Homelessness charity goes into liquidation owing more than £900,000

Homelessness charity goes into liquidation owing more than £900,000

5 May 2015 | Kirsty Weakley

Cyrenians Cymru, the Welsh homelessness charity, has gone into liquidation owing £915,000 following the arrest of its finance director for fraud.


Homelessness charity goes into liquidation owing more than £900,000

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Charities are being driven out of business by pension schemes, CFG tells DWP

Skills for Logistics, a sector skills council charity, was driven into liquidation by its pension scheme with the loss of 34 jobs, and more charities are likely to follow unless pension law is reformed, the Charity Finance Group warned this week.

Hamish Horton

The Valldata Group, which provides payment solutions to the charity sector, made an operating loss of more than £572,000 for the year ending March 2014 and has since lost several senior executives.

Sam Coutinho

Impact reports are far too long, too full of jargon, and often do not  clearly explain what difference the charity makes, an audience of charity finance professionals heard yesterday.

Glasgow Sheriff Court (image credit: Stephen Sweeney)

A former assistant manager at Grant Thornton has been jailed for 40 months after embezzling more than £726,000 intended to go to charity.

A giant of the charity sector, but an even greater friend. I am truly devastated that Dave is no longer with us.

» Former Citizens Advice chief David Harker dies

Craigavon Court

A charity boss has appeared in court accused of stealing over £50,000 of charity funds to spend on betting on greyhounds, holidays and clothes.

Jimmy Savile Credit: Jmb

A child sexual abuse charity is set to close after it was overwhelmed with inquiries following the publicity around abuse by TV presenter Jimmy Savile.

Fundraising and finance departments must work together and 'manage upwards'

Finance departments do not understand fundraising well enough, and the two functions must work together to manage the board and chief executive, delegates at the Charity Finance Group annual conference heard yesterday.

Peter Kyle, Labour MP for Hove and Portslade

Several well-known, sector-connected figures are returning to Westminster, and a range of newly-elected MPs with significant charity experience are arriving. Alice Sharman lists some names to watch.

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