Social Value Ideas for Northumberland National Park Authority
We have identified 14 evidence-based social value themes for Northumberland National Park Authority in North East across 11 service areas. These insights are derived from the latest council meeting transcripts and can inform your social value strategy for bids and tenders.
IFRS16 lease accounting change
The authority has adopted IFRS16, requiring most leases over 12 months to be recognised on the balance sheet. This changes accounting treatment and creates extra work for finance, with implications fo…
“Um, the the accounts for 2425 we bought a very um detailed outturn report in July where we went through the detail of the numbers and they form the ba…”
Approve accounts and audits
Members approved the audited statement of accounts and endorsed the audit completion report and annual auditor’s report. This is a formal completion step rather than a procurement event, but it finali…
“The report asks members to approve the audited statement of accounts for 20 2425 which is an appendix B report and also to authorize the deputy chair …”
2024/25 surplus and reserve growth
The authority reported a surplus for 2024/25 and an increase in usable reserves. This is important for procurement because the reserve position and earmarked funds shape future investment capacity and…
“A surplus of £377,600 was reported to the July authority um meeting for 202425 and this increases our total usable reserves from 1,992,900 to 2,370,50…”
Late audit and finance workload
Members and auditors repeatedly noted that the accounts and audit were very late, creating considerable work pressure for the finance team. The delay is described as sector-wide and not the authority’…
“Um, but because we've had some issues with resources in auditing, which we've discussed, um, we're we're kind of much later um, in in the in the annua…”
Medium-term budget and reserves allocation
The authority set out how it intends to use additional one-off revenue funding and carry forwards, including allocations to reserves and delegated authority to start priority schemes before September.…
“So as members are aware due to the late confirmation of threeear settlement and the capital allocation as well as the late application of one-off reve…”
Audit focus on planning and EDI
Internal audit will examine the new financial system, equality/diversity/inclusion in recruitment and volunteering, and the planning process including development management, policy implementation and…
“The areas chosen for audit for the coming year are the new financial system to provide assurance on fundamental financial controls within the new syst…”
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