underdog Posted June 3, 2015 Share Posted June 3, 2015 (edited) Dear all, This has been put out today on other social media networks. So you want to become a Trust Director, what does that mean?Firstly, and perhaps mostly importantly the Trust is a Limited Company, which means that by becoming a director you are bound by a set of Directors Responsibilities that are set out by UK company law. These can be summarised as: Try to make the company a success, using your skills, experience and judgement Follow the company's rules, shown in its articles of association Make decisions for the benefit of the company, not yourself Tell other shareholders if you might personally benefit from a transaction the company makes Keep company records and report changes to Companies House and HM Revenue and Customs (HMRC) Make sure the company's accounts are a true and fair view of the business finances If necessary register for Self Assessment and send a personal Self Assessment tax return every year So now you've understood the legal requirements, what will you be required to do in your duties as a Trust Director?Time CommitmentTime commitment can vary depending on your role and the duties you are required to/happy to take on. On average youll be expected to be spending an average of around 2-3 hours per week on Trust related duties. This can vary, events and some meeting will require a large amount of intensive time, whilst other weeks there may be only an hour of time required.Term of OfficeOnce voted onto the board you are expected to serve a 3 year term. Once you have served 3 years you are automatically required to resign. If you wish you can stand for re-election.MeetingsTrust Oldham holds meetings on a monthly basis. As a director youll be expected to attend all board meetings and open fan meetings/events. We know this isnt always possible, but it is vital to the good governance of the Trust that you are able to attend the vast majority of meetings and events over the course of a season.Your attendance at Board Meetings is recorded and published for members to see.Skills, Duties & ResponsibilitiesYour duties/responsibilities are largely dependent on your role. Some Trust roles do require specific skills, however, enthusiasm, commitment and a willingness to muck in are all that is really required. When you join the board of directors well try and ensure your duties are suited to your skills.It will be the case that from time to time you may have to take on extra responsibilities that are less familiar. At each board meeting you will be required to produce a report on your activities from the previous month for your fellow directors.Everyone needs help from time to time so be prepared to get your sleeves rolled up and muck in on everything.ConductAs soon as you become a Trust Director youll essentially become an ambassador for the Trust. This will mean you will be expected to conduct yourself in the public arena responsibly. This includes on social media, and though we encourage you to continue to have your own views on the beautiful game and our football club, you should be aware that everyone will now look at you as a Trust Director. With the Trust being so closely linked to the football club it is even more vital that you conduct yourself in an ambassadorial manner.Key Role(s)Within the Trust there are 4 key roles: Chair, Treasurer/Finance Director, OAFC Board Representative and Secretary. To some level each of these roles requires a specific skill and as such the rest of the board of directors are charged with selecting the most suitable candidates for these roles.Co-OptedIf you don't feel a full director role suits you, you can be co-opted instead. In essence you retain the voting rights of a director and retain the responsibilities without the additional burden of full office. This has suited many current directors as it allowed them time to understand the roles and the commitment required before standing for full director status.There is a limit to the number of co-opted directors on the Trust Oldham board at any time, for more information on this contact the Trust.Becoming a director at Trust Oldham isn't easy, but it can be hugely rewarding in terms of playing your part in ensuring our football club is thriving for future generations of fans.This list isnt exhaustive so, if you are interested in getting more information about becoming a Trust Director email askthetrust@trustoldham.co.uk Edited June 4, 2015 by Ackey Improved formatting & grammar Quote Link to comment Share on other sites More sharing options...
oafcmetty Posted June 4, 2015 Share Posted June 4, 2015 Follow the company's rules, shown in its articles of association Are these available to view anywhere? Quote Link to comment Share on other sites More sharing options...
underdog Posted June 4, 2015 Author Share Posted June 4, 2015 Are these available to view anywhere? Hello Metty, I'm not a full member to the board and I don't know all the inns and outs yet....you could say I'm in training. I have therefore, downloaded an article from the trust website, where it mentions articles of association. If it's not the answer your looking for, please let me know and I will contact a trust board member who has more experience. Thanks Constitution Trust Oldham is a trading style of the Oldham Athletic Supporters Foundation Limited which is a private Limited Company. The shareholding of Oldham Athletic Supporters Foundation Limited is entirely ‘owned’ by the membership base of Trust Oldham. There is no share capital. A board of directors is appointed to manage the Limited company. Directors work on a voluntary basis for the company and volunteer their time/skills to manage the business. In addition to the Articles of Association (with Companies House) the company abides by the following rules: 1. Membership a. Membership of the Company is open to season ticket holders of the club subject to the final discretion of the directors set out in Article 15.2 b. The directors may admit as Members such other persons as they are satisfied are bona fide supporters of Oldham Athletic Football Club during such time as the agreed membership fee is paid. c. The directors may admit other persons not in the above categories as associate members who shall be entitled to attend meetings of the Company but shall not be entitled to vote thereat nor be elected as a director of the Company. d. Applications for membership shall be made in the form of the specimen Trust Oldham Membership Application 2. Board of directors a. Any member of the Company shall be eligible to be appointed or elected as a director, provided they are aged 18 years or over. b. Elected directors shall serve for a period of three years and shall then retire and shall be eligible for re-election. c. Candidates for election must have been proposed in writing 14 days in advance of the date of the meeting. d. The chairman has the discretion to permit the nomination of members for election to the board at an AGM. e. Co-opted directors shall be required to stand for election at the next AGM, unless they have been co-opted within 4 months prior to the date of the meeting. They shall then be required to stand for election at the next AGM. 3. Chairman a. The chairman is elected by the elected directors of the Company. b. Any director who has served a minimum of twelve months as an elected director of the Company is eligible for the chairmanship. c. The elected chairman shall serve for a period of three years or one term. d. A chairman cannot serve for more than two consecutive terms. e. These provisions are in accordance with point 2b above. 4. Oldham Athletic Football Club Director a. The Company is entitled to appoint a director (Club Director) to the board of Oldham Athletic Football Club. b. The position of Club Director is elected by the elected directors of the Company. c. Any director who has served a minimum of twelve months as an elected director of the Company is eligible for the position of Club Director. d. The elected Club Director shall serve for a term expiring at the next board meeting of the Company after a period of three years has expired from their appointment. Nothing shall restrict the board’s power to remove the Club Director at any time. e. A director elected as Club Director cannot serve for more than two consecutive terms. f. The position of Club Director and Chairman can be held by the same person; the board will review this policy annually. g. These provisions are in accordance with point 2b above. Trust Oldham meetings are generally held on a monthly basis. Notice of times and locations of meetings are announced on the Trust Oldham website. Quote Link to comment Share on other sites More sharing options...
oafcmetty Posted June 4, 2015 Share Posted June 4, 2015 Yes, thanks. Those aren't the Articles of Association though. Quote Link to comment Share on other sites More sharing options...
underdog Posted June 4, 2015 Author Share Posted June 4, 2015 Yes, thanks. Those aren't the Articles of Association though. There is a line that says...Articles of Association (with companies house).... So I will try and find out more for you from a board member. Tba Quote Link to comment Share on other sites More sharing options...
oafcmetty Posted June 5, 2015 Share Posted June 5, 2015 Cheers! Quote Link to comment Share on other sites More sharing options...
underdog Posted June 8, 2015 Author Share Posted June 8, 2015 Hello Metty, I have been advised the articles of association are held at companies house ( a Government organisation) and copies can be made available to you £1. Also a member of the Trust board has said they will make sure they are available on the night of ether AGM too. Hope this helps and hope you can make the AGM too Quote Link to comment Share on other sites More sharing options...
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