treasurer

Planning for the future: Finance

As lockdown starts to be lifted, groups are thinking about whether they will be able to resume rehearsals in the coming months. Each group will be in a different position and must assess the risks and take decisions based on its own situation, location and membership.

Now is the time to research your options, talk to your members, meet as a committee and make a plan for the next three to six months or year ahead.

Top tips for treasurers

The position of treasurer in an amateur music group is an important one – they are the person who receives money and makes payment on behalf of the group, and keeps an eye on the bank balance to make sure that the group remains solvent.

Example committee role descriptions

Committee or management teams tend to work best with clear and defined roles. The simplest way to do this is to have a role description for each position on the committee or management team. It means whoever is in the role understands what their job is and what they are responsible for, helps all members to understand what everyone does and can be invaluable if an occasional territorial disputes crops up.

Group accounts template

We have put together an accounts template to help you manage your finances.