Minutes of Finance Committee 17 October 2018

MINUTES OF A MEETING OF CHOPPINGTON PARISH COUNCIL FINANCE COMMITTEE HELD ON WEDNESDAY 17 OCTOBER 2018 IN THE PARISH COUNCIL OFFICES

THOSE ATTENDING:

Cllr H Allsopp

Cllr E A Barrell (Chair) Cllr K Grimes

Cllr G Huntley Cllr J Rowell

IN ATTENDANCE:

Ms A Brindley Deputy Parish Clerk.

AGENDA PART 1

F008/18

F009/18

F010/18

F011/18

F012/18

APOLOGIES FOR ABSENCE.

The following apologies were received: Cllr P Vaughan (work commitment) The meeting agreed that these were proper reasons for absence.
MEMBERS DECLARATION OF DISCLOSABLE PECUNIARY AND OTHER REGISTERABLE INTEREST(S).

No declarations were made.

MINUTES OF THE MEETING OF THE FINANCE COMMITTEE OF
24JULY 2018

The minutes were received and adopted as a true record of proceedings and the Chairman was authorised to sign as such

MATTERS ARISING

There were no matters arising

FINANCIAL PERFORMANCE TO THE END OF THE FINANCIAL QUARTER JULY – SEPTEMBER 2018

The Deputy Parish Clerk reported on expenditure and income undertaken during the second financial quarter. The budget line for

external audit was showing a credit balance; it was explained that as the audit expenditure relating to year 2017/18 is to paid in the October of this year, an accrual was made at the end of the 2017/18 year to account for the cost in the correct year, which then reversed as a credit in this current year.

F0013/18 6.
RESOLVED: Members resolved that no additional actions were required.
TAX IMPLICATIONS ARISING FROM ALLOWANCES PAID.

Members were made aware that the Parish Clerk is seeking clarification from HMRC regarding the tax implications arising from allowances.
RESOLVED: Members requested that the Parish Clerk report his findings at the next meeting

AGENDA – PART 2.

There were no items for consideration

There being no further business the meeting closed at 10.30.

Signed by the Chairman: ……………………………………………. Date: …………………..