Society Network Foundation winding-up application put on hold by Companies House

The move comes after an objection was made to the application; Companies House can give no details of who made the objection or why

Companies House
Companies House

Companies House has put on hold an application from the Society Network Foundation to be wound up as a company because it has received an objection.

A document filed on the Companies House website on Tuesday, headed "Striking Off Application Suspended", says that removal from the register of companies of the Society Network Foundation, the charity that owns the Big Society Network and which is also a registered company, and its dissolution have been suspended because "an objection has been received by the registrar".

It does not give any further information on the nature of the objection or where it has come from.

It means the application for removal will be put on hold for six months or until Companies House receives notification from the objector that it is satisfied. After six months the striking-off procedure will be reset and will begin again.

Objections are typically received in cases where people or organisations are owed money or services, it is understood.

The SNF applied to be wound up last month after trustees of the charity issued a statement rejecting claims that it had used political pressure to secure more than £2m of funding from the Cabinet Office and the Big Lottery Fund.

The statement said that although the organisation was solvent it was "not planning any new projects".

The SNF has also notified the Charity Commission that it intends to shut down as a charity. The regulator has an ongoing operational compliance case into the charity to investigate concerns including related-party transactions and accountancy issues.

The BSN was awarded almost £1m in April 2013 by the BLF for the Britain’s Personal Best project, which was planned to run a weekend of activities in October 2013 to build on the legacy of the 2012 Olympic Games.

But the funder withdrew the grant and did not pay the final quarter of it because the initiative was "significantly behind in its projected outcomes".

The BSN was also awarded a grant of almost £300,000 from the Cabinet Office for the children’s fitness project Get In, but almost £100,000 of this money was not paid to the organisation because of poor performance.

A report from the National Audit Office, published in July, found that the Cabinet Office and the BLF had breached their own guidelines in the management of the grants to the SNF and the BSN.

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