ANNUAL FINANCIAL REPORT AND ACCOUNTS 2020/21 EQUALITY & DIVERSITY STATEMENT Finance Service aims to regularly review all documents, policies and procedures to ensure that there are no negative equality impacts. Consultation is an important part of how we achieve this. If you feel, on reading this document, that there may be a negative equality impact please tell us about this. Please also let us know if you need to access this document in a different format. You can do this by contacting: Name Telephone Email Rose Bennett 01706 925419
[email protected] Yvonne Dunease 01706 925273
[email protected] Page | 2 Rochdale Borough Council Annual Financial Report and Accounts 2020/21 CONTENTS 1. REGULATION & INTRODUCTION PAGE NO. Independent Auditor’s Report 4 Commentary by the Cabinet Member for Finance 5 Chief Finance Officer’s’ Narrative Report 6 Statement of Responsibilities 30 2. STATEMENT OF ACCOUNTS The Comprehensive Income and Expenditure Statement 32 The Movement in Reserves Statement 33 The Balance Sheet 34 The Cash Flow Statement 35 Index of Notes to the Accounts 36 Notes to the Accounts 37 The Collection Fund Statement 114 3. SUPPLEMENTARY INFORMATION Glossary of Terms 117 Page | 3 Rochdale Borough Council Annual Financial Report and Accounts 2020/21 REGULATION & INTRODUCTION INDEPENDENT AUDITOR’S REPORT TO MEMBERS OF ROCHDALE BOROUGH COUNCIL Page | 4 Rochdale Borough Council Annual Financial Report and Accounts 2020/21 COMMENTARY BY THE CABINET MEMBER FOR FINANCE As Cabinet Member for Finance I am responsible for ensuring that Rochdale Borough Council makes the most effective use of its resources in order to deliver the value for money services that local people need.