Content

Salford
City Council - Record of Decision
 
I, Councillor Jack Youd, Deputy City Mayor and Lead
Member for Finance, Support Services & Regeneration, in
exercise of the powers contained within the Council
Constitution, do
hereby:
 
Approve the write-off of Sundry Debt to
the value of £278,365.27
 
The
Reasons are:
These sundry debts, after
exhaustive attempts to collect, are found to be irrecoverable for a
variety of reasons, e.g., liquidation, absconded, no longer
trading, bankrupt, deceased, uneconomical to collect, and
irrecoverable after court action etc.
 
Options considered and rejected were:
Not relevant due to the nature
(age and value) of these accounts. The majority of accounts relate
to those proven uneconomical to collect, irrecoverable after court
action, bankruptcy / liquidation.
 
Assessment of Risk: Low
The value of the debts
proposed for write-off is £278,365.27. The total value of
sundry debtor invoices raised during this financial year, as at
31/12/2024, is £320,624,338.60. This write-off therefore
represents 0.09% of the debt.
 
The source of funding
is: The Council’s bad debt
provision.
 
Legal
Implications: Legal advice has been
obtained on each of the individual cases where the assessment has
resulted in court action.
 
Financial
Implications: Supplied by Tony Thompstone, Strategic Finance
Manager
There is adequate cover for the
sundry debt write-offs proposed in this report in the
council’s provision for bad debt. Setting a provision that is
prudent, but not excessive, is a component of the council’s
financial strategy. The provision is reviewed on an annual basis to
ensure that it is set at an appropriate level.
 
Procurement
Implications: Not applicable.
 
HR Implications:
Not Applicable.
 
Climate Change
Implications: Not Applicable.
 
Other
Directorates Consulted:
Directorates are consulted on
specific write-offs where appropriate.
 
The
following documents have been used to assist the decision
process:
Lead Member Report.
The background documents
contain exempt or confidential information and are not available
for public inspection as they would provide the identity of
individuals or companies involved in the write-off.

Contact
Officer:       Tony
Thompstone                              
Tel No 0161 793
2016
                                   
Strategic Finance Manager               
tony.thompstone@salford.gov.uk
 
This decision is not subject to
consideration by another Lead Member.
 
The appropriate scrutiny panel
to call-in this decision is the Overview & Scrutiny
Board.
 
 

Signed: Councillor Jack Youd                                               
Dated: 25th February 2025
Deputy City Mayor and Lead Member for Finance, Support Services
& Regeneration  

 
This decision was published on
26th February 2025.
 
This decision will come into force at
4.00 p.m. on 5th March 2025, unless it is called-in in accordance with the
decision-making process rules.