Content

Salford City Council - Record of Decision
 
I, Councillor Jack Youd, Lead Member for Finance,
Support Services & Industrial Relations, in exercise of the
powers contained within the Council Constitution, do hereby:
 
Approve the write-off of Sundry Debt to
the value of £96,375.57. 
 
The Reasons
are: These sundry debts, after exhaustive
attempts to collect, are found to be irrecoverable for a variety of
reasons e.g., liquidation, absconded, no longer trading, bankrupt,
deceased, uneconomical to collect, and irrecoverable after court
action etc.
 
Options considered and
rejected were:Not relevant due to the nature (age and value) of
these accounts. The majority of accounts relate to those proven
uneconomical to collect, irrecoverable after court action,
bankruptcy / liquidation.
 
Assessment of Risk: Low
The value of the debts proposed
for write-off is £96,375.57. The total value of sundry debtor
invoices raised during this financial year 2022/23, was
£314,616,528.00. This write-off therefore represents 0.030%
of the debt.
 
The source of funding
is: The Council’s bad debt
provision.
 
Legal
Implications: Legal advice has been
obtained on each of the individual cases where court action has
been taken.
 
Financial
Implications:Supplied by Tony Thompstone, Strategic Finance
Manager
There is adequate cover for the sundry debt
write-offs proposed in this report in the council’s provision
for bad debt. Setting a provision that is prudent, but not
excessive, is a component of the council’s financial
strategy. The provision is reviewed on an annual basis to ensure
that it is set at an appropriate level.
 
Procurement
Implications: Not applicable
 
HR Implications:
Not applicable
 
Climate Change
Implications: Not applicable
 
Other Directorates
consulted:Directorates are consulted on specific
write-offs where appropriate.
 
The
following documents have been used to assist the decision
process:
The relevant documents contain
exempt or confidential information and are not available for public
inspection. The background documents would provide the identity of
individuals or companies involved in the write off.

Contact
Officer:     Tony Thompstone               
Tel No. 0161 793
2016
Email:tony.thompstone@salford.gov.uk
           
This decision is not subject to
consideration by another Lead Member.
 
The appropriate scrutiny panel
to call-in the decision is the Overview and Scrutiny
Board.
 
 
 
 
 

Signed:         
                                  
                       
Dated: 18th July 2023
Lead Member for Finance, Support Services & Industrial
Relations
 

 
This decision was published on
18th July 2023.
 
This
decision will come into force at 4.00 p.m. on 25th July
2023, unless it is called-in in
accordance with the decision-making process rules.