Agenda

Members are reminded of their obligation under the Council’s Code of Conduct to disclose any Disclosable Pecuniary Interests and Other Significant Interests in any matter(s) to be considered or being considered at the meeting. These are explained in the Code of Conduct on the Council’s website at Code of conduct for members – Tonbridge and Malling Borough Council (tmbc.gov.uk).

Members in any doubt about such declarations are advised to contact Legal or Democratic Services in advance of the meeting.

To confirm as a correct record the Minutes of the meeting of Audit Committee held on 13 January 2025

This report is produced to inform Council on how the Audit Committee has provided independent assurance on the adequacy of the risk management framework, the internal control environment and the integrity of the financial reporting and annual governance processes.  It is recommended that the Audit Committee agree that this report is presented to Council to support this assurance.

The report of the Management Team provides an update on the risk management process and the Strategic Risk Register.  An update is also provided in respect of the work being undertaken within the Borough Council to champion risk management.

The report provides details of investments undertaken and the return achieved in the first eleven months of the current financial year.

The purpose of this report is to contribute towards the effective two-way communication between Tonbridge and Malling Borough Council's external auditors and the Audit Committee, as 'those charged with governance' in respect of the audit of the financial statements.

The Chief Audit Executive is required to coordinate the internal audit functions communications to the Audit Committee with Senior Management to support and ensure the Committee’s ability to fulfil its requirements.  This report proposes an Internal Audit Strategy together with and Internal Audit Chater and Mandate to comply with Global Internal Audit Standards.

This report seeks Member approval of the Internal Audit and Counter Fraud Plan for the year 2025/26.

The report gives Members an update on the progress to date of the Internal Audit and Counter Fraud Teams.

This report advises of the indicative audit plan from the Borough Council’s external auditor, Grant Thornton, for the 2024/25 year.

This progress report updates on emerging national issues and developments from the Borough Council’s external auditor, Grant Thornton.

Any other items which the Chairman decides are urgent due to special circumstances and of which notice has been given to the Chief Executive.

The Chairman to move that the press and public be excluded from the remainder of the meeting during consideration of any items the publication of which would disclose exempt information.

This report serves to inform Members as to the nature and volume of liability and property damage insurance claims submitted to the year ending 31 March 2025.

Any other items which the Chairman decides are urgent due to special circumstances and of which notice has been given to the Chief Executive.