In a recent reply (“How can these directors avoid personal liability?”, 11 July), you said:

“No-one who is involved in the running of an organisation can absolutely ensure that they will never suffer any loss as a result of that involvement.”

This led our trustees to a discussion on the potential for personal liabilities to impact negatively on board recruitment; and from there to the issue of risk management generally. Are you aware of any general resources available regarding techniques for managing risk in the not-for-profit sector?

As part of a funding application I have been asked if we have a 'Risk Policy'. Currently we don't. Should we? Could you tell me what it should cover or provide an example. We are a local charity (Bristol) working with young people and adults. Our turnover is approximately £200,000 per year. Chris