Under regulation 10(2)(a) of the Accounts and Audit Regulations 2015, Derby City Council gives notice that it has been unable to publish the 2015/16 Statement of Accounts by 30 September 2016.
The Council’s auditors Ernst & Young, have not completed their annual audit. This is primarily due to further work required to confirm asset valuations for the purpose of the accounts.
We continue to work with our external auditors to resolve this situation.
This provides information on the Council's income and spending during the financial year and its balances at the end of the financial year.
The documents that make up the Statements are complex and we have to prepare them in line with the accounting rules that apply to all councils.
The principles we use to prepare each Statement of Accounts are set out in the Statement of Accounting Policies within the document.
A glossary at the end of the document explains key financial terms.
The Statements are audited by the Council's external auditors Ernst and Young LLP. Its opinion certificate is included in the document.
We provide a summary of the Statement of Accounts to provide a more user-friendly format, and a much briefer and uncomplicated picture of the main features of the Council's financial position.
Audit Reports provide information about the statutory audit of the accounts by the Council's external auditors.
The Council's draft accounts are available for inspection each year, normally in August. The Council's external auditors Grant Thornton UK LLP are also available to answer questions about the accounts during this period.
We announce further details and specific dates through the local press and this website.
Corporate Finance Department
Derby City Council
The Council House