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 2017/18
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 2018 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 9.30am and 4.30pm (Monday to Friday) for the period commencing on Friday 1 June 2018 and ending Thursday 12 July 2018 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 Friday 1 June 2018 to Thursday 12 July 2018 inclusive.
Last reviewed: 18 - 05 - 2018