Agenda

The Chair to welcome Members to the meeting.

Lead:  Chair

Members are required to declare any personal, prejudicial, or disclosable pecuniary interest they may have relating to items on the agenda and state the nature of such interest.

Lead: Chair

To approve as a correct record the minutes of the Audit & Governance Committee held on Friday 6September 2024.

Lead: Chair

Corporate Risk Update

·       Corporate Risk Register

·       Risk Deep Dive Schedule 2025

·       STP Overview & Inclusivity/Disconnectivity Update

Lead: Daniella Della Cerra Smith

To note the Audit Completion Report

·       Forvis Mazars ACR

Lead:  Daniel Watson

Annual Progress Report of the Audit and Governance Committee

To note the Chair’s Annual Report

·       Annual Progress Report of the Audit and Governance Committee

·       Audit & Governance Terms of Reference

·       Audit & Governance Terms of Reference Activity

Lead: Chair

To consider the year end draft statement of accounts for and the annual governance statement 2023/24

·       Accounts (track changed / annotated from drafts)

Lead: Paul Kelly

To consider the draft annual governance statement for 2024/25

·        Draft 2024/25 AGS

Lead:  Joanne Barclay

To note the reports from RSM Risk Assurance Services including:

·       Draft2025/26 Audit Plan

·       Progress Report

·       Northern Powerhouse Rail (NPR) Co-Sponsorship Model Arrangements (02.24.25)

·       NPR TAME Delivery Model Framework (03.24/25)

·       TfN Offer (04.24/25)

·       Internal Audit Code of Practice Briefing Paper

Lead: Alex Hire

Quarterly Operating Report

To note Transport for the Norths Quarterly Operating Report (July – September)

·       QOR

Lead: Paul Kelly

Items deferred to March 2025 meeting:

·       Member skills appraisal and development

·       Anti-fraud policy review. RSM will be engaged with the anti-fraud policy review

Lead: Paul Kelly

The next meeting of the Audit and Governance Committee will be held on Friday 7 March 11:00 – 13:00 in the Ante Chamber (2^nd floor), Manchester City Council, Town Hall Extension, Albert Square, Manchester, M60 2LA.