About this deal
a minimum of 2 full trustees’ meetings are held in any 12 month period, where the business of the charity has to be transacted at meetings, and
Care should be taken to ensure that the voting methods are appropriate to the meeting. The governing document will often state whether the Chair has a second/casting vote. At trustees’ meetings only validly appointed charity trustees have a vote.The charity trustees may wish to invite professional advisers such as the company’s accountants or solicitors to the AGM. Unless they are also members they will not be able to vote at meetings. Some members may have carers who need to attend with them: again, if the carer is not a member, they cannot vote. 15.6 During the AGM if the trading subsidiary starts to fail, the charity must not bail it out; this would be putting the charity’s funds at risk See section 3 for more information. Ensure your charity is carrying out its purposes for the public benefit
Trustees must make decisions solely in the charity’s interests, so they shouldn’t allow their judgement to be swayed by personal prejudices or dominant personalities.
Further ICAEW resources
As part of your planning process, you should work out what funds and other resources the charity will need and where it will get them. See section 7 of this guidance for more detail. Charities that want to claim UK tax reliefs and exemptions (eg Gift Aid) must meet the management condition in the Finance Act 2010. This requires all of the charity’s managers (including trustees) to be ‘fit and proper persons’. Is the venue suitable for people with disabilities? For example, does it have wheelchair access, large print signs, induction loops etc. details of the decision, ie who voted and how and, in the event of an equality of votes, if the Chair used a casting vote,