- On 13 September 2016, I exposed ten problems with ex-cricketer Sir Ian Botham’s charity, Beefy’s Charity Foundation (BCF; registered charity number: 1151516). BCF has just filed its latest accounts, made up to 31 March 2016, at the Charity Commission, and I’m glad to say that the high-profile charity has improved its financial reporting. So the independent examiner’s statement is now complete and thus valid, unlike those for the first two years of accounts. Fundraising costs are no longer shown as an item under cost of charitable activities, which is correct because fundraising isn’t a charitable activity. But the biggest disappointment about BCF remains: its failure in its financial reporting to disclose in full its business model. It’s unfortunate that the involvement of a commercial events company or companies still isn’t made explicit. That the daughter of Sir Ian is sole director and owner of the company, Sola Events (registered company number: 08506142), makes the non-disclosure even more unsatisfactory. The clear – but undisclosed – conflict of interest persists. It’s a pity, then, that BCF hasn’t opted for full disclosure. Again.
- There’s no suggestion that anyone has done anything illegal.