Agenda

To note any changes to the membership.

To receive declarations by Members and Officers of the existence and nature of any pecuniary interests or any other significant interest in matters on this agenda.

To receive and consider a summary of the key findings arising from the work of Grant Thornton, auditors for Westminster City Council and its subsidiaries, joint ventures and associates for the year ended 31 March 2020 in line with the auditors’ Audit Findings Reports of 10 September 2020 and 2 December 2020. To consider the auditors’ assessment of the Council’s financial statements and arrangements to secure value for money (VFM) in its use of resources.

To receive an Audit Progress Report and Sector Update from Grant Thornton, auditors for Westminster City Council.

To receive a report on counterparty risk, necessary due diligence and credit checks on local authority names in the current Treasury counterparty list and accompanying consultant report about the statutory backdrop and an assessment of the current Treasury practices.

To monitor Westminster City Council’s financial position at Quarter 9 including revenue forecast outturn, revenue expenditure including key risks and opportunities, capital expenditure and HRA revenue and capital expenditure and reserves.

To monitor Quarter 2 performance results against the business plans.

To oversee and monitor the success of the Audit Service in planning and delivering outcomes and establishing an effective and robust internal control framework.

To review and comment on the draft Audit Plan for 2021/2022.

To receive a report on the volume and details of complaints received by Westminster City Council in 2019/2020.

To receive an update on the management of Westminster City Council’s housing stock for the current financial year.

To maintain an overview of the arrangements in place for maintaining high ethical standards throughout Westminster City Council.

To review the Committee’s Work Programme and note any actions arising from the meeting on 2 December 2020.