
The Academies Financial Handbook is updated annually by the Department for Education and the Education and Skills Funding Agency; it contains a number of governance requirements for academy trusts.
The event was held on 13 February at the firm’s Birmingham office.
Edwina Turner, associate and Shivaji Shiva, senior associate lead the event with an interactive first half of the seminar, comparing CIOs to other existing legal structures and a second half opportunity for delegates to have their CIO queries answered directly.
The long-anticipated CIO structure was introduced to address inadequacies in the current range of legal options in the third sector. It is expected to be a natural choice for many smaller and simply structured charities. It will also be of real value to larger charities but it will not suit all of them and many will have good reasons to stick to longer established legal structures. CIOs present particular opportunities for faith-based charities and umbrella bodies seeking to foster charitable community activities.
Shivaji said: “The sector has been waiting for the CIO structure for 13 years, however now that it has been implemented many are unsure as to what impact it will really have. Trustees and staff need to understand the structure in order to assess its merits and in some cases they may find that a more traditional legal form is actually better for their needs.
The seminar helped to address these issues, highlighting the pros and cons of CIOs and ultimately ensuring that trustees felt equipped to make the best judgment for their organisations.
The Academies Financial Handbook is updated annually by the Department for Education and the Education and Skills Funding Agency; it contains a number of governance requirements for academy trusts.
Supreme Court publishes key decision for those working in the UK’s gig economy.
From 6 April 2021, it will be the responsibility of medium and large private sector organisations to assess whether contractors working through an intermediary come within the ambit of IR35.
The 'Chocolate Snowman Appeal' is an amazing initiative that Anthony Collins Solicitors' (ACS) employees take part in every year.
The Building Safety Bill (the Bill) is said to be the most significant and wide-ranging change to the regulatory environment for higher risk building (HRBs) for over 45 years.
On 4 November 2020, the Restriction of Public Exit Payments Regulations 2020 (the Regulations) came into force; exit payments for the public sector were capped at £95,000.
The case was brought by the Official Receiver who sought disqualification orders under section 6 of the Company Directors Disqualification Act 1986 (CDDA 1986) against the seven trustees of Kids Company and its CEO. It illustrates well the tension between the role of a fulltime paid CEO of a large charity and the role of its board as voluntary trustees/directors.
At the end of 2020, The Charity Governance Code was updated or 'refreshed' as it is termed on its website.
Anthony Collins Solicitors is today (Thursday 11 February) revealing the scale of its social impact during 2020.
In their first podcast of this series, current and future trainees will discuss their journey and route to securing a training contract at Anthony Collins Solicitors.
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