Agenda

Venue: Conference Rooms 1&2, Ground Floor, Palestra, 197 Blackfriars Road, London, SE1 8NJ

Contact: Sue Riley, Secretariat Officer 

Items
No. Item

1.

Apologies for Absence and Chair's Announcements

2.

Declarations of Interests

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.

3.

Minutes of the Meeting of the Committee held on 15 March 2023 pdf icon PDF 239 KB

General Counsel

 

The Committee is asked to approve the minutes of the meeting of the Committee held on 15 March 2023 and authorise the Chair to sign them.

4.

Matters Arising, Actions List and Delegated Authority pdf icon PDF 203 KB

General Counsel

 

The Committee is asked to note the updated actions list and the use of delegated authority.

Additional documents:

5.

TfL Annual Report 2022/23 pdf icon PDF 113 KB

Chief Customer and Strategy Officer

 

The Committee is asked to note the Annual Report and the delegation to the Chief Customer and Strategy Officer and to make any adjustments prior to submission to the Board.

Additional documents:

6.

EY Report to Those Charged with Governance pdf icon PDF 112 KB

Chief Finance Officer

 

The Committee is asked to note the report.

Additional documents:

External Audit Items

7.

TfL Statement of Accounts for Year Ended 31 March 2023 pdf icon PDF 271 KB

Chief Finance Officer

 

The Committee is asked to note the draft Statement of Accounts and the delegation to the Chief Finance Officer to make any adjustments arising from the ongoing audit work prior to submission to the Board.

Additional documents:

8.

EY Letter on Independence and Objectivity pdf icon PDF 110 KB

Chief Finance Officer

 

The Committee is asked to note the paper.

Additional documents:

9.

EY Report on Audit and Non-Audit Fees for Six-Months Ended 31 March 2023 pdf icon PDF 110 KB

Chief Finance Officer

 

The Committee is asked to note the report

Additional documents:

10.

Annual Audit Fees 2023/24 pdf icon PDF 20 KB

Chief Finance Officer

 

The Committee is asked to note the paper.

Audit, Risk and Assurance Items

11.

Risk and Assurance Annual Report and Assurance Statement 2022/2023 pdf icon PDF 341 KB

Director or Risk and Assurance

 

The Committee is asked to note the report.

12.

Risk and Assurance Quarter 4 Report 2022/23 pdf icon PDF 280 KB

Director of Risk and Assurance

 

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

Additional documents:

13.

Independent Investment Programme Advisory Group Quarterly Report pdf icon PDF 528 KB

General Counsel

 

The Committee is asked to note the Independent Investment Programme Advisory Group’s (IIPAG) Quarterly Report, the management response to it and approve the IIPAG Workplan for 2023/24.

 

Additional documents:

14.

Elizabeth Line Programme Assurance Quarter 4 Report 2022/23 pdf icon PDF 230 KB

Director of Risk and Assurance

 

The Committee is asked to note the report.

Additional documents:

15.

TTL Properties Limited Assurance Update pdf icon PDF 138 KB

Director of Risk and Assurance

 

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

Additional documents:

Accounting and Governance

16.

Review of Governance and the Annual Governance Statement for Year Ended 31 March 2023 pdf icon PDF 325 KB

General Counsel

 

The Committee is asked to note the paper and approve the Annual Governance Statement, as set out in Appendix 1 of this paper, for signing by the Chair of TfL and the Commissioner, for inclusion in the 2022/23 Annual Report and Accounts, and note the progress against the 2022/23 improvement plan, as set out in Appendix 2, and the plan for 2023/24, as set out in Appendix 3.

 

 

 

 

17.

Legal Compliance Report (1 October 2022 - 31 March 2023) pdf icon PDF 376 KB

General Counsel

 

The Committee is asked to note the report.

18.

Financial Control Environment Trend Indicators pdf icon PDF 118 KB

Chief Finance Officer

 

The Committee is asked to note the paper and the Financial Control Environment Trend Indicators.

 

Additional documents:

19.

Register of Gifts and Hospitality for Members and Senior Staff pdf icon PDF 134 KB

General Counsel

 

The Committee is asked to note the paper.

Additional documents:

20.

Members' Suggestions for Future Discussion Items pdf icon PDF 105 KB

General Counsel

 

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

Additional documents:

21.

Any Other Business the Chair Considers Urgent

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

22.

Date of Next Meeting

Wednesday, 20 September 2023 at 10.00am.

23.

Exclusion of Press and Public

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

 

Agenda Part 2

24.

Risk and Assurance Quarter 4 Report 2022/23

Exempt supplementary information relating to the item on Part 1.

 

 

25.

TTL Properties Limited Assurance Update

Exempt supplementary information relating to the item on Part 1.