Issue - meetings

Management Letter of Representation

Meeting: 27/11/2024 - Audit and Governance Committee (Item 37)

37 Management Letter of Representation 2022/23 pdf icon PDF 294 KB

To consider the report of the Strategic Director for Corporate Resources.

 

Minutes:

The Strategic Director for Corporate Resources presented the Management Letter of Representation 2022/23 making the following points:

  • the purpose was to ensure management understand and perform their duty; and
  • the 2022/23 letter required approval in order to be signed.

 

In response to Members’ questions the Strategic Director for Corporate Resources made the following points:

  • Guildhall Shopping Centre maybe reclassified to operational but not yet;
  • It would be premature to say that reclassification would be likely; and
  • Market value is known so would remain the same materially;

 

The Audit and Governance Committee agreed to approve and sign the Management Letter of Representation 2022/23.