We are required to prepare a Statement of Accounts which presents a true and fair view of the financial position and transactions of the council.
We do this by complying to the 'Code of Practice on Local Authority Accounting' which specifies the principles and practices of accounting required.
What is the purpose of the Statement of Accounts?
The purpose of a local authority's published Statement of Accounts is to give clear information about the authority's finances, such as:
- What did the authority's services cost in the year of account?
- Where did the money come from?
- What were the authority's assets and liabilities at the year-end?
The 2015/16 statement of accounts are the audited accounts for the year ending 31 March 2016.
Previous Statement of Accounts:
The accounts are available for inspection by residents of the Borough and are advertised in the local press each year before the audit is carried out.
Copies of the Statement of Accounts are available for inspection at Council's offices once the audit is complete.
We are keen to continue to improve the presentation of our Accounts so please let us know if you have any suggestions.
If you would like information presented in an alternative format, such as large print or another language, please contact us.
Page owner: Patrick Tuite. Last updated: 14/12/2018 14:06