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North Wales Economic Ambition Board
NWEAB'S REVENUE AND CAPITAL OUT-TURN POSITION FOR 2023/24
RESOLVED Noted and accepted: 1. The Ambition Board's revenue out-turn report for 2023/24 (Appendix 1) which includes using £561,454 from the North Wales Growth Deal grant to show a neutral position for the year. 2. The Ambition Board’s reserves position (Appendix 2). 3. Capital End of Year Review on 31 March 2024 (Appendix 3). REASONS FOR THE DECISION To inform the Ambition Board of its financial position for both revenue and capital in 2023/24. DISCUSSION Members were guided through the report which provided an overview of the revenue and capital out-turn position for 2023/24. Referen…
North Wales CJC Economic Well-being Sub-committee
NWEAB'S REVENUE AND CAPITAL OUT-TURN POSITION FOR 2024/25
RESOLVED 1. To note the NWEAB out-turn report for 2024/25 which includes the use of £714,395 from the North Wales Growth Deal grant to demonstrate a neutral position for the year. 2. To note the position of NWEAB's funds. 3. To note NWEAB's end of year capital review on 31 March 2025. REASONS FOR THE DECISION To inform the Economic Well-being Sub-Committee of the financial position of the NWEAB for revenue and capital in 2024/25. The role and function of the NWEAB was transferred to the CJC on 1 April 2025, which included staff, resources, commitments and financial assets, including the …
North Wales Corporate Joint Committee
NWEAB'S REVENUE AND CAPITAL OUT-TURN POSITION FOR 2024/25
RESOLVED The report providing the final North Wales Economic Ambition Board (BUEGC) out-turn position to the North Wales Joint Incorporated Committee (CJC) for revenue and capital in 2024/25 was accepted. DISCUSSION The report was presented explaining that it had already been submitted to the Economic Wellbeing Sub-Committee, but it was now submitted for approval. It was added that they were aiming to submit the report in the form of a statement of draft accounts in July. It was explained that the final out-turn revenue position for the year was an underspend of almost £386k, and that it w…
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