The structure meets the minimum requirements stated in the Academies Financial Handbook (a Trust Board) and the Articles of Association, which require a Local Governing Board for each Academy. This ensures local accountability and responsibility, whilst ensuring the strategic direction and approach of the Trust.
As charitable companies limited by guarantee every Trust has Members who have a similar role to the shareholders of a company limited by shares. They:
Responsibility to conduct the business of the trust in accordance with company and charity law sits with the Trustees and so members are ‘eyes on and hands off’ to avoid compromising the board’s discretion in exercising its responsibilities.
The Trustees of the academy trust are also its company directors. They are referred to as Trustees, in recognition of the charitable status of trusts. The board of Trustees manages the business of the Trust and focuses strongly on the three core functions of governance:
The Trustees ensure compliance with the Trust’s charitable objects and with company and charity law, and adherence to the Trust’s funding agreement with the Secretary of State.
The board of Trustees must comply with their statutory duties as company directors as set out in the Companies Act 2006. These comprise the duties to:
At this early stage in the development of the Trust we are proposing to grow primarily with schools that have been rated as Good by Ofsted joining the Trust. The Trustees have determined that additional Trustees may be recruited from the Governing Boards of schools joining the Trust, where they have the skills and expertise to assist in the development of the Trust. The Trust Board is expected to comprise 9 – 11 Trustees in total.
The Trust Board, its Committees and our Local Governing Boards (LGB) and their Committees follow our Trust Approach to Governance and Scheme of Delegation.
Our multi academy trust is a single legal entity, a charitable company, with a board that is accountable for all of the academies within our Trust. There is no lead school and our Trustees are equally responsible and accountable for the performance of all the academies and they govern in the interests of all pupils to foster a common ethos and vision across the Trust.
Papers from the Trust and Local Governing Board committees are a public record and as such are available for inspection. If you would like to see a copy of the minutes from any of the meetings, please e-mail email@example.com for further information.
You can see a copy of our Trust Code of Conduct here. All Members, Trustees and Governors sign up to our Code of Conduct which is reviewed on an annual basis.