Treasurer's Toolkit
By Cycling UK
The treasurer performs an important function on behalf of the group. Photo by Ian Stratton
The treasurer holds and accounts for any money collected in the name of the group.
They should do this by:
- opening a bank account in the name of the group;
- processing any membership fees both incoming and outgoing on behalf of the group;
- preparing an Annual Statement of Accounts for audit and presentation to the AGM of the group. The statement should include a list of group's assets with current values;
For Cycling UK Member Groups, the treasurer should:
- prepare an Annual Statement of Accounts for audit and presentation to the AGM of the group. The Statement should include:
- a list of group's assets with current values; and
- summaries of the accounts of any groups who have opted to share accounting procedures;
- liaise with the honorary auditor appointed by the group;
- complete an annual Subscription Allocation Claim and submit it to the finance manager at Cycling UK National Office;
- submit a claim for Special Allocation Funding if so required by the group.
- return any monies to Cycling UK on dissolution of the group.
