Agenda item

Report of the Chief Financial Officer.

Trustees considered a report of the Chief Financial Officer presenting a suite of key finance policies for review and the following point was made:

·         A Co-opted Trustee suggested that the new Expenses Claim Policy be re-drafted to reduce duplication.  Trustees agreed that the Expenses Claim Policy be re-drafted and presented to the meeting of the Board of Trustees on 3 September 2020 for consideration and approval.

RESOLVED, that:

·         The following updated policies be recommended for approval by the Board of Trustees at its meeting on 9 July 2020:

•        Finance Policy;

•        Procurement and Tendering Policy;

•        Gifts and Hospitality Policy;

•        Charging and Remissions Policy;

•        Reserves Policy; and,

•        Investment Policy

·         The Expense Claim Policy be re-drafted and submitted to the meeting of the Board of Trustees on 3 September 2020 for consideration and approval.