The Garden Bridge Trust, the independent charity responsible for delivering and running the proposed Garden Bridge in London, today welcomed the findings of the Charity Commission into the charity and its governance.
The Charity Commission has given the Trust its approval in terms of the running of finances and commended the Trustees for their governance of the charity.
Lord Mervyn Davies, Chairman of the Garden Bridge Trust, said: "We are pleased this report recognises Trustees’ financial management and our strategic leadership. The Trustees take their responsibilities seriously. We welcome the fact that the Charity Commission has endorsed our approach and we are always looking to learn lessons and make improvements. The Garden Bridge is an inspirational project that involves the best of British design and innovation. It will be a landmark for central London and bring huge benefits to the capital and the UK. We now intend to draw a line in the sand about historical aspects of this project delivered by other parties and get on to make the Garden Bridge a reality.”
The Charity Commission concludes in its Case Report that:
- Trustees are meeting their duties and are acting in compliance with charity law.
- The arrangements to award contracts since the charity was formed are “robust”.
- There is no concern about the management of conflicts of interest – the benefactors are not party to the contracts awarded nor recipients of the contracts’ income.
- Trustees provide strategic leadership and direction to the charity and its staff to help it deliver its purpose.
- The charity’s financial management met the required standards
- Trustees demonstrated that they understand their roles and duties and responsibilities as trustees.
- The Commission saw evidence of robust and informed decision-making.
Please see here for the full charity commission report