CFG's annual report 2014: Fit for the future

CFG spends three-quarters of free reserves on restructure 1

21 Aug 2014 | Tania Mason

Charity Finance Group raided its free reserves to the tune of £187,510 last year to carry out a change programme and move offices, its latest annual report and accounts reveal.


CFG spends three-quarters of free reserves on restructure

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Uniformed youth groups benefit from £10m in bank fines

The Scouts and Guides are among those who will benefit from the new £10m Uniformed Youth Social Action Fund, awarded from bank fines.

Former charity boss denies wrongdoing

A former charity boss accused of fraud said he paid back more than £100,000, and denies any wrongdoing, a court heard on Wednesday.

Britain's Personal Best was one of SNF's failed projects

Society Network Foundation, the charitable parent of Big Society Network, has applied to Companies House to be struck off the register of UK companies.

Tact wants more detail on PM's Adoption Support Fund

Fostering and adoption charity Tact expressed concerns today over the implementation of the government’s Adoption Support Fund, following David Cameron’s announcement on Monday of a further £19m investment. 

So B&B operators cannot refuse gay couples a bed in their own home yet banks can assume muslim organisations might be laundering money for terrorists without any criminal act being proved. Its a strange world.

» Finsbury Park Mosque told its bank account will be closed by HSBC

First major study of charity mergers is published

Some 4 per cent of people working in the charity sector were involved in a merger last year, suggests a comprehensive new study of mergers in the sector.

Government extends VAT rebate scheme for museums

The government has extended its museums VAT rebate scheme to two more organisations – the V&A Museum of Design in Dundee, and Embrace Arts, the arts centre at the University of Leicester.

Office for Civil Society spending up 18 per cent, but most of the increase goes on National Citizen Service

The Office for Civil Society spent almost half its income on the National Citizen Service in the year to March 2014, according to its annual report and accounts.

Cipfa to provide secretariat to the Sorp committee

The Chartered Institute of Public Finance and Accountancy will now provide the secretariat to the committee which advises on the Statement of Recommended Practice governing charity accountancy, the two British charity regulators announced today.

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