Statement of accounts
After the end of each financial year (31 March) the council has to publish a formal statement of accounts. These are compiled in accordance with International Financial Reporting Standards (IFRS) and the Local Authority Accounting Code of Practice. The statement includes:
- an explanatory foreword
- a statement of its income and expenditure for the year
- a statement showing the value of its assets at the end of the year
- a statement showing the movement in its cash balances
Audit of accounts 2016/17
Each year the council’s accounts are audited. Anyone interested has the opportunity to inspect and make copies of the accounts and books, deeds, contracts, bills, vouchers and receipts relating to them. For the year ended 31 March 2017 these documents will be available on application to the head of finance and chief finance officer, South Oxfordshire District Council, 135 Eastern Avenue, Milton Park, Abingdon, OX14 4SB, between 9.30 am and 4.30 pm (Monday to Friday) for the period commencing on Monday 3 July 2017 and ending Friday 11 August 2017 inclusive.
The audit is being carried out by Andrew Brittain, Executive Director, Ernst & Young LLP, Apex Plaza, Forbury Road, Reading, RG1 1YE and will be conducted under the provisions of the Local Audit and Accountability Act 2014 and the Accounts and Audit Regulations 2015.
Local government electors and their representatives have the opportunity to question the auditor about the accounts who should be contacted at the above address. They also have the right to make objections to the accounts, or any items in them. Written notice of a proposed objection, stating the grounds, the facts relied on and particulars of the action it is proposed the auditor should take must first be given to the auditor and a copy sent to the Council. The period for making such objections is from Monday 3 July 2017 to Friday 11 August 2017 inclusive.
Our draft statement of accounts for 2016/17 will be available to view in the downloads section of this page from Monday 3 July 2017.
Last reviewed: 12 - 06 - 2017