Charity finance and reserves policy
The English Charity Commission has published updated finance guidance for trustees, designed to streamline and clarify things. The days of being a “silent Trustee” have long gone. It is expected that Trustees keep themselves informed and updated with developments. We can help you in this regard by keeping in contact with you and your charity, and offering prescriptive advice.
Here is some excellent publications to help you;
1. Reserves policy. The document is recommending that a Trustee should be ensuring that the reserves policy of the charity is appropriate; not only at AGM’s, but all through the year !. Reserves for Trustees
2. Managing a Charity…some good advice. Managing a charity for Trustees