HURSTPIERPOINT & SAYERS COMMON PARISH COUNCIL
Dear Councillor,
Committee Members are summoned to attend the MEETING of the Finance & Governance Committee to be held on Thursday 20 August 2020 at 7.30pm via Microsoft Teams Video Conferencing.
Members of the public have a right to and are invited to attend the virtual meeting using Microsoft Teams. If you wish to attend, please email the office@hurstpierpoint-pc.gov.uk before 4pm on Thursday 20 August 2020 to be sent an email or telephone invitation.
Sarah Groom, Clerk to the Council & Responsible Finance Officer Friday 14 August 2020
Committee Membership: Cllr Malcolm Llewellyn (Chair), Cllr Julia Shorrocks (Vice-Chair), Cllr Allan Brown, Cllr Stephen Hand, Cllr Rodney Jackson, Cllr Seth Jee, Cllr John Lowman, Cllr Duncan Ranger.
AGENDA
- Apologies for absence: To receive and accept apologies for absence.
- Declarations of interest: To note any declarations of interest.
- Minutes of the previous meeting of Finance & Governance Committee: To receive and adopt the minutes of the 16 July 2020 Finance & Governance Committee meeting.
- Adjournment for questions from the public: To consider adjourning the meeting in accordance with Standing Orders, to receive questions from members of the public.
- Payments and receipts: The committee is asked to:
5.1 Note payments of £29,218.12 (including VAT) for month 4 (July 2020).
5.2 Note receipts of £16,296.86 (VAT n/a) for month 4 (July 2020). - Financial monitoring: To note the account records in accordance with the Financial Regulations of the Parish Council, as follows:
6.1 Bank Reconciliations for month 4 – July 2020. The bank statement is included for Cashbook 1, the Unity Trust current account as there has been activity. The other cashbook balances have not changed.
6.2 Balance Sheet for month 4 (July 2020).
6.3 Detailed Income and Expenditure by Budget Heading for month 4 (July 2020).
6.4 Summary Income and Expenditure by Budget Heading for month 4 (July 2020). - Deposits and investment: As of 31 July 2020, the Parish Council held the following balances. A further £46,361.16 is held with the CCLA in shares.
Financial Institution
Account Type
Maturity Date
Amount
Unity Trust
Current account
n/a
£330,282.16
Nationwide
95 Day Savings Account
95 days’ notice
£54,107.44
Nationwide
2 Year Fixed Term Bond
11/02/2021
£33,614.78
Cambridge & Counties BS
3 Year Fixed Term Bond
10/05/2021
£51,716.82
Cambridge & Counties BS
3 Year Fixed Term Bond
14/11/2021
£35,770.00 - Contracts and Leases: (No report)
- Parish Action Plan: (No report)
- Financial Risk and Insurance: (No report)
- Compliance with Financial Regulations: (No report)
HURSTPIERPOINT SAYERS COMMON
PARISH COUNCIL
& - Future Budget: (No report)
- To note any further information items, correspondence received or requests.
13.1 New bank accounts: To receive a verbal update on the opening of three new bank accounts for Hurst Meadows Ear Marked Reserves.
13.2 Staff Matters: National salary award update: To receive a verbal update, if any, on the pay negotiations, by the National Joint Council for Local Government Services (NJC) for 2020-2021. When agreement is eventually reached, any increase is likely to be backdated to 1 April 2020. An estimate of a 2.5% increase was used to support the budget setting process for 2020/21.
Protocol for filming and recording at public meetings: The Council has a protocol for public filming, recording and photography at its meetings, which is available on the Council’s website or on request at the Parish Office