The GOsC needs to ensure that we have enough income to meet the predicted levels of future spend. The purpose of our Financial and Asset framework is to help us do this, ensuring the financial sustainability of the GOsC so that we can deliver our statutory duties.

The framework sets out:

• Our governance around the framework
• Our current financial and asset position
• Our forecast financial and asset position
• The future actions we need to take.

Our Council has overall responsibility for making sure we are financially sustainable. Council agreed to our Financial and Asset framework at the February 2026 Council meeting.