Holland, Senior Finance Manager (Client) presented his report which
summarised the current financial position of the Estate as at 30
Committee noted that there was an overall positive variance of
£7,000 over the four service areas.
·A budget would be set up for VAT costs.
·The Sage financial management system was considered
the most suitable and implementation was intended for January
response to questions from Members, Mr Holland advised
·The gas and electricity charges for the Café
were still the responsibility of the Trust.
·Trade refuse would have to be separated out as waste
arising from the bins in the park needed to be paid for by the
·There had been ongoing discussions with the
Café Contractor, DAGT concerning recharges for staff
seconded over to them during the transition period. Officers were confident that this would be
·He would clarify with colleagues whether the Trust
should pay VAT on departmental recharges and report
1.The current financial position be noted.
2.The progress to date with the separate financial
management system be noted.
3.Officers clarify the position on whether the Trust
had to pay VAT on departmental recharges.