My wife assists a charity that is also a Company limited by Guarantee.  It has income of £85,000 a year and spends all of that each year helping disabled members of the public.  It is forced to waste over £1,000 each year on an independent examination of its books and in producing a set of reports and accounts consisting of over 20 pages.

 

Why is this idea important?

The Charity Commission and Companies Act force this waste of money.  Please change this by simply adding a de minimus amount so that charities of this size are excluded from this bureaucratic nonsense.

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