Draft Final Accounts 2023/24 and use of Reserves and Balances

July 23, 2024 The Executive (Other) Approved View on council website

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Summary

... to note the draft unaudited financial statements for 2023/24, the Council's general balances, earmarked reserves (including approving new ones and transferring some back to general balances), and school and HRA reserves.

Full council record
Content

It was resolved

 

·     
To note the draft unaudited financial statements for the
financial year 2023/24. (The full Draft Statement of Accounts
2023/24 is published on

IOACC-Draft-SOA-Redacted.pdf (gov.wales)).

·     
To note the position of the Council’s general balances of
£15.604m.

·     
To note the balance of Earmarked Reserves of £16.778m and
approve the creation of £1.553m of new earmarked
reserves.

·     
To formally approve the transfer of £2.002m of earmarked
reserves back to the Council’s General Balances.

·     
To note the balance of the school reserves of
£5.577m.

·     
To note the balance of the HRA reserve of £8.189m.

 

Supporting Documents

IOACC-Draft-SOA-Redacted.pdf

Details

OutcomeRecommendations Approved
Decision date23 Jul 2024