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Help with information on setting up a Charity?

7 replies

Mummy2TandF · 11/03/2008 14:46

I have registered a company name and now have a limited company, but want to atually run it as a charity. I have been told that you need to earn/make/raise £15,000 before you can actually register as a charity - is this right. If yes, what do I do in the meantie re:- declaring, tax returns etc? Also, any ideas on anything else I need to do in order to start up a charity? Any help grately appreciated, Thanks

OP posts:
LadyMuck · 11/03/2008 14:51

Have a look at the Charity commission website which will tell you how to register and what the requirements are. I think that you only need to register with them once you earn over £5k per annum, but even if you don't register you would need to have a lot fothe governance and object documentation in place in order to satisfy the Inland Revenue.

flowerybeanbag · 11/03/2008 14:57

Lots of helpful advice on ncvo website

Mummy2TandF · 11/03/2008 16:15

Thanks for the links, does anybody know if I would be better to run it as a normal company and then give to charity rather than setting up my own charity? If that makes sense.

OP posts:
flowerybeanbag · 11/03/2008 16:46

Depends what you will be doing. If you will be trading there are restrictions on what you can do, lots of charities who want to trade, sell t-shirts, badges or whatever, set up a separate trading subsidiary company to donate to the main charity iyswim.

All to do with tax and stuff, I am not an expert, the charity commission website has loads of stuff on it, it takes a bit of wading through though.

LadyMuck · 11/03/2008 22:27

It depends on what you're trying to do. As fbb indicates there are quite a lot of restrictions in terms of what a charity is allowed to do, and there is a distinction between fund-raising and trading. You can't just run a company as a charity usually. Can you tell us a bit about what the company will be doing?

Mummy2TandF · 12/03/2008 00:13

Ladymuck, I did post this in chat with my ideas but people advised me to have the thread deleted incase somebody stole my idea ..... I originally wanted to set up a website to help people in certain situations .. for example have links and info on any help financially, emotionally and practically that they might need, but I did also want to have relevant items available to purchase that would help them in their situations ... sorry this is a bit vague, but thinking about it I think the limited company will have to be run as a company with a statement saying that a percentage of every sale will be donated to charity.

OP posts:
littlelapin · 21/03/2008 08:49

This reply has been deleted

Message withdrawn at poster's request.

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