Providers need to be alive to the risk of contractors becoming insolvent and how to limit the resulting inevitable disruption.
Efforts to save the charity included making a number of its employees redundant. The charity has now been rescued by another charity, CGL (Change, Grow, Live) meaning that the jobs of Lifeline Project’s remaining 1,300 employees have been saved, and the services they provide will continue.
Lifeline Project follows similar examples of sizeable charities collapsing including the Kids Company in 2015 and 4Children in 2016.
This most recent example further highlights the need for good governance in charities and the very real and direct impact that insufficient internal safeguards can have on employees and service users. Good governance is vital, not just to avoid collapse, but to ensure effective and efficient use of charitable funds. As charities grow this becomes increasingly important and, because a growing charity means growing demands on trustees’ time, it is vital that governance is correctly established at the outset.
If you require assistance in relation to a governance review of your charity or similar services, please contact a member of our charities team on 0121 200 3242 or email@example.com. Article by Rebecca Ward, Solicitor and Martin Brown, Trainee Solicitor.
Housing associations must continue to deliver core functions effectively and compliantly notwithstanding the uncertainty over the standards to which you will be held in the future.
Over the last few years the meaning of “asset management” has changed from being all about repairs to understanding that assets might not stay in an organisation forever.
The Grenfell Tower tragedy has understandably prompted a fundamental reconsideration of how building safety is approached for High-Rise Residential Buildings.
Results from the latest three-yearly valuation of the Local Government Pension Scheme (LGPS) are starting to trickle through.
The potential for Brexit with or without a deal causes uncertainty, and credit rating agencies do not like uncertainty.
Let’s face it, Wills are underappreciated and often overlooked. In fact, around 54% of the British public do not have one!
A recent case throws light on the scope of the exemption for “land transactions” from the need for an OJEU tender process.
A leaked report into maternity services at the Shrewsbury and Telford Hospitals NHS Trust revealed by The Independent has been described as the “largest maternity scandal in NHS history”.
The Pensions Regulator is showing its determination to improve the prudent management of Local Government Pension funds by digging deep into the internal workings of these funds.
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