Agenda

Finance and Risk Committee Agenda

7:45pm Wednesday 18 December 2024 

Function Room, St Andrews Community Centre, Saxilby, LN1 2LP.

 

1. Receive apologies and accept valid reasons for absence  

2. To consider granting dispensation requests  

3. Receive declarations of interest in accordance with the Localism Act 2011

4. Approve the notes of the 20 November 2024 finance and risk committee meeting as minutes 

5. Note the meeting action log

6. Review the internal auditor reports for month end and agree any recommended actions (Financial Reg. 2) Month 8: November 

7. Recommend to full council to open a savings account, and associated current account, to ensure balances under FSCS protection limits in accounts.

8. Recommend to full council to update Financial Regulations para 9.1 and 9.3 to include the Community Centre Supervisor 

9. Recommend to full council for the administration assistant to be added as a banking administrator on the council’s accounts 

 

To approve the September 2024 (month 6) financial reports (FR.5b)

10. Income, payments, and transfers– Nov. deferral

 

To approve the October 2024 (month 7) financial reports (FR.5b)

11. Income and expenditure (FR.4i) – Nov. deferral

12. Income, payments, and transfers (FR.5b) – Nov. deferral

 

To approve the November 2024 (month 8) financial reports (FR.5b)

13. Explanations of variances for income and expenditure and agree any virements and journals (FR.4i)

14. Income and expenditure (FR.4i) [report pp17-34]

15. Verified bank reconciliations and sign the reconciliation and bank statements (FR.2b) [report pp1-10]

16. Income, payments, and transfers (FR.5b) 

 

17. CLOSED SESSION – Committee to resolve to go into closed session in accordance with the Public Bodies (Admissions to Meetings) Act 1960 for the following item on the grounds that publicity would be prejudicial to the public interest by reason of the confidential nature of the business to be transacted  

18. Consider and provide feedback on the draft budget 

19. Review the outstanding purchase ledger and sales ledger balances, agree actions making any recommendations to full council

 

Lydia Hopton, Parish Clerk

13 December 2024