Statement of accounts
A statement of accounts is a record of the Council's spending in a year. It is an important element in demonstrating the stewardship of public money and includes:
- An overview of the Council's accounts
- Comment on the financial performance the efficiency and effectiveness in the use of resources
- Core financial statements, including income and expenditure, movement in reserves, the balance sheets and cash flow statement
The Director of Resources is responsible for ensuring that the Statement of Accounts is prepared in line with statutory and accounting requirements.
Statement of Accounts 2023
The period of public inspection for interested members of the public to exercise their statutory right to inspect the accounts was notified on 30 May 2023.
The Annual Governance Statement for 2022-23 was reviewed by the Audit Committee at the meeting on 29 March 2023.
The completion of the external audit of the statement of accounts for the year ended 31 March 2022 remains outstanding by our external auditors. The comparative amounts used in the 2022/23 accounts are the latest balances available.
The Draft 2022-23 Statement of Accounts have been prepared, they will be audited later in the year.
The external audit of the draft statement of accounts for the year ended 31 March 2023 has not yet been completed by our external auditors, EY LLP, due to the complex set of factors contributing to audit delays across the sector. This situation is allowed for by Regulation 10, paragraph (2a) of the Accounts and Audit Regulations 2015. (See attached link: The Accounts and Audit Regulations 2015 (legislation.gov.uk)). Therefore, this notification explains, as per paragraph (2a), that we are not yet able to publish our audited 2022/23 final statement of accounts in line with deadline of 30th September 2023, as per paragraph (1). The Audit Committee will consider the results of the 2022/23 audit, after which we will publish the final audited accounts.
Publication of the 2022-23 Accounts
Statement of Accounts 2022
The period of public inspection for interested members of the public to exercise their statutory right to inspect the accounts was notified on 30 June 2022.
The Annual Governance Statement for 2021-22 was reviewed by the Audit Committee at the meeting on 30 March 2022 and the final Annual Governance Statement was approved at the Audit Committee on 29 June 2022.
The 2021-22 Statement of Accounts is prepared and then audited. The audit findings in the Audit Results Report were presented to the Audit Committee at the meeting on 12 July 2023.
The Final Statement of Accounts are published here.