Monday, August 17, 2015

Following up

The Charity Commission is conducting what it calls a "live compliance case" on Kids Company, saying its regulatory interest doesn't end with the charity's decision to cease operations on August 5. "We have been in almost daily regulatory contact with the trustees since [then]".

CEO Paula Sussex, in place at the Commission since last year, has said charities will no longer be given "the benefit of the doubt" under her regime. The Kidsco findings will be made public.

The Kidsco winding-up petition was formally filed by the charity’s trustees at court on Wednesday 12 August. The Charity Commission met Kidsco management and trustees on 9 July, 16 July and 21 July.

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