Agenda item

Charter Trustees considered a report of the Treasurer that advised of the completion of the audit of the annual return for the financial year ending 31 March 2014, which was carried out by BDO LLP (the external auditor of the Charter Trustees) (for copy see file of minutes).

The Treasurer reported the audit findings and advised on the actions that were required in order to satisfy the external auditor in the future.

Resolved:

(i)            That the audited annual return for 2013/14 be approved;

(ii)          That a risk assessment review of internal controls be reported to a future meeting during 2014/15, and annually thereafter;

(iii)         That a compilation of an asset register for 2014/15 be verified by internal audit.