Agenda

General Counsel

Members are reminded that any interests in a matter under discussion must be declared at the start of the meeting, or at the commencement of the item of business. 

Members must not take part in any discussion or decision on such a matter and, depending on the nature of the interest, may be asked to leave the room during the discussion.

General Counsel

The Committee is asked to approve the minutes of the meeting of the Committee held on 18 September 2024 and authorise the Chair to sign them.

General Counsel

The Committee is asked to note the updated actions list.

Chief Finance Officer

The Committee is asked to note the report.

Chief Finance Officer

The Committee is asked to note the report.

Chief Finance Officer

The Committee is asked to note the paper and agree with EY’s

conclusion that the provision of the future services referred to in the

appended letter will not create a threat to the firm’s independence as

auditor of Transport for London or that any identified threat is at an

acceptable level or, if not, will be eliminated, or reduced to an

acceptable level; and agree with the provision of those services.

Chief Finance Officer

The Committee is asked to note the paper.

Director of Risk and Assurance

The Committee is asked to note the report and the exempt supplementary information on Part 2 of the agenda.

General Counsel

The Committee is asked to note IIPAG’s Quarterly Report and the management response.

Director of Risk and Assurance

The Committee is asked to note the paper and the supplementary information on Part 2 of the agenda.

Chief Finance Officer

The Committee is asked to note the paper and:

(a)         approve the 2023/24 Statement of Accounts, subject to any comments Members might have;

(b)        note that the statutory Chief Finance Officer has authority to make any adjustments arising from the work prior to the auditors, Ernst and Young LLP, signing their opinion or from any comments made by the board of any Subsidiary company provided that should any changes be required to the Statement of Accounts which, in the opinion of the statutory Chief Finance Officer are material, he will seek approval of the Committee for these changes;

(c)         note that the Chair of the Committee will sign and date the Statement of Accounts in due course; and

(d)        note that the level of Minimum Revenue Provision has been made in the Statement of Accounts in accordance with the policy approved by the Board.

General Counsel

The Committee is asked to note the report.

Chief Finance Officer

The Committee is asked to note the paper.

Chief Finance Officer

The Committee is asked to note the dashboard at Appendix 1.

General Counsel

The Committee is asked to note the paper.

General Counsel

The Committee is asked to note the forward plan and is invited to raise any suggestions for future discussion items.

The Chair will state the reason for urgency of any item taken.

Monday 10 March 2025 at 10.30am.

The Committee is recommended to agree to exclude the press and public from the meeting, in accordance with paragraphs 3 and 5 of Schedule 12A to the Local Government Act 1972 (as amended), in order to consider the following items of business.

Exempt supplementary information relating to the item on Part 1.

Exempt supplementary information relating to the item on Part 1.