Agenda item

The Committee considered a report of the Corporate Director of Resources which presented the audited Pension Fund Accounts for the year ended 31 March 2020 which had been approved in accordance with the statutory deadlines and the Council’s Constitution (for copy see file of minutes).

The Finance Manager presented the report and highlighted the key financial information. She explained that due to COVID-19, statutory deadlines for approval and publication of the accounts were extended to the 31 August 2020 for the draft accounts and the 30 November 2020 for the final set of accounts.

The external auditors made a small number of minor amendments as set out in the Audit Completion report presented at item 8 on the agenda.

The Finance Manager was pleased to report that the accounts received a clean bill of health from the external auditors, Mazars who provided an unqualified opinion on the Pension Fund accounts for 2019/20 and that all the deadlines relating to this year's accounts and the Pension Fund Annual Report have been met.

Resolved:

That the contents of the Pension Fund’s financial statements for the financial year ended 31 March 2020 at Appendix 1 of the report be noted.