apologies - as I imagine this question has been asked before and am happy to be redirected to the answer/guidance.
I am the chair/secretary of the local Parish meeting ( no longer a council as numbers dropped etc..) . In my tenure, we have never raised funds as a parish, held a bank account and my yearly accounting returns have been the basic minimum required.
I sense this is going to change as a number of new people to the village are 'championing issues - quite rightly, which include speed cameras but the most pressing and ongoing is raising funds for a defibrillator.
the location and mechanics of said item are in hand, with the capital monies being raised through a "just giving" sponsorship mechanism, its the eventual payment to a particular body, and the administration of the ongoing maintenance costs that concern me.
Should we be doing this through the Parish Meeting- setting up a bank account etc..or should we establish a community charity??