Issue - meetings

To confirm the minutes of the previous meeting.

The minutes of the meeting held on 30 September 2020 were agreed as a correct record.

An update was heard from the Deputy Chief Executive and Director of Corporate Resources regarding the external audit of the Statement of Accounts for the year ending March 2020. It was heard that the audit sign off had been delayed beyond November 2020, to allow for the production of a detailed cash-flow forecast to March 2022. It was heard from the external auditor that the cash-flow forecast had been received during December and the accounts were expected to be signed off early in the new year.

In response to Members questions it was heard that the requirement for a cash-flow forecast was introduced this year as a result of the impact of the Covid-19 pandemic, and consideration was being undertaken by the external auditors as to whether this would become an ongoing element of the annual audit.