Issue - meetings

Mr Paul Holland, Senior Finance Manager (Client) presented a report detailing the Queen’s Own Royal West Kent Regiment Museum Trust’s accounts for the year ending 31 March 2018 for approval by the Committee before submission to the Charity Commission.

Mr Holland informed the Committee that the Trust continued to have a healthy level of assets overall for day to day operations which stood at £24,979 and a bank account balance of £1,751.

In response to a question from a Member, Mr Holland advised that a service charge payment to the Museum of £1,273 was made in 2017/18 from the donations box and that payment of the shortfall of £727 was not being pursued by the Museum. 

The Committee expressed their disquiet that the shortfall had not been paid as they felt that it was important that the Trust should pay all of its financial commitments to the Council in full and requested further information on the background to why full payment had not been made.  They were also concerned that a proportion of the service charge had been paid from the donations box. 

Officers were requested to settle the outstanding sum and that the service charge payment of £1,273 that had already been made be reflected in the accounts. 

RESOLVED:  That the report be deferred to enable the Officer to come back with revised accounts to reflect the discussion.

Voting:  Unanimous