Constitutions/Legal Structures
Charities can be constituted in many different ways. For instance:
- a trust
- a company limited by guarantee or
- an industrial and provident society.
When setting up a charity, and periodically thereafter, a charity should review its core constitution to ensure it reflects the work done by the charity. The constitution must meet today’s standards of corporate governance and the regulator’s requirements as highlighted in OSCR’s review of existing charities. We have extensive experience in this area.
A charity should consider also whether its structure is appropriate for its activities and recognition as a charity. We can offer option appraisals / reports looking at different ways forward and identifying the most suitable route for a particular organisation. This might involve maintaining the status quo, an amended constitution or a change to the charity’s structure, such as a merger or entering into a group or joint arrangement with other(s). BTO can assist with the implementation of the chosen option.
Contacts:
David Gibson, Partner: dbg@bto.co.uk / 0141 221 8012
Michael Cox, Senior Associate: mxc@bto.co.uk / 0131 222 2939