Issue - meetings

The Service Manager (Strategic Finance) introduced the report which presented the accounting policies to be used in the production of the 2024/25 Statement of Accounts. She said that agreement of these policies would help the authority to fulfil its statutory duty to prepare accounts in line with current legislation, codes of practice and standards.

The Service Manager (Strategic Finance) said that there had been no significant changes to the previously used standards, other than some small presentational changes. 

The Chair thanked the Service Manager (Strategic Finance) for her report.

Councillor Williamson said that the policies were mostly unchanged and was happy to accept them.

It was moved by Councillor Nicholls and seconded by Councillor Hart, that the recommendations, as detailed, be approved. After being put to the meeting and a vote taken, this motion was declared CARRIED.

RESOLVED – that the accounting policies, as set out in Appendix A, be approved for use in the 2024/25 Statement of Accounts.