Issue - meetings

Members received a report from Grant Thornton which presented the final audit findings report and a copy of the final accounts for the Warwickshire Pension Fund.

Chris Norton, Head of Investments, Audit and Risk, introduced the report and highlighted that the pension fund accounts formed a component of the Council’s overall accounts and a copy of the final accounts had been included for completeness.  The overall audit opinion had been unqualified with no major issues brought to attention.  It was noted that there was a typographical error in paragraph 1.1 which should have read December 2023 not 2024.

The Chair expressed his gratitude to Chris Norton and his team, recognising the level of work they had undertaken amidst great pressure.

Harkamal Vaid echoed officer comments, assuring that there were no material changes other than presentational ones. 

Following a question from Councillor Shenton, Harkamal Vaid advised that the wording in the conclusion on page 109 should state ‘completed audit’ and would be amended.

Resolved

That the Audit and Standards Committee notes the Audit Findings Report for 2022/23 Pension Fund Accounts attached at Appendix 1.