Charity Structure

The Charity Commission have released revised guidance on changing the structure of a charity.  This includes a useful checklist of the things to consider when planning a change and the process that needs to be undertaken to ensure that the Trustees are choosing the right structure for the charity.

From 1 January 2018, charitable companies have been able to convert to a CIO.  Initially this was only available for very small charities but from 1 August 2018 is now available for all charities.  The change allows the charity to retain a limited liability structure but means that oversight is only by the Charity Commission and no accounts need to be submitted to Companies House.

A Community Interest Company can also now apply to convert directly to a charitable incorporated organisation. Changing the structure of a charity is not a decision that should be taken lightly and there are many factors to consider.  You can find the revised guidance by clicking here.

After consulting the Charity Commission guidance, if you have any further concerns or questions please get in touch by emailing Tracey Johnson or calling 01772 821 021.