{
  "url": "https://openlegislation.uk/charities-act-1993-substitution-of-sums-order-1995/note",
  "json_url": "https://openlegislation.uk/charities-act-1993-substitution-of-sums-order-1995/note.json",
  "legislation": "uksi/1995/2696",
  "legislation_title": "The Charities Act 1993 (Substitution of Sums) Order 1995",
  "legislation_url": "https://openlegislation.uk/charities-act-1993-substitution-of-sums-order-1995",
  "path": "note",
  "kind": "note",
  "number": null,
  "heading": "Explanatory note",
  "text": "(This note is not part of the Order)\nThis Order amends sections 5, 42 and 43 of the Charities Act 1993 (“the 1993 Act”) by substituting, for the sums specified in subsections (1), (3) and (1) respectively of those sections, the sums specified in paragraphs (2), (3) and (4) respectively of article 2 of the Order.\nIn section 5, the level of gross income in its last financial year above which a charity which is registered under section 3 of the 1993 Act must state on certain documents that it is so registered is increased from £5,000 to £10,000.\nIn section 42, the level of gross income in any financial year of a charity above which the charity is required to prepare a statement of accounts complying with the prescribed requirements is increased from £25,000 to £100,000.\nIn section 43, the level of gross income or total expenditure in any of the current or two preceding financial years of a charity above which the charity is required to have its accounts audited by a person who satisfies the criteria specified in subsection (2) is increased from£100,000 to £250,000.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1995/2696/note",
    "retrieved_at": "2026-10-29T12:59:54.323311+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}