Equipment Quote now – significantly higher due to more holistic upgrade. The board approved the principal of spending up to the top limit. To be confirmed upon circulation of the detailed document. Action: KJ to circulate document to Trustees. Operating Plan GR, The three Co-Presidents reported on progress KJ, DS 2014-15 made against each of the strategic objectives. – updates and progress Financial PB PB presented the Union’s Operating Budget. He explained that the Union is where it should Report be at this time of year. Commercially the Union is slightly down, which is representative of the wider commercial sector and no cause for real concern. GW for more explanation of the Bar’s financial figures. These were explained more thoroughly, to the satisfaction of the Board. KJ raised a discussion about society budgets and associated risks. A new Finance Committee was formed, with members DS, GR, KJ, MJ, LC, GW. Risk Register explained the purpose of a risk register PB PB and encouraged members to think about risks related to the Union. He explained that it is a living document and shows good governance. Action: PB to circulate an updated risk register. PB to bring risk register as a standing item to each Trustee meeting Trustee Issues Women for Women International Screening Expenses PB proposed paying expenses for a €250 speaker of an event that was cancelled at late notice. The society at the time agreed to pay expenses, and there is money in the society’s
Equipment – Quote now significantly higher due to more holistic upgrade. The board approved the principal of spending up to the top limit. To be confirmed upon circulation of the detailed document. Action: KJ to circulate document to Trustees. Operating Plan 2014-15 – updates and progress GR, KJ, DS The three Co-Presidents reported on progress made against each of the strategic objectives. Financial Report PB PB presented the Union’s Operating Budget. He explained that the Union is where it should be at this time of year. Commercially the Union is slightly down, which is representative of the wider commercial sector and no cause for real concern. GW for more explanation of the Bar’s financial figures. These were explained more thoroughly, to the satisfaction of the Board. KJ raised a discussion about society budgets and associated risks. A new Finance Committee was formed, with members DS, GR, KJ, MJ, LC, GW. Risk Register PB PB explained the purpose of a risk register and encouraged members to think about risks related to the Union. He explained that it is a living document and shows good governance. Action: PB to circulate an updated risk register. PB to bring risk register as a standing item to each Trustee meeting Trustee Issues Women for Women International Screening Expenses PB proposed paying €250 expenses for a speaker of an event that was cancelled at late notice. The society at the time agreed to pay expenses, and there is money in the society’s