Accounts

By law, the Council must produce and publish details of its financial affairs which are subject to internal financial controls, internal and external audit inspection. The Council produces the following reports:

Statement of Receipts and Payments – all monies received and paid out during the financial year.

Income and Expenditure Account, Balance Sheet and Supporting Statements – this is a record of all amounts received and expected to be received, and expenditure incurred, but not yet paid.

Annual Report.- The Council produces each year an Annual Report of its activities for the preceding year.

Budget:- 90% of the Council’s planned expenditure will be funded by its precept.

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