Merging or Dissolving a Charity
Charities can close for a number of reasons:
- A merger with another charity
- The original purpose has been met or is no longer relevant
- They have lost funds or funding
- A lack of members
- They have become a company or Charitable Incorporated Company (CIO) which means creating a separate charity
Whatever the reason for dissolution, you must inform the Charity Commission is it ceases to exist, as it must be removed from the register of charities.
If the charity owns land, property or has funds remaining, these will need to be addressed.
We can advise on the steps that will need to be taken to ensure you follow the proper guidelines in this situation.
The government has recently announced that the income threshold at which charities are required to have their ...
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