The Members and Board of Directors

Role description for Members

Members have an overarching responsibility for the viability and performance of the Academy Trust through the appointment of trustees and approval of the annual report. They have the power to amend the Articles of Association that govern the way the Trust is constituted and managed.

Main duties and responsibilities

  • To appoint trustees to the Trust Board bearing in mind the Articles of Association and the need for a balanced skill set to manage the Trust effectively
  • To remove any trustee who is not considered to be acting in the best interests of the Trust
  • From time to time to review the Articles of Association and to make changes where deemed necessary after taking advice from the Trust Board
  • To appoint other Members (to not exceed 5) as necessary in line with the provisions of the Articles of Association
  • To approve the annual report and accounts prior to submission to Companies House
  • To appoint and if deemed necessary to remove the CEO

Expected time commitment – 1 meeting per year

Role description for Directors

The Board of Directors acts in the best interests of the Trust, governing in accordance with its Articles of Association and having governance arrangements that demonstrate visionary leadership, clarity of relationships, effective oversight and sustainability, and achieve the greatest possible economies.

Directors are responsible for the strategic direction, broad policy framework and oversight of the Trust and all its schools. They take decisions that are in the best interests the MAT as a whole and are not representative of any one of the constituent schools. The team are Directors of the Academy Trust which is a company limited by guarantee and registered as such at Companies House.

Main duties and responsibilities

  • To ensure that the activities of the Trust fulfil the objectives as described in the Articles of Association
  • To ensure compliance with the Trust’s duties under company and charity law
  • To ensure the schools are compliant with all statutory obligations (e.g. curriculum, SEND, safeguarding)
  • To safeguard the assets of the Trust
  • To ensure the solvency of the Trust and to abide by the agreements made with the Department For Education (DfE) and Educational Funding Agency (EFA) including the Master Funding agreement and the Supplemental Funding Agreement and as defined in the current issue of the Academies Financial Handbook
  • To determine the overall strategic direction and development of the Trust through good governance and clear strategic planning
  • To approve the Trust’s strategic plan
  • To challenge and support the Trust’s CEO, senior staff and school leaders to achieve the outcomes of the strategic plan
  • To oversee the performance of the Trust and its schools and direct change where performance falls short of expectation
  • To agree policies across the schools within the Trust (unless otherwise delegated to individual schools)
  • To ensure that risks are mitigated where possible and otherwise effectively managed
  • To review the Trust Board terms of reference on a regular basis and to recommend any changes to the Board of Members
  • To approve the terms of reference of the Board’s committees
  • To approve the Trust’s annual budget and monitor progress through the receipt of regular reports and to commission auditors
  • To approve the annual budget for each school and monitor expenditure against the budgets
  • To approve the annual and other statutory reports to Members and the EFA
  • To agree and review from time to time the scheme of delegation to the schools
  • To review the effectiveness and skill set of the Board and recommend appropriate changes to the Board of Members

Expected time commitment – 3 Board meetings per year plus committees

Purpose of the Trust

The purpose of the Trust is to maintain good and outstanding schools, and to ensure the rapid improvement of schools which need support now (and in the future); also to act as a vehicle for enabling the sharing of best practice and the economies of scale to be achieved across the group of schools.

The Trust will undertake rigorous due diligence (as will the joining school) prior to a school joining the Trust to ensure that it is in their best interests to do so.

The behaviours we expect to see of all schools joining the trust:

  • Children at the heart of all decisions made
  • Strong and capable leadership
  • A focused determination to deliver excellent outcomes for all pupils
  • Interacting with colleagues with respect and trust
  • A commitment to continuous improvement through the development of expertise

The Board of Chancery Trust has two core functions:

  • to set the strategic direction of the organisation
  • to ensure financial probity.

The Board is supported by the CEO, Chief Finance Officer (CFO) and all the Headteacher’s in the Trust.

As a multi academy trust, the Board is responsible for all of the schools in the Trust. We exercise this responsibility by delegating functions to the Local Governing Board of each school through schemes of delegation (one for good and outstanding schools and another for Requires Improvement (RI) schools).

Directors’ Pecuniary Interests

 

Directors’ Attendance and and Part One Minutes

 

Directors’ Meeting 26th September 2018

Directors’ Meeting 5th July 2018

Directors’ Minutes 14th May 2018

FGB Training 23th April 2018

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