Village Halls - Running your Hall

Responsibility for Money Management
This page covers the voluntary management committee's role, the legal position, the restrictions on how a charity's money may be spent and best practice.

Budgeting
This page provides a practical nuts and bolts guide to budgeting and some associated issues. It is the sister page to 'Setting and Overseeing Budgets'.

Reporting to Funders
This page covers the kind of information that may be required by funders and how to manage money in a way that will make this easier to compile.

Reserves
This page explains the concept of reserves, the different types of funds held and the restrictions on reserves including what, therefore, may be kept as reserves and the importance of reserves policy.

Investment
An introduction to good practice in investment and the importance of an investment policy and strategy as well as the need to obtain good quality professional advice plus the investment duties of trustees of a trust - which provide a helpful framework for other types of organisation.

Trustee Investment Act 1961
This page gives a brief summary of the main provisions and effects of this Act.

Ethical Investments
Ethical investments are now a relatively popular way of making money for an organisation while ensuring the investments are not part of some activity with which the organisation would not wish to be associated - or would like to actively support. This page describes the legal and practical position.

Financial Risk and Voluntary Management
An introduction to the main areas of financial risk for voluntary management committees and actions for minimising these.

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