FINANCE NEWS: Walsall region is in lead for submitting accounts on time

Walsall charities have shown the most improvement in the UK for getting their accounts in to the Charity Commission on time.

Some 73 per cent of charities in Walsall submitted their 2002 accounts before their deadline, a 25 per cent increase on the previous year. Second best-improved area was Sunderland, with 67 per cent hitting the deadline - an improvement of 18 per cent. The other top ten improvers were Manchester, Plymouth, Liverpool, Southend-on-Sea, Slough, London East Central, Llandrindod Wells and Bristol.

The Commission's director of operations, Simon Gillespie, said: "These areas are an example to other parts of the country. Charities that submit their accounts on time are more likely to be well managed and deserving of local support."

This year in England and Wales 69 per cent of the 65,000 charities required to submit accounts for 2002, got their details in on time. This was up from 65 per cent from the previous year.

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