Item:6.6

Report to: / CCG Board
Date of Meeting: / 22 May 2015
Subject: / Audited Annual Accounts 2014/15
Presented by: / Chief Finance Officer
Author: / Head of Finance
STATUS OF THE REPORT:
/
To approve
/ To endorse
To ratify
/ To discuss
To consider
To note / For information
PURPOSE OF REPORT:
The purpose of this report is to present the Audited Annual Accounts 2014/15 to the Board for adoption.
RECOMMENDATION:
It is recommended that the Board approve and adopt the Audited Annual Accounts.
REPORT EXEMPT FROM PUBLIC DISCLOSURE /
No /
Yes
If yes, grounds for exemption
(FOIA or DPA section reference)
CCG STRATEGIC
OBJECTIVE / Achievement of CCG balanced scorecard domains and strategic
performance objectives / ASSURANCEFRAMEWORK
SPECIFIC OBJECTIVE / The CCG has robust governance arrangements
The annual accounts is a statutory document that records the financial position of the CCG and achievement against some of its statutory duties. / The annual accounts demonstrate that the CCG is fulfilling its statutory duties in relation to finance.
IMPLICATIONS: (summary of key implications, including risks, associated with the paper),
Finance / There are no adverse finance implications.
HR / There are no adverse HR implications.
Quality / There are no adverse quality issues.
Safety / There are no adverse safety implications.
ENGAGEMENT:
This report has been submitted to the Integrated Audit and Governance Committee.
LEGAL ISSUES:
It is a statutory requirement that NHS bodies produce and publishaudited annual accounts.
EQUALITY AND DIVERSITY ISSUES: (summary of impact, if any, of CCG’s duty to promote equality and diversity based on Equality Impact Analysis (EIA). All reports relating to new services, changes to existing services or CCG strategies / policies must have a valid EIAand will not be received by the Committee if this is not appended to the report)
Tick relevant box
An Equality Impact Analysis/Assessment is not required for this report. / 
An Equality Impact Analysis/Assessment has been completed and approved by the lead Director for Equality and Diversity. As a result of performing the analysis/assessment there are no actions arising from the analysis/assessment.
An Equality Impact Analysis/Assessment has been completed and there are actions arising from the analysis/assessment and these are included in section xx in the enclosed report.
THE NHS CONSTITUTION:
The proposals support delivery of Principle 3 of the NHS Constitution: The NHS aspires to the highest standards of excellence and professionalism.

AUDITED ANNUAL REPORT AND ACCOUNTS 2014/15

1.INTRODUCTION

The purpose of this report is to present the audited annual accounts for 2014/15.

2.BACKGROUND

It is a statutory requirement that the CCG produces annual accounts that are independently audited.Draft accounts were presented to both the IAGC and the Board in April. Since then KPMGs external audit team have undertaken their audit work .This has resulted in a number of minor amendments which are presented as part of this report. These were presented and discussed at a meeting of the IAGC on the 21st May 2015 and it was recommended that they are presented to the Board for adoption.

3.INFORMATION

The adjustments identified during the audit were largely presentational and have been discussed in detail with the IAGC. The resultant audit report (ISA 260) confirms that there are no unadjusted misstatements and that there are no audit recommendations.

4.RECOMMENDATIONS

It is recommended that the Boardapprove and adopt the Audited Annual Accounts