Issue details

Write off of debt in excess of £25,000

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: katie.kelly@scambs.gov.uk Tel: 01954 713109.

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