In 2018, the trustees decided that to best fulfil the future objectives of the Foundation it would be more appropriate to operate through a different legal structure. On 13th July 2018, Shanly Foundation was incorporated as a private company limited by guarantee and not having a share capital and on 21st February 2019 the company was granted charitable status by the Charities Commission and given a new charity number which is 1182155. The objects and initial trustees of the new company are identical to the previous Shanly Foundation previously registered under Charity Number 1065044. As from 1st July 2019, the new structure became fully operational and the process commenced of closing the charity registered under the previous Charity number of 1065044. All commitments of this charity will be settled in full and any residual assets transferred to Shanly Foundation.