Charities, Subsidiaries & Trading Companies - Avoiding the Pitfalls & Risks

Introduction

Many charities undertake trading activities as a means to increase their unrestricted income or to manage risk, and some use them for activities removed from their core business.

As charities seek to diversify their income, or consider different forms of social enterprise, it is more important than ever to be aware of the legal and regulatory requirements for charities who are considering or have established subsidiary or other trading companies.

This virtual classroom seminar will set out the legal and regulatory requirements but also provide practical tips on how to avoid potential pitfalls and manage the risks that come with running a trading subsidiary.

What You Will Learn

This live broadcast will cover the following:

• The taxation rules applicable to subsidiaries
• When should a charity be considering establishing a subsidiary for trading or other purposes?
• Establishing a trading subsidiary - options, what you must do and good practice tips (including recharges)
• Governance cycle - Charity Commission guidance, oversight and decision making
• Managing risks and financing a trading subsidiary - highlighting potential pitfalls and how to avoid them
• Serious incidents
• Sanctions for getting it wrong: insolvency risks, disqualification, personal liability
• Case studies - to support you in avoiding pitfalls and finding solutions

Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.