Issue - meetings
Unrecoverable Debts over £10,000
Meeting: 11/12/2024 - Audit and Governance Committee (Item 45)
45 Unrecoverable Debts over £10,000 
PDF 440 KB
Report of the Executive Director – Corporate Services and Commercial
Additional documents:
- Appendix 1 , View reasons restricted (45/2)
- Appendix 2 , View reasons restricted (45/3)
- Appendix 3 , View reasons restricted (45/4)
- Enc. 4 for Unrecoverable Debts over £10,000 , View reasons restricted (45/5)
Minutes:
The Committee considered the report of the Executive Director - Corporate Services and Commercial on the write-off of unrecoverable debts. The report indicated that as outlined within the Council’s Schemes of Financial Delegation, all outstanding debts over £10,000 could not be written off without the approval of the Audit and Governance Committee. The Committee was asked to approve the write off of the debts listed in Appendices A, B and C to the report.
Members of the Committee asked questions/commented on the following issues arising from the report:
· Bad debt provision
· Dates of the debts being written-off
· Definition of Sundry Debtors
· Clarification on reasons for debt write-off
RESOLVED: That
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(1) |
the write off of all individual debts detailed in the appendices to this report be approved; and
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(2) |
in future reports, more explanatory reasoning be given for debt write-off, when necessary. |