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Finance

Financial Accounts

Accounting Statements

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

Annual Budget and Precepts

The Budget documents will cover all necessary expenditure for the financial year and set their precept to meet their budget needs.

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.

Certificate of Exemption

Certificate of Exemptions are created if a local council is below the £25,000 threshold for expenditure. This forms part of the AGAR.

Conclusion of Audit

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

Internal Audit Reports

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

Notice of Public Rights

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

Receipts and Payments

The Council's Receipts and Payments.

Variances

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

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