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Lutterworth College

Finance, Audit & Risk Committee (FARC)

The Finance, Audit & Risk Committee of The Laurels Academies Trust meets five times a year and is responsible for:

  • Audit - Examining the audited financial statements and management report with the appointed external auditor.
  • Finance - Ensuring the Trust operates within the guidelines of the Academies Financial Handbook. Monitoring and reviewing of financial reports and information. Making finance and business-related recommendations to the Board of Directors. 
  • Risk - Review and monitor the Trust's risk management strategy and register.
  • Estates (including Health & Safety) - Monitor and review the Trust's Estates strategy. Receive updates and reports from the Health & Safety Committee.

The Chair of the Finance, Audit & risk Committee is Adam Durnin.