14 | Chris Leeland Audit Manager and David Kenworthy Auditor attended the meeting.
Committee received the Governance Report and were advised of the changes in respect of adjustments to FRS17 of £827,000.
In addition it was reported that the collection fund account as presented to Personnel and Resources Committee on 25 June 2007, showed sums due and void allowances in respect of NNDR at net cost with figures of (£17,823,000)and (£112,000) respectively. These figures had now been shown at gross cost in line with proper accounting practice. The figures. therefore, were (£18,873,000) and (£938,000)respectively. This had no effect on the net collectable yield which remained at (17,267,000) |