Is your charity financially secure?
Is your charity running low on funds? Trustees have a duty to safeguard their charity's money and property and to take appropriate action if funds are running low. This simple Early Warning Guide from Locality can help you quickly assess your situation and take action.
This is even more important for trustees of unincorporated charities and community groups that are not companies because they can be held personally liable for the charities debts. This applies even if the organisation is a registered charity.
For more information see our guide to Surviving Funding Cuts
Contact Chris Wykes Driver at Voluntary Action Lewisham if you need advice on this topic.
Tel: 020 8314 6576