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.
Delay to Public Inspection of Unaudited Statement of Accounts for the year ending March 2021
The Accounts and Audit (amendment) Regulations 2021 require Council to publish the unaudited Statement of Accounts for the financial year ending 31 March 2021 to be made available on or before 1 August 2021 for public inspection.
The Annual Statement of Accounts 2020/21 has been delayed due to a combination of factors, primarily driven by resource constraints because of covid and the support needed across the organisation from finance as the new Enterprise Resource Planning system has been rolled out.
This situation is allowed for by Regulation 15, paragraph (1A(a)) of the Accounts and Audit Regulations 2015, as amended by the Accounts and Audit (Amendment) Regulations 2021 No. 263.
The council is continuing to work to complete the Annual Accounts and will publish the dates of its public inspection period as soon as the unaudited Statement of Accounts 2020/21 are available.