The Academy Trust Board is made up of the following Members:
Diocesan Board of Finance – represented by Rev'd Phillip Johnson
Register of People with Significant Control (PSC) April 2016
From the 6 April 2016, all charitable companies limited by guarantee, which include Academy Trusts, have an obligation to set up and maintain a register of individuals or legal entities which shows who has significant control over the Company. This new measure has been introduced by the Small Business, Enterprise and Employment Act 2015 to increase corporate transparency by creating a full picture of both the legal and beneficial ownership of businesses, with the aim of combatting tax evasion, money laundering and the financing of terrorist activities.
One of the criteria for being a PSC is holding, either directly or indirectly, more than 25% of the voting rights. For an Academy Trust this means our Members. Any Academy Trust will need to list its members as PSCs if the number of Members is three or less. Our Trust has four Members and therefore each individual will hold no more than 25%, and hence there will be no PSC.
“Long Benninton C of E Academy Trust knows or has reasonable cause to believe that there is no registrable relevant legal entity in relation to the Company”.
The Members have put in place a Board of Trustees: 3 appointed by the Academy Trust, 2 Foundation, 3 parent, 1 LA appointed, 2 Staff and the Headteacher. Key roles for this board include monitoring the implementation of the development plans, and compliance with statutory frameworks and legal requirements.
Recent copies of the annual Trustees Report can be found in the Key Documents section of the website.