Great Massingham Tennis and Multisports Club

Financial policy

The Committee has a responsibility to safeguard the financial resources of the Club and to use such resources to meet the aims and objectives of the Club.  

The Committee will ensure that there are adequate and appropriate internal financial controls consistent with good practice.

The Committee shall keep proper books and records and that such accounts are subjected to scrutiny.   All Committee Members shall be provided with copies of the annual accounts. The Committee shall formally approve the Company's annual accounts each year and shall present to each annual general meeting the report and accounts of the Club for the preceding year.

The Committee shall ensure that appropriate insurance is in place.

Issues:   Accounts reviewed by an independent person, dual authorisation/signature, reserves.  Bank statements

Reviewed February 2024

Next review: February 2026