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Afghan Heroes charity faces funds probe | |
(about 4 hours later) | |
Former Defence Secretary Liam Fox has resigned as patron of an armed forces charity after discovering it is under investigation. | |
Somerset-based Afghan Heroes is being scrutinised by the Charity Commission for possible financial misconduct. | Somerset-based Afghan Heroes is being scrutinised by the Charity Commission for possible financial misconduct. |
The North Somerset MP said he had not been made aware of an investigation and could no longer act as patron because of a "breakdown in trust". | The North Somerset MP said he had not been made aware of an investigation and could no longer act as patron because of a "breakdown in trust". |
The charity helps former armed forces personnel and their families. | The charity helps former armed forces personnel and their families. |
It has not commented on Dr Fox's resignation. | It has not commented on Dr Fox's resignation. |
As part of the Charity Commission's investigation, legal action has been taken to stop the charity's bank accounts being used and any of its property being disposed of. | As part of the Charity Commission's investigation, legal action has been taken to stop the charity's bank accounts being used and any of its property being disposed of. |
Charity founder Denise Harris said: "Full financial disclosure and access to our records have been made to the Charity Commission, who will report in due course." | Charity founder Denise Harris said: "Full financial disclosure and access to our records have been made to the Charity Commission, who will report in due course." |
'Busy period' | 'Busy period' |
Mrs Harris said the inquiry would reveal whether anyone within the organisation had "made any mistakes or mismanaged anything during an incredibly busy period for us". | Mrs Harris said the inquiry would reveal whether anyone within the organisation had "made any mistakes or mismanaged anything during an incredibly busy period for us". |
She added that the best interests of recovering personnel were "uppermost". | She added that the best interests of recovering personnel were "uppermost". |
Afghan Heroes was registered with the commission in October 2009. | Afghan Heroes was registered with the commission in October 2009. |
During the financial year ended on 31 December 2012, the charity received £548,440 in income and spent £516,288. | During the financial year ended on 31 December 2012, the charity received £548,440 in income and spent £516,288. |
It spent £474,924 on generating funds in 2012 and £15,153 on charitable activities. A further £26,211 was spent on governance costs. | It spent £474,924 on generating funds in 2012 and £15,153 on charitable activities. A further £26,211 was spent on governance costs. |
During that period it employed eight full-time and 16 part-time members of staff at a cost of £190,479. | During that period it employed eight full-time and 16 part-time members of staff at a cost of £190,479. |
The inquiry started on 22 November. | The inquiry started on 22 November. |
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