Decision Details

Implemented

Group Companies - Informing Audit Risk Assessment 2025 -26

Yes

No

Yes

016281/2026

No

Report of the Executive Director, Finance (Section 151 Officer) 

 

Thu 23 Apr 2026

To agree the Group Boundary for the Council.  Undertake an annual  exercise to determine the “Group Boundary”, that is to define which subsidiaries, associates and joint ventures are consolidated with the 
Council’s financial statements to produce Group Accounts. The larger entities within the overall Council group boundary have been asked to provide information through the completion of a questionnaire to allow Members to gain assurance that funds are 
being used efficiently and effectively and that information provided in respect of their financial statements may be relied on. The assurance statements have been broken down into three main areas: 
• Company Environment – looking at the governance arrangements of the 
company 
• The Identification, Mitigation and Reporting of Risk – looking at how the 
company manages risk 
• Financial Statements – looking at factors that may impact on the 
company’s financial health and financial statements.

Finance

Not Applicable

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Committee

Cabinet Committee - Group Company Governance

Information related to financial or business affairs of any particular person. 

On 23 April 2026 Cabinet Committee Group Company Governance:- (i) Noted and considered the responses from the Council’s group companies returns and the risk assessment; (ii) Agreed to advise Audit Committee of the issues identified and to raise any further matters with the Audit Committee;  (iii) Agreed the closure of three companies that are no longer required, namely PETPS (Birmingham) Capital Limited (10836221 ), PETPS (Birmingham) General Partner Limited (SC569640 ) and PETPS (Birmingham) Pension Funding Scottish Limited Partnership (SL031859);  (iv) Delegated authority to the City Solicitor (or their delegate) to complete all necessary legal and corporate steps to implement dissolution to give effect to (iii) above, including any ancillary or consequential documentation that may be required; and (v) Approved the Action Plan set out in Exempt Appendix 10 to the report.   THIS DECISION IS NOT SUBJECT TO CALL IN.

No