Partner and senior counsel, Bates Wells Braithwaite
Stephen Lloyd is partner and senior counsel at Bates Wells Braithwaite. He has been a partner at BWB since 1984, and has particular expertise in the interface between charities and trading.
He is author and presenter of numerous articles and seminars, and an adviser to CAF's Venturesome Investment Fund. He is a former chairman of the Charity Law Association, and current chairman of CaSE, LifeHaus Plc and the Centre for Innovation in Voluntary Action.
Lloyd was instrumental in creating the Community Interest Company legal structure.
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Charity lawyer Stephen Lloyd, one of the architects of the Community Interest Company structure, is leading a drive to convince the government to create a new legal form that advances a social purpose but also allows financial returns to private sector investors.
St Andrew’s Healthcare, one of the largest charities in the UK, has been told by commissioners that calling itself a social enterprise will help it win contracts.
The tax relief cap announced by the Chancellor in the Budget is another attempt by HMRC to stop people claiming tax relief on donations to suspect charities overseas, charity tax experts are claiming.
More than half of the public think there are too many charities and want the sector to be rationalised, research carried out for the Charities Act review has shown.
If it looks like a duck, walks like a duck and quacks like a duck, does it really matter whether it's labelled as a duck or re-branded as an aquatic avian? Last year The Ark generated £48,500 from trade and £47,500 from grants, so can we call ourselves a social enterprise? Social enterprise is an attitude, not a legal structure.
Social value is expensive and difficult to measure and results could be easily rigged by organisations applying to gain or retain contracts, according to speakers at the 3SC Commissioner’s Seminar at County Hall yesterday.
Stephen Lloyd has been appointed as the expert lawyer to advise Lord Hodgson of Astley Abbotts on the review of the Charities Act 2006.
The long-term effect of the Upper Tribunal’s judgment on public benefit and independent schools will be a “shrunken and cautious Charity Commission”, according to charity lawyer Stephen Lloyd.