Purpose

This report details the 2023/24 outturn
position and the summary outturn position for 2022/23 and provides
an update on the overall financial reporting and audit
position.

Decision

RESOLVED:
 
That the
Cabinet:
 
1.   
Approve the report outlining the current year end underspend of
£458,000 for 2023/24, and the detail set out in Appendix A
within the report, and the transfer of the surplus to
reserves;
 
2.   
Note that the Draft Statement of Accounts for 2023/24 had been
finalised and published on 30 May 2024 in line with the regulatory
requirements, with the External Audit due to commence shortly as
recently reported to Audit and Governance Committee.;
 
3.   
Note the final revenue position of 2022/23, which was an
underspend of £155,868 transferred to reserves, as set out in
Appendix B within the report;
 
4.   
Note that the 2022/23 Statement of Accounts had been audited and
signed off by the External Auditor, as reported to the Audit and
Governance Committee
 
5.   
Recommend that Full Council approve the reserves transactions
and balances for 2023/24, as set out in Table 4 of Appendix A
within the report;

 
6.   
Recommend that Full Council amend the Capital Programme for
2024/25, as shown in Table 5a to take into account the changes set
out in Appendix A within the report; and
 
7.   
Recommend that Full Council approve the reserve transactions and
balances for 2022/23, as set out in Table 3 of Appendix B within
the report.