HON. TREASURER FOR LYGON ALMSHOUSES, FULHAM, LONDON SW6 6TH
Lygon Almshouses, founded in 1833, is seeking a new trustee who is a qualified accountant for the unpaid role of Hon. Treasurer. The registered charity provides 40 modern sheltered flats for people of limited means, living in Fulham. It enables residents to live independently but with a resident Warden on call if help is needed. The development is set around communal gardens on Fulham Palace Road, Fulham.
The Almshouses are governed by the Board of Trustees and the Clerk to the Board handles the administration. The Warden and Clerk are paid employees.
We are looking for candidates from the area who want to “give back” to the community and have the time available to do so. They must be prepared to think independently and contribute to the success of the charity in providing well-run and comfortable accommodation.
Duties include:
1. Attending 4/5 Trustee and chairing 4/5 Finance Committee meetings p.a., usually held at 12 noon on a Wednesday;
2. Preparation of quarterly management accounts and annual budget using the Xero accounting package, plus reviewing the annual accounts prepared by our external accountants;
3. Advising the Board on the financial impact of proposals and managing cashflow;
4. Identifying and managing financial risks;
5. Ensuring the trust’s accounts comply with the legal requirements for charities;
6. Setting prudent investment objectives, monitoring performance of the trust’s investment funds and managing them appropriately;
7. Preparation of investment reports from reports provided by external investment managers and presentation of these reports to the Board in an accessible way;
The role requires commitment and takes up 4 or 5 hours every fortnight, but more hours at quarter end and during audit/examination of the accounts.
Please apply with your CV to Rosie Falconer, Clerk to the Trustees.
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