Annual report and accounts

Annual report and accounts

Publication of the Final Audited Accounts 2023/24

Our auditors Ernst & Young LLP have conducted a full and detailed examination of the draft accounts and have reported to the Council's Audit and Standards Committee and Constitutional Committee their opinion on the accounts.

Constitutional Committee have approved the final accounts and they plus the auditor's opinion are published on this page.

Ernst & Young LLP will also issue a final certificate of the completion of the audit separately which will also be published here when available, together with a public notice explaining the rights of local electors to inspect the accounts and audit opinion/certificate.

The Financial Statements and accompanying documents for 2023/24 financial year are set out below:

This contains the 'Narrative Report' which provides a brief guide to the Statement of Accounts and an analysis of the development and performance of the council both within the financial year and its position at the year-end.

The 'Statement of Accounts' contains the core financial statements an explanatory notes to the accounts which when combined provide the statutory accounts.

And the 'Annual Governance Statement', a statutory document outlining the Council's governance and internal control arrangements, highlighting any areas for improvement.

Audit of Accounts - Notice of Public Rights

Local Audit and Accountability Act 2014, Accounts and Audit Regulations 2015 (as amended 2022) and the Local Audit (Public Access to Documents) Act 2017.

In line with the above legislation, notice is given of the commencement of the period for the exercise of public rights to inspect the draft Statement of Accounts and supporting documents for 2023/24.

Notice is given that from 3 June to 12 July 2024 between 9.30 a.m. and 4.30 p.m. Monday to Friday, any person interested may on reasonable notice inspect and make copies of the accounts of Newcastle City Council for the year ended 31 March 2024. A copy of the full statutory notice is provided.

Files may not be suitable for users of assistive technology. Please email Service Manager - Financial Accounting, anthony.francis@newcastle.gov.uk if you need an accessible version.

Past Annual Reports

2022-23

2021-22

2020-21

2019-20

2018-19

2017-18

2016-17

2015-16 

2014-15

2013-14

2012-13

Notice of appointment of a Local Auditor to Newcastle City Council from 2019/20

Under Section 8(2) of the Local Audit and Accountability Act 2014, this Authority must publish a notice relating to the appointment of its Local Auditor.

On 21 July 2017 Newcastle City Council made an appointment of a Local Auditor, as part of a collaborative procurement with North Tyneside Council and Northumberland County Council. The Local Auditor appointed is Ernst and Young, and the period of their appointment is from 1 April 2018 until 31 March 2023.

The independent Auditor Panel convened to advise Newcastle City Council on the selection and appointment of Local Auditor recommended the appointment of Ernst and Young for this period. The report of the independent Auditor Panel was considered at a meeting of full council on 28 June 2017 and is attached below.

Council's decision at that meeting was to follow the advice of the independent Auditor Panel,  and to endorse the Auditor Panel's recommendation that Ernst and Young be appointed as Local Auditor for the period 1 April 2018 to 31 March 2023.

For the period 2023-24 to 2027-28, Ernst and Young were appointed as Local Auditor through the Public Sector Audit Appointment (PSAA).

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