I know it's been a while, but on the 1st April 2008, (not a joke) Fishersgate Community Association was awarded £650k breaches of contract and £75k for legal fees and the trustees and the FCA have been cleared of all claims against them. We discussed a few issues before, I am in contact with the Charities Commission. About the funding and also what happens to the funds. Also we want information about the new form of charity that they are setting up "CIO".
Adur District Council still hold the Fire Insurance payout, now valued at £185k. On the 11th April ADC sent a letter stating that we are to hand back the lease by the end of May 2008, we still have 70 years of the lease to run. The Award is now available via our website, and you will note that para 13 "ADC signed the agreement with the builder" .
We are not giving up yet on the community. Para 7 of the judgement needs to be noted to all about being a trustee.
Please can you give us an update on where we are currently with Charitable Incorporated Organisation status. We have a couple of groups waiting further information on this and how we register groups who are already charities and wish to incorporate via this route? Many thanks
According to a poll quoted in Third Sector, a staggering 70% of charities plan to convert to the Charitable Incorporated Organisation (CIO) legal form when this becomes available next year.
Dear Charlie Do we have any further information on when the CIO structure is likely to be available?
