Decision Maker: Governance, Audit and Standards Committee
Decision status: For Determination
Is Key decision?: No
To provide Members with any updates made to
the Council’s accounting policies in relation to the
production of the 2024/25 financial statements.
The Committee noted the Council’s accounting policies in relation to the production of the 2024/25 Statement of Accounts.
Prior to the completion of the Statement of Accounts 2024/25, it is considered good practice that Members are given the opportunity to discuss and comment on the accounting policies to be used in the production of the financial statements. These policies would be applied to the treatment of all transactions that make up the Statement of Accounts to ensure the accounts present a true and fair view of the financial position of the Council as at 31 March 2025.
RESOLVED that the Accounting Policies for 2024/25 be approved.
Report author: Martin Paine
Publication date: 10/04/2025
Date of decision: 17/03/2025
Decided at meeting: 17/03/2025 - Governance, Audit and Standards Committee
Accompanying Documents: