LVC as a Community Benefit Society

Leicester Vaughan College is a community benefit society (no. 7622) and is registered with the Financial Conduct Authority (FCA) as a limited company.  Membership of the Society costs £1 and is open to anyone who subscribes to its ‘objects’, that is, the aims of the Society. The Society has opted to have an ‘asset lock’ and is run on a not-for-profit basis.  To find out more about what it means being a Community Benefit Society visit here.  Becoming an member is very easy and we always welcome new members! 

As a community benefit society, Leicester Vaughan College is run by a Board of Directors which have been elected by members of the society at the Annual General Meeting. The Board is permitted to co-opt two further board members if necessary.  The list of the current Board and their qualifications can be found here. Until the launch of our first degree programmes, the Board is responsible for overseeing the running of the College and its progress towards degree-awarding powers.   There are two main sub-committee of the Board which deal with finance and academic matters.