Decision details

See also the Statement of Accounts website. 

The Corporate Governance Committee APPROVED the Statement of Accounts, subject to the following minor amendments:

• On page 21 the 7^th bullet point under the heading The Corporate Governance Committee was amended to read “To receive reports from the External Auditors”.
• On page 38, under the heading Cash Inflows the amount in column 2008/09 for Other Government Grants was increased by £683,065 to £2,467,402, whilst the amount in the same column for Cash received for goods and services was decreased by the same amount to £7,352,877.
• On page 38 the heading Revenue expenditure funded from capital under statute was moved to be under the heading Revenue Activities - Cash Outflows.
• On page 38 the heading Net cash inflow before financing was amended to read Net cash outflow before financing.
• On page 50 the figure for Sundry Debtors for 31 March 2008 was to be amended.
• On page 76 the heading Adjustment for 2006/07 was amended to Adjustment for previous year.

The Committee requested that in future underspends should be in both percentage and absolute terms.