To note any declarations of interest made by Members, including those restricting Members from voting on the questions detailed in Section 106 of the Local Government Finance Act, 1992. 

See attached note from the Monitoring Officer.

Members are reminded to consider the categories of interest in the Code of Conduct for Members to determine whether they have an interest in any agenda item and any action they should take. For further details, please see the attached note from the Monitoring Officer.

Members are reminded to declare the nature of the interest and the agenda item it relates to. Please note that ultimately it’s the Members’ responsibility to declare any interests form and to update their register of interest form as required by the Code.

If in doubt as to the nature of your interest, you are advised to seek advice prior to the meeting by contacting the Monitoring Officer or Democratic Services

None were declared.

DECISION:

1.    Approve the audited accounts for 2018/19 and 2019/20 for submission to the Charity Commission;

2.    Approve the annual reports for 2018/19 and 2019/20 for submission to the Charity Commission;

3.    Note, and have regard to, the Charity Commission’s Public Benefit Guidance.

Catherine Boyd, Head of Arts and Events, introduced the report and outlined the work of the King George’s Field, Mile End Charity, including a summary of the charity’s operations and assets and a highlight of the key achievements in both periods covered by the annual reports: 2018-19 and 2019-20.

Ahsan Khan, Chief Accountant, provided a summary of the financial position and the financial highlights of the trust in the same periods and presented a summary of the key changes that had been requested by the auditor following their review of the draft accounts for 2018/19 and 2019/20.

Kevin Bartle, Interim Corporate Director Resources, asked the Board to note the positive developments with the charity’s financial management in recent years, including the external auditing of its accounts. Kevin informed the Board that the auditors had highlighted a couple of issues of minor significance, which had since been corrected. The Board would be asked to investigate the Charity’s in-year deficit in 2019-20 at its next meeting.

The Board welcomed the report and offered its thanks to officers for the financial discipline demonstrated. Members indicated they looked forward to reviewing at the 2019-20 in-year deficit at the next meeting. Accordingly it was:

RESOLVED that:

1.    The audited accounts for 2018/19 and 2019/20 be approved for submission to the Charity Commission;

2.    The annual reports for 2018/19 and 2019/20 be approved for submission to the Charity Commission; and

3.    The Charity Commission’s Public Benefit Guidance be noted.

Nil items.

Nil items.