As one of the UK’s 38 Local Enterprise Partnerships, GBSLEP receives government funding. To ensure transparency, fairness and good practice GBSLEP is bound by its Assurance Framework.
The Assurance Framework sets out the GBSLEP’s operating arrangements. It describes how we will approve, deliver and manage the programme of projects benefitting from public funding. This supports the process of devolution and gives confidence to both local partners and Central Government that appropriate arrangements are in place to deliver a fair and transparent programme.
GBSLEP views this Framework as a live document. It is therefore our intention that this Framework is subject to annual review. Agreement for proposed changes to this Framework will be sought from the LEP Board (or the LEP Director where the LEP Board has delegated responsibility for Administrative changes) and the Accountable Body, with further endorsement sought from the Supervisory Board as appropriate.
The annual review of GBSLEP's Assurance Framework began in October 2021 and is now complete, changes have been made to the relevant pages to reflect this update. If you have any questions regarding this changes please contact email@example.com
Download the GBSLEP Assurance Framework here.
This GBSLEP Assurance Framework reflects all changes up to the 31st December 2021, which have been approved by the LEP Board (or for Administrative Changes by the LEP Director) and now awaits the signature of the Section 151 Officer of the Accountable Body.
Individual appendices of the Assurance Framework can be found here.
The Recovery Taskforce Terms of Reference can be found here. Please note that the taskforce was stood down in 2021, but these remain in place, should the Recovery Taskforce need to be re-established.
Download the Roles and Responsibilities for the GBSLEP Chair here.
GBSLEP is required to provide a written assurance statement to Government. The latest statement is available here.
GBSLEP’s Assurance Framework has been developed to meet the criteria set out in the National Assurance Framework, which can be found here.
In accordance with the provisions of the GBSLEP Local Assurance Framework as set out in Appendix 11, and the provisions of the National Local Growth Assurance Framework published by the Ministry of Housing, Communities and Local Government, the LEP Executive compiles a Register of Gifts and Hospitality received by Board Members and members of the LEP Executive. The current version can be found here.
ConstitutionGBSLEP was constituted as a company limited by guarantee in May 2011. The LEP has a number of Company Members – the nine local authorities and six business representative organisation members (the Greater Birmingham Chambers of Commerce, the Herefordshire and Worcestershire Chambers of Commerce, the Federation of Small Businesses, the Engineering Employers Federation (now titled Make UK), the Royal Institution of Chartered Surveyors and the National Farmers Union). The LEP has an Annual Conference every year, which presents an opportunity for the LEP Board to report on progress and for company members and wider stakeholders to hold Directors to account for performance.
The LEP’s Articles of Association can be read here. The Articles were most recently amended on 5th January 2017 to enable the Board to recruit one additional non-executive director to represent the young people of Greater Birmingham & Solihull.
Annual AccountsAs a company limited by guarantee, GBSLEP is required to submit annual accounts to Companies House. The accounts for the year ended 31st March 2021 were audited by Dains LLP and approved by the GBSLEP Board on 4th November 2021.
The accounts for the year ended 31st March 2021 – can be read here.
The accounts for the year ended 31st March 2020 – can be read here.
The accounts for the 10 months ending 31st March 2019 - can be read here.
The accounts for the year ending 31st May 2018 – can be read here.
2017/18 Statutory Accounts Clarification Note supports the 31st May 2018 return:
The figure for ‘Cash at bank and in hand’ at the year-end in the 2018 Balance Sheet of £76,606,136 (2017 £81,383,823) comprises capital grant funding received prior to distribution to applicants for projects that support the delivery of the LEP’s Strategic Economic Plan and meet the requirements of the Assurance Framework and Business Rates Pool income received prior to its expenditure on approved revenue projects, as well as cash for operational purposes.
Details of all the filing history for the GBSLEP at Companies House can be accessed here.