Statement of Accounts
Bromsgrove District Council's financial year runs from April to March and following the end of each financial year it publishes an annual statement of accounts. The accounts are one of the means by which the Council demonstrates its stewardship of public money and they present the financial position of the Council as at 31 March each year. They are produced in the format stipulated by the Chartered Institute of Public Finance and Accountancy (CIPFA) in accordance with best accounting practice.
Notice of delayed Opinion 2019-20:
Bromsgrove District Council
EXTERNAL AUDIT OF ACCOUNTS: YEAR ENDED 31 MARCH 2020
Publication of Bromsgrove District Council Statement of Accounts and Audit Opinion
The Accounts and Audit (England) Regulations 2015 – Regulation 10
As Amended By
The Accounts and Audit (Coronavirus) (Amendment) Regulations 2020
The audit of the draft statement of accounts for the year ended 31 March 2020 for Bromsgrove District Council has not yet been completed by the external auditors, Grant Thornton UK LLP. The Accounts and Audit (Coronavirus) (Amendment) Regulations 2020 require that the audited accounts and opinion is published by 30 November 2020.
The delay has arisen due to a combination of factors, comprising the following:
- the impact of Covid-19 on both the complexity of the audit and pace at which it can be completed;
- the increased assurance work that auditors are required to carry out nationally with respect to pensions and asset valuations.
The audit and issue of the audit opinion is expected to conclude during January 2021 after which the statement of accounts and audit opinion will be published as soon as is reasonably practicable.
Therefore, this notice of delayed audit is being published in accordance with Regulation 10, paragraph (2a) of the Accounts and Audit Regulations 2015. This can be found here
Bromsgrove District Council Audit, Standards and Governance Committee, 24th November 2020, was formally advised of this matter and subject to the delegations agreed at this Committee the final audited accounts will be published as soon as the audit is concluded.
Statements of Accounts 2019-20
Bromsgrove Council’s statement of accounts has not been produced and made available for public inspection in line with the timescale set out in The Accounts and Audit (Coronavirus) (Amendment) Regulations 2020. This is due to the impact of Covid making the completion of the statements much more difficult than would usually be the case.
The council will endeavour to have the audit of the accounts completed and published by the 30 November 2020 as per the regulations.