Issue - meetings
Alignment of End of Year Reporting Periods
Meeting: 02/12/2024 - Shareholder Committee for Care Dorset Holdings Ltd (Item 31)
31 Care Dorset - Change of Financial Year 
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To consider a report of the Managing Director Care Dorset.
Decision:
That a change to the financial reference period for Care Dorset to operate an April to March fiscal year from 1 April 2026, be approved.
This change means there will be an 18 month financial year from 1 October 2024 to 31 March 2026.
Reason for decision
This change is recommended in order to bring Care Dorset in line with Dorset Council’s financial reference period and avoid complication with Care Dorset operating over two financial years with Dorset Council.
Minutes:
The Shareholder Committee received a report of the Care Dorset Managing Director, which recommended a change to Care Dorset’s financial reference period to bring it in line with Dorset Council’s fiscal year from 1 April 2026.
In response to a question, the Managing Director noted that the Finance Director met with auditors and also the Dorset Council Finance Team on a quarterly basis which enabled appropriate checks and balances.
It was proposed by S Robinson seconded by N Ireland.
Decision
That a change to the financial reference period for Care Dorset to operate an April to March fiscal year from 1 April 2026, be approved.
This change means there will be an 18 month financial year from 1 October 2024 to 31 March 2026.
Reason for decision
This change is recommended in order to bring Care Dorset in line with Dorset Council’s financial reference period and avoid complication with Care Dorset operating over two financial years with Dorset Council.