A Community First Yorkshire event

Trustee Essentials Session 3 – Understanding Money is My Business

Understanding the three R’s for charity finance: Responsibility, Rules and Risk

As a trustee, you bring your time and enthusiasm to this vital volunteering role. However, not all of us can be a financial whizz. Do you know what questions you should be asking around money management?

All trustees have a shared responsibility for their organisation’s finances. Increasing competition for funding and pressures to improve efficiency means that trustees need to be confident that they understand this essential part of their charity’s strategy.

Event aims

This one hour training session will give you an overview of the key areas that are essential for all trustees. This is your chance to raise any specific questions you may have around your financial obligations.

After 60 minutes, you’ll feel like you’ve had your money’s worth with a more confident approach to charity finance and following where the numbers lead.

This live, interactive training focuses on the role in practice. Along with our trustee training sessions, our training will support you in your role and ensure you are meeting the Charity Good Governance Code.

What will you learn?

By the end of the course you will understand:

  • How to protect your charity’s money, including looking at internal financial controls and identifying and managing risks
  • What you need to do to know about your charity’s financial position, including setting a budget and checking income and expenditure against it
  • The need to keep accurate financial records
  • The rules around payments to trustees
  • Steps you should take to deal with financial problems quickly.
Take advantage of our suite of trustee training sessions

You can either dip your toe into this one training session, or dive right in to all of our sessions.

We’ve developed a suite of trustee training that covers everything you need to know about becoming a great trustee, as set out in the Charity Good Governance Code – from finance and risk, to safeguarding, diversity and recruitment.

Other training sessions available to you include:

Who should attend?

This training is suitable for all trustees who want to obtain a general understanding of their financial responsibilities. It does not require you to have a background in finance.

About the trainer

This training will be delivered by Andy Shield. Andy is an experienced Development Officer and has worked for many years supporting trustees of community groups and charities across North Yorkshire

Cost and concessions

£18 (including VAT)

Concessionary places

Thanks to funding from North Yorkshire County Council, we have free ‘first come, first served’ places if you meet either of the criteria below. You can self-select a free place during booking.


  • You are from a North Yorkshire VCSE organisation with an income of up to £5k


  • You are from a North Yorkshire VCSE organisation with an income of up to £25k which is experiencing financial hardship and would struggle to pay .

These spaces are limited so if a free place is not shown when you go to book, you can ask to be added to the waiting list for a free place on a future training session.

No shows and concessions

Please note that if you don’t attend training that you have booked on without giving seven days notice, you will be required to make the full payment. This also applies to free places. This is to allow as many participants as possible access to our training. See our Terms and Conditions for more information.


Attendees can receive refunds for cancellations up to seven days before the event date.

Contact details

If you have any questions about booking or invoicing please contact info@communityfirstyorkshire.org.uk or telephone 01904 704177.

Booking details

Book you place on this session here.
Booking deadline date: Tuesday 31 Jan 2023, 12:00pm