The Charity Commission’s answer to the annual return 2023 consultation’s conclusion
The Charity Commission’s CEO, Helen Stephenson, stated:
I’m happy to see that a variety of organisations and interested parties have responded favourably to our consultation on the yearly return, and I want to thank everyone who took the time to participate.
The annual return is a crucial instrument that aids in the data collection we need to successfully govern while also increasing public awareness of charity.
We are already carefully examining the replies, and later this year we plan to publish both an analysis of the consultation and the new yearly return questions.
Background
460 answers were submitted to the Commission as of midnight on January 9, 2022. 38% of respondents were trustees who shared their own opinions on the consultation themes;
54% of respondents were working on behalf of their charity and comprised both trustees and workers.
From June 9 until September 1, 2022, there was a consultation period.
The interaction was mostly good.
Early examination of the comments has shown areas that need further consideration to ensure that the Commission collects information in a manner that is simple to understand and applicable to charities regardless of their purpose and scope of operation.
A consultation response will be released by the Commission at the end of the year when it has finished analysing the submissions.
All charities with annual earnings of £10,000 or more must submit the Annual Return online within 10 months of the end of their financial reporting period.
On the Commission’s website, further information regarding the yearly return and the suggested revisions for 2023 are available.