Decision Maker: Audit and Governance Committee
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: No
To consider the Draft Statement of Accounts.
Alex Thompson, Director of Finance and Customer Services and Section 151 Officer presented the Draft Statement of Accounts to the Committee, the accounts remained a draft until they had been audited and this Committee would then approve the final accounts.
The report presented key variations in specific areas, as a suggestion to the Committee, for consideration ahead of approval.
The Committee were advised that the assets issue (previously discussed and advised on by External Auditors at earlier meetings) was still outstanding, this meant that no certificate could be issued to any Local Authority at the moment.
The item was opened for any questions and clarity was given:
· between the relationship of the Cheshire and Warrington Local Enterprise Partnership (LEP) and Cheshire East Accounts, Cheshire East were the accountable body for the LEP, Alex Thompson was the 151 Officer for the LEP and Murray-Smith was the External Auditor for LEP; and
· how the council records the revaluation of assets, these were treated as an unusable reserve.
a) the summarised position of the accounts for the year ended ending 31 March 2021 be received and noted;
b) the dates in relation to the approval process for the Statement of Accounts be received and noted.
Report author: Joanne Wilcox
Publication date: 28/09/2022
Date of decision: 28/07/2022
Decided at meeting: 28/07/2022 - Audit and Governance Committee