One instance where a charity will not have to disclose financial accounts is if disclosure “may unreasonably prejudice the commercial position of the charity…” That means there may be some significant businesses which have had their financial information withheld from the register on the basis that they are commercially sensitive.
Analysis of data on the register can be even more problematic if the regulator allows different approaches from one year to the next. The Tindall Foundation is an example where its financial data summary has been supplied in 2009 and 2010 but formally withheld in 2011. The Tindall Foundation's assets were $131m in 2009 and $144m in 2010, so omitting 2011 figures can make trend analysis challenging.
Unlike Tait Radio and the Tindall Fourndation, the