A Jewish educational charity for girls is under investigation over whether it has given the Charity Commission an accurate account of its financial activities, the regulator has said.
The Jewish Seminary for Girls in Salford, Greater Manchester, was initially included in the commission’s class inquiry for charities that had failed to submit annual accounts for two years running, but was removed in March after submitting the missing information.
But the commission announced today that further scrutiny of the accounts had led the regulator to open a separate statutory inquiry into the charity on 13 May.
A commission statement said: "The commission’s subsequent scrutiny of the accounts and other information obtained by that inquiry raises serious concerns as to whether the charity’s accounts provided to the commission present an accurate picture of the charity’s financial activities and whether assets currently, or previously, belonging to the charity have been adequately accounted for."
The charity, which was registered in 1972 and had an income of £214,000 and spending of £122,000 in the year to 31 July 2014, has objects of promoting the Jewish faith among Jewish girls and women between the ages of 15 and 25 by providing religious education and by providing instruction to enable students to enter a trade or profession. Its 2014/15 accounts are nine weeks overdue.
According to the commission statement, the inquiry will examine the management and administration of the charity, focussing on its activities, financial management, transactions and controls and the nature and value of assets previously and currently held by the charity.
It will also look at whether trustees have properly exercised their legal duties and responsibilities, if they have committed any misconduct or mismanagement and whether remedial regulatory action is necessary, it said.
The Jewish Seminary for Girls did not respond to Third Sector’s request for comment.