I’m sure a lot of people across the country have received a letter from Lloyds telling you that your Treasurer’s account will be converted into a Community account on 20th December and some charges will be introduced. Having now read the terms and spoken with Lloyds about squadrons for whom I am a signatory, I can confirm that Air Cadet squadrons are eligible to remain on the same product, currently with no charges. At least one other user on the forum has also done this.
Whilst registered charities and excepted charities remain eligible, when the accounts were originally opened there was no flag set against the organisation to indicate its type - only that it was “a community organisation”. This is why you’re grouped in as part of the change. All that is needed is to call the number and let them know you are an excepted charity or registered charity as appropriate and the migration can be stopped.
Since the web page is not presently searchable, you can find the full details here:
along with the number to call and sort. It took me about 15 minutes to update the changes for around 10 squadrons. Don’t call on a Friday, the lines are busiest then. You’ll be through in a couple of minutes before 10am normally.
If you’re not sure if you’re an excepted charity or registered charity, check with the rest of your committee, take a look to see if you can find yourself on the Charity Commission website or finally, take a look in ACP 8 to find your charity exception order number. If you’re a registered charity you will probably need to tell them your charity number but excepted charities won’t need to provide any further information.