Draft statement of Account 2021-2022

OPEN

DECISION

ITEM 6

1.    Purpose of Report

1.1    To allow members to scrutinise the draft set of financial statements for 2021/22.

2.    Recommendations

2.1    That Members note the draft set of unaudited accounts published on the Authority’s website and provide scrutiny in advance of the audit and final approval.

3.    Information and Analysis

Background

3.1    The Authority will normally publish the accounts by 31 July in any financial year. Due to the ongoing impact of Covid 19 on available resources within public sector bodies and external auditors the government issued the Accounts and Audit (Coronavirus) (Amendment) Regulations which deferred the deadline until 30 September.  

3.2    Given the delays in auditing the previous years accounts, this deadline wont be met again this year but the Authority has met the requirement to publish unaudited draft accounts on its website. The papers issued to Members include the draft set of accounts. The Narrative Statement reflects the Outturn report that the Authority received in July 2022 and the Annual Governance Statement presented to the Authority.

4.    Legal Considerations

4.1    The Accounts and Audit (Amendment) Regulations 2021 require that the Authority approves the formal Statement of Accounts prior to publication on 30th September 2022.

5.    Other Considerations

5.1    None. 

This report has been consulted upon and approved by the following officers:
Strategic Leadership Team 

Contact Officer:    Simon Allsop    Contact No:    01773 305410