{"id":15150,"date":"2017-08-03T18:04:35","date_gmt":"2017-08-03T17:04:35","guid":{"rendered":"http:\/\/vanel.org.uk\/va\/?p=15150"},"modified":"2017-08-04T09:09:22","modified_gmt":"2017-08-04T08:09:22","slug":"governance-weekly-for-4aug","status":"publish","type":"post","link":"https:\/\/vanel.org.uk\/va\/2017\/08\/governance-weekly-for-4aug\/","title":{"rendered":"Governance Weekly for 4th August"},"content":{"rendered":"<p><em>The weekly roundup from VANEL on good governance, charity trusteeship and non-profit leadership. News, information, resources and ideas. Complemented by our monthly &#8220;View from the Top&#8221; e-newsletter (Trustee Network members only), our &#8220;aboutgovernance&#8221; online discussion space for leaders and trustees and our <a href=\"http:\/\/www.twitter.com\/aboutgovernance\">@aboutgovernance<\/a> Twitter feed.<\/em><\/p>\n<p>&nbsp;<\/p>\n<p class=\"p1\"><span class=\"s1\">Kids Company raises its head again this week with the <a href=\"https:\/\/www.theguardian.com\/voluntary-sector-network\/2017\/aug\/03\/financial-duties-responsibilities-charity-trustee-kids-company\" target=\"_blank\">Charity Commission sharing some thoughts<\/a> about what Charity Trustees should know about finances to help protect their charities from the sorts of failures that consumed that organisation.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">So often the financial security of a voluntary organisation may be left to the Treasurer and perhaps just a couple of others. Yet financial stability is critical for any charity and is the responsibility of each and every Trustee.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">The <a href=\"https:\/\/www.theguardian.com\/voluntary-sector-network\/2017\/aug\/03\/financial-duties-responsibilities-charity-trustee-kids-company\" target=\"_blank\">article by the Charity Commission is on the Guardian Network here<\/a>. There is a <a href=\"https:\/\/www.gov.uk\/government\/news\/take-early-steps-to-manage-financial-difficulties-commission-reports-show\" target=\"_blank\">recent report<\/a> on the financial stability of UK charities that is worth a read too, but the really important point are two guidance documents. These are \u201c<a href=\"https:\/\/www.gov.uk\/government\/publications\/managing-charity-assets-and-resources-cc25\" target=\"_blank\">charity finances: trustee essential<\/a>s\u201d and \u201c<a href=\"https:\/\/www.gov.uk\/government\/uploads\/system\/uploads\/attachment_data\/file\/589406\/CC19.pdf\" target=\"_blank\">charity reserves: building resilience<\/a>\u201d. Both aim to inform trustees about complex financial matters in a straightforward way. Every Trustee should read these.<\/span><\/p>\n<p class=\"p1\">So an <em>action point<\/em> should be to add these two documents to your Trustee Induction process, into your Trustee handbook (or wherever your Trustees get their information), and should ideally be discussed amongst your board at one of your meetings. Financial matters can\u2019t be left until the money runs out &#8211; it needs to be part of your board\u2019s ongoing thinking.<\/p>\n<p class=\"p1\"><span class=\"s1\">If you need another tool to help you and your board get your head around it, refer to the \u201c<a href=\"https:\/\/www.gov.uk\/government\/publications\/charity-trustee-meetings-15-questions-you-should-ask\" target=\"_blank\">15 questions Trustees should ask themselves<\/a>\u201d document from the Charity Commission. Set aside some time in a board meeting to discuss the questions. Your beneficiaries and clients will thank you for your efforts in the long run&#8230;<\/span><\/p>\n<p class=\"p1\"><strong><span class=\"s1\">Support from VANEL<\/span><\/strong><\/p>\n<p class=\"p1\"><span class=\"s1\">If the financial figures, spreadsheets, accounts and financial discussions at board meetings scare you, then you\u2019re probably not alone. There is lots of information, guidance and resources out there to help you to understand enough to be useful in a board meeting, but where to start? <\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">VANEL is holding a training <span class=\"__postbox-detected-content __postbox-detected-date\">workshop on <strong><span class=\"__postbox-detected-content __postbox-detected-date\">Tuesday 5th <span class=\"__postbox-detected-content __postbox-detected-date\">September<\/span><\/span><\/strong><\/span> which might help. <strong>\u201cFinances for non-financial Trustees\u201c<\/strong> is going to take a back to basics look at the financial information that you\u2019ll see when you attend board meetings so that you understand what is being discussed and can contribute fully as a member of the board.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">So the session is NOT aimed at Treasurers, but is aimed at Charity Trustees who need to know about the numbers.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">The session is from 2pm-4pm at VANEL offices, costs \u00a320 per attendee (\u00a330 for non-VANEL-members) and is by booking only. Contact Karl Elliott direct to book or enquiry &#8211; <a href=\"mailto:karl@vanel.org.uk\">karl@vanel.org.uk<\/a>.