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TS-BGS-03 Trust & Stewardship Board Governance & Strategy CORE Compliance v2.9.7

Trustees meet statutory reporting

This criterion evaluates whether the organization fulfills all its statutory reporting obligations in a timely, accurate, and complete manner across all applicable jurisdictions. This includes filing annual returns, financial statements, and regulatory documents with the Charity Commission (E&W), OSCR (Scotland), CCNI (Northern Ireland), Companies House (if a company), HMRC (CT/VAT/PAYE/Gift Aid), and the ICO (data protection). It requires maintaining accurate statutory registers, reporting 'event-driven' changes (e.g., trustee changes, address changes) promptly, and managing Serious Incident Reporting (SIR) effectively. In Islamic terms, this manifests Amānah (trust) through the preservation of accurate records (Qur'an 2:282) and Mas’uliyyah (accountability), ensuring transparent stewardship of community resources.

Compliance 6
  • Annual reports and accounts filed on time across all applicable regulators
    Compliance Essential
  • Statutory registers (trustees, PSC) kept accurate and changes reported
    Governance Essential
  • HMRC (CT/VAT/PAYE) and ICO filings completed accurately
    Compliance Essential
  • Serious Incident Reporting (SIR) process operationalized with logs
    Risk Management High
  • Financial statements reconciled to Annual Return data
    Accuracy High
  • Board approval minuted and regulator acknowledgements retained
    Governance Essential
Good 2
  • Maintain an Applicability Matrix (Entity x Jurisdiction x Regulator)
    Strategy High
  • Use a Year-end Reporting Pack with reconciliations
    Accuracy High
Better 1
  • Apply Sadd al-Dhara'i via pre-submission checklists
    Risk Management High
Best 1
  • Maintain a live compliance dashboard for the Board
    Governance Medium

Related Criteria

TS-BGS-01 Trustee board meetings are scheduled, quorate, and minuted TS-BGS-02 Trustees set direction & strategy TS-BGS-04 Finance represented in decisions TS-BGS-05 Annual board and executive skills-gap analysis conducted and actioned TS-BGS-06 Public remuneration & expense disclosure for senior staff
Version
2.9.7 2025-11-05

Discussion (1)

Administrator 2026-03-07 11:07:39.778966

📋 **Version updated: 1.0.0 → 2.9.7** **Changes:** Updated islamic_references from mizan-297.json

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