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Corporate Governance Policy

A completed private-company governance framework covering board roles, committees, reserved matters, conflicts and reporting.

Jurisdiction: England and Wales - completed fictional worked example

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Important: This sample provides general legal information only and is not legal advice. Check the law, prescribed forms and signing requirements that apply to your exact jurisdiction and circumstances before use.

# CORPORATE GOVERNANCE POLICY

Date: 15 July 2030

Parties: Northmoor Analytics Limited and its board

## 1. Purpose and parties

Northmoor Analytics Limited is a private company with five directors: Priya Shah (Managing Director), Jamal Khan (Finance Director), Oliver Grant (Operations Director), Helen Ward (independent non-executive director) and Maya Shah (non-executive director). The policy supplements, and cannot override, the Companies Act 2006, articles or shareholders' agreement.

## 2. Facts, scope and terms

The board sets strategy, approves the annual budget and oversees risk, culture, controls and stakeholder impact. The Managing Director leads execution; the Finance Director owns financial reporting and treasury; the Operations Director owns delivery and resilience. Each director must promote the company's success, exercise independent judgment and disclose interests.

## 3. Process and responsibilities

At least six board meetings occur each year. Quorum is three directors, including one non-executive, unless the articles require more; conflicted directors are excluded where law or the board resolution requires. A simple majority decides, with the chair having no casting vote unless the articles validly provide otherwise.

## 4. Evidence, records and safeguards

Reserved matters require board approval: acquisitions or disposals over £250,000, new borrowing, share issue, dividend, annual budget, related-party transaction, material litigation settlement and a change to this policy. The Audit and Risk Committee reviews accounts and controls; the Remuneration Committee reviews executive pay without conflicted executives deciding their own package.

## 5. Review, escalation and outcome

A director declares an interest at appointment and as soon as it arises under Companies Act 2006 sections 177 and 182. The company secretary records it, the chair decides recusal and the minutes record the decision and quorum. Connected-person and related-party transactions require legal and accounting review.

## 6. Reservations and practical protections

The board receives quarterly management accounts, risk and incident reports, whistleblowing statistics and a conflicts-register review. The company secretary maintains minutes, policies and the delegated-authority schedule; authority may not be used to evade a reserved matter. Annual effectiveness review and training are documented.

## 7. England and Wales law and completion

This policy is approved by the board, communicated to staff and reviewed each July. It is not a substitute for articles, statutory filing or professional advice. England and Wales law applies. The directors approve it on 15 July 2030.

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