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\"><a href=\"http:\/\/vanel.org.uk\/trustees\/training-and-support\/finances-for-non-financial-trustees\/\" target=\"_blank\">More specific information here<\/a>.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">Our <a href=\"http:\/\/vanel.org.uk\/trustees\/training-and-support\/training-summary\/\" target=\"_blank\">full training calendar for governance and trusteeship related courses is here<\/a>.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">And finally, a note of a couple of other Training dates from VANEL.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">We\u2019re re-running our workshop to discuss the new \u201cCharity Governance <span class=\"__postbox-detected-content __postbox-detected-date\">Code\u201d on Tuesday 15th <span class=\"__postbox-detected-content __postbox-detected-date\">August<\/span>.<\/span> <a href=\"http:\/\/vanel.org.uk\/trustees\/training-and-support\/using-the-code\/\" target=\"_blank\">Details here<\/a> <\/span>If you want to know about the new code and how to apply it to develop your board\u2019s governance practices then this workshop will be invaluable.<\/p>\n<p class=\"p2\"><span class=\"s4\">Our <span class=\"__postbox-detected-content __postbox-detected-date\">next <span class=\"__postbox-detected-content __postbox-detected-date\">August<\/span><\/span> training course is \u201cTechnology for Trustees\u201d (<a href=\"http:\/\/vanel.org.uk\/trustees\/training-and-support\/technology-for-trustees\/\" target=\"_blank\">info here<\/a><\/span>)<\/p>\n<p class=\"p1\"><span class=\"s1\">And if you have new trustees, perhaps inexperienced trustees, or simply trustees that need a refresher on what the role is all about, then the next dates for our \u201cInduction and Refresher Training for Trustees\u201d are <span class=\"__postbox-detected-content __postbox-detected-date\">Tuesday 5th <span class=\"__postbox-detected-content __postbox-detected-date\">September<\/span><\/span> (10-12), <span class=\"__postbox-detected-content __postbox-detected-date\">Wednesday 27th Sept<\/span> (2-4) and then <span class=\"__postbox-detected-content __postbox-detected-date\">24th Nov<\/span> (3-5). Booking essential. <a href=\"mailto:karl@vanel.org.uk\" target=\"_blank\">Contact Karl<\/a>.\u00a0<\/span><\/p>\n<p class=\"p1\">Karl Elliott, Development Manager<br \/>\n<a href=\"mailto:karl@vanel.org.uk\" target=\"_blank\">karl@vanel.org.uk<\/a> \/ 01472 287548<br \/>\n<a href=\"http:\/\/vanel.org.uk\/va\/big-issues\/leadership\/\" target=\"_blank\">www.vanel.org.uk\/governance<\/a> &#8211; for an overview of our resources and information<br \/>\n<a href=\"www.vanel.org.uk\/trustees\">www.vanel.org.uk\/trustees<\/a> &#8211; for the Trustee Network blog and information<br \/>\n<a href=\"www.theviewfromthetop.org.uk\">www.theviewfromthetop.org.uk<\/a> &#8211; our Governance blog<br \/>\n<a href=\"www.vanel.org.uk\/aboutgovernance\">www.vanel.org.uk\/aboutgovernance<\/a> &#8211; private discussion space for trustees<br \/>\n<a href=\"http:\/\/www.twitter.com\/aboutgovernance\">@aboutgovernance<\/a><\/p>\n<!--themify_builder_content-->\n<div id=\"themify_builder_content-15150\" data-postid=\"15150\" class=\"themify_builder_content themify_builder_content-15150 themify_builder tf_clear\">\n    <\/div>\n<!--\/themify_builder_content-->\n","protected":false},"excerpt":{"rendered":"<p>Our weekly roundup of news related to governance, trusteeship and leadership:  This week the Charity Commission have reminded us of the critical importance of ALL charity trustees understanding, monitoring and guiding the finances of their organisations. Read on for their thoughts, reports, advice and some important guidance documents. Also details of a range of governance training courses from VANEL coming up in August and September &#8211; on the basics of governance, on technology, and on financial understanding. Have a read&#8230;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"xn-wppe-expiration":[],"xn-wppe-expiration-action":[],"xn-wppe-expiration-prefix":[],"spay_email":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false},"categories":[5,391,11],"tags":[139],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_shortlink":"https:\/\/wp.me\/p3cThd-3Wm","jetpack_sharing_enabled":true,"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/vanel.org.uk\/va\/wp-json\/wp\/v2\/posts\/15150"}],"collection":[{"href":"https:\/\/vanel.org.uk\/va\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vanel.org.uk\/va\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vanel.org.uk\/va\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/vanel.org.uk\/va\/wp-json\/wp\/v2\/comments?post=15150"}],"version-history":[{"count":1,"href":"https:\/\/vanel.org.uk\/va\/wp-json\/wp\/v2\/posts\/15150\/revisions"}],"predecessor-version":[{"id":15151,"href":"https:\/\/vanel.org.uk\/va\/wp-json\/wp\/v2\/posts\/15150\/revisions\/15151"}],"wp:attachment":[{"href":"https:\/\/vanel.org.uk\/va\/wp-json\/wp\/v2\/media?parent=15150"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vanel.org.uk\/va\/wp-json\/wp\/v2\/categories?post=15150"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vanel.org.uk\/va\/wp-json\/wp\/v2\/tags?post=15150"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}