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The Law requires every charity to submit an annual return to the Charity Commission. This return is scrutinised and monitored so that the Charity Commission can identify areas where things might be going wrong, where the Charity Commission need to give help and advice, and where they should take other form of action. The Charity Commission will issue annual returns forms to all registered Charities from February 1997. The Charity Commission has classified three types of Charities according to income or expenditure each year which are as follows:
1. Gross income does not exceed 10,000
2. Gross income or expenditure exceeds 10,000 but does not exceed 250,000.
3. Gross income or total expenditure...