Democracy in Crawley

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Decision details

Irrecoverable Debts 2019/2020

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 2019 - 2020 of over £50,000 and also provide a summary of debts written off using delegated authority.

Decisions:

The Leader of the Council presented report FIN/490 of the Head of Corporate Finance, which sought approval to write-off debts to the Council that were considered to be irrecoverable and exceed the delegated limit of £50,000 per write-off. The proposed write-off in excess of £50,000 totalled £301,982.60.

 

 

RESOLVED

 

That the Cabinet approves the write-off of the Business Rates debt as set out below

 

Name and Address

Reason

Total

£

Genus UK Ltd      

15 County Mall

In Administration

57,529.67

Monsoon Ltd                             

10 & 11 County Mall

Entered into Company Voluntary Arrangements

82,320.00

Premier Parking Gatwick Ltd

Land Peeks Brook Lane

In Liquidation

162,132.93

Total

 

301,982.60

 

Reasons for the Recommendations

 

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

 

Report author: Karen Hayes

Publication date: 10/02/2020

Date of decision: 05/02/2020

Decided at meeting: 05/02/2020 - Cabinet

Accompanying Documents: