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Finance

Financial Matters

Accounting Statements

Accounting statements show the cash balance, precept, staff costs and other income and expenditure for the last accounting year.

Annual Governance & Accountability Return

The Annual Governance & Accountability Return (AGAR) is the document that is submitted by local councils presenting a summary of their audit and financial information.

Annual Governance Statements

The Annual Governance Statement is a document signed by the council confirming whether it conforms to certain financial, accounting and auditing measures.

Annual Internal Audits

The Annual Internal Audit is a signed checklist showing whether certain aspects of the council running has been internally reviewed, and whether the council conforms.

Bank Reconciliations

Bank Reconciliations show whether the council's bank account statements match the accounting cashbook at the end of the financial year.

Budget and Precept Calculation

These documents outline the precept calculation and budget for the upcoming year

Conclusion of Audit

This is a document confirming that the accounts for the last accounting year have been published.

Expenditure

This document shows the details of all council expenditures for the year

External Audit Reports

This is a certificate signed by an external auditor after a review of the AGAR.

Internal Audit Reports

This is a certificate presented after an internal audit of the council.

Internal Control Exception Reports

This is a report for when elements of the external audit has not been carried out. It may explain the causes and remedial action.

Notice of Public Rights

This is a document explaining the rights the public have in being able to inspect the council's annual accounts.

Variances

This shows whether income or expenditure has gone up or down between two accounting years.

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