised its powers to freeze the charity鈥檚 bank account while it investigates these matters.

皇冠体育app regulator will also investigate whether the charity has been operating with insufficient trustees as it appears to have only one while its governing document requires three. This would call into question the validity of trustee decision-making, which the regulator will review as part of its inquiry. However, since the opening of the inquiry, the charity has informed the regulator that it has appointed three new trustees.

皇冠体育app inquiry will examine the following regulatory issues:

1. 皇冠体育app extent to which the trustees have and are complying with their legal duties in respect of the administration, governance and management of the charity, with particular regard to the management of the charity鈥檚 finances and unauthorised trustee and related party benefits.

2. Whether there has been any misconduct and/or mismanagement by the trustees and consider whether remedial regulatory action is necessary.

3. Whether the charity is accurately accounting for its funds and assets in accordance with legal requirements.

4. Whether the charity鈥檚 objects are being met and the charity is operating for the public benefit.

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

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

Notes for 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 Charity Commission opened the statutory inquiry into Jesus Power House Ministries under section 46 of the Charities Act 2011 on 16 June 2023.
3. 皇冠体育app Commission has today announced a separate statutory inquiry into . 皇冠体育app two charities have a trustee in common, but are separate entities.