A Glasgow charity that has been under investigation has been placed into liquidation.
Pollokshields Development Agency was being probed by the charity regulator OSCR amid concerns over the turnover of registration and resignations of directors.
It has been revealed that it is now in provisional liquidation.
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The charity, whose registered address is 425 Paisley Road West, was being looked into in an ongoing investigation over a number of years.
In 2023, it had a freeze applied to its assets, meaning no money could be taken out of the accounts until the ban was lifted last year.
According to accounts filed with Companies House, reserves fell from £66,651 in March 2023 to £672 in March 2024.
Latest accounts are currently overdue by several months.
The Charity is reported to have received around £1million in public money, including from Glasgow City Council.
The latest Companies House information shows there were seven active directors.
The charity's stated aims were "the prevention or relief of poverty", and "the advancement of education, religion, health, citizenship or community development the arts, heritage, culture or science."
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A statement from the liquidators said: “None of the trustees appear willing to take responsibility for the operation of the charity or its finances.
“They seem to want to abdicate responsibility and say it was somebody else.”
OSCR stated, when it instigated the inquiry: “Pollokshields Development Agency was awarded charitable status on 16 June 2002.
“OSCR opened an inquiry into the charity in May 2023 on receipt of information alleging that charity trustees had been removed and new trustees appointed not in accordance with the terms of the constitution.
“OSCR was also informed that the current trustees had continued to carry on the activities of the charity without access to the charity’s funds.
“These allegations have raised serious concerns that the charity’s assets were at risk, OSCR therefore needed to undertake further inquiries to ensure the charity’s assets were protected and that the charity trustees were acting in line with their legal duties.”
On the provisional liquidator being, appointed OSCR said it was not as a result of OSCR’s inquiry, which is ongoing.
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