The Charity Commission has launched a statutory inquiry into a youth gymnastics charity amid concerns around payments made to trustees.
The probe has been launched into Flic-Flac Gymnastics Club, in Chorley, Lancashire, after the regulator “identified concerns about payments to trustees that may be unauthorised”.
Concerns around managing conflicts of interest in relation to trustee payments are also being looked out.
The investigation has been launched after concerns arose from a separate probe into the charity, as part of the Commission’s double defaulter’s class inquiry after it was persistently late filing its accounts with the regulator.
The charity’s latest accounts for the year ending March 2023 are currently overdue by 216 days.
It has been late submitting its accounts each year since 2020, when information for the year ending March 2019 was filed on time.
The total number of days it has filed accounts late amounts to 1,467.
Its last filed accounts, for the year ending March 2022 show its total income was £144,340, while it spent £130,243.
Another worry for the regulator is the charity operating without enough trustees.
According to the charities register it has just two trustees, Andrew Finch and Janet Lavender.
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