The Corporation (Governing Body) works at the strategic level, making the ‘big’ decisions about the ‘character’ of the College (i.e. what is provided, for whom and at what cost) and the direction it takes in responding to current and future needs.
The principal ‘stakeholders’ in the College are our students and their success and the quality of their learning experience firmly underpin all that Governors do.
They are also concerned that the College meets the needs and expectations of the wider community and Governors’ collective knowledge and experience equips them to provide an effective ‘bridge’ between the community and the College.
The Corporation is ultimately answerable to Parliament for delivering on key policies, to the funding agencies and is also subject to inspection and audit scrutiny.
The college’s Annual Report and Financial Statement, which is a publicly available document, includes a report of the Corporation. Regular articles are also published in the college’s ‘Staff Update’ magazine.
Corporation (but not Committee) meetings are open to the public and agenda papers are available via the Clerk to the Corporation. MInutes of meetings are available on the College website.
Governors self-assess their own performance and monitor actions to improve their performance. They also receive an annual report from the Clerk of the Corporation on the operation of governance.
Any formal complaint against the conduct or actions of the Corporation would be investigated by the Clerk to the Corporation under the terms of the college Complaints Policy.
No such complaints have been received to date.
Annual Report & Financial Statements
The Corporation approve our Annual Report and Financial Statements for formal submission to the Skills Funding Agency / Education Funding Agency, who are the college’s principal funding sources.
The report comprises:
- The college Mission Statement
- Highlight achievements for the year
- Corporation membership
- Operating and Financial Review
- Report of the Corporation
- Statement of Governors’ responsibilities
- Auditor’s report to the Corporation
- Accounting policies
- Income and expenditure account, balance sheet and related financial information
- Five year financial summary
- Social responsibility report
Click below to access the full documents.
Governors and co-opted Committee members are required to declare all the financial and other interests of themselves and near family / partners.
This is done in the interests of openness and to avoid any conflict of interests.
Interests are declared by members concerned as and when a possible conflict of interests arises. Such declarations are recorded in the minutes.