Are you a trustee?
Do you fully understand the financial information that you are given?
Do you know your responsibilities with regard to finance?
Community and Voluntary Sector Forum, in conjunction with the Corporate Partnerships Project at Skills Exchange, is running a briefing session on Charity Finances for Trustee Boards.
The session aims to give trustees a basic understanding of how charity finances should be run so that they can feel confident in their role as a trustee. The session will be delivered by Carol Lewis, Director at Bainbridge Lewis Chartered Accountants.
Points that will be covered:
- Review of charity accounts. What the different terms mean and what the important figures are.
- Good financial practices for Charities. What financial information you should expect as a trustee and how to interpret this information.
- Funding applications and monitoring. Most charities are dependent on funding so they constantly have to apply for funding and report back to the funders on how their money has been spent.
- A brief overview of tax for Charities. Most people ignore tax for Charities as they think they are outside the tax system. However, there some key tax issues that do have implications for charities. This includes a discussion around claiming gift aid.
Tuesday September 17th, 2013 6pm – 8pm. Venue to be confirmed
Cost: £10 – £25, a limited number of bursaries may be available for very small organisations.
For more information or to book a place contact info@cvsectorforum.org.uk or call 01273 810230