Agenda and draft minutes

To receive apologies for absence from Members to determine the quorum of the meeting in accordance with Rule 7 of Part 4 of the Constitution.

Councillor P Joshi attended the meeting remotely.

To appoint substitute Members in accordance with Rule 26 of Part 4 of the Constitution and the Substitution Procedure Rules.

None.

Members are reminded that any declaration of interest should be made having regard to the Members’ Code of Conduct. In particular, Members must make clear the nature of the interest and whether it is 'pecuniary' or ‘non-pecuniary'.

None.

To read, confirm and approve the minutes of the previous meeting in accordance with Rule 19 of Part 4 of the Constitution.

By affirmation of the meeting, it was

RESOLVED THAT:

The minutes of the previous meeting held on 22 January 2025 be taken as read, confirmed and approved.

For                  4

Against          0

Abstentions  1

There was no Action List arising from the previous meeting.

There was no Action List arising from the previous meeting.

To receive any Petitions and, or, Deputations in accordance with Rule(s) 11 and 12 of Part 4 of the Constitution and the Petitions Procedure Rules respectively.

None.

Report of the Chief Finance Officer / S151 Officer

The Committee gave consideration to the report and appendix (as set out at pages 6-15 of the agenda reports pack) which introduced SWAP to the Audit Committee and outlined the Audit Plan for 2025/26.      

It was moved by the Chair, seconded by Councillor S Z Haq and

UNANIMOUSLY RESOLVED THAT:

The content of the report be noted and the Audit Plan for 2025/26 be agreed.

Report of the Chief Finance Officer / S151 Officer

Cllr J Kaufman joined the meeting at 18.28

The Committee gave consideration to the report and appendix (as set out at pages 16-64 of the agenda reports pack) which presented the External Auditors 2024/25 Audit Plan and Risk Assessment.

By affirmation of the meeting, it was

UNANIMOUSLY RESOLVED THAT:

The content of the report and appendix be noted.

Report of the Chief Finance Officer / S151 Officer

The Committee gave consideration to the report and appendices (as set out at pages 65-87 of the agenda reports pack) which gave details of the draft accounting policies and materiality levels for the 2024/25 Financial Statements.

It was moved by the Chair, seconded by Councillor C S Gore and

UNANIMOUSLY RESOLVED THAT:

The content of the report be noted and the following be approved:

1. The Draft Accounting Policies for the 2024/25 Financial Statement as detailed in Appendix 1; and

2. The materiality levels as set out in Appendix 2; and

3. Delegate authority to Section 151 officer to make any necessary amendments

Report of the Chief Finance Officer / S151 Officer

The Committee gave consideration to the report and appendix (as set out at pages 88-95 of the agenda reports pack) which presented the Strategic Risk Register to Committee for information.

By affirmation of the meeting, it was

UNANIMOUSLY RESOLVED THAT:

The content of the report and the Strategic Risk Register, as set out in appendix 1, be considered and noted.

Report of the Chief Finance Officer / S151 Officer

The Committee gave consideration to the report and appendix (as set out at pages 96-111 of the agenda reports pack) which gave an update on Internal Audit’s progress on delivering the 2024/25 Audit Plan.

By affirmation of the meeting, it was

UNANIMOUSLY RESOLVED THAT:

The progress made in delivering the 2024/25 Audit Plan be noted.