Not for Profit eNews - October & November 2024

Welcome to the latest edition of MHA Not for Profit eNews, a bumper edition covering sector developments over October and November 2024, most notably the Autumn Budget and its impact on the Not for Profit sector; we share our reflections on the Budget and highlight those published by other sector bodies, the Charity Finance Group and NCVO.

It’s been a busy few months for the sector, in which the TSC London Marathon relaunched its Charity Bond Scheme, a great way for fundraising charities to raise vital funds in a popular and in demand way. Fundraising charities may also be interested in think tank’s, Rogare’s, recently published research into the ethics of accepting or refusing donations.

We summarise two recent Charity Commission inquiries: the first being Fashion for Relief, three trustees of which have been disqualified for poor governance; the second is the ongoing case concerning Barnabus Aid, who face concerns over its management. These highlight the ongoing scrutiny of charities and the expectations regulators, and the public have of them.

We also highlight the key facts and figures from the Charity Commission's 2023/24 whistleblowing disclosure report and how individuals can make reports to the Commission should they have any concerns.

Finally, we outline the key points from the updated guidance from the Charity Commission on how Trustees can improve the finances of their charity.

As ever, if there are any points you wish to discuss further regarding this issue please do get in touch.