Issue - meetings

External Audit Management Letter 2016/17

Meeting: 25/01/2018 - Cobtree Manor Estate Charity Committee (Item 50)

50 External Audit Management Letter 2016/17 pdf icon PDF 58 KB

Additional documents:

Minutes:

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