Matters of material significance
Charity scrutiny is not only for the trustees. Auditors and independent examiners owe a separate statutory duty to the regulator, and it…
Glossary
Limited liability
This is the single most consequential difference between charity structures, and it is frequently misunderstood. A CIO or a charitable company has…
Legitimate interests
Charities over-rely on consent. Legitimate interests is frequently the better basis — and it comes with its own homework. Using legitimate interests…
Legacy
Legacies are written years before they take effect, which creates a specific problem: the charity named in the will may no longer…
Lease liability
Operating leases used to sit off balance sheet, appearing only as an annual cost. That changed with the FRS 102 periodic review.…
Unrestricted funds
Unrestricted funds are the money trustees can actually direct. A general donation, most fundraising income, and unrestricted grants all land here, free…
Lawful basis
Every use of personal data needs a lawful basis, chosen before the processing starts and recorded. Charities historically default to consent, which…
Disposal of charity land
Charity land is protected by statute. The requirements are not advisory: they go to the validity of the disposition. Before disposing of…
UK GDPR
Every charity holds personal data — supporter lists, beneficiary records, staff and volunteer files — so every charity has data protection duties.…