The General Purposes Committee of Enfield Council met on Wednesday 26 June 2024 to discuss several key issues, including the approval of the Statement of Accounts Report 2023-24, the review of the BDO Enfield Report, and the presentation of the GPC Annual Report 2023-24. The committee also discussed the London Borough of Enfield Indicative Audit Plan 2023-24 and the London Borough of Enfield Pension Fund Indicative Audit Plan 2023-24.

Statement of Accounts Report 2023-24

The committee approved the Statement of Accounts Report 2023-24. The report detailed the financial performance of the council over the past year. Key highlights included a surplus in the general fund and significant investments in local infrastructure. The approval was unanimous, with members praising the council's financial management. One councillor noted, The surplus achieved this year is a testament to our prudent financial planning and commitment to fiscal responsibility.

BDO Enfield Report

The BDO Enfield Report was reviewed, focusing on the audit findings and recommendations for improving financial controls. The report highlighted areas where the council could enhance its financial oversight and risk management practices. There was a robust discussion on the implementation of these recommendations, with some members expressing concerns about the potential costs. However, the consensus was that the long-term benefits would outweigh the initial expenses.

GPC Annual Report 2023-24

The GPC Annual Report 2023-24 was presented, summarising the committee's activities and achievements over the past year. The report highlighted successful initiatives in community engagement and service delivery improvements. The committee also outlined its work programme for the upcoming year, focusing on further enhancing transparency and accountability in council operations.

London Borough of Enfield Indicative Audit Plan 2023-24

The committee discussed the London Borough of Enfield Indicative Audit Plan 2023-24, which sets out the planned audit activities for the year. The plan includes audits of key financial systems and processes, as well as reviews of major projects and programmes. The committee emphasised the importance of these audits in ensuring the council's financial health and operational efficiency.

London Borough of Enfield Pension Fund Indicative Audit Plan 2023-24

The London Borough of Enfield Pension Fund Indicative Audit Plan 2023-24 was also discussed. This plan outlines the audit activities specific to the council's pension fund, including assessments of investment performance and compliance with regulatory requirements. The committee stressed the need for rigorous oversight of the pension fund to protect the interests of current and future retirees.