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Sported members - Financial Management
Carrie Martinson
Created on January 16, 2024
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Transcript
Sported guides
Governance
Upskill in key areas to help support and grow your group
Impact practice
Planning
Financial managment
Start the unit:
Bid writing
Sported guides overview
Glossary
This unit:
Self-assessment quiz
Financial management
course content and navigation
Introduction
Cashflow
Managing accounts
Keeping records
Managing accounts
Budgeting
Keeping records
Cashflow
Budgeting
Quiz
Email events@sported.org.uk if you need technical help with this course
Sported guides overview
Feedback - rate this course!
Financial management
This unit:
Financial management
Unit content and navigation
Introduction
Questions or problems? contact Sported
Keeping records
Managing accounts
Budgeting
More learning modules
Cashflow
Quiz
Download the 5 minute guide from the Charity Commission
Sported guides overview
Why keep records?
Sported guides overview
integrity
charitable status
safety
Financial management
income
What records do you need to keep?
Introduction
expenditure
bank reconciliation
Keeping records
Managing accounts
How to keep good records
spreadsheet
in your head!
on paper
Budgeting
accounting software
Cashflow
Good practice
Quiz
check your recall
income
Sported guides overview
Financial management
Introduction
Keeping records
Managing accounts
Budgeting
Cashflow
Quiz
Self-evaluation
Check your understanding of what you've learned in this course
There are 6 questions relating to all of the areas covered, with an explanation and link back to the page for more details.
No prizes (sorry!) and it's totally optional - it's to give you an idea of how much you know.
Start
Self evaluation
Safeguarding
Rules
Self evaluation
Insurance
Safeguarding
Even if you don’t have staff, you may still need insurance. It’s about keeping yourselves and the public safe. Even if you're just renting a room for your activity, and are covered by the building's insurance, you may still need your own policy. Take a look back at this page and review this area if you need more information.
Rules
Next question
Self evaluation
Safeguarding
Rules
Self evaluation
Your board
Safeguarding
Your board of Trustees/Directors steers and guides your group. Make sure you have the right mix of people to delivery your group's aims and vision. It's good practice to limit conflicts of interest and related board members. Take a look back at this page and review this area if you need more information.
Rules
Next question
Self evaluation
Safeguarding
Rules
Self evaluation
CIC
Safeguarding
A Community Interest Company is still a company and does not have any special tax breaks. The benefits of a CIC are around asset locks and ensuring continuity of benefit to the community. Take a look back at this page and review this area if you need more information.
Rules
Next question
Self evaluation
Safeguarding
Rules
Self evaluation
Governing documents
Safeguarding
Articles of Memorandum is a document which sets up a company, signed by the Directors. The Articles of Association set out how the company is to be run. Take a look back at this page and review this area if you need more information.
Rules
Next question
Self evaluation
Safeguarding
Rules
Self evaluation
Liability
Safeguarding
If your group is unincorporated, board members could be personally liable for any debts. Check out the Structures part of this course if you're unsure.
Rules
Next question
Self evaluation
Safeguarding
Rules
Self evaluation
CASC
Safeguarding
A Community Amateur Sports Club (CASC) is a status which can be added to your group. It is not a legal structure, but a status which has requirements and benefits. If you'd like to refresh your knowledge of this, go back to this page.
Rules
Finish
Sported Governance
Thank you for completing this course
If you'd like to know any more about Governance or any other aspect of running your group, head over to the Sported Hub. We run webinars and workshops to help you upskill on all areas of running your sport for develpment group as well as having volunteer support and a library of guides, templates and videos.
If you have any queries, or would like some extra help, you can contact info@sported.org.uk
More learning modules
Financial management
Introduction
Keeping records
Managing accounts
Budgeting
Cashflow
Keeping records
- Why you need to keep records
- What you need to record
- How to keep good records
- Best practice
In this clip, Sported volunteer consultant Maleana Provan puts the case for keeping records.Watch the full recording of this webinar on the Sported Hub.
How to use this unit
This unit is divided into topic chapters, use the navigation on the left to see each area.
Work through, or dip in and out
You can dip in and out as required, either work through the whole unit, or just the sections where you need to upskill. Work at your own pace, and time.
Self guided and assessed
The unit has a self-evaluation quiz to help you understand if you have any gaps in your knowledge.You can contact Sported if you would like more information and help with Governance