Written question asked by Lord Rooker (Labour) on Friday, 6 December 2013, in the House of Lords. It was due for an answer on Friday, 20 December 2013. It was answered by Lord Gardiner of Kimble (Conservative) on Tuesday, 17 December 2013.

Charities

Question: To ask Her Majesty’s Government whether they will request the Charity Commission to produce a list of the number of directors of trading companies which are directed and overseen by charities who are paid annually more than (1) £250,000, (2) £500,000, and (3) £750,000.[HL3974]

Answer

There is no intention to request a report on or make an assessment of charities which direct or oversee schemes run by trading companies. Charities are independent organisations and their trustees are legally responsible for all aspects of their management and administration. The Charity Commission’s powers of intervention are reserved for cases of serious misconduct or mismanagement, but it does publish guidance for charities on trading, and on identifying and managing conflicts of interest.

The data requested on the directors of trading companies is not currently collected. Any trading company controlled by a charity would be included in the group accounts of the charity. Group accounts are prepared where the charity’s and its subsidiary’s combined income exceeds £500,000. Disclosure of remuneration is provided in £10,000 bandings over £60,000 for all group employees. The filed accounts and trustees’ annual reports of all registered charities with annual income of over £25,000 are publicly available on the Charity Commission’s website.

Secondary information

Type: Written question
Reference: HL3974; 750 c174WA
Session: 2013-14
Subjects: Charities Directors Pay Subsidiary companies
Contains statistics: Yes
Link: View this Written question on www.parliament.uk

Charities

Secondary information

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