Annual report 2010/11 - East Cheshire NHS Trust

Better payment practice codeExternal auditRemuneration and terms of service committeeThe Better Payment Practice Code requires the trustto aim to pay all undisputed invoices by the due date orwithin 30 days of receipt of goods or a valid invoice,whichever is later.The audit services provided in 2010/11 included the audit ofthe trust’s financial statements and other statutory activitiesincluding value for money work. These services wereprovided by the Audit Commission and the cost was £154k.The purpose of this committee is to advise the board aboutappropriate remuneration and terms of service for the chiefexecutive and other executive directors and senioremployees within the trust and the membership consists of:Better Payment Practice Code - measure of compliance 2010-11 2009-10Number £000 Number £000Total Non-NHS trade invoices paid in the year 39,883 33,812 38,926 30,352Total Non NHS trade invoices paid within target 9,409 9,935 13,241 12,100Percentage of Non-NHS trade invoices paid within target 24% 29% 34% 40%Total NHS trade invoices paid in the year 1,673 15,343 1,526 14,389Audit committeeThis committee reviews the establishment and maintenanceof an effective system of internal control and riskmanagement within the trust. The membership consists of:• Lynn McGill Non-executive Director/Deputy Chairman• Lynn McGill• Stewart Fraser• David Coorey• Tony CoombsNon-executive Director/Deputy ChairmanNon-executive DirectorNon-executive DirectorNon-executive DirectorTotal NHS trade invoices paid within target 285 3,891 196 2,099Percentage of NHS trade invoices paid within target 17% 25% 13% 15%• Stewart FraserNon-executive Director• Neil MasomNon-executive Director• David CooreyNon-executive DirectorThe Late Payment of Commercial Debts (Interest) Act 1998 2010-11 2009-10£000 £000Amounts included in finance costs from claims made under this legislation 0 5Compensation paid to cover debt recovery costs under this legislation 0 0Total 0 5• Tony Coombs• Neil MasomNon-executive DirectorNon-executive Director/Chair of Audit CommitteeMarket value of interests in landThere was no difference between the carrying amount andmarket value of interests in land reported in the accounts.Neil Cook66