Agenda item

Report of the Managing Director

The Managing Director submitted a report (previously circulated) providing Members with information on the outcomes of the external audit by Ernst and Young LLP (EY), of the Council’s accounts for the year ended 31 March 2019.

It was reported that, in accordance with statutory requirements, EY had audited the accounts and a copy of the report which outlined the results of their findings from the audit were outlined in the plan presented to this Committee in March 2019.

Nicola Wright from EY advised Members that the audit work on the accounts had been completed and that an unqualified opinion on the Council’s 2018/19 accounts would be issued; concluded that the Council had put in place proper arrangements to secure value for money in its use of resources; and confirmed that the Council’s Annual Governance Statement was not misleading or inconsistent with other information know to them.

RESOLVED - (a)  That the Auditors ISA 260 report on the Council’s 2018/19 financial statements be noted.

(b)  That the IFRS compliant Statement of Accounts for the 2018/19 financial year be approved.