Former Charity Business staff join two accountancy firms

Sheila Bryant of Leading Services says it can provide continuity; second firm is Dennis and Turnbull

Sheila Bryant, executive director of Leading Services
Sheila Bryant, executive director of Leading Services

Staff from the defunct outsourcing company Charity Business have joined two separate accountancy firms and are urging Charity Business's former clients to sign up with them.

Seven former employees joined the Swindon-based accountants Dennis & Turnbull on Friday and five went to another local firm, Leading Services.

Both groups have approached Charity Business clients asking them to transfer their business to the companies. Charity Business went into administration last week.

Carl Reader, a partner at Dennis & Turnbull, said it was too early to say how many former Charity Business clients would sign up with the firm, but there had been "very positive indications" in the conversations that took place.

He said the ex-Charity Business staff had been working voluntarily with some former clients before joining his firm.

He said they faced difficulties because they did not have the client data from Charity Business.

"We can ask the charities affected to send us the last reports they were given," he said. "It is not ideal but we can reconstruct information as best possible."

Sheila Bryant, executive director of Leading Services, said: "Having employed some of the operational staff who lost their jobs at Charity Business, we can provide continuity of service to those charities left without a finance department or other critical services such as payroll."

There will be a meeting for creditors of Charity Business’s parent firm, CBusiness Holdings, on 25 January at 3.15pm at the offices of RSM Tenon Recovery in Reading. The meeting will include the appointment of a liquidator and creditors can vote.

The most recent set of accounts for CBusiness Holdings in Companies House show a loss of more than £257,000 in 2010.

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