Issue - meetings

This item reports on the final accounts for the financial year 2017/18 and the financial position as at 31 March 2018.

The Conservators received a report providing the final accounts for the financial year 2017/18 and the financial position as at 31 March 2018.

Expenditure exceeded income by £3,230, leading to a reduction in the working balance of the same amount. A working balance of £49,585 had been carried forward to the 2018/19 financial year, in addition to a repairs and renewals fund of £31,057.

The Conservators were informed that the electricity charge for the Tattenham Corner conveniences (listed on page 56 of the agenda) had been queried with the service provider. It had been confirmed to be an overbilling, and the excess amount would be credited to the Conservators account.

Following consideration, the Conservators:

(1)          Agreed that the final accounts for 2017/18 be received, subject to external audit.

(2)          Approved the Annual Governance Statement as set out in section 1 of Annex 3 to the report.

(3)          Considered and approved the Accounting Statements as set out in section 2 of Annex 3 to the report.

(4)          Confirmed that the arrangements for the internal audit as set out in the report were effective for auditing purposes.

(5)          Agreed that the Chairman and Clerk be authorised to sign the Annual Governance Statement and the Accounting Statements on behalf of the Conservators.