2010 to 2011

Statement of Accounts

The Council's Statement of Accounts aims to give all interested parties (local electors, those subject to locally levied taxes and charges, members of the Authority) clear information about the Council's finances. It demonstrates:

what the Council's services cost in the year
where the money came from
what the Council's assets and liabilities were at the year end.

It is compiled in accordance with the relevant code of practice and satisfies all legislative requirements. It is necessarily a technical document which receives considerable audit scrutiny to give all stakeholders the confidence that public money has been properly accounted for. A much simpler summary version is also available, and casual readers may like to refer to that summary in the first instance.

Our external auditors, Grant Thornton, carried out a full and detailed examination of the accounting statements and disclosures and, on 29^th September 2011, issued a certificate confirming that in their opinion, the accounts give a true and fair view of the Council’s financial position, and have been properly prepared in accordance with relevant codes of practice and accounting standards.

Specific issues arising from the final accounts audit were included in Grant Thornton’s “Annual report to those charged with governance”, which was presented to Audit Committee along with the audited accounts on 26^th September 2011.

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