The governing body of the Company is the Court, which is made up of the Master (who presides), the Senior and Junior Wardens, the Treasurer, the Almoner (who is Chairman of the Charity Trustees), the Senior Past Master, recent Past Masters and a number of other Court Assistants (usually including the President, Deputy President and Vice-President of the ICAEW if they are Liverymen of the Company).
The Junior Warden usually serves one year, before being elected as Senior Warden, when the Senior Warden is elected as the coming year’s Master.
The Court usually meets four times a year and takes all decisions affecting the Company, such as its activities, finances, membership, participation in the affairs of the City and support for the Lord Mayor and Corporation of the City of London. Court Assistants are initially appointed for a five-year term and can serve a second term.
The Clerk and the Events Organiser are responsible for the Company’s administration.
There is a related, but independent Charity (Number 327681), controlled by Trustees appointed from the membership, chaired by the Almoner.