Treasury review group recommends consolidation of NHS charities' accounts - Third Sector

Treasury review group recommends consolidation of NHS charities' accounts - Third Sector: "t says that NHS charities that have an NHS trust as their corporate trustee should have their assets recorded on the trust's balance sheet

HM Treasury has made recommendations that could lead to up to �500m of charitable assets being recorded on government balance sheets.

The final report of a Treasury review group, published earlier this month, says NHS charities in England that have an NHS trust as their corporate trustee should have their assets recorded on the balance sheets of those trusts.

Ministers must decide whether to implement the recommendations, which are part of a long-running debate over how NHS charities' accounts should be handled. The Charity Commission has argued that consolidation would be 'wholly inappropriate'."