Michaelston-y-Fedw Community
Regulations require the community council to have its accounts audited in two ways. An internal audit is carried out by an independent accountant who verifies the accuracy of the detailed accounts. The accountant also signs an Annual Return which details the council's financial position and confirms its compliance with various regulations. The Annual Return along with supporting documents is submitted to Audit Wales, who subsequently issue a report.
2023-24 audit
The Annual Return for 2023-24 was approved at a meeting of the Community Council on the 5th June 2024, and was submitted to Audit Wales on the 14th June 2024. Their response was due by the end of September 2024. In March 2025 the auditors asked for further information about 1 item. As of 31st May 2025 the audit report has not been received.
2022-23 audit
The Annual Return for 2022-23 was approved at a meeting of the Community Council on the 7th June 2023 and was submitted to Audit Wales shortly afterwards. This was the council's first Triennial Full Audit under new rules whereby a detailed examination of all transactions was undertaken. After numerous email questions and responses during the summer of 2023, Audit Wales' report was received on the 6th November 2023. The report contained several material inaccuracies. There is no right of reply to an audit report, but the community council did respond requesting that the inaccuracies be corrected. This was refused. The report, with the community council's responses in blue text, can be seen here.