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There was submitted a report by the Chief Executive relative to Renfrewshire Leisure's annual business plan 2021/22. The report intimated that in terms of the Service Agreement, Renfrewshire Leisure is required to submit an annual business plan to the Council which sets out priorities for the year and outlines how it will deliver the services specified in the Service Agreement. The business plan sets out the priorities and main actions that will be undertaken by Renfrewshire Leisure in 2021/22 and also highlights its revised five-year business strategy and strategic objectives.
The report outlined that the Board of Renfrewshire Leisure, in preparing the 2020/21 financial accounts, would require to make disclosures of the impact of Covid-19 on the organisation and the scale of earned income losses on cash generating activities. The external auditor would seek appropriate assurances over the financial going concern of the Trust and in order to meet this requirement, a letter of support would require to be provided by the Council, providing assurance that over the course of 2021/22 Renfrewshire Leisure would be financially supported by the Council to offset the loss of earned income due to Covid-19 disruption allowing the 2020/21 accounts to be compiled on a going concern basis.
DECIDED:
(a) That Renfrewshire Leisure's annual Business Plan for 2021/22 which meets the terms of the Service Agreement be agreed;
(b) That the monitoring arrangements in place by the Head of Policy & Commissioning (the Renfrewshire Leisure Monitoring Officer) to undertake quarterly performance monitoring meetings with Renfrewshire Leisure and provide six-monthly progress reports to the Leadership Board be noted;
(c) That the annual Business Plan for 2021/22 as appended to the report be noted; and
(d) That it be agreed, as outlined in section 6 of the report, a letter of financial support be provided to Renfrewshire Leisure from the Council as part of providing the necessary level of assurance to external audit and as part of the closure of Renfrewshire Leisure's 2020/21 accounts.