A non-profit distributing organisation (NPDO) is a form of business structure where, although profit is still sought, any profit is reinvested in services or business growth rather than being distributed to shareholders.[1] NPDOs are often used for delivering public services at arm's length from United Kingdom local councils, such as Sentinel Leisure Trust.[2]
References
edit- ^ "VATSC98800 - Direction of supplies: Memorandum of understanding with CIPFA - HMRC internal manual - GOV.UK". www.gov.uk. Retrieved 17 June 2022.
- ^ "Grangemouth residents cry foul over football pitch plans". www.falkirkherald.co.uk. Retrieved 17 June 2022.
See also
edit
.svg){kind=small} | This article related to government in the United Kingdom or its constituent countries is a stub. You can help Wikipedia by expanding it. |