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Post Info TOPIC: Limited Charity accounts


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Limited Charity accounts
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  1. if a charity is also a limited company,  does it declare the same set of accounts at both Charity Commission (CC) and Companies House (CH) ?
    Or is a more detailed set of accounts (with Balance Sheet) filed with CH ?

  2. if two charities are merged (one of them a limited company), is it allowed for the property/assets of both included in the balance sheet of the limited company filed with CH ?

  3. accounts of a charity show year-on-year negative difference in their Income & Expenditure Account.   
    Are these the losses for each year (ie:  they can be totted up),   or is it like a "balance" of the Income & Expenditure Account  over the lifetime of the charity?


-- Edited by ProBowlUK on Thursday 21st of April 2011 05:01:36 AM

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Bob Sharp


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Posts: 180
Date:
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  1. if a charity is also a limited company,  does it declare the same set of accounts at both Charity Commission (CC) and Companies House (CH) ?
    Or is a more detailed set of accounts filed with CH ?

  2. if two charities are merged (one of them a limited company), is it allowed for the property/assets of both included in the balance sheet of the limited company filed with CH ?

  3. over the past 5 years, accounts of a charity show year-on-year negative difference in their Income & Expenditure Account submitted to CC.     
    Are these the losses for each year ?   
    If added up, they come to over £200 grand  -   (a big surprise to me). 
    Would you assume this charity/company is in trouble ? 

  4. What is meant by "Full Exemption" with regards to accounts filed at CH ?  



-- Edited by ProBowlUK on Monday 25th of April 2011 07:13:42 PM

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Bob Sharp
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