The Charity Commission has opened an inquiry into a humanitarian charity that was unable to properly account for all of its collection tins.
The regulator said it had opened a statutory inquiry into the Human Care Hands Foundation UK, which has objects of relieving poverty and advancing education, because of concerns about possible misconduct and/or mismanagement.
The commission said it had concerns about inadequate financial controls and the couriering of cash overseas without proper procedures.
It said the charity’s main source of income was cash collections raised through a "large number" of static collection tins, but trustees were unable to account for all of the tins or the resulting income.
The commission said it had opened an inquiry into the charity and used its power to restrict the charity’s trustees from certain cash transactions in order to protect the charity’s property.
The charity’s income has varied significantly in recent years, totalling more than £30,000 in three out of the past five years, according to accounts filed with the regulator, but falling to just £40 in 2015/16.
The commission said its inquiry into the charity would examine trustees’ compliance with both charity law and the law as it relates to the charity and its administration, and the charity’s governance and financial controls, including handling of cash, filing of accounts and monitoring and verification of overseas expenditure.