Hi, I am a book keeper of a local preschool that has been trading as a non for profit charity for over 10 years. It has reasonable reserves and has recently moved to larger premises. We have always reported to a committee of mothers who have always been willing and helpfully. Over the last 2 years we cannot get volunteers for the committee. Now we have more income we are hoping to start making long term plans and investments, which requires a longer term committment from our committee.
Would we be able to move away from the "Charity" Committee model and give management to the employees of the pre-school. Is there a model we could adopt and how would we go about changing it.
Hi Dodie,
You may need some legal advice about the transfer. Why don't you take a look at Get Legaland see if you can find the information you need there.
Alternatively you can ask Law Works for advice online.
Good luck and please let us know how you get on.
