The external auditors, Grant Thornton UK LLP, have been unable to complete the audit in time for the 2019/20 accounts to be approved and published by the statutory deadline of 30th November. The audited accounts and draft audit opinion are due to be presented to the Council's Audit Committee on 29 January 2021. It is anticipated that the final audit opinion will be issued soon after and the audited and approved accounts will then be published on this page.
The auditors will also issue a final certificate of completion of the audit and when available this will be published here.
Nottingham City Council is required by statute to prepare Statement of Accounts in accordance with proper practices as set out in the CIPFA/LASAAC Code of Practice on Local Authority Accounting in the United Kingdom.
The Statement of Accounts features four main statements reporting on Nottingham City Council's core activities -
Comprehensive Income and Expenditure Statement; Balance Sheet; Movement in Reserves Statement; Cash Flow Statement.