Agenda

To receive any apologies for absence from Charter Trustees.

Charter Trustees are requested to declare any interests on items included in this agenda. Please refer to the workflow on the preceding page for guidance. Declarations received will be reported at the meeting.

To receive the minutes of the meeting held on 25 August 2020 and to consider any matters arising.

The Charter Mayor will report on her recent activities.

The Charter Trustees of Bournemouth achieved a favourable outturn position for the 2019/20 financial year, carrying forward reserves of £7,994 against a budget of £4,400.

The forecast for the 2020/21 financial year is that the Charter Trustees of Bournemouth will underspend significantly against the budget due to reduced activity caused by the Covid-19 restrictions. The forecast is that £37,519 of reserves could be achieved in-year against a budget of £4,400.

Officers have made an application for the Charter Trustees to be registered under Section 33 of the VAT Act. If there are no delays to the statutory instrument then the Charter Trustees will be able to reclaim VAT from 4 November 2020, but will not be able to reclaim VAT retrospectively.

The Charter Trustees will be updated on the development of the draft risk register.

To consider the role and responsibilities for the budget signatories.