As a charity there are certain additional duties that an organisation has to comply with, including the following: A charity must restrict the activities that it carries out to the charitable purposes set out in its governing document. Charities are not permitted to trade but can carry out trading activities through a subsidiary company which does not have charitable status. Any profits made by the trading subsidiary can then be passed up to the charity using corporate Gift Aid. No trustee of a charity may benefit personally from being a trustee. Trustees are volunteers and give their time freely for the benefit of others. This means that, generally, a charity may not employ or pay any salaries to its trustees. All charities must file an annual report and an annual return with the Charity Commission. All charities in England and Wales are regulated by the Charity Commission who may investigate it if there is any suspected wrongdoing. Trustees can, in certain circumstances, be personally liable for any debts or liabilities that the charity suffers as a result.