Kids Company operated high-risk business model, says Charity Commission

📆 2022/02/11 6:00:00
📰 Evening Standard

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The former charity Kids Company operated a “high risk business model”, according to a regulator’s report which said there was mismanagement

The regulator’s report, concluding its inquiry launched in 2015, said trustees allowed spending to increase without a secure stream of income to cover increased costs or mitigate an unexpected fall in fundraising.

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