Issue - meetings
Annual Statement of Accounts & Report 2019/20
Meeting: 29/10/2020 - Audit and Governance Committee (Item 63)
63 Annual Statement of Accounts & Report 2019/20 
PDF 221 KB
(Report of the Executive Director, Finance)
Additional documents:
Minutes:
The Executive Director Finance presented the annual statement of accounts and report to the Committee. He highlighted that there had been one late adjustment since the report had been issued, relating to the treatment of £1.1m of the Section 31 Business Rate Relief Grant. He requested that the recommendation to approve the annual statement of accounts 2019/20 include a corresponding adjustment of £1.1m on the balance sheet from debtors to creditors with no effect on the bottom line. Following this, assurances were sought from the Committee on the effect of the Pandemic on investment property valuations.
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RESOLVED |
That Members; |
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1 |
Approved the Annual Statement of Accounts 2019/20 including a corresponding adjustment of £1.1m on the balance sheet relating to Section 31 Business Rate Relief Grant from debtors to creditors, with no effect on the bottom line;
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2 |
Delegated authority to the Chair of the Audit and Governance Committee to approve any changes and re-sign the accounts, if necessary, once we have received assurance from Staffordshire County Council’s external auditors in relation to the Staffordshire Pension Fund.
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(Moved by Councillor M Summers and seconded by Councillor J Faulkner)
