Agenda and minutes

None.

RESOLVED:

That the minutes of the above meeting, having been circulated, be approved as a correct record.

None.

Report of the Assistant Director - Finance.

The Assistant Director Finance introduced a report, which had been circulated in advance of the meeting informing Members of the Chief Financial Officer’s assessment of the Council’s “Going Concern” status for the purpose of the Statement of Accounts 2019/20.

RESOLVED to:

Note the outcome of the assessment made by the Chief Financial Officer that Gedling Borough Council can continue to operate as a going concern for  a period of twelve months from the date of signing the audit opinion, and accordingly remains a going concern for the purpose of the 2019/20 Statement of Accounts.

Report of the Assistant Director – Finance.

The Assistant Director Finance introduced a report, which had been circulated in advance of the meeting, informing Members of the key findings arising from Mazars’ (the Council’s external auditor) audit work in respect of 2019/20.

Anita Pipes from Mazars gave some further information about the findings in the report.

RESOLVED:

To note the Mazars external audit report for 2019/20.

Report of the Assistant Director - Finance.

The Assistant Director Finance introduced a report, which had been circulated in advance of the meeting, seeking approval of the Council’s Annual Governance Statement for 2019/20 and the Statement of Accounts for 2019/20.

RESOLVED:

1)     To approve the Annual Governance Statement for 2019/20 at Appendix 1 to the report;

2)     That subject to approval of the Annual Governance Statement approve the Statement of Accounts for 2019/20, at Appendix 2 to the report, with the inclusion of the additional wording set out at paragraph 3.3.4 of the report if such addition is necessary;

3)     To note the Narrative Statement on pages 3 to 16 of the Statement of Accounts for 2019/20; and

4)     To agree the Letter of Representation at Appendix 3 the report.

Report of the Internal Audit Assistant Manager (BDO).

Gurpreet Dulay (BDO) introduced a report summarising the outcome of internal audit activity completed by the BDO Internal Audit Team for the period June 2020 to November 2020.

RESOLVED:

To note the report and actions taken or to be taken.

Report of the Internal Audit Assistant Manager (BDO).

Kate Ball (BDO) introduced a report, which had been circulated in advance of the meeting, detailing the outcome of the follow up process completed by the BDO Internal Audit Team for the period April 2020 to November 2020.

RESOLVED:

To note the report and actions taken or to be taken.

Report of the Assistant Director – Finance.

The Assistant Director Finance introduced a report updating Members on recommendations arising from the Independent Review into the Oversight of Local Audit and the Transparency of Local Authority Financial Reporting (the Redmond

Review).

RESOLVED:

To note the report.

Report of the Assistant Director - Finance.

The Assistant Director Finance introduced a report to update members on the current level of assurance that can be provided against each corporate risk.

RESOLVED:

To note the progress of actions identified within the Corporate Risk Register.

Nothing was raised under this item.