Council > Asset & Risk Registers
Asset & Risk Registers
Risk Register
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Asset Register
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The Council manages an Asset Register of all items owned by the Council.
Overview
• Records the current location of assets which can moved i.e. benches.
• Records the initial cost and current value of each asset to support the Annual Financial Statement.
• Support of insurance claims in the event of theft or damage.
• Demonstrates due diligence with regard to publicly funded assets.
• Ensure each item is recorded correctly in the insurance policy.
Assets need to be inspected yearly to determine whether any expenditure is required for budgeting purposes.
The management of risk is an important part of the Council's work; making sure that the people who use our facilities are safe, giving the staff the protection needed for their work, and protecting the assets that the Council hold.
Risk assessment happens all the time, but once a year, the Council brings the information together and collates it in a single document.
Keresley Parish Council has insurance with Zurich Municipal to protect against these risks.
A copy of the certificate may be downloaded here.
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© Keresley Parish Council 2020