Issue - meetings

Strata Finance Report budget monitoring outturn 2021/22 Strata IT Director

Meeting: 19/07/2021 - Strata - Joint Executive Committee (Item 9.)

9. Strata Finance Report budget monitoring outturn 2021/22 Strata Finance Director pdf icon PDF 347 KB

Additional documents:


Meeting: 12/07/2021 - Strata - Joint Scrutiny Committee (Item 16)

16 Strata Finance Report budget monitoring outturn 2020/21 pdf icon PDF 347 KB

Additional documents:

Minutes:

Consideration was given to the agenda report which advised on the financial position of Strata at the end of 2020-21 including the Statement of Accounts at Appendix B. These Statutory Accounts evidenced the true financial position of the Company and were affected by items not included in the management accounts such as the pension fund deficit and depreciation. The Accounts were approved by the Board on 28 May 2021.

 

The company made savings of £1,051,425 through efficiencies and cost saving initiatives, this did not however impact on the overall quality of the Strata service provision.

 

RECOMMENDED - The report be noted.