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Decision - Audited Statement of Accounts 2021-22

Brighton and Hove Audit & Standards Committee Decided 29 Nov 2022 approved GET /api/coverage
Decision maker
Audit & Standards Committee
Report author
Nigel Manvell
Published
2 Dec 2022
Reference
6781

As published

the council's own words, unedited

A report seeking approval of the council's annual Audited Statement of Accounts for the 2021/22 Financial Year.

That the Audit & Standards Committee: 1) Notes the results of the public inspection of the accounts (paragraph 5). 2) Approves the Letter of Representation on behalf of the council (Appendix 1). 3) Approves the audited Statement of Accounts 2021/22 (Appendix 3) for publication. 4) Delegates authority to the Chief Finance Officer for any final wording and/or immaterial adjustments to the accounts prior to publication.

Parsed from the document

gpt-5.6-luna-2026-07-09 · 1955/644 tokens · 6026ms · parsed 9 Sep 2026 11:52
Everything below was read out of a PDF by a model It is useful and it is not authoritative. The document it came from is linked in the rail, and where the two disagree the document is right.

The commentary explains the council’s financial position at 31 March 2022, including its assets, borrowing, investments, pension liability, provisions and reserves. Borrowing increased to £341 million, while the pension liability fell to £269 million and the Collection Fund had a £44 million deficit.

Financial impact
The council’s borrowing was £341 million at 31 March 2022, investments were £266 million, usable General Fund working balance and general reserves were £14.5 million, HRA working balance was £7.4 million, and the Collection Fund had a £44 million deficit.
Ward affected
city-wide

Stakeholders named

parsed
the councilratepayerscouncil taxpayerspensionersthe council’s Chief Finance Officer

Next steps

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  • Review usable reserves and provisions during the annual budget-setting and accounts-closure processes.
  • Report the reviews to members through the General Fund budget proposals and the TBM Provisional Outturn report.

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