RLP Board Governance Handbook 2024 - Governance handbook

Sep 12, 2026

Upload by Kyle

RLP Board Governance Handbook 2024 outlines the core governance responsibilities of a company’s Board of Trustees, including ensuring mission delivery, managing risk, monitoring performance, and reviewing internal controls. It explains the Board’s leadership, control, transparency, accountability, effective working, and integrity expectations, and links compliance to obligations under the Companies Act 2014. The handbook also introduces roles for trustees and company secretaries, related legal duties, conflict procedures, and practical board procedures such as meeting codes, agendas, and minutes templates, plus rotation and succession.

LanguageEnglish

CategoryGeneral

FormatPDF

Pages48

Reading Time17 min

AccessFree to download

Overview

Principles of Good Governance

Legal Responsibilities of Company Trustees and Company Secretaries

Duties of Charity Trustees

Management Sub-Committee Terms of Reference

Business Code of Conduct

Board Rotation and Succession Planning

Appendices

Sample Board Meeting Code of Practice

How to Set a Board Agenda

How to Take Meeting Minutes

Taking Minutes Template

Legal Duties and Conflict Procedures

Induction Process for New Board Trustees

Sample Annual General Meeting Notice & Agenda Template

Overview of the General Data Protection Regulation

BOARD & MANAGEMENT SUB-BOARD GOVERNANCE HANDBOOK ROSCOMMON LEADER PARTNERHSIP Table of Contents Table of Contents Overview Principles of Good Governance Legal Responsibilities of Company Trustees and Company Secretaries Roles of Board Trustees Duties of Charity Trustees Management Sub-Committee Terms of Reference Business Code of Conduct Board Rotation and Succession Planning Appendices Sample Board Meeting Code of Practice How to Set a Board Agenda How to Take Meeting Minutes Taking Minutes Template Legal Duties of Company Trustees & Company Secretaries Conflict of Interest and Conflict of Loyalty Procedure Induction Process for New Board Trustees Sample Annual General Meeting Notice & Agenda Template Sample Form for Resignation of Company Membership Overview of the General Data Protection Regulation Managing Legal and Regulatory Compliance OVERVIEW Overview The core functions of the Board of Trustees may be summarised as follows: • To ensure that the company achieves its mission and objectives as agreed by the Board • To assess and manage the risks faced by the company • To monitor company performance • To review internal company controls • To supervise the financial and budgetary planning processes • To approve contracts, finance, and investment in excess of specified thresholds • To be accountable to members and external stakeholders • To ensure the company is managed appropriately • To meet regularly as a board (as is appropriate) and work effectively in governing the company Company trustees must ensure that they comply with the range of obligations set out in the Companies Act 2014. Good corporate governance is based upon five overarching principles. The Board of Trustees is responsible for: Providing leadership to the company Exercising control Behaving with integrity Ensuring transparency and accountability Working effectively Principles of Good Governance Principles of Good Governance The responsibilities of a Board are founded upon the overarching principles of good governance of which there are five. Specifically, the Board of Trustees is expected to: provide leadership to the organisation; exercise control; be transparent in its dealings; and, be accountable to its members and funders. Trustees are also expected to work effectively with each other and to behave with integrity. 1. Providing Leadership The Board is responsible for providing leadership to the company. It does this through planning the work to be carried out and ensuring that the company is guided by a very clear purpose, vision and set of values. In providing leadership, the Board also ensures that it is accountable for its own actions and those of people acting directly on behalf of the company, such as staff members. 2. Exercising Control The Board is responsible for exercising control of the organisation. Exercising control is critical to an organisations stability. Therefore, the Board must ensure that risks are managed effectively and that sufficient controls are in place, to exercise management and financial control. Additionally, the Board must also ensure that the company complies with any regulatory requirements that it is subject to. 3. Ensuring Transparency and Accountability The Board should be both transparent and accountable in its dealings. Specifically, the Board should ensure that it engages appropriately with its membership and stakeholders. Such engagement should facilitate good communication and decisionmaking. Being accountable also requires that the Board respond appropriately to queries regarding its governance and work activities. 4. Working Effectively The Board is required to work effectively, both as a collective group and on behalf of the company. To this end, the Board has assigned clear roles to trustees, such as the roles of honorary chairperson and treasurer. The Board will conduct its meetings in an effective manner and e

FAQs

What are the core functions of the Board of Trustees in the handbook?

The handbook states the Board must ensure the company achieves its mission and objectives, manage risks, monitor performance, review internal controls, supervise financial and budget planning, approve certain contracts and investments, and remain accountable to members and external stakeholders.

Which five principles of good governance guide trustee responsibilities?

The handbook lists five overarching principles: providing leadership, exercising control, ensuring transparency and accountability, working effectively, and behaving with integrity.

What responsibilities must trustees follow regarding compliance and conflicts?

Trustees must comply with obligations under the Companies Act 2014 and manage regulatory requirements. The handbook also covers conflict of interest and conflict of loyalty procedures and the expectation to deal openly and effectively with conflicts.

Sep 12, 2026

Upload by Kyle