Charity Finance Director's Group

(a charitable company limited by guarantee)

Annual Report and Financial Statements

Registered Charity No. 1054914
Company Number 3182826

 


Since incorporation in 1996 the number of charities with a CFDG member has increased from 493 charities to 1,029 and there are now three regional membership groups. Each of these is constituted as a Branch under the Articles of Association and has its own steering committee.

On appointment each Trustee signs a code of conduct and completes a register of interests. The latter is renewed annually. They are given a Trustee Handbook that includes the Memorandum and Articles of Association, policies and procedures on issues such as delegation of authority, recruitment, equal opportunities, and conflict of interest and other guidance. It contains job descriptions for Trustees, officers and staff. New trustees meet with the Chair and Chief Executive and undertake an induction process. According to their skills and aptitude they take responsibility for at least one activity area by appointment to a committee. We are fortunate that as all - and in the future seven of the ten - trustees are charity finance directors, their training needs are met by their employers.

CFDG Trustees have delegated management of CFDG to the Chief Executive who reports on the performance against the Strategic and Operational Plans approved by the Trustees. The Deputy Chief Executive reports, via the Treasurer and Finance Committee, on the financial position, including outturn against budget. Management Accounts are received quarterly by the Board and monthly by the Finance Committee.

Membership of CFDG

Full members of CFDG are the people employed by a Charity with responsibility for financial management. Until September 2006 they were also members of the Company and had full voting rights, since then only the Trustees are members of the Company. If another person joins from the same charity they are termed “Secondary Members”, pay a lower, or no, subscription but have the same rights and services. Other classes of member are Associates, CRN and Honorary.

Subscribers of CFDG are individuals working for professional or commercial suppliers who are active in charity finance and other related matters. They are essential for the work of CFDG and we value their support enormously. They are not members of the company and their number may not exceed 10 per cent of the number of members.

Full details of membership are always available on our website, and application forms can be downloaded.


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Page 15 - Annual Report and Financial Statements 2007