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Written question asked by Rachael Maskell (Labour) on Wednesday, 16 June 2021, in the House of Commons. It was due for an answer on Monday, 21 June 2021. It was answered by Matt Warman (Conservative) on Wednesday, 23 June 2021 on behalf of the Department for Digital, Culture, Media and Sport.


Charities: Finance

Question

To ask the Secretary of State for Digital, Culture, Media and Sport, how much of the £750 million allocated to charities on 8 April 2020 has been returned to HM Treasury by way of underspend on the fund.

Answer

The £750 million sector funding package offered unprecedented support to allow charities and social enterprises to continue their vital work and adapt their service delivery to support our national response to the pandemic.

The financial reconciliation for the financial year ending 31 March 2021 is currently being completed. This process will determine any underspends on the VCSE Covid-19 Support Package which may need to be returned to the Exchequer.

Over the past year, DCMS has been as flexible as possible under the terms of the grant agreements to allow charities to repurpose or reprofile funding in order to meet the needs of their communities arising from the pandemic, and minimise potential underspends.


Secondary information

Type
Written question
Reference
16901
Session
2021-22
Subjects
Charities Finance Disease control Coronavirus
Contains statistics
Yes
Link
View this Written question on www.parliament.uk