The Statement of Accounts sets out how the money was spent and raised throughout the year. It also shows a year-end balance sheet that summarises the value of all our assets and liabilities.
Councils must produce an annual Statement of Accounts in accordance with legislative requirements and the Code of Practice on Local Authority Accounting in the UK.
In March 2021 the Ministry of Housing, Communities and Local Government (MHCLG) passed new legislation, The Accounts and Audit Amendment Regulations 2021, which relate to financial years ending 31 March 2021 and 31 March 2022. The amendment stipulates that unaudited accounts must be published by 31 July in each of these years but local authorities can choose to publish earlier. We elected to publish the unaudited accounts on 8 July 2022.
