Finance Meeting
Agenda
Essington Parish Council Finance Sub-Committee Meeting Agenda Monday the 10th of March 2025 at 7pm in the Council Chamber.
Public and Press
Closed Session
Exclusion of the press and public: to exclude the press and public during the consideration of the items set out under agenda Items 12 and 13 on the grounds that it may involve the disclosure of exempt information as set in paragraph 1 of Part 1 of Schedule 12a to the local government act 1972.
Agenda.
1.) Apologies
2.) Declarations of Interest
3.) Minutes of the last meeting the 10th of February 2025
4.) Schedule of Payments – March 2025
5.) Income and Expenditure report – February 2025
6.) Bank Reconciliation both Accounts – February 2025
7.) Interim Audit Arrangements.
8.) Review list of Regular Creditors
9.) Review reserves Figure
10.) Pools Permit charges 2025/26.
11.) VAT Partial Exemption
12.) Tennant’s Rent and License Reviews
13.) . Tennant’s Leases
14.) Date of the next meeting.
15.) Closure.
Signed by Louise Tipler the 4th of March 2025
Minutes
Essington Parish Council Finance Sub-Committee Meeting Minutes held on Monday the 10th of March 2025 at 7 pm in the Council Chamber.
Public and Press
Closed Session
Exclusion of the press and public: to exclude the press and public during the consideration of the items set out under agenda Items 12 and 13 on the grounds that it may involve the disclosure of exempt information as set in paragraph 1 of Part 1 of Schedule 12a to the local government act 1972.
Present: Councillors- Chris Steel, Hilary Southern, James Parker and Ken Moseley.
Also Present: Kate Roberts-RFO.
Minutes
1.) Apologies- Warren Fisher
2.) Declarations of Interest- Chris declared a pecuniary interest in item 6 on the agenda.
3.) Minutes of the last meeting on the 10th of February 2025- Proposed by Ken, seconded by Hilary, all in favour.
4.) Schedule of Payments – March 2025- Proposed by James, seconded by Ken, all in favour to recommend to Full Council for ratification.
5.) Income and Expenditure report – February 2025- Proposed by Chris, seconded by Hilary, all in favour to recommend to Full Council for ratification.
6.) Bank Reconciliation both Accounts – February 2025- Chris declared a pecuniary interest in a reimbursement on the bank statement. Proposed by Ken, seconded by James, all in favour to recommend to Full Council for ratification. Hilary signed the bank recs.
7.) Interim Audit Arrangements- The year end audit had been arranged for the 9th of May 2025. It was agreed to recommend to Full Council to re-appoint the internal auditor, Louise Baudet for the next financial year 2025-26.
8.) Review List of Regular Creditors- All agreed to recommend the List of Regular Creditors to Full Council for ratification.
9.) Review Reserves Figure- Proposed by Chris, seconded by Ken, all in favour for the updated Reserves Policy to be recommended to Full Council for ratification.
10.) Pools Permit Charges 2025/26- Proposed by James, seconded by Hilary, all in favour to recommend to Full Council to keep the permit charges the same for next year.
11.) VAT Partial Exemption- Deferred, to be kept on the agenda as a continual item.
12.) Tenants’ Rent and License Reviews- Further discussions required, to be added to the next Management Agenda.
13.) Tenants’ Leases- Further discussions required, to be added to the next Management Agenda.
14.) Date of the next meeting- 7th of April 2025.
15.) Closure- 20:20 pm
Signed by Kate Roberts the 11th of March 2025
Signed by Warren Fisher, Chair of the Finance Committee ………………………………………7th April 2025.