An academy trust is a charitable company set up to run an academy and is responsible for the strategic direction of the academy. Academy trusts have 2 layers of governance: the members of the trust and the board of Trustees. At Cawston Grange Primary School the board of Trustees meet at least 4 times a year. Some functions are delegated to the Finance, Audit & Risk Committee and the Pay committee.
Members -The members are similar to shareholders and have ultimate control over the direction of the academy trust. They ensure the charitable company achieves its objectives, sign off the financial accounts and annual report, and appoint some of the trustees.
Trustees – The trustees are responsible for the 3 core strategic functions (strategic direction, holding school leaders to account for educational performance and overseeing the financial performance of the school).
Our trustees bring a wide range of skills and experience to the table ranging from accountancy to education to industry. The Trust Board comprises of the Headteacher, staff, parents and representatives of the community or people co-opted onto the Board because of a particular skill, e.g. finance. The term of office for governors is four years.