Issue - meetings

2021/22 Final Audit Results Report

Report of Assistant Director of Finance.

Purpose of report

To ask the Committee to note the final audit results and annual report of the council’s external auditors in relation to the 2021/22 statement of accounts. To also note the final Letter of Representation and the final 2020/21 Statement of Accounts.

Recommendations

The meeting is recommended:

1.1 Note the final 2021/22 Audit Results Report (Appendix 1).

1.2 Note the final 2021/22 Annual Audit Report of the External Auditor (Appendix 2)

1.3 Note the final Letter of Representation (Appendix 3)

1.4 Note the final Statement of Accounts for 2021/22 (Appendix 4)

Additional documents:

Decision:

Resolved

(1) That the final 2021/22 Audit Results Report be noted.

(2) That the final 2021/22 Annual Audit Report of the External Auditor be noted.

(3) That the final Letter of Representation be noted.

(4) That the final Statement of Accounts for 2021/22 be noted.

Minutes:

The Assistant Director Finance submitted a report to ask the Committee to note the final audit results and annual report of the council’s external auditors in relation to the 2021/22 statement of accounts. The report also asked the Committee to note the final Letter of Representation and the final 2020/21 Statement of Accounts.

In introducing the report, the Portfolio Holder for Finance thanked the Finance Team for achieving great progress with the External Auditor.

In response to a question regarding the classification of Castle Quay, the Assistant Director Finance explained that the External Auditor had been provided with the paperwork at the time of purchase. The External Auditor had acknowledged that Castle Quay was in the wrong category, and it had been restated in previous years’ accounts to provide a like-for-like comparison.