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Charity Reforms

Charity Reforms Affected 1 Scotland 2 England and Wales Not affected 1 Isle of Man 2 Channel Islands A CONNEXIONAL LIAISON GROUP is charged with ensuring Methodist trustees are informed and fulfill the requirements of the respective Acts. Scotland

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Charity Reforms

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  1. Charity Reforms

  2. Affected 1 Scotland 2 England and Wales Not affected 1 Isle of Man 2 Channel Islands

  3. A CONNEXIONAL LIAISON GROUP is charged with ensuring Methodist trustees are informed and fulfill the requirements of the respective Acts.

  4. Scotland The Charities and Trustee Investment (Scotland) Act 2005 • Came into effect in 2006 Charity status achieved by registering with the Office of the Scottish Charity Regulator (OSCR)

  5. Qualification • Organisation has one or more charitable purposes (Advancement of religion is a charitable purpose) and • Organisation can demonstrate it provides benefit to the public

  6. All Methodist Charities in Scotland and Shetland Districts are now registered as Charities with OSCR

  7. England and Wales The Charities Act 2006 • Came into effect in December 2006 • Implementation is in stages • Registration with the Charity Commission in some cases

  8. Charitable status demonstrated by:- 1 Registration where so required 2 Excepted Status continues otherwise There is a new Statutory Instrument 2007 no 2655 valid until 2012

  9. Qualification • Organisation has one or more charitable purposes (Advancement of religion is a charitable purpose) and • Organisation can demonstrate it provides benefit to the public

  10. Registration Threshold • Register if income over £100,000 • Excepted if below £100,000

  11. REGISTRATION TIMETABLE ►Due date for registration from 1 October 2008 ►Phased over a period

  12. Trustees Annual Report • will most likely be used to demonstrate Public Benefit Income Full report: over £500,000 Brief Report: under £500,000

  13. Local Churches • When registering will report General Funds and Model Trust Funds • Non Model Trust Bequests and Endowment Funds may need to be registered separately

  14. Circuits • Will report General Funds and Model Trust Funds (CAFs) • Non Model Trust Bequests and Endowment Funds may need to be registered separately

  15. Districts • Will report General Funds and Model Trust Funds (DAFs) • Non Model Trust Bequests and Endowment Funds may need to be registered separately

  16. OTHER METHODIST BODIES/TRUSTS • Must apply for registration if income exceeds £100,000 e.g Management Committee (Central Buildings, Manchester)

  17. The Trustees for Methodist Church Purposes •to apply for registration as Custodian Body • will report only own Funds as Full Trustees NOT Custodian Funds (CAFs, DAFs, Model Trust Bequests held on behalf of Managing Trustees)

  18. THE METHODIST CHURCH OF GREAT BRITAIN •Will apply for Registration • Reporting only funds in the Methodist Council Consolidated Accounts • Conference to appoint trustees

  19. LOCAL ECUMENICAL PARTNERSHIPS (LEPs) • Registration as a separate institution may be required for Single Congregations and some Covenanted Partnerships (Categories 1 & 2) • Registration not required for other LEPs (categories 3-6)

  20. REGISTRATION PROCESS Enquiries will be answered by the Resourcing Mission Office

  21. Roadshow Events • Six Regional Events June 4 West Wakefield • Trinity Newport, South Wales 14 Coventry Central Hall • Wonford, Exeter • London (venue to be confirmed) 25 Central Hall, Manchester

  22. Purpose of Roadshow Events • Target all Methodist Charities required to register as of 1 October 2008 • Share information about the Act • Seminar to assist in completing Applications for Registration • Offer guidance on remaining questions

  23. ANNUAL ACCOUNTS • Standard Form of Accounts still required applies to all Methodist Charities including - Scotland - Channel Islands - Isle of Man

  24. From 1 October 2008EXCEPTED STATUS • Applies to all Methodist Charities with annual income below £100,000 So All Methodist Charities will be either Registered Charities Or Excepted Charities

  25. Statutory Instrument 2007 No 2655

  26. Benefits and Problems of Charity Registration

  27. Burden on Trustees

  28. • More attractive to grant funders • Improvement in financial accounting • Help focus on charitable objectives and mission aims • Scotland effect – feel good factor for a local church with a Rolling Review • OSCR published report on their Rolling Review of Charities – raises profile • Improvement in financial accounting • Regulators view us as ‘low risk’

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