Agenda and minutes

None received.

RESOLVED:

That the minutes of the above meeting, having been circulated, be approved as a correct record.

None.

Report of the Chief Executive.

The Chief Executive introduced a report, which had been circulated in advance of the meeting updating Members in relation to the progress made against the recommendations of the Commercialisation Audit Report dated June 2021.

RESOLVED:

To note the progress to date in relation to the Commercialisation Audit Report dated June 2021.

Report of the Audit Manager (BDO)

Gurpreet Dulay (BDO Internal Audit) introduced a report, which had been circulated in advance of the meeting, summarising the outcome of the internal audit activity completed by the BDO Internal Audit Team for the period April to December 2021.

RESOLVED:

To note the report and actions taken or to be taken.

Report of the Audit Manager (BDO).

Gurpreet Dulay (BDO Internal Audit) introduced a report, which had been circulated in advance of the meeting, summarising the status of previous audit recommendations which had fallen due by the end of November 2021.

RESOLVED:

To note the report and actions taken or to be taken.

Report of the Director of Corporate Resources.

The Head of Finance and ICT introduced a report, which had been circulated in advance of the meeting, updating members on the current level of assurance that could be provided against each corporate risk.

RESOLVED to:

Note the progress of actions identified within the Corporate Risk Register.

Report of the Director of Corporate Resources.

The Director of Corporate Resources introduced a report, which had been circulated in advance of the meeting, seeking approval of the accounting policies applied in the production of the 2020/21 financial statements.

RESOLVED

To approve the Accounting Policies 2020/21 as set out in the appendix.

There were no urgent items although the Chair asked for the Committee’s thanks to our finance staff and auditors be put on record.