NEWS

Annual inspection period begins as unaudited 2023-24 city council accounts published

Special information access rights enabling residents to examine records apply until 12 July as two preceding years’ accounts still not signed off and auditor’s inquiry into council governance and financial and performance management continues.

Martin Redfern

Exeter City Council has published its unaudited accounts for the 2023-24 financial year, marking the beginning of a six-week period during which local residents, journalists and other interested persons have special access rights to information related to the figures they contain.

During this period the Local Audit and Accountability Act 2014, Accounts and Audit Regulations 2015 and the Local Audit (Access to Documents) Act 2017 confer the right to examine and copy records related to the transactions recorded in the accounts.

Until 12 July the council must grant access to bills, invoices, receipts, deeds, property transactions, books and contracts related to the 2023-24 statement of accounts, with some exceptions related to commercially confidential or personally identifying information.

Local electors possess the additional right to ask the council and its external auditor questions about the accounts, to raise objections about the accounts with the auditor and to request investigation of specific matters of concern during this period each year.

The National Audit Office publishes a guide to these rights.

The 2023-24 accounts and related documents are available for inspection at the council’s Paris Street offices from 9am-2pm Monday to Friday and can also be requested electronically.

More details are provided by the city council’s Notice of Public Rights at Audit. Previous years’ accounts are also available on its website.

Exeter City Council 2023-24 unaudited statement of accounts cover image

Both the city council’s 2021-22 accounts and its 2022-23 accounts are yet to be signed off by the external auditor.

A recent interim auditor’s report covering both financial years found that the number of “significant weaknesses” in the council’s arrangements to secure economy, efficiency and effectiveness in its use of resources, known as “value for money” arrangements, had increased.

The auditor also said that the council’s value for money arrangements had not improved in relation to what it describes as the council’s “alternative delivery models” and that its performance management needs to “significantly improve”.

Subscribe to The Exeter Digest - Exeter Observer's essential free email newsletter

Your personal information will be processed and stored in accordance with our Privacy Policy

The auditor’s inquiry into the council’s governance and financial and performance management arrangements has been broadened to investigate Exeter City Futures and several subsidiary companies, following the failure of Exeter City Living.

Among these are Exeter Canal and Quay Trust, to which the council leases much of the property beside the quay and canal at nil rent, and Exeter Science Park, in which Devon County Council, East Devon District Council and the University of Exeter are also shareholders.

At an Extraordinary General Meeting held last week the city council converted a £1.25 million debt it is owed by Exeter Science Park into shares in the company after the council’s finance director confirmed the company would be unable to repay the loan when it becomes due in January next year.


Democracy doesn't work when people don't know who is deciding what on whose behalf and what the costs and consequences of those decisions will be.

Exeter Observer is proving that reader-funded media can deliver the independent public interest journalism our local democracy needs.

Upgrade to a paid Exeter Observer subscription from £8.50/month to support our work and get access to exclusive premium content and more.

More stories
Frasers Group Paris Street and Sidwell Street leaseholds after Princesshay sale

Council aims at Frasers Group Citypoint partnership after retail leaseholds sold as part of Princesshay deal

Mike Ashley-owned sports goods and retail group became Paris Street and Sidwell Street landlord in October, prompting council to rethink options for former bus station and revisit comprehensive redevelopment of wider site stalled since 2017.

Grace Road Fields development illustrative aerial view

Council consults on Riverside Valley Park land sale without admitting heat plant proposals contravene local plan policy

4.5 acre Grace Road Fields plot “most suitable” for development despite Belle Isle Depot brownfield site location beside river on heat network distribution route.

, updated

King George V playing fields proposed-layout aerial view

Exeter City Community Trust survey misses mark on King George V playing fields development plans

Council promised “wide-ranging, fully open public consultation” on future of 40 acre public open space when decision made to transfer land to trust, while outcome of statutory consultation on disposal remains unpublished.

Devon MPs voting record assisted dying bill second reading map

How did Devon MPs vote on the assisted dying bill second reading?

Ten of Devon’s thirteen MPs voted in favour of a private member’s bill to legalise assisted dying in the House of Commons on Friday as the bill reached its crucial second reading stage.

Exeter neighbourhood relative deprivation indices 2019 map

Exeter real-terms wages fall while increasing in neighbouring districts

Devon Public Health Intelligence index also scores several Exeter neighbourhoods among highest combined relative poverty risk areas in county.

On Our Radar
Children cycling with Santa Claus

SATURDAY 14 DECEMBER 2024

Kidical Mass Christmas ride

Kidical Mass Exeter holds its ninth family bike ride as part of an ongoing campaign for safe cycling routes for children, young people and families.

BELMONT PARK

Winterwood trees graphic

SATURDAY 14 DECEMBER 2024 TO SUNDAY 5 JANUARY 2025

Winterwood

A family-friendly, interactive production set in a festive forest by Theatre Alibi, Angel Exit Theatre and Above Bounds.

EMMANUEL HALL

Dayzee and the World of Tomorrow graphic

SUNDAY 15 TO SATURDAY 28 DECEMBER 2024

Dayzee and the World of Tomorrow

Quirk Theatre presents a festive family-friendly adventure about a magical future.

EXETER PHOENIX