The Finance and Risk Committee of the Barbican Centre Board met on Monday 15 June 2026. The meeting's agenda included the election of a Deputy Chair, the approval of previous minutes, and an update on internal audit activities. A significant portion of the agenda was dedicated to non-public items, including further audit updates, health and safety reports, business reviews, and risk assessments.

Election of Deputy Chair

The committee was scheduled to elect a Deputy Chair in accordance with Standing Order No. 26.

Minutes of Previous Meeting

The public minutes and non-public summary of the previous meeting, held on 9 March 2026, were scheduled for approval.

Internal Audit Update

A report from the Group Chief Internal Auditor, Matt Lock, was scheduled to provide members with an update on Internal Audit activity related to the Barbican Centre since the September 2025 meeting. This update was intended to cover the delivery status of relevant internal audit work, including Barbican Centre audits and follow-up exercises, the outcomes of corporate audits that incorporated testing of Barbican Centre controls, and the status of open audit recommendations. The report noted that as of mid-May, there were 23 open Internal Audit recommendations, with 5 classified as High Priority, 16 as Medium Priority, and 2 as Low Priority. It also highlighted that 48% of recommendations had revised target implementation dates, indicating that original deadlines had not been met. The report stated that the overall programme of Internal Audit work is designed to provide assurance on the adequacy of the City of London Corporation's systems of internal control and governance, aligning with the Corporate Plan, Corporate Risk Register, and Departmental Top Risks.

Non-Public Agenda Items

The majority of the agenda was designated for non-public discussion. These items included:

• Non-Public Minutes: Approval of the non-public minutes from the meeting held on 9 March 2026.
• Internal Audit Update (Non-Public Appendices): Further details related to the internal audit update, including appendices not available for public viewing.
• Health and Safety Progress Report: A report from the COO of the Barbican Centre on health and safety matters.
• Barbican Business Review: March 2026 (Period 12): A joint report from the Chamberlain and CEO of the Barbican Centre, providing a review of business activities for March 2026.
• Risk Update: A report from the COO of the Barbican Centre detailing current risks.
• Programming and Events Risk Register: A report from the COO of the Barbican Centre concerning the risk register for arts programming and events.

The agenda also included provisions for questions on matters relating to the work of the committee, both in public and non-public sessions, and for any other urgent business that the Chair considered necessary to discuss. A motion was scheduled to be put forward to exclude the public from the meeting for the non-public agenda items, citing the likely disclosure of exempt information under the Local Government Act 1972.