Agenda item

This report presents the amended annual accounts for the following financial years: 2015/16, 2016/17 and 2017/18 for the approval of the Trust Committee.

RESOLVED:

i)     That the amended accounts for the 2017/18 financial year as set out in Appendix A and any necessary minor consequential amendments to the Annual Report for the 2017/18 financial year be approved for submission to the Charity Commission before 31 January 2019;

ii)    That  the amended accounts for the financial years 2015/16 and 2016/17 as set out in Appendices C and E be approved for submission to the Charity Commission.

iii)   That the Independent Reviews of the Accounts by the Independent Examiner for the financial years 2015/16, 2016/17 and 2017/18 as set out in Appendices B, D and F be noted.

iv)   That Officers be authorised to update the Charity Commission with the above-mentioned amended and updated accounts for the aforementioned financial years and the Annual Report;

v)    That authority be delegated to the Operational Director for Environmental Services to deal with any issues arising regarding Barham Park Trust’s accounts with the Charity Commission. 

The committee received a report presenting amended annual accounts for financial years 2015/16, 2016/17 and 2017/18 for consideration and approval. The Charity Commission had requested that the accounts be revised in order to show that the funds for the sale of 776 and 778 Harrow Road were classed as restricted funds. The amended accounts had been subject to an independent examination by the Head of Audit and Investigations and the resulting reports were provided as appendices to the report. Arnold Meagher (Head of Litigation and Dispute Resolution) drew the committee’s attention to paragraph 3.4 of the report which set out a further minor amendment to the accounts for 2017/18. It was highlighted that as at 31 March 2018, the total Trust balance amounted £463,808 which was £1,349 less than the figure reported to the Trust Committee on 4 September 2018. This change was due to a correction of the brought forward figure from 2016/17 which officers had identified as a result of revising the accounts for 2017/18. With the permission of the Trust, the annual report for 2017/18 would be amended to reflect these changes.

The Chair thanked the officers for their introduction to the report.

RESOLVED:

i)     That the amended accounts for the 2017/18 financial year as set out in Appendix A and any necessary minor consequential amendments to the Annual Report for the 2017/18 financial year be approved for submission to the Charity Commission before 31 January 2019;

ii)    That  the amended accounts for the financial years 2015/16 and 2016/17 as set out in Appendices C and E be approved for submission to the Charity Commission;

iii)   That the Independent Reviews of the Accounts by the Independent Examiner for the financial years 2015/16, 2016/17 and 2017/18 as set out in Appendices B, D and F be noted;

iv)   That Officers be authorised to update the Charity Commission with the above-mentioned amended and updated accounts for the aforementioned financial years and the Annual Report;

v)    That authority be delegated to the Operational Director for Environmental Services to deal with any issues arising regarding Barham Park Trust’s accounts with the Charity Commission.