Issue - meetings

Following consideration of the officer report, appendices and discussion, the Executive resolved:

a)    To agree the approval of the Homes in Sedgemoor annual company accounts for 2023/24.

b)    To agree that the auditors, Bishop Fleming LLP, are re-appointed, in accordance with section 485 of the Companies Act 2006, for the 2024/25 audit of Homes in Sedgemoor.

The Leader of the Council, Cllr Bill Revans, invited the Lead Member for Communities, Housing Revenue Account, Culture and, Equalities and Diversity, Cllr Federica Smith-Roberts, to introduce the item.

Cllr Smith-Roberts explained that the committee were asked to approve the accounts for the 23/24 period.

Cllr Smith-Roberts then handed over to Chris Hall, Executive Director – Community Services, who explained that the paper comes on an annual basis to the council as its sole shareholder, that the financial position is strong and creates stability and that there are no immediate risks identified.

The Leader of the Council, Cllr Bill Revans, invited comments from Committee Members and other Members present. Questions and points raised included: whether this paper should have come to audit or scrutiny; that Homes in Sedgemoor has its own process as the council is the shareholder.

The Leader of the Council concluded the discussion and proceeded to a vote on the recommendations, which were agreed unanimously.

Following consideration of the officer report, appendices and discussion, the Executive resolved:

a)    To agree the approval of the Homes in Sedgemoor annual company accounts for 2023/24.

b)    To agree that the auditors, Bishop Fleming LLP, are re-appointed, in accordance with section 485 of the Companies Act 2006, for the 2024/25 audit of Homes in Sedgemoor.