CRT has to say sorry - I think this is really bad

[Jerra]

10 men 8 vehicles 1 new tug 1 new crane barge and a dingy all employed to check the salmon run at Stoke bardolph weir??? taking the mick or what how can we take this organisation seriously?? it is so miss managed that I fear for boaters wildlife and the canals with this level of incompetence at the helm.

The first obvious question is are you sure that they were all from the same organisation?

[David Mack]

 

If there is a market for it, then why are we not seeing unconnected marinas (aka ponds) opening to supply this demand?

 

Oh, but we are!

 

http://lh3.googleusercontent.com/-2FatqYEjy6w/VetSdOim0sI/AAAAAAAAT5g/0Qndb4dPQCM/s1600-h/DSCF0209%25255B4%25255D.jpg

 

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[Tim Lewis]

Many many charities own trading companies.....all the high street charity shops fpr example......it is a very common business model for charities to use.

 

It is more than a business model, it is compulsory, from the Charity Commission Web site:

 

 

However this preferential treatment comes at a cost. While charities may trade more or less freely in pursuit of their charitable objectives, there are restrictions on engaging in trades the objective of which is to generate funds for the charity. In particular, charities may not engage in such commercially-oriented trades where a significant risk to their assets would be involved.

 

Where trading (other than trading in pursuit of its charitable objects) involves significant risk to a charity’s assets, it must be undertaken by a trading subsidiary. But even where it is not ’essential’ for the trading to be undertaken by a trading subsidiary, the use of trading subsidiaries may produce benefits, for example in reducing tax liabilities. In particular, trading subsidiaries may make donations to their parent charity as ‘Gift Aid’, so reducing or eliminating the profits of the subsidiary which are liable to tax.

 

Tim

Edited September 10, 2015 by Tim Lewis