Issue - meetings

To provide Members with any updates made to the Council’s accounting policies in relation to the production of the 2024/25 Statement of Accounts.

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.