Finance, Audit & Remuneration Committee - The ÌúÅ£ÊÓƵ Academy Trust

ÌúÅ£ÊÓƵ

ÌúÅ£ÊÓƵ Academy Trust

Finance, Audit & Remuneration Committee

The Finance, Audit and Remuneration Committee (FAR) has delegated authority from the ÌúÅ£ÊÓƵ Academy Trust Board to oversee the financial administration and resourcing of ÌúÅ£ÊÓƵ and the academies within it. The committee’s purpose is to allow more detailed consideration to be given to the best means of fulfilling the board’s responsibility to ensure sound management of ÌúÅ£ÊÓƵ's finances and resources, including proper planning, monitoring of risks, internal scrutiny and probity. 

The board has delegated the powers necessary to oversee the financial administration and resourcing of ÌúÅ£ÊÓƵ to the FAR Committee.   The FAR Committee must report back to the trust board on the exercise of its powers, and for the avoidance of doubt, the board retains the power to make any final decisions in relation to financial expenditure by ÌúÅ£ÊÓƵ Academy Trust. 

Each committee’s terms of reference ensures it is representative of DfE guidance and the Academy Trust Handbook. 


Finance Committee Membership

Name

Position

Michael Larsen Chair of FAR, Vice Chair of Trustees
Penny Shilston Chair of Trustees
Tim Hooper Chief Financial Officer (CFO) / Chief Operating Officer (COO)
Sophie Eddy Trustee
Brian Richard Trustee

Audit Committee Membership

Name

Position

Michael Larsen Chair of FAR, Vice Chair of Trustees
Penny Shilston Chair of Trustees
Sophie Eddy Trustee
Brian Richard Trustee

Remuneration Committee Membership

Name

Position

Michael Larsen Chair of FAR, Vice Chair of Trustees
Penny Shilston Chair of Trustees
Sophie Eddy Trustee 
Brian Richard Trustee