Mr Paul
Holland, the Senior Finance Manager presented a report on the
External Auditor’s Management Letter. The purpose of the letter was to bring matters of
interest to the Trustees. However, it
was noted that there had been no new recommendations made as a
result of the 2016/17 audit.
However, the Committee noted that the External Auditors had
continued to strongly recommend that the Council set up the
charity’s own accounting records.
Mr Holland advised that this would be a relatively easy process to
undertake.
Members
were concerned after reading the comments under Item 6 –
Status of Audit Issues Raised in Prior Years about the legal status
of the Committee and requested Mr Holland to seek legal advice in
relation to the Members’ limited liability and bring a report
back.
RESOLVED:
1)
That the Committee noted the contents of the
Management Letter and the proposed courses of action from
Officers.
2)
That the Senior Finance Officer be requested to seek
legal advice
in relation to the Members’ limited liability and bring a
report back.
Voting:
Unanimous