When running a PTA, you’ re bound to encounter challenges – and that’ s where we can help. At Parentkind, we have a dedicated team of advisers, headed up by our PTA Community Manager, Clare. With 25 years of experience and a wealth of knowledge to share, she offers her straight-talking advice on your issues Who should be the signatories on our PTA bank account? The school is suggesting the School Business Manager.

Do we have to hold a certain amount of money as a reserve?

Only elected committee members should be signatories on the bank account as they are responsible for the running of your association. If the School Business Manager isn’ t an elected committee member, they can’ t be a signatory. Remember, the funds raised by your PTA belong to your PTA and not the school, so it’ s not the school’ s job to keep an eye on things.

You only really need as much money in your account as you need to run your next event and make any regular payments. It’ s a good idea to have a minimum level of reserves based around that, but it’ s not essential. You shouldn’ t be building up large sums of money either. Your funds need to be spent in line with the objects in your constitution, and if they’ re not spent, no one is benefitting. Obviously if you’ re saving up for a large project, that’ s different! 16 PARENTKIND. ORG SUMMER 2026