Decision details

The Director of Resources and Deputy Chief Executive submitted a report informing committee of the statutory requirement to closedown the Council’s accounts by 31 May 2024 and to publish them including any certificate, opinion or report issued by the auditor, by 30 September 2024.

A detailed timetable was annexed to the Report setting out the required actions, with the persons responsible for each task.

Members were reminded that it was imperative that the accounts for the current year were closed as soon as reasonably practicable in order to inform the budget setting process for future years. This allowed the Council to be able to consider its reserves and balances and areas of over/under spending with greater certainty.

Members were informed that the Council planned to present the audited statement of accounts for approval at the proposed meeting of this Committee on Wednesday 25 September 2024 (subject to approval of the proposed Committee meeting timetable), and that it was important that all Members endeavour to attend the meeting in order to ensure that it was quorate.

RESOLVED THAT COMMITTEE:

Endorse the suggested approach for the closure of the 2023/24 accounts.