Structure, Governance and Management of the Whitworth Centre
The organisation is a charitable company limited by guarantee, and registered as a charity .The company was established under a Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Association. The Memorandum and Articles of Association were incorporated on 1 August 2007 and amended by Resolution dated 22nd November 2007
Recruitment and Appointment of Management Committee
The directors of the company are also charity trustees for the purposes of charity law. Under the requirements of the Memorandum and Articles of Association the members of the Management Committee are elected to serve for a period of one year, after which they must be re-elected at the next Annual General Meeting. The Management Committee should be made up of 7 Town Councillor and 5 Non- Councillor representatives. The Town Council is the Sole Member of the Whitworth Centre. The Town Council must also select the Chair from one of the nominated Councillors.
All member of the Management Committee give their time voluntarily and received no benefits from the charity.
A mix of skills across the Committee exist with experience from other Management Boards as well as a wide range of technical skills in line with the needs of this organisation
The Management Committee meet on a monthly basis.
The Management Committee also receives reports from key working groups, notably:
- Buildings and Safety
- Park management
- Friends of the Whitworth
Responsibilities of the Management Committee
Company law requires the Management Committee to prepare financial statements for each financial year which give a true and fair view of the state of the affairs of the charitable company as at the balance sheet date and of its incoming resources and application of resources, including income and expenditure, for the financial year. In preparing those financial statements, the management committee follow best practice and:
- Select suitable accounting policies and then apply them consistently;
- Make judgements and estimates that are reasonable and prudent; and
- Prepare the financial statements on the going concern basis unless it is not appropriate to assume that the company will continue on that basis.
The Management Committee is responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 1985. The Management Committee is also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.