20 April
Minutes of Scottish Enterprise Board: 20 April 2006
Present:
Sir John Ward CBE, Chairman
Jack Perry, Chief Executive
Fred Hallsworth
Donald MacRae (by conference call)
Colin McClatchie
Charlie Morrison
Ray Perman
Professor Timothy O’Shea
Apologies:
Frank Blin CBE
Pat Denzler
Barbara Duffner OBE
Douglas Lamb
In attendance:
Iain Carmichael, Chief Financial Officer
Charlie Woods, Chief Economist and Director Strategy
Brian Jamieson, SE Secretary
Audit committee draft report of the audit committee into the 2005/06 forecast budget overspend
The draft Report was tabled. It was explained that the Report would form a major part of the submission to the Enterprise and Culture Committee of the Scottish Parliament.
The submission would consist of a covering letter, the Audit Committee Report, backed by the Internal Audit Report and the Appendices previously seen by the Board. There would also be a review of our funding history. It would not be possible at the Committee Meeting on 25 April to give details of the forward picture as the 2006/07 budget would not be settled until after that date. It was anticipated that there would be a further visit to the Committee on 2 May to outline the initial implications of the final budget.
The Board noted that the Report was being finalised in conjunction with the Scottish Executive to ensure its accuracy and endorsed the proposed method of submission to the Committee. Thanks were extended to Charlie Morrison and Fred Hallsworth for their work and extended time commitment on the Audit Committee Report.
Brian Jamieson
SE Secretary
April 2006