Statement of Accounts
Audit of Accounts
Delay in certification of completion of the audit of the accounts 2019/20
Grant Thornton UK LLP issued an unqualified opinion on the financial statements on 4 March 2021. On the same date they also issued an unqualified conclusion on the Council’s arrangements for securing economy, efficiency and effectiveness in its use of resources as required by the Local Audit and Accountability Act 2014 (the “Act”), the National Audit Office’s Code of Audit Practice and supporting guidance.
Grant Thornton UK LLP however have not issued their certificate of completion of the audit at this time because they cannot formally conclude the audit and issue an audit certificate until they have completed their consideration of an objection brought to our attention by a local authority elector under Section 27 of the Local Audit and Accountability Act 2014 in relation to Taunton Deane Borough Council’s 2018/19 Statement of Accounts.
Regulation 16(1) of The Accounts and Audit Regulations 2015 requires the Council to publish (which must include publication on its website) a statement:
- that the audit has been concluded
- that the statement of accounts has been published
- of the rights of inspection conferred in local government electors by section 25 of the Act and the address at which, and the hours during which, those rights may be exercised.
As the audit has not yet been concluded, the Council cannot yet issue this statement. The notice of conclusion of the audit will be added alongside the delayed certificate as soon as this is issued.
Statement of Accounts
Each year the Council publishes its Statement of Accounts. This document sets out the Council's income and expenditure for the year, together with the financial position of the Council at the year-end. This shows how public money has been spent.
Each year the Statement of Accounts is formally examined by external auditors.
Somerset West and Taunton Council was established on 1 April 2019 covering the area previously administered by Taunton Deane Borough Council and West Somerset Council, therefore the audited Statement of Accounts for 2019/20 are the first to be published for the new Council.
The Statement of Accounts for the former authorities can also be found below.