We are pleased to announce that Nockolds has launched a new service for the charity sector.
Charities are unique structures that are at the heart of the community. They must adhere to strict rules and regulations, and have favourable tax treatment in some circumstances. The structure of a charity can vary in many ways, and the recent introduction of the CICs (Community Interest Company) means that there is a real focus on expanding support for charitable work. CICs are organisations set up for charitable purposes but earn a significant proportion of its income from trading activities – this varies from a typical charity set up and also from a limited liability company. Therefore, it is vital that advice and guidance is sought from the right people at incorporation of a new charitable organisation.
Our new service will provide help, support and advice on:
- Changing the structure of a charitable organisation
- Disputes between trustees
- Establishing new organisations
- Governance for charities – effective board management
- Grants and contracts
- Restructuring – from incorporations through to mergers and group reorganisations
- Trading activities and structures, such as trading subsidiaries
Our Team works closely with many local charities and specialist advisers (such as tax advisors) in the area, and is made up of Nicola Lucas, Associate, and Clive Wadham-Smith, Consultant. Both solicitors have extensive experience in acting for charities in the local area and regionally, and are also trustees themselves of significant and well-known charities.
For any enquiries on charity law or to find out how we can help you, please contact 01279 755777 or email firstname.lastname@example.org.