The aim of the AGM is to provide the trustees and/or the committee members the opportunity to explain their management of the institution to the members. It also provides the members of the institution with an opportunity to ask questions before voting on business items on the agenda.
A charity’s AGM is held once a year and members of the institution can attend and vote. The governing document will state when it must be held. This may be in a particular month or within a certain period after the end of the financial year.
The business that must be considered by the AGM will usually be specified in the governing document or by underlying legislation.