Activity Trust Board Committee Accounting Headteacher Staff Comments Officer 5. Trustee Expenses BM 5.1 Establishing procedures F&GP for trustees to claim expenses 6. Income (including lettings) 6.1 Approving a lettings policy and Finance & BM to fees General prepare Purposes Committee 6.2 Rendering accounts promptly. FO/FA will Receipting and banking promptly Account all income intact. Not cashing for all personal cheques. Recording cash in cash passed from one person to and out - another BM will review 6.3 Writing off of debts Finance & BM to Funding Agreement General present any requires that Purposes possible Secretary of State’s Committee w/offs to the approval be FG&P obtained prior to writing off any single debt in excess of £1,000
Activity Trust Board Committee Accounting Officer Headteacher Staff Comments 5. Trustee Expenses 5.1 Establishing procedures for trustees to claim expenses F&GP BM 6. Income (including lettings) 6.1 Approving a lettings policy and fees Finance & General Purposes Committee BM to prepare 6.2 Rendering accounts promptly. FO/FA will Receipting and banking promptly Account all income intact. Not cashing for all personal cheques. Recording cash in cash passed from one person to and out - another BM will review 6.3 Writing off of debts Finance & General Purposes Committee BM to present any possible w/offs to the FG&P Funding Agreement requires that Secretary of State’s approval be obtained prior to writing off any single debt in excess of £1,000
Equitas-Trust-Governance-Booklet-2017-2018.docx