Statement of Accounts
External audit of accounts year ended 31 Match 2020
Publication of Somerset West and Taunton Council Statement of Accounts and Audit Opinion
The Accounts and Audit (England) Regulations 2015 – Regulation 10, as Amended By the Accounts and Audit (Coronavirus) (Amendment) Regulations 2020
The Accounts and Audit (Coronavirus) (Amendment) Regulations 2020 require that the audited accounts and opinion is published by 30 November 2020. As at 30 November, the Council’s external auditor, Grant Thornton UK LLP, has not yet concluded the audit.
As with Authorities nationally the delay has arisen due to a combination of factors, including the increased assurance work that auditors are required to carry out nationally with respect to pensions and asset valuations, the impact of Covid-19 on both the complexity of the audit and pace at which it can be completed, the inherent complexity of the Council’s 2019/20 statement of accounts as the Council’s first year of operation.
The Council is continuing to work closely with the audit team as they complete their work. In line with the Accounts and Audit Regulations 2015, the Council has published a set of draft accounts. The Council will publish a final set of accounts as soon as the audit is concluded, and the Audit Report issued.
This notice of delayed audit is being published in accordance with Regulation 10, paragraph (2a) of the Accounts and Audit Regulations 2015.
Date: 30 November 2020
Mr P Fitzgerald
Assistant Director – Finance and S151 Officer
Somerset West and Taunton Council
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 unaudited 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.