Register of Interests

Purpose

This document establishes the formal Register of Interests for Towerblock Radio CIC, as required by the Companies Act 2006 and Community Interest Company Regulations.

Scope

This register covers all directors, senior staff, and anyone involved in financial or contractual decision-making.

Definitions

• Registerable interest means any financial or personal interest that could conflict with the interests of Towerblock Radio CIC.
• Connected person means a spouse, civil partner, family member, business partner or close personal associate.

Responsibilities

Each director and relevant staff member must complete the declaration form on appointment, update it annually, and inform the board chair whenever a new interest arises.

Policy Statement

Towerblock Radio CIC maintains a Register of Interests to ensure transparency, accountability and good governance.

Detailed Procedures

What must be declared

• Employment, directorships or ownership in any business.
• Financial interests in any supplier, contractor, partner or competitor.
• Ownership of intellectual property, music rights or content used by Towerblock Radio CIC.
• Family or personal relationships with directors, staff, volunteers, suppliers or partners.
• Any other interest that could reasonably be perceived as a conflict.

How to declare

Complete the declaration form, submit it to the board chair, and update it at least annually and whenever circumstances change.

Register format

The register records name, role, nature of interest, date declared, date updated, and action taken if relevant.

Reporting Process

Failure to declare an interest is a breach of this policy and may result in disciplinary action or removal from the board.

Compliance Requirements

• Companies Act 2006.
• Community Interest Company Regulations 2005.
• Charity Governance Code (best practice).

Monitoring

The register is reviewed at every board meeting. An annual audit is conducted.

Review Cycle

This policy shall be reviewed annually.

Version Number

Version 1.0

Approval Section

Approved by: Towerblock Radio CIC Board Date: July 2026 Next review: July 2027

Related Policies

• Conflict of Interest Policy
• Board Governance Policy
• Gifts and Hospitality Policy

Website URL slug

/policies/register-of-interests

Meta Title

Register of Interests | Towerblock Radio

Meta Description

Towerblock Radio CIC's Register of Interests covering declaration of financial, personal and family interests by directors and decision-makers.

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Governance

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