A message regarding the governance of LJHA from Jayne Wynick, Chair of the Board of Management:
“As a sector we continue to operate in challenging times and effective governance and strong leadership has never been more important. Our Board of Management receive no remuneration for the work they do but as committed volunteers bring together a wealth of skills, knowledge and experience and are committed to working with tenants, staff and stakeholders to find ways to continually improve how the Association operates.
We work hard to ensure our governance structure and processes add value to the Association. Individual Board members and the group as a whole receive regular appraisals, training and exposure to the hot topics affecting the social housing sector as a whole.
All Housing Associations are overseen by Government in the form of The Regulator of Social Housing. In the past year we have challenged ourselves against the Regulators standards to ensure Leeds Jewish is in good hands.
I am proud to Chair LJHA, and along with our Chief Executive, lead an organisation that puts Tenants and Residents at the heart of everything we do.”
Our Board of Management take the overall responsibility for leading LJHA whilst 2 sub-Board will challenge activity at a more detailed level. They are:
Operations sub-Board – who focus on the operational performance of LJHA with relation to all tenant facing and property related services.
FARS sub-Board – who focus on all aspects of Finance, Audit, Resources and Risk within LJHA.
Each year we produce and publish annual financial statements (sometimes known as annual accounts or statutory accounts) for our stakeholders, including shareholders, tenants and residents, employees, local authority, regulator, suppliers and supporters in the community in which we work.
The financial statements set out the organisations activities and contain an overview of our financial position at the end of the financial year. All housing associations are required by their regulator to publish a Value for Money statement each year. LJHA’s Value for Money statement is included in the financial statement.
Leeds Jewish Housing Association’s treasurer, currently Daniel Myers, reports on LJHA’s accounts each year at the Annual General Meeting.