Sported members - Financial Management

Start the unit:

Financial managment

Impact practice

Planning

Governance

Bid writing

Upskill in key areas to help support and grow your group

Sported guides

Keeping records

Managing accounts

Cashflow

Sported guides overview

Keeping records

Introduction

Quiz

Email events@sported.org.uk if you need technical help with this course

Budgeting

Managing accounts

Self-assessment quiz

Cashflow

Glossary

course content and navigation

Budgeting

Financial management

This unit:

Download the 5 minute guide from the Charity Commission

This unit:

Managing accounts

Keeping records

Cashflow

Quiz

Introduction

More learning modules

Budgeting

Sported guides overview

Questions or problems? contact Sported

Financial management

Feedback - rate this course!

Unit content and navigation

Financial management

accounting software

spreadsheet

income

charitable status

integrity

on paper

in your head!

safety

income

expenditure

bank reconciliation

Why keep records?

How to keep good records

What records do you need to keep?

Good practice

check your recall

Managing accounts

Cashflow

Keeping records

Quiz

Introduction

Budgeting

Sported guides overview

Sported guides overview

Financial management

Managing accounts

Sported guides overview

Cashflow

Keeping records

Quiz

Introduction

Budgeting

Financial management

No prizes (sorry!) and it's totally optional - it's to give you an idea of how much you know.

There are 6 questions relating to all of the areas covered, with an explanation and link back to the page for more details.

Check your understanding of what you've learned in this course

Start

Self-evaluation

Safeguarding

Rules

Self evaluation

Next question

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.

Insurance

Self evaluation

Safeguarding

Rules

Safeguarding

Rules

Self evaluation

Next question

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.

Your board

Self evaluation

Safeguarding

Rules

Safeguarding

Rules

Self evaluation

Next question

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.

CIC

Self evaluation

Safeguarding

Rules

Safeguarding

Rules

Self evaluation

Next question

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.

Governing documents

Self evaluation

Safeguarding

Rules

Safeguarding

Rules

Self evaluation

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.

Liability

Next question

Self evaluation

Safeguarding

Rules

Self evaluation

Safeguarding

Rules

Finish

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.

CASC

Self evaluation

Safeguarding

Rules

If you have any queries, or would like some extra help, you can contact info@sported.org.uk

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.

Thank you for completing this course

Sported Governance

Cashflow

Managing accounts

Keeping records

Introduction

More learning modules

Budgeting

Financial management

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.

Keeping records

• Why you need to keep records
• What you need to record
• How to keep good records
• Best practice

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

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.

This unit is divided into topic chapters, use the navigation on the left to see each area.

How to use this unit

Documents

Templates

Structure

Conflict of interest

Trustees

Memorandum of association

Safeguarding

Constitution

Policies

Quorum

Articles of association

Insurance

Review

Directors

Board

CIO

CIC

Charity

Committee

CASC

Glossary of terms