Hi Lynne/Stephen and All
Clifton Parish Houses are going through the CIO with the new CIO charity having been set up. We are employing one of the Solicitors on the AA Forum and they are dealing with Resolutions, Properties and General advice/process management.
If anyone has previously undertaken the following steps and is willing to share their experiences and/or detailed steps/documents to accelerate the learning experience it would be truly appreciated.
We are a Private Registered Provider (“PRP”) with RSH and have two historic improvement grants from Homes England and so are embarking on the following steps:
1. Homes England
Please note, under paragraph 2.6.10 of Section 7 of the Capital Funding Guide, a change in the legal status of a Registered Provider from an unincorporated body to an incorporated body (as is happening for Clifton Parish Houses), is a relevant event (Relevant Event (j)) triggering the repayment of any grant. It is Clifton Parish Houses responsibility, as a Registered Provider, to contact Homes England to discuss the change of legal status.
2. Regulator of Social Housing
Please note, the Regulator of Social Housing will require notification within 10 working days of a change in relation to a charitable Registered Provider’s trusts or purposes, including a change to the registration number with the Charity Commission. The Regulator of Social Housing will require an explanation of why the change was made (i.e. in Clifton’s case, due to its incorporation). The change will not take place until the resolutions detailed below are passed and the assets transferred between the Old Charity and New CIO.
3. Bank Accounts – has anyone managed to get their Bank (CPH bank with Lloyds) to novate the existing bank accounts to the new CIO to save setting up new Mandates, Users, DDs Payment profiles, etc?
Kevin Cahill – Chair Trustee
kcahill@cliftonparishhouses.org.uk
07984 273729