The Board of Directors and Trustees have overall responsible for all the decision-making and activities with FHAM. Certain responsibilities and functions have been delegated to directors, trustees and others within the organisation. We are bound to comply with all the financial regulations as stipulated by Companies House and The Charities Commission and as such we maintain proper financial records, prepare and publish financial statements and quarterly reports.
Accounting – Currently the accounts are maintained and prepared by The Treasurer. Some procedures (see guidelines) are in place and will be constantly reviewed to ensure clarity, visibility, accuracy and steps to prevent culpability.
Gift Aid – We are registered for receiving ‘gift aid’.
Audit – As yet no auditors have been appointed
Administration – The Administrator is responsible for developing and maintaining the systems in conjunction with the directors/trustees, as required ensuring the well running of the Charity.
Accounts are to be regularly and properly maintained, in accordance with the ‘financial regulations’ of England and Wales and to meet the requirement of the Charities Commission. It is the duty of the ‘finance officers’, being either The Company Secretary, The Treasurer or any other appointee to ensure that this is done and that all financial information is kept reported and filed in a timely and accurate manner.