Page 168 - Demo
P. 168
management are those individuals responsible at a governance or day to day level of making key decisions. For those members of key management identi ed, the report needs to summarise the arrangements in place
for setting their pay and remuneration and any benchmarks, criteria or parameters used in setting such pay. For most religious institute charities, the key management personnel will be the trustees but it may include head teachers, registered care managers and senior management teams in the case of those religious institute charities that operate schools and care establishments
Details of any organisations with which the religious institute charity co-operates or works very closely with in the pursuit of its objectives e.g. diocesan charities
WHAT IS MEANT BY REFERENCE AND ADMINISTRATIVE DETAILS?
This information is usually given at the very beginning or end of the report
and accounts. It comprises a listing of the trustees in of ce at the date when the accounts are signed (together with details of changes in trustees since the beginning of the nancial year); the principal contact address of the charity; relevant registration numbers; and the names and addresses of key nancial and legal advisers such as auditors, bankers, investment managers and solicitors. It would be normal also to give the name of the provincial leader and the provincial bursar and any key employees such as head teachers or registered care managers.
164 Chapter 8