Report of the Chair on the work of the Audit Committee

This report gives an overview of the key items considered by the Committee at its meeting on 22 January 2026.

At the Audit Committee held on 22 January 2026, the following business was considered:

1. Draft Grant Thornton Audit Findings Report

1.1 The Committee received an Audit Findings report from Grant Thornton for the year ended 31 March 2025.

1.2 The Committee resolved to note the draft Grant Thornton Audit Findings report for year ended 31 March 2025.

2. Risk Assurance Update

2.1 The Committee received an update on the governance assurance approach to risk management.

2.2 The Committee resolved to note the update.

3. Improvement and Recovery Plan Progress Updates

3.1 The Committee received an update from the Interim Chief Executive and Chair o the Audit Committee on the progress of the Improvement and Recovery Plan.

3.2 The Committee resolved to note the update.