Minutes of a MEETING of the FINANCE COMMITTEE held in the Council
Office, 1A Bushwood Close, Welham Green, on
PRESENT: Councillors W A Storey Chairman
C Everard
V Weeks
P
K Pieri
R
Assistant Clerk Mrs H Rook
1. APOLOGIES FOR ABSENCE
Apologies for absence were
received from the Clerk, Mrs J Schettino.
2. MINUTES OF THE LAST MEETING
The minutes of a Meeting of
the Finance Committee held on
3. MATTERS ARISING
A cheque for £920.96 for the
2009/10 rent had been received.
A cheque for £10.50 for the
remaining outstanding allotment rent had been received.
Nat West had advised that it
was not possible to pay council staff by direct transfer into their accounts as
all transactions required 2 signatories and the BACS transfer system was
operated with one signature only. The
other alternatives considered were either to outsource the payroll to a payroll
bureau - too costly for the number of employees or for the Clerk to go to the Nat
West branch in Hatfield with paying in slips for each employee – too time
consuming.
Therefore the council will
continue with the current system of paying staff wages by cheque.
A quarterly statement had
been received this week and showed that the meter had not been read for over 2
years. A reading has now been taken and
a new statement will be sent out shortly.
It was agreed that the meter needed to be read more regularly in future.
The dishwasher had been
installed in the Burns Pavilion and was up and running. The council had paid the invoice from Nelson
Dish & Glasswashing Ltd and the Bowls Club had made a donation of the
cost.
Shelia King had requested the
payment to Mail Shot International Ltd of £3,826.41 for questionnaires be
charged against last year’s budget as they may need further funds in the
current financial year.
A.W.
Hollings had advised that the Boiler in the office was over 20 years old and
now obsolete. He would provide a
quotation for its replacement.
The Treasurer suggested a
debit card be obtained on the Imprest Account to pay for items previously paid
for by personal credit card e.g. Norton Anti Virus renewal. This would be recommended to the full Council
for approval.
The
preliminary year end accounts have been received from the Internal Auditor, Ian
Fraser and the notes to the accounts have been updated.
A 2009/10 year end
spreadsheet was distributed to the committee which showed a brought forward
contingency figure of £9,223 which Councillor Storey considered to be better
than he had expected.
BDO,
the External Auditor, have advised that as the annual turnover exceeded
£200,000 the council needed to have an intermediate level of audit.
4.
ACCOUNTS FOR PAYMENT
A Schedule of Accounts for
payment totalling £18,760.16 was presented including £11,551.15 which had
already been paid for payroll, direct debits, dishwasher for Burns Pavilion and
questionnaires for Parish Plan Survey, the latter two of which required
immediate payments.
After careful consideration
of each item it was agreed that the total amount be recommended to the Council
for approval and payment in full.
5. STATEMENT OF BALANCES
A Statement of Balances dated
A Statement of Balances dated
6. TRANSFER OF MONEY
Approval was given to the
transfer of £25,000 from the Council’s Business Reserve Account to the Current
Account made on
7. ANY OTHER BUSINESS
Councillor Weeks had received
an estimate from EDF Energy of between £1,000 - £1,500 + VAT for moving the
council office electricity meter and fuse box which is currently situated in
Bungalow 1, into the office.
As the meter and fuse box for
the office is in Bungalow 1 there is no control in the office to turn off/on
the power supply. However, the quotation
was considered to be high and it was
agreed to advise the Full Council that the Finance Committee did not recommend
going ahead with this work.
This software was now
installed onto the office laptop and Councillor Horrocks and the Assistant
Clerk would investigate how to use the package.
A quotation for 4 pairs of chains,
4 seats and fittings for the swings in Welham Green had been received from
Wicksteed for £330 + VAT. It was agreed
to place an order for these items.
8. DATE OF NEXT MEETING
A meeting has already been
arranged for