Agenda item
Financial Statements 2017/18
To receive the Financial Statements 2017/18.
Minutes:
Jonathan Ross, the Senior Specialist –Finance took the Committee through the Financial Statements 2017/18.
During the discussion of this item the following points were made:
· The draft financial statements for 2017/18 had been issued by the Chief Financial Officer on 31 May 2018 and had previously been circulated to the Audit Committee. With the external auditors’ work continuing, changes had been made which had been highlighted to the Members. Further changes to the draft statements were likely until the end of the audit.
· The Financial Statements were consistent with the Outturn Report produced in May.
· Members were informed that the General Fund position remained unchanged.
· The Committee agreed that the Chairman would sign the accounts once they had been fully finalised. The Deputy S151 Officer would make any further necessary amendments that might arise prior to this and inform Members of the Committee of any changes.
RESOLVED: That the Financial Statement 2017/18 and letter of representation be approved subject to authority being given the Deputy S151 Officer to make any further necessary amendments in consultation with members of the Audit Committee.
Supporting documents:
- Financial Statements 201718, item 25. PDF 83 KB
- 0 Cover Contents, item 25. PDF 80 KB
- 1 Narrative Report, item 25. PDF 176 KB
- 2 Annual Governance Statement, item 25. PDF 119 KB
- 3 Statement of Responsibilites, item 25. PDF 90 KB
- 4 Audit Opinion, item 25. PDF 65 KB
- 5 Financial Statements, item 25. PDF 111 KB
- 6 Notes to the Accounts, item 25. PDF 473 KB
- 7 Housing Revenue Account, item 25. PDF 100 KB
- 8 Notes to the Housing Revenue Account, item 25. PDF 99 KB
- 9 Collection Fund, item 25. PDF 84 KB
- 10 Notes to the Collection Fund, item 25. PDF 94 KB
- 11 Statement of Accounting Policies, item 25. PDF 207 KB
- 12 Glossary of Terms, item 25. PDF 129 KB