isle of anglesey county council annual audit letter 2004-2005

2004/2005 Date: December 2005 Alan Morris and PricewaterhouseCoopers LLP Ref: 1201A2005Relationship Manager’s Annual Letter – Incorporating the Appointed Auditor’s Audit Letter Isle of Anglesey County Council Summary Report 5 Corporate management Corporate management needs to be strengthened to ensure that agreed corporate priorities are effectively implemented 5 Services Overall service performance remains adequate, but there is limited evidence of significant, continuous improvement 6 Performance management There has been progress in developing the corporate performance management framework but it needs to be more effectively implemented throughout the organisation 6 Financial management As reported in the Appointed Auditor’s SAS610 Report there are no significant weaknesses in financial systems which need to be brought to the attention of members 7 Financial health/financial standing The Authority’s total reserves have fallen by £1.2m during the year. Nevertheless General fund reserves still represent 3.7% of the Authority’s annual revenue expenditure 7 Financial statements The Authority’s arrangements for producing financial accounts are good and once again the accounts were prepared on time and to a high standard Detailed Report 8 Financial accounts 15Performance work 212004/2005 performance inspection work 26Audit and inspection fees Page 2 of 28 Isle of Anglesey County Council - Relationship Manager’s Annual Letter – ...