MINUTES

A Meeting of the Finance Committee of Brampton Parish Council was held Tue 28 Jun 2005 at 7.30pm

in Brampton Memorial Centre, Thrapston Road, Brampton

 

Present:

P Morgan, Chairman, T Fisher, Mrs M Wigley, Mrs J King, J Innes-Clarke, Clerk

 

 

 

 

1

To Receive Apologies

 

 

N J Maggs, M Shellens, N Wheeley

 

 

 

 

2

To Approve the Minutes of the Meeting held 10 May 2005

 

Proposal:

Approve 1st PM, 2nd JK

Carried

 

 

 

3

Matters Arising

 

3.1

3.1 – Bus shelter, Miller Way – to clarify & chase outcome

JIC

3.2

9 – Grant request, Citizens Advice Bureau – further information required

MS

 

 

 

4

To Approve May Payments and Note Receipts

 

4.1

Total revenue receipts for May: £1,572.00

Noted

4.2

Total revenue payments for May: £9,162.97 – details as list

 

Proposal:

Approve – 1st TF, 2nd PM

Carried

4.3

Total capital payments for May: £31,067.59 – details as list

 

 

 

 

5

To Approve Jun Payments and Note Receipts

 

5.1

Total revenue receipts for Jun: £3,204, includes 1 x insurance claim for 1 x bus shelter

Noted

5.2

Total revenue payments for Jun: £8,533.99

 

Proposal:

Approve 1st JK, 2nd PM

Carried

 

 

 

6

To Receive and Approve Financial Statements to 31 Mar 2005

 

6.1

Assets Register, Valuations & Depreciation

Concerned about lack of professional valuation and details/itemisation – to PC

 

Jul PC

Proposal:

Financial Statements be approved – 1st JK, 2nd TF

Carried

 

 

 

7

Annual Return

 

Proposal:

Approve – 1st JK, 2nd PM

Carried

 

 

 

8

To Receive the Report from the Internal Auditor

 

 

Awaiting – carry forward

Finance

 

 

 

9

Investment

 

9.1

Revised valuation – as at 31 Mar 2005 - £132k

 

9.2

Further liquidation – need to reconcile Bank of Ireland balance – hopefully next will be last liquidation

 

 

 

 

10

VAT reclaim on capital works

 

 

Awaiting a reply from HMCE – to agree an apportionment of £13.7k in order we can claim £56k

 

 

 

 

11

Grant Requests

 

11.1

Request from Vitalise (formerly Winged Fellowship Trust) – providing breaks for disabled people and their carers

 

11.2

All grant requests to be decided together at Oct Finance

 

11.3

Cut off for all grant requests by end of Sep each year

 

11.4

Automated response to end of Jul stating will be considered in Oct

 

 

 

 

12

Correspondence

 

12.1

e-on – notification of energy supply increase for street lighting from £35 to £51.20 monthly – represents 50% increase – enquire of alternative suppliers

 

12.2

Kinnaird Hill – Cambridge office to go to a new branch of the company – our service will remain unchanged

 

 

 

 

 

 

 

 

______________________

 

 

Paul Morgan, Chairman