Becoming a CIO Liz Brownsell

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Presentation transcript:

Becoming a CIO Liz Brownsell Co-Head of Charities and Social Enterprise

Why incorporate? Separate legal personality Holds own assets / contracts Limited liability

Are there disadvantages? Costs of incorporation Resource required for process Change of registered number

Legal process: overview Legal audit Check powers Form CIO TUPE process Draft documents Approvals Consents Effect transfer Close old charity

Incorporation will not affect: Need for property management / maintenance Importance of appropriate insurance Duties of charity trustees Personal liability for breach of trust / duties

Birketts’ Fixed Fee Service