Q&As

Can a client get a refund for a poorly performing recruit?

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Published by a LexisNexis Restructuring & Insolvency expert
Published on: 28 January 2020

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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United Kingdom
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Key definition:
Charity definition
What does Charity mean?

A charity is an institution which is established for charitable purposes only and falls to be subject to the control of the High Court in the exercise of its jurisdiction with respect to charities (Charities Act 2011, s 1)

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