Agenda

Members will be asked to declare any interests they have in the business to be discussed.

The Director of Finance submits a report to the Governance and Audit Committee which presents the report by Grant Thornton on the Council’s transactions to Haymarket Consortium Limited.

The Committee is recommended to note the report and provide any comments to the External Auditors or Monitoring Officer.

The Director of Finance submits a report to the Governance and Audit Committee which presents the Statutory Statement of Accounts and Annual Governance Statement for 2022-2023.

The Governance & Audit Committee is recommended to:

·         Note the auditor’s ISA 260 Report (the Audit Findings Report) to those charged with Governance and the recommendations contained within it, attached at Appendix 1.

·         Approve the Statement of Accounts 2022/23, Appendix 2

·         Approve the Annual Governance Statement 2022/23, Appendix 2.

·         Approve the Letter of Representation submitted by the Director of Finance (S151), attached at Appendix 3.

·         Delegate authority to approve any minor amendments to the Annual Accounts and the Annual Governance Statement to the Director of Finance, subject to a report to the Committee at the next meeting.

The Director of Finance submits a report to the Governance and Audit Committee which presents the Value for Money report for 2022-2023.

The Committee is recommended to note the Finance Update report attached at appendix B, to those charged with Governance and pass any comments to the External Auditor.

The Director of Finance submits a report to the Governance and Audit Committee informing of updates including the improvements on accounts at Leicester City Council.

The Governance & Audit Committee is recommended to note the report.

MEMBERS OF THE PUBLIC TO NOTE

Under the law, the Committee is entitled to consider certain items in private where in the circumstances the public interest in maintaining the matter exempt from publication outweighs the public interest in disclosing the information. Members of the public will be asked to leave the meeting when such items are discussed.

The Committee is recommended to consider the following reports in private on the grounds that they contain ‘exempt’ information as defined by the Local Government (Access to Information) Act 1985, as amended, and consequently that the Sub-Committee makes the following resolution:-

“that the press and public be excluded during consideration of the following reports in accordance with the provisions of Section 100A(4) of the Local Government Act 1972, as amended, because they involve the likely disclosure of 'exempt' information, as defined in the Paragraphs detailed below of Part 1 of Schedule 12A of the Act, and taking all the circumstances into account, it is considered that the public interest in maintaining the information as exempt outweighs the public interest in disclosing the information.”

Paragraph 3

Information relating to the financial or business affairs of any particular person

(including the authority).

·       Future Provision of the Internal Audit Service

The purpose of this report is to update the Committee with the progress being made to engage a new internal audit service provider.

It is recommended that the Committee notes the report and make any comments to the Director of Finance.