Issue - meetings

(i)       to approve the Council’s audited Annual Accounts for the financial year 2020/21 as presented, subject to the final amendments being agreed with external auditors as highlighted in their report, following consultation with the Chief Executive and five political group leaders;

(ii)       to approve the audited Annual Accounts 2020/21, as stated at paragraph 2.1, for those registered charities where the Council is the sole trustee and agree that the Convener of the City Growth and Resources Committee sign the accounts on behalf of the Trustees; and

(iii)      to congratulate staff on the preparation and presentation of the annual accounts which was done in a timeous and professional manner.

The Committee had before it a report by the Director of Resources which provided an overview of the Council’s 2020/21 audited Annual Accounts and  the registered charities where the Council was the sole trustee and is subject to statutory requirements for separate accounts and audit opinions.

The report recommended:-

That the Committee –

(a)      approve the Council’s audited Annual Accounts for the financial year 2020/21 as presented, subject to the final amendments being agreed with external auditors as highlighted in their report, following consultation with the Chief Executive and five political group leaders; and

(b)      approve the audited Annual Accounts 2020/21, as stated at paragraph 2.1, for those registered charities where the Council is the sole trustee and nominate a trustee to sign the accounts.

In response to a question relating to the separation of risk from Brexit and Covid-19, the Chief Officer – Finance advised that the risk was based on the views from the Economic Panel and Moody’s and that they had not provided these as separate risks to be able to separate them.

The Committee resolved:-

(i)       to agree that the Convener of the City Growth and Resources Committee sign the registered charities accounts on behalf of the Trustees;

(ii)       to congratulate staff on the preparation and presentation of the annual accounts which was done in a timeous and professional manner; and

(iii)      to otherwise approve the recommendations contained within the report.