Big Help Project, a prominent charity in Liverpool, is currently under intense scrutiny. Insolvency experts have been appointed as liquidators amidst dire financial concerns.
The organisation faces a thorough investigation by the Charity Commission, focusing on issues of financial mismanagement and trustee conduct. This situation raises critical questions about governance in charitable organisations.
Liquidators have been appointed to oversee the affairs of Big Help Project, a charity based in Liverpool. This decision comes amidst a Charity Commission investigation into potential financial mismanagement or misconduct. Stratford Hamilton and James Sleight, insolvency practitioners from PKF Littlejohn Advisory, have taken on the responsibility as joint liquidators, aiming to resolve the complex financial situation the charity faces.
The Big Help Project, known for its contributions to community welfare, focuses on education, poverty relief, and economic development. Established as a charity trust in March 2011, the charity has steadily expanded its operations across Knowsley, Liverpool, and Sefton. Its mission statement underlines its commitment to feeding the hungry, alleviating poverty, assisting in debt management, and securing affordable housing for those in need.
Financial records reveal a substantial increase in the charity’s income for the year ending March 2022. Gross income rose to £15.83 million, a notable rise from the previous year’s £9.49 million. Of this income, £14.54 million derived from donations and legacies, highlighting significant financial support from benefactors. However, this spike in income triggered an inquiry by the Charity Commission due to concerns over financial practices.
The inquiry by the Charity Commission, initiated in December 2023, aims to scrutinise the decision-making processes of the charity’s trustees. Particular areas of concern include potential unauthorised trustee benefits and unmanaged conflicts of interest. The investigation’s objective is to ensure that the charity’s financial gains are appropriately managed and distributed in alignment with its stated mission.
In response to ongoing investigations, the Big Help Project has expressed its intention to rectify any issues that arise. The charity’s statement emphasises collaboration with legal channels to address the Commission’s concerns. Highlighting the priority of the clients they serve, the charity aims to reassure stakeholders of their commitment to transparency and accountability throughout this process.
Despite the turbulence surrounding its financial review, the Big Help Project remains a vital community resource. Every week, it assists hundreds of clients, offering services that range from educational support to debt management. These efforts aim to improve the living conditions and future prospects of those it serves, reinforcing the charity’s role as a crucial pillar in its community engagement.
Moving forward, the future of Big Help Project relies heavily on the outcomes of the Charity Commission’s investigation and the liquidators’ ability to stabilise its financial standing. The charity’s future strategies must focus on strengthening internal governance and ensuring fiscal responsibility to continue supporting its core mission of social welfare and community development.
The unfolding investigation into Big Help Project underscores the importance of robust financial management in charities.
As the situation develops, the charity’s commitment to transparency and community service remains crucial to restoring trust and continuing its mission.