Committees Councillors Decisions Ward Map Meetings

Finance Committee

Wednesday 16/04/2025 at 7:15pm in Council Chamber, Welshpool Town Hall.

You can access this meeting via Zoom by clicking https://us02web.zoom.us/j/87157435668?pwd=KIZZVbrAC5k7vD5d7lBmPhIGRqGByb.1, or dialing +44 208 080 6592.

Zoom Meeting ID: 871 5743 5668
Passcode: 600072

1. WELCOME AND APOLOGIES FOR ABSENCE

The Chair will welcome Councillors and members of the public and will receive, and if desired, resolve to approve, any apologies for absence.

2. DECLARATIONS OF INTERESTS AND DISPENSATIONS

To receive and resolve if desired, declarations of interest and relevant dispensations.

Declarations of Interests Guide & Form [Appendix A]

3. PUBLIC PARTICIPATION

To receive members of the public who wish to address the meeting, in respect of any item of business included in the agenda. No resolutions may be made under this item and should relate only to matters of Council policy or practice, and not individual affairs or the questioner or any other named person.

4. MINUTES

To confirm the minutes of the Finance Committee held on 19th March 2025 as a correct record.

Finance Committee Minutes - 190325 v3 [Appendix B]

5. FINANCIAL MATTERS

5.1. Council Accounts (March 2025 - Period 12)

To consider and accept the Bank Reconciliation and Cashbook Reports and Income and Expenditure Report for March 2025.

5.2. Payment of Invoices - April

To confirm and agree payment of invoices for April 2025, including any additional payments tabled on the night.

5.3. Section 137 Expenditure Limit for 2025/26

To note for information, the limit on expenditure for the Council under Section 137 is £52,325.40 for the 2025/26 financial year.

Section 137 Expenditure Limit 2025-26 [Appendix L]

5.4. IRPW Annual Report 2025/26

To note for information the annual report issued by the Independent Remuneration Panel for Wales for 2025/26. The report will be presented to Full Council at the Annual Meeting along with an accompanying paper.

IRPW Annual Report 2025-26 [Appendix M]

6. THE HUB

To receive an update from the Responsible Finance Officer on financing and accounting for the Hub.

7. END OF YEAR 2024/25

To receive an update from the Responsible Finance Officer on the financial position of the Council following the End of Year process.

8. DATE OF NEXT MEETING

To note that the next meeting of Finance Committee will be subject to approval at the Annual Meeting.

9. CONFIDENTIAL SESSION - EXCLUSION

To resolve, if required, that members of the public and press be requested to leave the meeting by reason of the confidential nature of the business about to be transacted.

10. SALES LEDGER - DEBTORS [CONFIDENTIAL]

To receive an update on the Sales Ledger.

#	Item
1	Welcome and Apologies for Absence The Chair will welcome Councillors and members of the public and will receive, and if desired, resolve to approve, any apologies for absence.
2	Declarations of Interests and Dispensations To receive and resolve if desired, declarations of interest and relevant dispensations. Declarations of Interests Guide & Form [Appendix A]
3	Public Participation To receive members of the public who wish to address the meeting, in respect of any item of business included in the agenda. No resolutions may be made under this item and should relate only to matters of Council policy or practice, and not individual affairs or the questioner or any other named person.
4	Minutes To confirm the minutes of the Finance Committee held on 19th March 2025 as a correct record. Finance Committee Minutes - 190325 v3 [Appendix B]
5	FINANCIAL MATTERS
5.1	Council Accounts (March 2025 - Period 12) To consider and accept the Bank Reconciliation and Cashbook Reports and Income and Expenditure Report for March 2025. March 2025 - Bank Reconciliation - Main Account [Appendix C] March 2025 - Bank Reconciliation - Petty Cash [Appendix D] March 2025 - Bank Reconciliation - Savings [Appendix E] March 2025 - Cashbook - Main [Appendix F] March 2025 - Cashbook - Petty Cash [Appendix G] March 2025 - Cashbook - Savings [Appendix H] 24-25 - Income and Expenditure [Appendix I]
5.2	Payment of Invoices - April To confirm and agree payment of invoices for April 2025, including any additional payments tabled on the night. Payments for End of Year 24-25 [Appendix J] Payments for April 2025 v2 [Appendix K]
5.3	Section 137 Expenditure Limit for 2025/26 To note for information, the limit on expenditure for the Council under Section 137 is £52,325.40 for the 2025/26 financial year. Section 137 Expenditure Limit 2025-26 [Appendix L]
5.4	IRPW Annual Report 2025/26 To note for information the annual report issued by the Independent Remuneration Panel for Wales for 2025/26. The report will be presented to Full Council at the Annual Meeting along with an accompanying paper. IRPW Annual Report 2025-26 [Appendix M]
6	The Hub To receive an update from the Responsible Finance Officer on financing and accounting for the Hub.
7	End of Year 2024/25 To receive an update from the Responsible Finance Officer on the financial position of the Council following the End of Year process.
8	Date of Next Meeting To note that the next meeting of Finance Committee will be subject to approval at the Annual Meeting.
9	Confidential Session - Exclusion To resolve, if required, that members of the public and press be requested to leave the meeting by reason of the confidential nature of the business about to be transacted.
10	Sales Ledger - Debtors Confidential To receive an update on the Sales Ledger.