The Director of Resources submitted a report seeking approval from the Committee, in its capacity as sole member for Brighter Futures for Children Limited (BFfC), for the appointment of UHY Hacker Young as external auditors for BFfC.

The report explained that BFfC had conducted a procurement process for an audit firm, and that following careful evaluation of the written bids and presentations, UHY Hacker Young had been selected as the preferred bidder and recommended to the BFfC Board.  The Council’s Chief Auditor had been a member of the selection panel and confirmed that the selection process had been completed correctly and in a compliant manner.  The BFfC Board had approved the recommended appointment of UHY Hacker Young at their meeting on 18 December 2018.

The report noted that the appointment of external auditors was a “Reserved Matter” within the Articles of Association agreed between the Company and Council, and therefore sought the Committee’s formal approval of the appointment of UHY Hacker Young as the Company’s external auditors.

Resolved –

          That the appointment of UHY Hacker Young as BFfC’s external auditors for a three year term, commencing as soon as possible and covering the 2018/19, 2019/20, 2020/21 financial statements, be approved.