Corporate Governance

This will be done through the provision of a Board of Trustees that acts in the best interests of the Trust and governs lawfully in accordance with its Articles of Association.  The Directors will demonstrate clear governance arrangements and visionary leadership to enhance and embed effective working relationships.   The Board will ensure there are effective support structures in place to deliver: a clear oversight of the academy operations, appropriate support structures for sustainability and achieve the best possible economies.

Members

The members are akin to the shareholders of a company. They have ultimate control over the academy trust, with the ability to appoint some of the trustees and the right to amend the trust’s articles of association.

Trustees

The Board of Trustees is the body that oversees the running of Wade Deacon Trust, they meet at least twice each term and are supported in its work by the Company Secretary.  The trustees are responsible for the same three core governance functions performed by the governing body in a maintained school: setting the direction, holding the principal/headteacher to account and ensuring financial probity. As charity trustees, they must also ensure that they are complying with charity law requirements.

Local Governance

Individuals who sit on local governing bodies (LGBs) are referred to as ‘local governors’.

 

This is because trustees can delegate governance functions to the local level. Trustees have complete discretion over what is delegated to each LGB. Details of the constitution and membership of Strategic Governing Bodies are available on member Academy websites.

 

The Trust Board ethos is that best results will be achieved when each school’s Local Governing Body receives a level of responsibility and autonomy appropriate to its specific circumstances.