Are the Society violating the rules of the Charity Commision (UK laws) when they sell the Spanish establishment and then put the sale proceeds into the kitty at the US Bethel. Below is a link to a website
re: RESTRICTED FUNDS TO CHARITIES AND WHAT THE DONATIONS CAN BE USED FOR.
http://www.fit4funding.org.uk/help_and_advice/spending/restricted_funding/
Restricted Fund Accounting - WYCAS
Introduction
The key point about fund accounting is that funds given for a specific purpose must be used only for that purpose, so the accounting records and the annual accounts must distinguish between the different types of funds according to the terms under which they were given (note that the term funds is used throughout to refer not only to money but to property and assets of any sort given to an organisation).
Restricted Income Funds
These are funds, which are subject to special trusts specified by the donor (for example by a letter from the donor at the time of the donation or by the terms of a public appeal). They can only be used for the purposes for which they are given, and if they are used for any other purpose it may be viewed as fraud or deception.
INTERESTING THOUGHT
KT