Issue - meetings

This report presents the current set of Accounts for 2020/21 in the format specified by the Code of Practice on Local Authority Accounting in the United Kingdom.  Members are invited to approve both the Statement of Accounts and the Audit Findings Report.  The external auditors report is to be approved prior to the Engagement Lead signing off the Accounts.  The Engagement Lead and/or their representative will be at the meeting to present the report and to answer questions.

Due to its size Annex 1 – The Statement of Accounts will be available as a supplement.

The report of the Director of Finance and Transformation presented an audited set of Accounts for 2020/21 in the formal specified by the Code of Practice on Local Authority Accounting in the United Kingdom. 

The Committee was reminded that responsibility for approval of the Statement of Accounts was delegated to the Audit Committee under the Council’s constitutional arrangements and advised that the Statement of Accounts had been circulated as a supplemental report.

RESOLVED: That

(1)        the audited set of Accounts for 2020/21, as set out in Annex 1, be received and the Chairman of the Audit Committee be authorised to sign the Accounts in the appropriate place;

(2)        the Audit Findings Report on the outcome of the audit of the Statement of the Accounts for 2020/21 be approved; and

(3)        the Chairman of the Audit Committee and the Director of Finance and Transformation be granted delegated authority to countersign the Letter of Representation when Grant Thorndon issue their opinion.