Issue - meetings

The Executive Member for Corporate Resources proposed the recommendation and thanked Grant Thornton, the External Auditors, and officers for their work on concluding the audit. This was seconded by Cllr Morgan.

Julie Masci from the external auditors Grant Thornton commented that there were no significant issues. There was qualification around the valuations this was a very complex area and the detail of this was being looked at by the moderators.

The Chief Finance Officer advised that payments to ex-employees was detailed in the accounts annually.

RESOLVED that:-

(a)            The 2020/21 Statement of Accounts including the Annual Governance Statement and letter of representation as recommended by the Audit Scrutiny Committee be approved subject to any final adjustments agreed with the external auditors and reported to Council;

(b)            The Audit Findings Report from Grant Thornton be approved and the actions arising from the action plan be noted; and

(c)             The mid year review of Treasury Management for 2021/22 as recommended by Executive on 2 November be noted.

The Chief Financial Officer presented the Draft Final Accounts and Treasury Management. He informed the committee that the accounts had been posted on 30 July.

It was proposed by Councillor Morgan and seconded by Councillor Rollason that the three recommendations be noted.

Resolved

The the Committee note:

(1) That the draft statement of accounts for 2020/21 have been published

(2) The current authorised lending list at appendix 1

(3) The draft treasury management results for 2020/21 at appendix 2