Issue - meetings
River Hamble Statutory Accounts 2016/17
Meeting: 14/07/2017 - River Hamble Harbour Board (Item 10)
10 River Hamble Statutory Accounts 2016/17 
PDF 88 KB
To consider a report of Director of Culture, Communities and Business Services presenting the final accounts for the financial year 2016/17.
Additional documents:
Minutes:
The Board considered the report of the Directors of Corporate Resources
and Culture, Communities and Business Services (Item 10 in the Minute Book).
Members noted the challenges of the current financial climate for the County Council as a whole and were aware of the work ongoing into the Transformation to 2019 programme and further financial constraints that this was expected to place on the organisation.
RESOLVED:
a) That the River Hamble Harbour Board approves this report, the statutory accounts and management accounts for 2016/17.
b) That the Board notes the level of the General Reserve as at 31 March 2017, at £88,062, and that whilst the balance is reducing, it remains in excess of the stated level in the reserves policy.
Meeting: 23/06/2017 - River Hamble Harbour Management Committee (Item 9)
9 River Hamble Statutory Accounts 2016/17 PDF 87 KB
To consider a report of Director of Culture, Communities and Business Services presenting the final accounts for the financial year 2016/17.
Additional documents:
Minutes:
The Committee considered the report of the Directors of Corporate Resources and Culture, Communities and Business Services (Item 9 in the Minute Book).
An outline of the accounting structure for the Harbour Authority was provided for members including the requirement to prepare statutory accounts. Information regarding the Authority’s reserves policy and reserve accounts, as outlined in section 5 of the report, was provided for the Committee.
In response to members’ questions it was clarified that the variance between the budgeted and actual spend on IT charges, as listed on page 87, was due to the decision not to implement the e-harbours management system.
RESOLVED:
a) That the report, the statutory accounts and management accounts be noted by the River Hamble Harbour Management Committee and submitted to the River Hamble Harbour Board for approval.
b) That the Committee notes the level of the General Reserve as at 31 March 2017, at £88,062, and that whilst the balance is reducing, it remains in excess of the stated level in the reserves policy.