News: Finance Committee update April 2020

Finance Committee update April 2020
26 Apr 2020 - Bob Whitty

The following items were presented to the April level 1 Board meeting on 25th April 2020


- Debtor graphs by level 2 from 2017 to March 2020

- Debtor graphs showing total and by level 2 from 2013 to March 2020

- Proposed bad debt provision to be included in 2020 accounts, subject to agreement with external auditors


- Confirmation of process for the audit of the 2019 accounts by Audiest

Coefficient and costs allocation review

- confirmation the finance committee will undertake an exercise to review the process for allocation of costs to the level 3 communities

- this will not start until after the lock down has ended in Spain due to the complex nature of the documentation to be reviewed

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