Issue - meetings

This report presents the Accounting Policies proposed for the 2023/24 Financial Statements for consideration and endorsement.

The Accounting Policies proposed for the 2023/24 Financial Statements were presented for consideration and endorsement.  It was noted that a minor change proposed to the previous Accounting Policies was the clarification of the Council’s minimum accrual limits for revenue items of £10,000, and £10,000 for capital schemes.  It was noted that there would be exceptions where accruals were occasionally raised below these limits, depending on the nature of the transaction.

RESOLVED:  That the Accounting Policies to be used in the preparation of the 2023/24 Financial Statements, as set out at Annex 1 of the report, be endorsed.