Minutes of meeting
Renfrewshire Council · 20 October 2025
Back to Audit, Risk and Scrutiny Board — 20 October 2025 and its agenda
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Minute of Special Meeting Audit, Risk and Scrutiny Board Date Time Venue Monday, 20 October 2025 15:00 Council Chambers (Renfrewshire), Council Headquarters, Renfrewshire House, Cotton Street, Paisley, PA1 1AN Present: Councillor Jennifer Adam, Councillor Andy Doig, Councillor Gillian Graham, Councillor Lisa-Marie Hughes, Councillor James MacLaren, Councillor Janis McDonald, Councillor Ben Smith Chair Councillor Andy Doig, Convener, presided. In Attendance A MacArthur, Director of Finance & Resources; L McIntyre, Head of Policy & Partnerships, J Castle, Senior Communications Officer and L McGuinness, Strategic Communications Business Partner (all Chief Executive’s); K Campbell, Chief Auditor, C McCourt, Head of Finance & Procurement, R Cree, Head of People & Organisational Development, C MacDonald, Senior Committee Services Officer and J Barron, Committee Services Officer (all Finance & Resources). Also in Attendance R Lister, Director - Public Sector Audit (Azets) and A Kolodziej, Associate Director (both Azets). Webcasting of Meeting Prior to the commencement of the meeting the Convener intimated that this meeting of the Board would be filmed for live or subsequent broadcast via the Council's internet site.
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Declarations of Interest and Transparency Statements There were no declarations of interest or transparency statements intimated prior to the commencement of the meeting. 1 Azets Report to those charged with governance - Renfrewshire Council Group Annual Accounts 2024/25 There was submitted a report by the Director of Finance & Resources relative to the annual audit of the Council’s financial statements which had been undertaken by the Council’s appointed external auditors, Azets. A copy of the findings from the audit of the 2024/25 Renfrewshire Council accounts was attached as an appendix to the report. It was highlighted that there had been five material adjustments to the accounts over the course of the audit in relation to: restatement of 2023/24 group figure due to overstatement of pension asset of £31.788 million and understatement of unfunded pension liability of £0.501 million; overstatement of the group’s pension asset of £41.941 million and understatement of unfunded pension liability of £0.440 million; understatement of the Council’s unfunded pension liabilities of £0.158 million; understatement of the holiday pay accrual of £0.425 million; and understatement of Right Of Use assets of £0.544 million, lease liabilities of £0.815 million and Council Income and Expenditure Statement of £0.271 million due to updated waste disposal service concession model. DECIDED: That the report and the Azets report, attached as an appendix, be noted. 2 Audited Annual Accounts 2024/25 - Renfrewshire Council Group There was submitted a report by the Director of Finance & Resources relative to the audit of the Council’s 2024/25 annual accounts, which had been undertaken by the Council’s appointed external auditors, Azets. The report highlighted that the 2024/25 unaudited Renfrewshire Council Annual Accounts had been approved at the meeting of the Council held on 26 June 2025. A copy of the Renfrewshire Council audited annual accounts 2024/25 was appended to the report for consideration. DECIDED: That the 2024/25 Audited Annual Accounts, attached as an appendix to the report, be noted and that it be recommended to Council that they be approved. 3 Azets Report to those charged with governance - Coats Observatory Trust Annual Accounts 2024/25 There was submitted a report by the Director of Finance & Resources relative to the annual audit of the financial statements of the Coats Observatory Trust which had been undertaken by the Council’s appointed external auditors, Azets.
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DECIDED: That the Annual Accounts of the Coats Observatory Trust for 2024/25, attached as an appendix to the report, be approved for signature in accordance with the Local Authority Accounts (Scotland) Regulations 2014. 4 Audited Financial Statements 2024/25 Coats Observatory Trust There was submitted a report by the Director of Finance & Resources relative to the audit of the 2024/25 financial statements of Coats Observatory Trust controlled by Renfrewshire Council which had been undertaken by the Council’s appointed external auditors, Azets. DECIDED: That the 2024/25 audited financial statements for the Coats Observatory Trust attached as an appendix to the report, be noted and that it be recommended to Council that they be approved.