Agenda

Audit & Governance Committee - Friday, 7th March, 2025 11.00 am

Venue: Antechamber, Manchester City Council, Town Hall Extension, Lloyd Street, Manchester

Contact: Andrea Shepherd

Media

Items
No.	Item
1.	Welcome and Apologies The Chair to welcome Members to the meeting. Lead: Chair Additional documents: Webcast for 1.
2.	Declarations of Interest 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 Additional documents: Webcast for 2.
3.	Minutes from the Previous Meeting PDF 105 KB To approve as a correct record the minutes of the Audit & Governance Committee held on Friday 6 December 2024. Lead: Chair Additional documents: Webcast for 3.
4.	Monitoring Effectiveness of Audit and Governance Committee PDF 81 KB View the background to item 4. To commence the second year’s self-assessment of the Committee’s effectiveness and update on progress on the Skills Audit survey. Lead: Joanne Barclay Additional documents: Appendix 1 Evaluating the impact and effectiveness of the Audit and Governance Committee Survey , item 4. PDF 70 KB Webcast for 4.
5.	Corporate Risk Register and Risk Management Strategy Report PDF 98 KB View the background to item 5. To consider the updated Corporate Risk Register and Deep Dive on Corporate Risk 303. Lead: Daniella Derra-Cella-Smith Additional documents: Appendix 1 Corporate Risk Register February 25 , item 5. PDF 4 MB Appendix 2 Corporate Risk TfN Corporate Risk 303 Deep Dive Mar 25 , item 5. PDF 208 KB Webcast for 5.
6.	Internal Audit Update PDF 80 KB View the background to item 6. To consider the reports from RSM Risk Assurance Services · Progress Report · Project Management Review · Internal Audit Follow Up Report 1.24/25 Lead: Alex Hire Additional documents: Appendix 1 Progress Report March 2025 , item 6. PDF 338 KB Appendix 2 Internal Audit Project Management , item 6. PDF 473 KB Appendix 3 Internal Audit Follow Up Report 1.24/25 , item 6. PDF 242 KB Appendix 4 Internal Audit Plan 2025.26 , item 6. PDF 328 KB Webcast for 6.
7.	Preparation of the Annual Governance Statement 2024-25 PDF 89 KB View the background to item 7. To present the final draft of the 2024/25 Annual Governance Statement to Committee for Approval. Lead: Joanne Barclay Additional documents: Appendix 1 Draft Annual Governance Statement 2024-25 , item 7. PDF 257 KB Webcast for 7.
8.	External Audit Update PDF 77 KB View the background to item 8. To note the Audit Completion Report 2023-24. Lead: Daniel Watson Additional documents: Appendix 1 Auditors Annual Report 23/24 , item 8. PDF 651 KB Webcast for 8.
9.	Budget and Business Planning 2025 - 2026 PDF 78 KB View the background to item 9. To give sight of and seek comments on the draft Business Plan for 2025/26. Lead: Martin Tugwell Additional documents: Appendix 1 Draft 2025-26 Business Plan , item 9. PDF 258 KB Webcast for 9.
10.	Quarterly Operating Report PDF 72 KB View the background to item 10. To provide an update on operational issues across Transport for the North, October to December 2024. Lead: Martin Tugwell Additional documents: TfN Quarterly Operating Report (October - December 2024) , item 10. PDF 303 KB Webcast for 10.
11.	Date and Time of Next Meeting The next meeting of the Audit and Governance Committee will be held on Friday 18 July 2025 11:00 – 13:00 (The Antechamber Manchester City Council Town Hall Extension) Additional documents: Webcast for 11.