Customize Consent Preferences

We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.

The cookies that are categorized as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ... 

Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.

FINANCE & GENERAL PURPOSES GROUP TERMS OF REFERENCE

The Finance and General Purposes (F&GP) Group is a Sub-Group of the Executive Oversight Committee of the Cooperative Councils’ Innovation Network.

The Executive Oversight Committee adopted the F&GP Group Terms of Reference at its meeting on 5 March 2024.

Nothing in these terms of reference shall prevent the EOC from dealing with a matter that this Group might otherwise deal with.

Purpose of the Group

To provide assurance to the Executive Oversight Committee (EOC) on the long-term financial sustainability of the CCIN through general supervision of the Network’s finances. This includes the principles of good practice in financial management, recommendations on investments, and assessment and monitoring of the financial plan.

Key Responsibilities

  1. To support the Accountable Body in devising systems and processes that meet the needs of the Network.
  2. To maintain oversight of the CCIN’s financial plans, highlighting risks and opportunities to the EOC.
  3. Making decisions and recommendations to assure long-term financial sustainability, including maintaining an overview of income against expected expenditure.
  4. To review and recommend the annual budget to the EOC.
  5. To support the Accountable Body in maintaining a Cashbook of income and expenditure.
  6. To support the Accountable Body in preparing the Annual Accounts and Financial statements and make recommendations to the EOC.
  7. To provide insight into key financial risks.
  8. To take any other such decisions as may be agreed from time to time.

Group Members

The group will consist of at least five people, including the Chair and Accountable Body Lead, with a quorum of 4 plus the Accountable Body Officer Lead.

  • Chair – Cllr Peter Bradbury – Vice Chair of the Execu=ve Oversight CommiCee | Cabinet Member for Tackling Poverty, Equalities & Public Health (Tackling Poverty & Supporting Young People)
  • Cllr Barbara Brownridge – Accountable Body Lead |Cabinet Member for Health and Adult Social Care, Oldham Council
  • Cllr Mili Patel – Deputy Leader, Brent Council
  • Cllr Mike Stubbs – Vice Chair of Values & Principles Board | Newcastle-under-Lyme Labour Group
  • Cllr Ruth Bennett – Deputy Leader & Cabinet member for Finance, Resources and Transformation, Liverpool City Council
  • Cllr Alistair Willoughby – Executive Member for Community and Partnerships, North Herts District Council
  • Jonathan Downs – Accountable Body Officer Lead | Corporate Policy Lead – Oldham Council
  • Nicola Huckerby – CCIN Operations Lead, will attend as required.
 

Chair Finance and General Purposes Group

Members Finance and General Purposes Group