Monday, May 22, 2006

File Early - A Challenge to the sector

File Early - A Challenge to the sector: "File Early - A challenge to the sector

Charities have to file key documents with us within 10 months of the end of their financial year. It’s a legal requirement, yet a quarter of all charities continue to miss this deadline and file late. These charities have a combined annual income of £6 billion – a massive chunk of charity money not accounted for on time. Many who do comply only file in the last month possible.

With a significant public interest in charity accountability, charities simply have to do better. Our online register is changing, making it easier for visitors to see which charities have filed promptly and which are overdue. Please visit our website at www.charitycommission.gov.uk. Charities have a responsibility to be transparent and tell the public about what they are achieving and the impact they are making. Those who continue to file late do themselves no favours – with the donating public, with funders or with us."

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