Statement of accounts

The Accounts and Audit (Amendment) Regulations 2024 came into effect on 30th September 2024 and have been designed by the Government to address a major backlog in audit completions. The vast majority of councils nationally, including Colchester City Council, have been significantly affected by the backlog.

The Regulations include a series of statutory deadlines aimed at progressively addressing the audit backlog over time, with “disclaimed” audit opinions required (if necessary) to be issued where insufficient time exists for external auditors to gather sufficient audit assurance in time to meet the deadlines.

Draft statement of accounts publication delay

Colchester City Council 2024/2025

Under the Accounts and Audit Regulations 2015 (as amended), local authorities are required to publish their unaudited (draft) statement of accounts for the financial year ending 31 March 2025 by 30 June 2025.

Colchester City Council will not meet this deadline due to ongoing internal review and the requirement for approval by the Governance and Audit Committee.

The draft statement of sccounts is scheduled to be published by 31 July 2025, following formal consideration and approval.

We apologise for any inconvenience this delay may cause and appreciate your understanding.

For more information contact:

Anna D'Alessandro FCPA & CPFA
Interim Chief Finance Officer (Section 151 Officer)

Page last reviewed: 27 June 2025

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