Agenda item

A Member asked officers about the financial information for the organisation, as the charity had faced several difficult years but had over £7 million of reserves above their target. The CGO responded that the charity had implemented robust management plans and revised policies to turn the organisation around and ensure its sustainability. Officers had considered the proportion and how the application met CBT’s priorities before making their recommendation.

The Committee was advised that the Talking Books service remained valuable despite the growth of podcasts, etc as it kept an online library, large print catalogues and dedicated phone numbers, and had a good relationship with publishers.

APPROVED £82,800 over three years (£26,900, £27,600, £28,300) towards the associated project costs for the Talking Books service for older Londoners.