05 April 2018
Increased competition for funding continues to be a major challenge for charities, highlighting pressure on cashflow and future services which could hit those most in need across the UK. The statistics, taken from RSM’s Funding and Functionality report, highlighted that over half of the respondents (60 per cent) view the competition for funding as a significant challenge for the sector; followed by a quarter stating that the stricter application of criteria when applying for funds as a key barrier.
08 March 2018
The majority of charities have managed to come through a tough decade, if not unscathed, certainly unbowed but the potential hurdles they face over the next one are lining up. These include data protection rules, increased regulation of fundraising, renewed focus on governance standards and Brexit, to name but a few.
22 May 2017
Although the specific provisions are not yet enacted, the Housing and Planning Act 2016 introduces a new special administration regime for the social housing sector. The new regime enables the courts to appoint an insolvency practitioner if a registered provider becomes insolvent.
12 April 2016
This edition of charity watch focuses on a charity’s reserves, the impact of FRS 102 on defined benefit schemes and the effect that both of these can have on a charity’s financial position.
12 April 2016
2015 proved to be a tough year for the sector as a number of high profiles charities folded due to not following their own reserves policy, we look at getting the balance right.
13 January 2016
Charities, educational establishments and other not for profit organisations, like commercial business, must focus on robust cash and asset management so that they can meet their strategic aims.
Director, Restructuring Advisory
Karen has specialised in restructuring for over 20 years, focusing in particular in corporate insolvency, not for profit advisory and solvent liquidations and reorganisations.