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Running a UK registered charity

Below is a summary of what is involved in running a registered charity:-

  • a charity can only act to further its declared aims
  • those in charge are termed "trustees" and there is usually at least 3
  • as a general rule trusteeship is voluntary without pay or benefit
  • a trustee must be capable of performing their duties
  • a trustee is responsible for the affiars of the charity
  • charities may not trade but may have a trading subsiduary
  • accounts and an annual return must be prepared and filed once a year
  • charities may invest their funds subject to certain criteria
  • details of the charity are available for public inspection
  • charities are not taxed on any surplus income
  • donations received may be eligible for gift aid from HM Revenue
Where accountants buy from Freephone 0800 085 45 05
Landline0161 798 9999
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