Lakes Academies Trust recognises and appreciates the vital role of governors and directors and their importance in raising standards and quality across the trust.
The Multi-Academy Trust is one legal entity, a charitable company limited by guarantee.
The three levels of governance are:
Members who agree the articles of association which define the charitable purpose and how the Multi-Academy Trust will run, appoint Trustees and remove if necessary, sign off company accounts and annual report and hold the Board of Trustees to account.
Board of Trustees who have ultimate responsibility for running each academy and will deal with the strategic running of the Multi Academy Trust. The Board delegates the day to day running of each academy to a Local Governing Body. The level of delegation can be different for each academy. Accountability always remains with the Board of Trustees.
Local Governing Body who have powers delegated by the Board of Trustees to oversee the day to day running of each academy. Annual funding is delegated to each academy on an individual basis. The Multi Academy Trust is a single employer, sharing procurement and resources across its schools.