Issue - meetings

To consider the report of the Director of Finance and Resources, Alexandra Palace and Park. 

Nigel Watts – Director of Finance and Resources, Alexandra Palace – introduced the report as set out in the agenda papers.

NOTED:

·        The first paragraph on page 78 of the report referred to the predicted achievement of the £500k reduction in deficit target.  This was based on the assumption that £90k back rent would have been recouped from Campsbourne, which was no longer the case, meaning that the target may not be achieved.

RESOLVED

that the draft, unaudited results for the financial year ended 31^st March 2012 be noted.