Minutes of the Finance Committee meeting
held on Wednesday 27 October 1999 in Milton Community Centre at 7.30pm
Present: RT Summerfield (chair) JE Coston RJ Farrington PK Oldham
HM Smith RLE Waters and the clerk.
1 Apologies for absence - none
472/99 2 Minutes of the meeting of 26 July 1999 were confirmed and signed
as a true record.
3 Matters arising - none
473/99 4 Bank Reconciliation and Bank Statements
The chairman reconciled the bank statements as at 30/09/99.
474/99 5 Review of Debtors
Noted the short term debtors as at 30/09/99. All photocopy debts
had since been received except for one. VAT reclaim still to be
made.
475/99 6 Review of Budget and Year to Date Actuals
The budget figures and year to date actuals were reviewed including
comparison with 1998 figures.
476/99 7 Matters Arising from Annual Audit
The clerk expected to receive the certificate as soon as Midland
Bank had confirmed the bank balances with the auditor. Minor
changes to the presentation of the balance sheet would be made in
2000, in order to comply with the Accounts and Audit Regulations
1996.
477/99 8 Other Business
Cheque for £4003 + VAT = £4783.59 to Anglian & Midland for first
part of basketball court was signed - as per the conditions of
contract.
The meeting ended at 8.10pm.