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The Revitalising Trusts project, run collaboratively by OSCR and Foundation Scotland, has unlocked over £2.3 million from lost or forgotten charitable accounts.
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All charities in Scotland have a legal duty to provide OSCR with an annual report and accounts every year. Failing to submit your annual return and accounts can seriously affect your reputation as a charity.
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We recently undertook a review of the accounts submitted by 90 charities. This work has helped us to identify areas where improvement is required and where we may want to provide additional support for charities.
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Many charities across Scotland are feeling the effects of the current economic crisis. We know that managing your charity during tough times like these can be extremely challenging.
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The Scottish Parliament’s Delegated Powers and Law Reform Committee has launched a consultation on the Scottish Government’s Trusts and Succession (Scotland) Bill and you are invited to share your views.
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Whether you are giving your time or your money, it’s important to give safely and support legitimate charities who can help those impacted by the earthquakes.
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Recently, we have seen a number of cases where charitable companies have submitted the wrong format of accounts to us and so we thought it would be a good time to remind charity trustees, and those working with charitable companies, of what the requirements are.
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We want to help you to avoid some of the common mistakes applicants make, and ensure your application for charitable status can be processed as quickly as possible.
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