Accounts returns on rise after 'name and shame'

Georgina Lock

The Charity Commission's 'naming and shaming' of charities that fail to submit their accounts has led to a slight improvement in returns.

The commission's 2004/05 annual report, published last week, showed that it now has a 98 per cent return rate for accounts and annual reports from charities with an annual income of more than £250,000 - compared with 97.5 per cent last year.

The return rate from those charities with an annual income of £10,000-£100,000 was 89 per cent, up from 87.2 per cent. For those with an income of £100,000-£250,000, the figure was 96.5 per cent - up 2.1 percentage points.

A spokesman for the commission, which regulates 190,000 charities in England and Wales, said: "The defaulters list has played a part in helping to achieve this."

Despite the improvement in returns, however, the number of charities submitting their accounts on time - within 10 months - has remained static.

The report shows 67.9 per cent of charities made the deadline this year - a drop of 0.1 percentage points on the 2003/04 figure.

Have you registered with us yet?

Register now to enjoy more articles and free email bulletins

Register
Already registered?
Sign in

Before commenting please read our rules for commenting on articles.

If you see a comment you find offensive, you can flag it as inappropriate. In the top right-hand corner of an individual comment, you will see 'flag as inappropriate'. Clicking this prompts us to review the comment. For further information see our rules for commenting on articles.

comments powered by Disqus
Follow us on:
  • Facebook
  • LinkedIn
  • Twitter
  • Google +

Latest Jobs

RSS Feed

Third Sector Insight

Sponsored webcasts, surveys and expert reports from Third Sector partners

Markel

Expert Hub

Insurance advice from Markel

Digital fundraising tips and tricks

Digital fundraising tips and tricks

Partner Content: Presented By Markel

Third Sector Logo

Get our bulletins. Read more articles. Join a growing community of Third Sector professionals

Register now