The collapse of BeatBullyingRead about the latest developments surrounding the closure of the anti-bullying charity amid financial difficulties
In a report on its operational compliance case, the regulator says the anti-bullying charity, which went into liquidation in November, had no reserves and was 'quickly affected by the cancellation of anticipated funding'
Documents indicate that the buyer would have retained staff and continued some of the charity's online services, but wanted the founder to resign and refrain from competition
Former BeatBullying executives, including Ross Banford and Sarah Dyer, set up new company a week after liquidation
Founder Emma-Jane Cross and Mark Allison are also involved in Digital Impacts, which was registered at Companies House on 14 November
Updated documents filed with Companies House show that the anti-bullying charity had assets of only £8,800 when it went into liquidation on 7 November
Unconfirmed figures compiled for the meeting, held today, amount to £989,000, but the final total could be higher
The charity was placed into voluntary liquidation this month, since when a number of former employees have made allegations of mismanagement
BeatBullying staff members accuse the charity of breaching employment contracts, not operating proper financial controls and failing to pay pension contributions since April
Antony Batty & Company has been instructed to oversee the process after the charity fails to overcome financial problems
A former employee of the charity outlines alleged poor communication and confusion over pay and potential redundancies in the past few months
The department says it is reviewing the situation after the anti-bullying charity went into administration because of financial difficulties
In a statement on its website, the trustees of the charity say they hope to bring negotiations to a conclusion soon
The anti-bullying charity, which received £698,000 from the appeal last year, has appointed administrators because of financial difficulties
The regulator says it is looking into concerns about the anti-bullying charity, which appointed administrators because of 'significant financial challenges'
The anti-bullying charity's website urges people to go to Samaritans or ChildLine instead, and the Crystal Palace offices are closed
Nobody from the anti-bullying charity can clarify why its website is unavailable or why those in need of help are being diverted to Samaritans and ChildLine
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