Issue - meetings
Irrecoverable Debts 2022-2023 (Over £50,000)
Meeting: 01/02/2023 - Cabinet (Item 11)
11 Irrecoverable Debts 2022-2023 (Over £50,000) 
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The Leader’s Portfolio
To consider report FIN/609 of the Chief Executive and Chief Accountant (s151 officer).
Decision:
RESOLVED
That the Cabinet approves the write-off irrecoverable debts totalling £154,931.53 as shown in the following table.
|
Name and Address |
Reason for Write-Off |
Total Value of Write-Off |
|
Howell Transport and Haulage Ltd Barlow House, Crompton Way, Crawley RH10 9QB |
In Liquidation |
£154,931.53 |
Reasons for the Recommendations
The Council’s Constitution necessitates amounts exceeding £50,000 requiring write-off to be approved by the Cabinet.
Minutes:
The Leader presented report FIN/609 of the Chief Executive and Chief Accountant (s151 officer). 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. The report sought authority to write off individual debts in 2022 - 2023 of over £50,000 and also provided a summary of debts written off using delegated authority:
RESOLVED
That the Cabinet approves the write-off irrecoverable debts totalling £154,931.53 as shown in the following table.
|
Name and Address |
Reason for Write-Off |
Total Value of Write-Off |
|
Howell Transport and Haulage Ltd Barlow House, Crompton Way, Crawley RH10 9QB |
In Liquidation |
£154,931.53 |
Reasons for the Recommendations
The Council’s Constitution necessitates amounts exceeding £50,000 requiring write-off to be approved by the Cabinet.