95 Liverpool City Region Combined Authority Final Accounts 2018-19 PDF 114 KB
To consider the report of the Director of Corporate Services.
The LCR Combined Authority considered the report of the Director of Corporate Services which set out the results of the external auditors, Mazars, audit of the LCR Combined Authority’s annual accounts for 2018/19.
Members were advised that as a consequence of Mazars completing their audit in July 2019, they had identified a technical accounting issue relating to the treatment of cash between the LCR Combined Authority single entity accounts and Merseytravel. This accounting issue had been rectified and submitted to Mazars for consideration. Mazars had subsequently accepted the proposals and had issued an unqualified opinion without modification in repsect of the financial statements.
RESOLVED – That:-
(i) the external auditor’s Audit Completion Report on the annual Statement of Accounts of the LCR Combined Authority attached at Appendix One to the report be noted; and
(ii) the Annual Statement of Accounts of the LCR Combined Authority as attached at Appendix Two to the report be approved.