Agenda item

City's Cash Financial Statements 2014/15

Report of the Chamberlain.

Minutes:

The Committee considered a report of the Chamberlain seeking the agreement of the Audit and Risk Management Committee to recommend approval (by the Finance Committee) of the City’s Cash Financial Statements for 2014/15.  Members noted that the External Auditors had proposed an unqualified opinion.  A Member Development Session on the Financial Statements had been well attended and a suggestion in respect of the wording in the Annual Report had been adopted.

 

During the discussion, Members made some further suggestions, as follows:

 

  • The wording of Section 5 of the Annual Report regarding Governance Arrangements should be made clearer.

 

  • In addition to the disclosure note to the financial statements, the works being undertaken to the Hampstead Heath Ponds should be included in the Annual Report.

 

RESOLVED, that - the City’s Cash Financial Statements be recommended for approval (by the Finance Committee) for the year ended 31 March 2015.

 

 

Supporting documents: