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Council budgets and spending

TheĀ  Councils 2022/23 Budget and Medium Term Financial Plan for 2022/23 to 2024/25 can be viewed here

Statement of Accounts

Redditch Borough Council's financial year runs from April to March and following the end of each financial year it publishes an annual statement of accounts. The accounts are one of the means by which the Council demonstrates its stewardship of public money and they present the financial position of the Council as at 31 March each year. They are produced in the format stipulated by the Chartered Institute of Public Finance and Accountancy (CIPFA) in accordance with best accounting practice.

Draft statement of accounts 2020/21 and 2021/22

Delay to Public Inspection of Unaudited Statement of Accounts for the year ending March 2021 and March 2022

The Accounts and Audit (Amendment) Regulations 2021 require Council to publish the unaudited Statement of Accounts for the financial year ending 31 March 2021 and 31 March 2022 to be made available on or before 1 August of the financial year immediately following the end of the financial year to which the statement relates for public inspection.

The Annual Statement of Accounts 2020/21 and 2021/22 have been delayed due to a combination of factors, primarily driven by resource constraints and the new Enterprise Resource Planning system roll out.

This situation is allowed for by Regulation 15, paragraph (1A(a)) of the Accounts and Audit Regulations 2015, as amended by the Accounts and Audit (Amendment) Regulations 2022 No. 708.

The Accounts and Audit (Amendment) Regulations 2022 (legislation.gov.uk.

The Council is continuing to work to complete the Annual Accounts and will publish the dates of its public inspection period as soon as the unaudited Statement of Accounts 2020/21 and 2021/22 are available.

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