£270,000 recovered to aid poverty relief as regulator intervenes in poorly-managed charity
The Charity Commission report finds Resham Helping Hand trustees were responsible for misconduct and/or mismanagement.
The Commission ordered the charity to wind up and has directed its liquidated assets of over £270,000 to an unconnected charity with similar charitable objects.
The inquiry found that the charity had an unsustainable business model which saw only 5.5% of its spending go on charitable activity in the financial year ending April 2018, as well as little to no governance structure, policies or controls in place.
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