15 Audit Progress Report - Middlesbrough Council and Teesside Pension Fund
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Minutes:
The Committee received the Audit Progress Report from Forvis Mazars, covering both Middlesbrough Council and the
Teesside Pension Fund.
The external auditor confirmed that the Council’s draft accounts for
2024/25 were published on 30 June 2025, with the main audit work scheduled to
commence in October 2025 and completion anticipated by February 2026, in line
with the national backstop arrangements.
Work on the Value for Money (VFM) assessment was ongoing, with findings
expected to be presented to the Committee in December 2025. At this stage, the auditor reported no
significant issues to bring to Members’ attention.
Members noted that the main Council audit would progress towards the
February 2026 backstop date, with a further update report to be presented at
the next meeting. No significant issues
were reported at this stage.
AGREED that the Audit Committee:
1. Noted the Audit Progress Report from Forvis Mazars, including the update on the 2024/25 audit
timetable, the Value for Money (VFM) assessment, and national publications.
2. Noted the planned timeline for
completion of the main audit in line with the national backstop arrangements
and agreed to receive further updates as the audit progresses.
3. Agreed that the external auditor would
provide a further update to the Committee at the December 2025 meeting,
including progress towards meeting the February 2026 backstop date for
completion of the main Council audit.
4. Agreed that the findings of the Value
for Money (VFM) assessment will be presented to the Committee by the external
auditor upon completion.