Decision details

The Committee considered the Statement of Financial Activities for the year to 31 March 2023 and the recommendation to authorise its submission.

It was clarified that the accounts followed the usual local authority format whereby income is denoted with a minus number.

Richard Hodby confirmed that there was no tax liability as the interest was exempt for a charity.

RESOLVED to:

a)                          Approve the Statement of Financial Activities for the year to 31 March 2023 annexed to this report and

b)                          Authorise a Council officer to submit data from the Statement to the Charity Commission online before midnight on 31 January 2024 so that annual financial reporting obligations are complied with.