The council produces an annual Statement of Accounts each year, as required by the Accounts and Audit Regulations 2015, following proper accounting practices. These accounts are externally audited, and have been published in draft form prior to the completion of the external audit.
This audit has not been completed this year by Grant Thornton due to a combination of staff turnover in the council slowing progress, and new requirements around accounting standards that have not been an issue in previous years. This will delay publication of the Statement of Accounts.
Regulation 10 of the Accounts and Audit Regulations 2015, as amended by The Accounts and Audit (Amendment) Regulations 2024 requires the council to publish a notice to this effect.
The final Statement of Accounts will be published as soon as reasonably practicable following receipt of the auditor’s final report on the statement of Accounts.