Agenda item

To receive the auditors’ report and financial statements relating to City’s Cash, Bridge House Estates, City’s Cash Trust Funds and Sundry Trust Funds.

FINANCE COMMITTEE

(Jeremy Paul Mayhew)

15 November 2016

City’s Cash, Bridge House Estates, City’s Cash Trust Funds and Sundry Trust Funds Annual Reports and Financial Statements 2015/16

On 23 May 1996, the Court authorised the Finance Committee to approve, amongst other things, the Annual Reports and Financial Statements for City’s Cash, Bridge House Estates and the Charitable Trusts.

The Committee had duly considered and approved the Annual Reports and Financial Statements for the year ending 31 March 2016 and now presented them to the Court for information, along with the management letter from Moore Stephens LLP on its audit of the funds. The Annual Reports and Financial Statements for City’s Cash and Bridge House Estates, the Annual Report and Financial Statements and the management letter had also all been published on the City’s website.

It was accordingly recommended that the Court receive the 2015/16 City’s Cash, Bridge House Estates and Charitable Trusts Statement of Accounts.

Resolved – That the 2015/16 City’s Cash, Bridge House Estates and Charitable Trusts Statement of Accounts.