Statutory Notice under Regulation 10(2) of the Accounts and Audit Regulations 2015 in respect of the Fire Authority’s Statement of Accounts 2017/18

Under the Accounts and Audit Regulations 2015 the Fire Authority is required to publish its audited statement of accounts together with any certificate or opinion from the auditor by 31 July each year.

During both the audit and the public inspection of the accounts period issues around the valuation of the Fire Authority’s fleet assets have been raised. After careful consideration of these issues the Fire Authority has concluded that it would be appropriate to change the accounting policy in relation to the valuation of its fleet assets to the historical depreciated cost method in line with many other Fire and Rescue Authorities.

This change of accounting policy has resulted in changes being required to the draft Statement of Accounts for 2017/18 and the accounts for 2016/17 having to be restated.

The revised Statement of Accounts for 2017/18 were not available in time to be considered by the Audit, Governance and Ethics Committee at its meeting on 27 July 2018. As a consequence this meeting has been adjourned until the 9 August 2018.

For the reasons set out above the Fire Authority has been unable to publish its Statement of Accounts in accordance with the statutory deadline.

The Statement of Accounts for 2017/18 will be published together with any certificate or opinion from the auditor as soon as reasonably practicable after the Committee has approved the accounts and the audit opinion has been received.