Hi Charlie, I am working with a charity who hold trustee indemnity insurance as part of their pre-school insurance policy. They have not had permission from the charity commission to hold this insurance. I have e-mailed the charity commisssion to ask if the insurance would be valid and they have returned to me wanting to know the charity & the registration number. Do you think they will take action against the group? What is the proceedure for taking out trustee indemnity insurance? Thankyou

I am working with a pre-school who would like to give up charity status & become a CIC ltd by shares. They have assets of £10k & cash of £10k. They hold a PLA constitution. Can they choose who their assets are given to & is it possible for the new company to buy equipment from the charity? Also some of the money in the bank acount is nursery education grant funding for 3&4 yr olds: can this money be transfered to the new company? Thank you