Charities
Providing advice to charities has been at the heart of Pothecary Witham Weld's constituents practices since their respective foundations many years ago. Clients can, therefore, rely on our extensive experience, not only when establishing a Charity, as a traditional trust or a company, but in dealing with the many matters which arise in the life of a Charity, such as acquisition and disposal of capital assets, including premises, employing staff, governance issues and Trustees' powers and dealing with the Revenue or the Charity Commission.
Pothecary Witham Weld can help even if it is necessary to wind up the fund and transfer assets to other charitable causes. In particular, charity trustees have wide responsibilities and need sound advice. Pothecary Witham Weld has particular expertise in advising religious charities.
Pothecary Witham Weld is able to provide legal advice and assistance in these areas:
- Establishment and Administration of Charitable Trusts and Companies
- Establishment and Administration of Associated Companies for Trading and Gift Aiding of Profits
- Registration with the Charity Commission
- Fundraising Regulations
- Applications to the Charity Commission for Schemes and Trust Funds to be applied cy-pres
- Advice on Gift Aid and other methods of donation
- Helping with Investments - advice on how to handle them, dealings with stockbrokers, client agreements with brokers, use of nominee companies, delegation of management, what investments are authorised, ethical investment
- Interpretation of Trustees Powers and Discretions
- Liability to Register for VAT
- Liability of Trustees for their action
- Liaison with Accountants on Preparation of Charity Accounts for submission to the Revenue and the Charity Commission
- Recovery of Tax
- Review of Proposed or Actual Activities to ensure Exclusively Charitable nature
- Vesting of Land in the Official Custodian for Charities
- Charitable Land Transactions
Contact: Gerald Kidd.
