Issue - meetings

To consider the presentation from the Director of Resources, (copy enclosed).

The Committee considered the report of the Director of Resources reporting the position of the Ernst Young LLP audit of the Statement of Accounts for 2017 / 18 (attached at Appendix 1 to the report) and any amendments arising from this audit.

The report outlined that the contents of the Statement of Accounts were largely determined by statutory requirements and mandatory professional standards as set out within The Code of Practice on Local Authority Accounting (The Code).  The Council’s unaudited Statement of Accounts for 2017 / 18 had been signed off by the Director of Resources at the end of May 2018.

The Director of Resources presented the Statement of Accounts for 2017 / 18 and highlighted two small changes to be made to the pension estimate and the Audit and Inspection costs.  It was noted that these changes did not result in any net change. 

Councillor A S Fluker proposed that recommendation (i) as set out in the report be agreed.  This proposal was duly seconded and agreed.

The Committee asked that its thanks be passed onto Ernst Young and the Council’s Finance Team for all the work that had gone into producing the Statement of Accounts.

RESOLVED that the audited Statement of Accounts for 2017 / 18 be approved.