Questions to ask at board meetings to monitor financial issues and progress
These questions should be regularly asked at board meetings to help raise important issues.
Top tips & quick links
Handling money for informal groups
As an informal group it’s tricky to set up a bank account. Rather than put money through a personal account here’s some ways that you could look at:
Policies and procedures – as you grow you will find more need for policies and procedures. Most Councils for Voluntary Service (CVS) will be able to help with this and may have sample policies and templates. See the list here to find your local London CVS.
Relevant to this topic – see the model Financial Management and Controls policy on Voluntary Action Islington’s resource page here
These questions should be regularly asked at board meetings to help raise important issues.
When you form a public group, you will need to create and agree on a constitution.
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