Statement of Accounts, Audit of Accounts and Annual Governance Statement
Statement of Accounts
After the end of each financial year (31 March) we 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 our income and expenditure for the year
- a statement showing the value of our assets at the end of the year
- a statement showing the movement in our cash balances
The statement of accounts for 2020/21 is now available and can be downloaded using the link below.
Annual Governance Statement
The annual governance statement forms part of the annual statement of accounts and reports on the extent of the council’s compliance with its principles and practices of good governance, including how we have monitored the effectiveness of the governance arrangements and sets out action for planned changes in the coming year. This statement provides an assurance to the council and its stakeholders that good governance arrangements are in place.
The council is responsible for ensuring that its business is conducted in accordance with the law and proper standards, and that public money is safeguarded and properly accounted for, and used economically, efficiently and effectively.
The draft Annual Governance Statement for 2020/21 and statements from previous years can be downloaded using the links below.