Democracy in Crawley

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Decision details

Irrecoverable Debts 2017/2018

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: No

Purpose:

While the Council endeavours to collect all debts due to the Council, there will inevitably be some debts that remain irrecoverable. Individual debts of up to £50,000 can be written-off using delegated powers. This report will seek authority to write off individual debts in 2017 - 2018 of over £50,000 and also provide a summary of debts written off using delegated authority.

Decisions:

The Leader presented report FIN/436 of the Head of Finance, Revenues and Benefits. The purpose of this report was to obtain approval to write-off a debt that was considered to be irrecoverable and exceed the delegated limit of £50,000 per write-off. It was noted that a summary of debts to be written-off under delegated powers was also contained within the report. The Leader commented that he had been privy to the lengths that the finance team go to in chasing debts owed to the Council and was satisfied that it was now in the Council’s best interest to write off the proposed irrecoverable debts in line with accounting best practice.

 

 

RESOLVED

 

That the Cabinet approves the write-off of amounts exceeding £50,000 as detailed in the table below:

 

Name and Address

Reason

Total

£

Trustees of Emergency Aid Victory House Manor Royal

Charity in Liquidation

107,181.80

 

Mar City Homes Ltd

Zurich House East Park

Received part payment following Court action

61,952.85

 

 

169,134.65

 

 

Reasons for the Recommendations

 

The Council’s Constitution necessitates amounts exceeding £50,000 requiring writeoff to be approved by the Cabinet.

Report author: Karen Hayes

Publication date: 29/03/2018

Date of decision: 21/03/2018

Decided at meeting: 21/03/2018 - Cabinet

Accompanying Documents: