Find out about making valid trustee decisions that are in your charity’s best interests by clicking on the numbered links below.
It is important to follow these steps when making significant or strategic decisions, such as those affecting the charity’s beneficiaries, assets or future direction. The Charity Commission doesn’t expect trustees to follow them step-by-step for minor decisions
- Follow the principles
- Keep records from the start
- Follow your charity’s rules and the law
- Get the information you need
- Plan your meetings
- Manage conflicts of interest
- Work together to make decisions
- Involve others at your charity
These are the standards that the courts have developed for reviewing decisions made by trustees. Trustees must:
- act within their powers
- act in good faith and only in the interests of the charity
- make sure they are sufficiently informed
- take account of all relevant factors
- ignore any irrelevant factors
- manage conflicts of interest
- make decisions that are within the range of decisions that a reasonable trustee body could make
They must be able to show how they have followed these principles.
Companies House will no longer send out postal reminders for filing your Annual Return, now known as the Confirmation Statement, as part of their aim to become a fully-digital organisation and all companies should now register for the email reminder service
They say that Companies who have already switched to email reminders from paper are more likely to file their accounts and confirmation statement (annual return) on time, and are less likely to get a penalty for filing their accounts late.
Their email reminder service is free and has many advantages over the paper system. You can:
- choose up to 4 people to receive a reminder (including an agent)
- file your document immediately from a link within the reminder
- receive reminders more conveniently
- use less paper, contributing to saving the environment
How to register
- sign in to the Companies House online filing service
- select ‘Get email reminders’ from your company overview screen
- click ‘Add an email address’
- enter your email address (a maximum of 4 per company)
- click the link in the email Companies House sends you to validate your email address
- agree to the terms of operation
They will send you an email when you have successfully joined the reminder service.
New users will need to register to use the Companies House online filing service.
You can file your Confirmation Statement here
Unfortunately, criminals will use every opportunity they can to scam innocent people and their businesses. They are experts at impersonating people, organisations and the police. They spend hours researching you for their scams, hoping you’ll let your guard down for just a moment.
How to protect your business
- if you receive a request to make an urgent payment, change supplier bank details, or provide financial information, take a moment to stop and think
- it could be a fake – verify all payments and supplier details directly with the company on a known phone number or in person first
- contact your business’s bank immediately if you think you’ve been scammed and report it to Action Fraud
National Cyber Security Centre
The National Cyber Security Centre also has advice on how to keep your business secure online
The new Job Support Scheme, which was due to start on Sunday 1 November, has now been postponed until the furlough scheme ends.
The Coronavirus Job Retention Scheme (CJRS), (Furlough), which was due to end on 31 October, will now be extended, with the UK government paying 80% of wages for the hours furloughed employees do not work, up to a cap of £2,500 for periods from 1 November. Employers small or large, charitable or non-profit, are eligible for the extended Job Retention Scheme.
You will need to pay all employer National Insurance Contributions (NICs) and pension contributions. You can choose to top up your furloughed employees’ wages beyond the 80% paid by the UK government for hours not worked, but you are not required to do so.
There will be no gap in support between the previously announced end date of CJRS and this extension.
Under the extended scheme, the cost for employers of retaining workers will be reduced compared to the original scheme, which was due to end on 31st October 2020. This means the extended furlough scheme is more generous for employers than it was in October. ACAS also provides more details here
What you need to do now
- Check if your employees are eligible for the scheme here
- Agree working hours with your employees, so they know if they are furloughed fully or part-time during November.
- Keep the records that support the amount of CJRS grant you claim, in case HMRC need to check it. You can view, print or download copies of your previously submitted claims by logging onto your CJRS service on GOV.UK.
Further help and advice can be found here