ASET is a charity, and operates on a not-for-profit basis. All surplus income is used to provide services to members, to support students and to further the aims of our organisation.
We report annually to the Charity Commission, and our registered charity number is 285104 (view our latest accounts). Our Memorandum and Articles of Association, referred to as our Constitution, was updated in 2020, ratified by special resolution at the 2020 AGM and is available to view here. We are governed as a charity by our Board of Trustees, and our Trustees contribute to the running of our organisation by being members of our Executive Committee and Directors of the Association. Tracked M&A
Our Constitution allows our Executive Committee to have up to fifteen members who may be Trustees or co-opted individuals. We also have a President and the following Officers positions; Chair, Vice-Chair and Treasurer. Both Officers and Trustees are elected by the membership and give their time on a voluntary basis. Each must be nominated and seconded by representatives of member institutions, and their election takes place at our Annual General Meeting which is typically held at Conference in September. The term of service for a Trustee is three years, after which they are required to retire from office, but are eligible for re-election.
As a membership organisation the operations of ASET are open and transparent. Please see below for links to policies which assist with the running of our charity