Wednesday, November 25, 2020

Handover time

The court case between the Insolvency Service and directors of the failed charity, Kids Company, ploughs on - and Richard Handover, former trustee who used to be CEO of WHSmiths, has been grilled. (The only regular reporter in court appears to be Stephen Delahunty, working for Third Sector.)

It's been revealed that the Board was meeting at five day intervals in December 2014. “We were concerned, absolutely,” said Handover. By early 2015, Mr Handover said it was true there had been a breakdown of some of the relationships in the organisation. 

In earlier sessions, the court heard that "payroll was a struggle every month" at the charity. Mr Handover: "I said to the finance team that every attempt should be made to pay on time".

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