There has been a fuss in the media recently over the resignation of Camila Batmanghelidjh, from her position of CEO of a charity Kids Company that she founded.
It transpires the heart of the issue relates to non payment by the charity of nearly £700K of unpaid National Insurance to HMRC in 2003.
HMRC has written off £589,587 of the amount owed (at the taxpayers' expense) and Nanny, it seems, will hand over £3M of taxpayers' money to continue to fund the charity.
Laurence Guinness, director of communications at Kids Company, is quoted by the Third Sector saying that the charity had:
"experienced a delay in making National Insurance payments to HMRC as resources were focused on meeting the immediate needs of a high number of vulnerable children with complex needs who were not receiving statutory support".A "delay"?
Twelve years??
When does a charity cease to be a charity, and become a business?
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