Over £41 billion is donated to 185,000 registered charities and Charitable incorporated organisations in England and Wales annually. With 5000 new applications made to the Charity Commission for England and Wales every year, the charity sector is an important part of the UK economy.
There is a clear definable gap in the market for a text of this nature, the charity/not for profit sector is a growing market with a need for increased knowledge and guidance in this area. It is apparent that there is a demand for increased knowledge for constitutional documents, how they are initially drafted and the importance of the articles for charities in the process of application to the Charity commission.
This new title is full of helpful case examples and precedents to help charity trustees, members of incorporated companies by guarantee, professional charity advisers and solicitors to form constitutional documents that meet the charity commissions requirements and not for profit organisations and right to manage companies to implement internal regulations for the guidance of decision making at board level.
Written for a tightly defined market and practical in approach, the text focuses on the four types of charity/not for profit organisations, ie Charity Organisations (Charity Act 2011); Charitable incorporated organisations; non-profit companies; and right to manage companies and discusses current issues and developments and the latest case law.
With practical examples, together with do's and don'ts, the text provides illustrations and full procedures for submitting the articles of association to the Charity Commission, the requirements for a Charity Incorporated Organisation ('CIO') and the interaction between the Company Act 2006 and the Commonhold and Leasehold Reform Act 2002 for right to manage companies. It is also of interest to trustees who may wish to consider changing the constitution of their charity or company.