It is recommended that the Lead Cabinet Member agrees to write off the debt of £40,383.18 in respect of Sven Investments Ltd.
All reasonable efforts to recover the debts have been attempted and have proved unsuccessful. There is no likelihood of the debts being recovered and it is appropriate to write it off at this time to ensure good accounting practice.
Decision type: Non-key
Decision status: Recommendations Approved
Wards affected: Histon & Impington;
Notice of proposed decision first published: 04/02/2020
Decision due: 3 February 2020 by Lead Cabinet member for Finance
Lead member: Lead Cabinet member for Finance
Lead director: Chief Finance Officer
Department: (All Services)
Contact: Katie Kelly, Revenues Manager Email: email@example.com Tel: 01954 713109.