Agenda item

Report of the Chamberlain.

The Committee considered the 2020-21 City’s Cash Financial Statements.

RESOLVED – that the Committee:

·         Considered the contents of the Audit Management Report issued by BDO LLP;

·         Considered the resolution from the Audit and Risk Management Committee and approved the 2020/21 City’s Cash Financial Statements, and the financial statements of each of the 10 consolidated charities, for the year ended 31 March 2021;

·         Delegated to the Chamberlain, in consultation with the Chairman and Deputy Chairman of Finance Committee, approval of any material changes to the statement of accounts required before the signing of the audit opinion by BDO – which is expected by mid-December for City’s Cash consolidated financial statements, and for the consolidated charities.

·         Approved delegated authority for the Chairman and Deputy Chairman of the Finance Committee to approve and sign the City’s Cash Financial Statements, and those of each of the 10 consolidated charities, on behalf of the Court of Common Council.