Multi Academy Trust

 

The Board of Trustees of SLT, as the Multi Academy Trust (MAT), fulfils the role of directors under company law and trustees under charity law and is charged with exercising the powers and duties of the MAT. The Board are responsible to the Members of the Trust as well as the parents, pupils and staff at the academies.

The Trustees as directors are responsible for the three core governance functions: ensuring financial probity, setting the strategic direction of the Trust and member academies, holding the CEO, LGB and Headteachers to account. Trustees work with the local governing bodies (LGB’s) to ensure the quality of education and financial management provided at each member academy.

The Board of Trustees established an Audit & Risk Committee to cover MAT arrangements in all matters relating to financial and procedural accountability, for risk management and for ensuring statutory compliance is completed in line with good practice. The chair and members of the Committee are non-executive members appointed by the Board. The clerk circulates minutes of meetings of the committee to all members of the Board of Trustees/Directors. The CEO in thier role as Accounting Officer and the CFO and Operations & Commercial Director will normally attend meetings. The Audit & Risk Committee operates as an advisory board under the MAT Board. The Chairs of each member academy meet to review and monitor MAT performance and focus on value for money and effectiveness.