12 Tips of Christmas for Charity Trustees:
Day 7

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7. Retain Transparency

Brussel sprouts are Brussel sprouts however you dress them. People will have polarised views of their merits. Nevertheless, if you say you are serving them with chestnuts then you’re much more like to create interest and drive appeal than if the lid is kept on until the last minute.

Transparency is essential throughout.

Similarly, Trustees need to take all stakeholders of a charity on the journey with them, so there are no nasty surprises or anything smelling particularly unpleasant later on.

With this in mind, Trustees should ensure that accurate and up to date financial records are maintained and that the annual report discloses all relevant material issues.