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Agenda and minutes

Venue: Committee Room 4, Town Hall, Upper Street, N1 2UD

Contact: Jackie Tunstall  020 7527 3068

Items
No. Item

87.

Apologies for Absence

Minutes:

None.

88.

Declaration of substitute members

Minutes:

None.

89.

Declarations of interest

If you have a Disclosable Pecuniary Interest* in an item of business:

§  if it is not yet on the council’s register, you must declare both the existence and details of it at the start of the meeting or when it becomes apparent;

§  you may choose to declare a Disclosable Pecuniary Interest that is already in the register in the interests of openness and transparency. 

In both the above cases, you must leave the room without participating in discussion of the item.

 

If you have a personal interest in an item of business and you intend to speak or vote on the item you must declare both the existence and details of it at the start of the meeting or when it becomes apparent but you may participate in the discussion and vote on the item.

 

*(a)     Employment, etc - Any employment, office, trade, profession or vocation carried on for profit or gain.

(b) Sponsorship - Any payment or other financial benefit in respect of your expenses in carrying out duties as a member, or of your election; including from a trade union.

(c) Contracts - Any current contract for goods, services or works, between you or your partner (or a body in which one of you has a beneficial interest) and the council.

(d) Land - Any beneficial interest in land which is within the council’s area.

(e) Licences- Any licence to occupy land in the council’s area for a month or longer.

(f) Corporate tenancies - Any tenancy between the council and a body in which you or your partner have a beneficial interest.

 (g) Securities - Any beneficial interest in securities of a body which has a place of business or land in the council’s area, if the total nominal value of the securities exceeds £25,000 or one hundredth of the total issued share capital of that body or of any one class of its issued share capital. 

 

This applies to all members present at the meeting.

 

 

Minutes:

Councillor Olly Parker declared a non-pecuniary interest in Item B2 – Internal Audit Annual Plan, as a member of the Factory Children’s Centre.

90.

Minutes of previous meeting pdf icon PDF 153 KB

Minutes:

RESOLVED

That the minutes of the meeting of the Committee held on the 28 January 2016 be confirmed as a correct record of proceedings and the Chair be authorised to sign them.

91.

External Auditor report pdf icon PDF 63 KB

Additional documents:

Minutes:

The following points were made during the discussion:-

·        There had been a reduction in audit fee of 25% compared to 2014/15.

·        The pension assets would be considered in both sets of financial statements and were material figures in both sets of accounts.

·        The figure of materiality for planning purposes had been set at £13 million by setting a benchmark on gross expenditure. The reporting threshold was significantly lower at £650,000 but if an error was found this would be reported to members.

 

RESOLVED that the report be noted.

92.

Internal Audit Annual Plan 2016/17 pdf icon PDF 118 KB

Additional documents:

Minutes:

The following points were made during the discussion:-

·        There was a reduction in the number of audit days although there was still enough resource allocated to give a reasonable level of assurance.

·        The responsive repairs audit was not yet fully scoped but could cover any aspect from the planning of a repair through to a customer satisfaction survey.  The audit would be able to draw on recent audit work in this area in Camden.

·        The Head of Internal Audit undertook to forward information regarding the Transforming Street Scene Audit to members.

·        There was a particular concern regarding cyber security and extra assurances were required around IT systems defences.

·        The Head of Internal Audit undertook to forward information to members regarding the follow up of the Health and Safety audit – CC16_3 and why it was required.

·        That the outstanding recommendations in Planning audit would be monitored and further action taken if necessary.

·        Noted that ‘HIA and AM’ in Table 1 of the report were the Head of Internal Audit and Audit Managers.

·        The number of audit days was consistent with the amount of audit days across other authorities. It was planned to move to an increasing proportion of days allocated to the audit in-house team and away from PWC audit days.

·        Where there were emerging risks, necessary resources had been allocated to audits by the Director of Finance.

·        That the Head of Internal Audit met frequently with the Chair of the Audit Committee and would report any concerns where necessary.

 

RESOLVED

1)     that the Annual Internal Audit Plan for 2016/17 be approved;

2)     That the Head of Internal Audit forward information regarding the Transforming Street Scene Audit and the follow-up to the Health and Safety Audit to members.

93.

Teachers' pensions grant claim pdf icon PDF 162 KB

Minutes:

The following points were made during the discussion:-

·        For pension deduction changes for 2015/16 there would be a manual calculation for each change which would show separately in the system.

·        Financial reconciliations had been completed to the end of January 2016 and amendments dealt with.

·        KPMG considered that the figures had not been significant and were pleased with the actions taken.

·        The pensions were paid by Capita and it was not possible to obtain the total numbers of those affected.

·        This was an issue that could have arisen with the main pension scheme.

·        An annual report on teachers’ pensions be submitted to the Pensions Board.

·        Academy schools would deal directly with teachers’ pensions.

·        Teachers’ pensions had been dealt with previously by Cambridge Education and had been brought in-house.

 

RESOLVED

1)     that the Teachers’ Pensions claim process improvements for 2015/16 be noted.

2)     That a report on teachers’ pensions be submitted to the Pensions Board.

94.

Internal Audit Fraud Investigation: Anti-Fraud Strategy pdf icon PDF 150 KB

Additional documents:

Minutes:

The following points were made during the discussion:-

·        The fraud response plan was currently being produced.

·        The guidance for officers was set out in the Whistleblowing policy and there were targeted fraud workshops for staff in high risk areas.  E-learning modules for staff were currently being considered.

·        The need to be vigilant regarding blue badge holder fraud was noted.

·        The increasing risk around supplier bank detail fraud was noted.

·        To help prevent money laundering, officers were unable to accept over £9000 in cash.

·        There had been an increase in whistleblowing reporting by officers.

·        Members be supplied with further information about the Fraud Forum and the types of reports it receives.

·        Information regarding the pension scheme for members be forwarded to the Chair of the Committee for possible consideration by the Audit Committee at a later date.

 

RESOLVED

1)     That the Anti-Fraud Strategy be noted.

2)     That information regarding the pension scheme for members be forwarded to the Chair of the Committee.

3)     Further information regarding the Fraud Forum be forwarded to members of the Audit Committee.