As well as our Statement of Assurance and Annual Report, we publish a range of financial statements covering at least the last 2 years. Earlier documents are available on request.
Our Medium Term Financial Strategy and Efficiency Plan are key to delivering value for money over the next few years.
Our Efficiency Plan sets out our detailed approach to making the savings needed to address the reduction in funding between April 2016 and March 2020.
By the end of 2017/18, we achieved savings of £6.215m. That’s £0.541m more than the target stated in the plan.
However, as we have to deal with grant funding reductions, significant inflation and pay awards, there is more to be done. Any additional savings beyond the total in the plan will help to address the increased future budget gap that has developed since the original plan was created.
In line with National Framework requirements we have published our Reserves Policy, giving more transparency to stakeholders of the purpose and level of the reserves held by the Authority.
Statement of Accounts
The Statement of Accounts is produced at the end of the financial year as required by the accounts and audit regulations.
The deadline for publication of the draft accounts for each financial year is 31 May and 31 July for the final audited accounts, in accordance with these regulations.
Previous Statements of Accounts
Annual Governance Statement
The Annual Governance Statement provides assurance that our business is carried out legally and to proper standards, and that public money is:
- properly accounted for
- used economically, efficiently and effectively
It became statutory to produce an Annual Governance Statement separate to the Statement of Accounts in 2016.
Previous Annual Governance Statements
Local authorities in England are required by the Accounts and Audit Regulations 2015 to publish an annual Narrative Statement.
This statement explains our financial position and supports interpretation of the financial statements. It includes:
- a commentary on the major influences affecting our income, expenditure and cash flow
- information on our financial needs and resources
- analysis of our development and performance in that financial year
- financial and non-financial performance indicators
Previous Revenue Budgets and Capital Programmes
Special service charges
We charge for special services provided to external organisations, individuals and companies in line with our scale of charges.