Agenda and minutes

Finance and Resources Committee of the Board of Governors of the Guildhall School of Music & Drama - Monday, 12th November, 2018 1.45 pm

Venue: Committee Room - 2nd Floor West Wing, Guildhall. View directions

Contact: Martin Newton
tel. no.: 020 7332 3154  Email: martin.newton@cityoflondon.gov.uk

Items
No. Item

1.

Apologies

 ...  view the full agenda text for item 1.

Minutes:

No apologies received.

 ...  view the full minutes text for item 1.

2.

Members' declarations under the Code of Conduct in respect of items on the agenda

 ...  view the full agenda text for item 2.

Minutes:

There were no declarations.

 ...  view the full minutes text for item 2.

3.

Public Minutes pdf icon PDF 54 KB

To agree the public minutes of the meeting held on 8 January 2018.

 

 ...  view the full agenda text for item 3.

Minutes:

RESOLVED – That the public minutes of the meeting held on 8 January 2018 be approved as a correct record.

 ...  view the full minutes text for item 3.

4.

Committee Terms of Reference pdf icon PDF 51 KB

To note the terms of reference of the Committee.

 ...  view the full agenda text for item 4.

Minutes:

RECEIVED.

 ...  view the full minutes text for item 4.

5.

Questions on matters relating to the work of the Finance & Resources Committee

 ...  view the full agenda text for item 5.

Minutes:

On premises, the Committee noted the Principal’s comment that there had been discussion but no further progress as yet on the Golden Lane UAL building, but that the nearby Italia Conti School premises would be visited as would another option in Goswell Road, London Borough of Islington. For the latter, Members were informed that it was understood there was no education covenant in place.   

 

 ...  view the full minutes text for item 5.

6.

Any other business that the Chairman considers urgent

 ...  view the full agenda text for item 6.

Minutes:

There was no urgent public business.

 ...  view the full minutes text for item 6.

7.

Exclusion of the public

MOTION - That under Section 100A(4) of the Local Government Act 1972, the public be excluded from the meeting for the following items of business on the grounds that they involve the likely disclosure of exempt information as defined in Part I of Schedule 12A of the Local Government Act.

                                                                                     

 

                                                                                     

 ...  view the full agenda text for item 7.

Minutes:

RESOLVED – That under Section 100A(4) of the Local Government Act 1972, the public be excluded from the meeting for the remaining items of business on the grounds that they involve the likely disclosure of exempt information as defined in Paragraph 3 of Part I of Schedule 12A of the Local Government Act.

 ...  view the full minutes text for item 7.

8.

Non Public Minutes

To agree the non-public minutes of the meeting held on 8 January 2018.

 

 ...  view the full agenda text for item 8.

Minutes:

RESOLVED  - That the non-public minutes of the meeting held on 8 January 2018 be approved as a correct record.

 ...  view the full minutes text for item 8.

9.

Annual Accountability Return

Report of the Acting Head of Finance and Business Administration.

 

 ...  view the full agenda text for item 9.

Minutes:

The Committee considered the report of the Acting Head of Finance and Business Administration on the annual accountability return.

 

 

 

 ...  view the full minutes text for item 9.

10.

Accounts Direction

Report of the Principal.

 ...  view the full agenda text for item 10.

Minutes:

The Committee considered the report of the Principal on the accounts direction for 2018/19.

 ...  view the full minutes text for item 10.

11.

Financial Commentary

Report of the Acting Head of Finance and Business Administration

 ...  view the full agenda text for item 11.

Minutes:

The Committee considered the report of the Acting Head of Finance and Business Administration on the financial commentary.

 

 

 ...  view the full minutes text for item 11.

12.

Finance Review

Report of the Principal. 

 

 

 ...  view the full agenda text for item 12.

Minutes:

With the agreement of the Chairman, the Committee considered the late report of the Principal on the management information ‘dashboard’ – September 2018 (period 6).

 ...  view the full minutes text for item 12.

13.

School Budget 2019/2020

Report of the Principal.

 ...  view the full agenda text for item 13.

Minutes:

Members considered the report of the Principal on the School Budget 2019/20.

 ...  view the full minutes text for item 13.

14.

Non Public Questions on matters relating to the work of the Finance & Resources Committee

 ...  view the full agenda text for item 14.

Minutes:

There were no questions.

 

 ...  view the full minutes text for item 14.

15.

Any other business that the Chairman considers urgent and which the Sub Committee agree should be considered whilst the public are excluded

 ...  view the full agenda text for item 15.

Minutes:

There were no urgent items.

 

 ...  view the full minutes text for item 15.