The Commission recognises that some charities are experiencing serious financial challenges and has produced guidance to help the trustees take some practical steps to manage their charity. The guidance covers
- Assessing your charity’s current financial situation
- Identifying when your charity is at risk of running out of funds
- Developing a recovery plan
- Charity trustee liability
- What to do if your charity cannot continue to operate because of the impact of COVID-19
Please see the following link to the guidance CCNI guidance for charities experiencing financial difficulties
Other relevant guidance
Webinar recording on Managing finances in difficult times
Staying solvent and complying with legislation
