Q&As
Can a client get a refund for a poorly performing recruit?
Does a company charity (in administration) have to file accounts/annual returns with the Commission even if it has ceased trading? Does a company in administration have to file docs at Companies House? Is there anything special that a company in administration needs to do when selling land, property and assets from administration? It is not to connected party, but if it was, would that make a difference?
With regards to annual returns, under section 169(2) of the Charities Act 2011, a registered Charity does not need to prepare an annual return in the form prescribed by regulations made by the Commission in an instance where the charity’s gross income for a financial year does not exceed £10,000, subject to whether the charity is constituted as a CIO.
A Company limited by guarantee is treated in the same way as a company limited by shares when it comes to available insolvency procedures. Regarding the sale of leasehold land,
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