An interim manager has been appointed at a debt counselling charity who said it was late filing its accounts because auditors and accountants were "slow to attend" to its documents.
The Charity Commission appointed an interim manager to take over the general administration and management of Rav Chesed Trust as part of an ongoing inquiry into the charity. The inquiry, which began in 2015, was started after the charity failed to file accounts with the commission after several warnings.
All four accounts for the years between 2011 and 2014 were all filed late.
The inquiry into the charity is examining the administration and financial management of the charity and whether the trustees have put the charity’s funds at risk.
As well as undertaking debt counselling, the charity also works in the area of poverty relief and the advancement of religious education.
Adam Stephens of Smith & Williamson was appointed interim manager of the charity, to the exclusion of the charity’s trustees, on 24 February 2017. His tasks also include securing the charity’s property.
Stephens, who is currently the lead administrator for 4Children, said: “I will be taking over the general administration and management of the charity while securing the charity’s property. I will be working to conclude my role in the best interests of the charity and its stakeholders,”
The commission’s investigation into the charity is ongoing.
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