Audit Committee, Thu 9 Oct 2025
The council’s meeting page ↗ · Agenda · Minutes
Item by item
- 6. Apologies for absence
- 7. Declarations of interest
- 8. Minutes of the last meeting
- 9. Global Internal Audit Standards (GIAS) Self-Assessment and Quality Assurance and Improvement Plan (QAIP)
- HBC Covering Report - GIAS QAIP New Audit Charter
It recommended: “It is recommended that the Committee:” (and more)
The minutes record: Agreed. “RESOLVED (unanimously): (i) Notes the results of the self-assessment against the new GIAS and the resulting Quality Assurance and Improvement Programme (QAIP); (ii) Approves the updated Internal Audit Charter. Reasons: i) To comply with the requirements set out in Global Internal Audit Standards. ii) To support the committee’s responsibilities for assessing the effectiveness of the internal control environment and the effectiveness of the internal audit service.” minutes ↗
- 10. Internal Audit Progress Report - Quarter 1 (April 2025 - June 2025)
- HBC Covering Report Q1 2025-26 Progress Issue
It recommended: “Note the report and consider any further action required in response to the issues raised.”
The minutes record: Noted. “RESOLVED (unanimously): Note the report and consider any further action required in response to the issues raised. Reasons: i ) To comply with the requirements set out in the Global Internal Audit Standards. ii) To support the Committee’s responsibilities for assessing the effectiveness of the internal control environment and the effectiveness of the Internal Audit service.” minutes ↗
- 11. Annual Governance Statement 2024/25
- AGS Covering Report Sept 2025 v2
It recommended: “To approve the 2024/25 Annual Governance Statement for publication.”
The minutes record: Agreed. “RESOLVED (unanimously): To approve the 2024/25 Annual Governance Statement for publication. Reasons: To meet the Council’s legal requirement to produce an annual statement and seek continuous improvement in the council’s governance and assurance framework.” minutes ↗
- 12. CIPFA Code of Practice for the Governance of Internal Audit in UK Local Government
- HBC Covering Report - CIPFA Code of Practice for the Governance of Internal Audit
It recommended: “Audit Committee is recommended to consider the contents of this report.”
The minutes record: Agreed. “RESOLVED (unanimously): To approve the following: ( i ) The results of the self-assessment against the new Code; (ii) The action plan in response to this. Reasons: i ) To comply with the requirements set out in Code of Practice. ii) To support the committee’s responsibilities for assessing the effectiveness of the internal control environment and the effectiveness of the internal audit service.” minutes ↗
- 13. Treasury Management Update - 2025/26 Quarter 1
- Treasury Management Update 2025-26 Q1 V3.1
It recommended: “Audit Committee is asked to recommend the following to Full Council:” (and more)
The minutes record: Noted. “RESOLVED (unanimously): Note the report, the treasury activity and recommend approval of any changes to the prudential indicators. Reasons: To ensure that Members are fully aware of the activities undertaken in the last quarter, that Codes of Practice have been complied with and that the Council's strategy is effective and doesn’t currently need revising. Under the Code adopted the Full Council are required to consider the report and any recommendations made.” minutes ↗