Statement of Accounts
Statement of Accounts, Audit of Accounts and Annual Governance Statement
Statement of Accounts
After the end of each financial year (31 March) we publish a formal statement of accounts. These are compiled in accordance with International Financial Reporting Standards (IFRS) and the Local Authority Accounting Code of Practice. The statement includes:
- an explanatory foreword
- a statement of our income and expenditure for the year
- a statement showing the value of our assets at the end of the year
- a statement showing the movement in our cash balances
Draft Statement of Accounts 2022/23
There is a delay in the publication of the draft statement of accounts for 2022/23 and you can download the notice under The Accounts and Audit (England) Regulations 2015 using the link below.
Draft Statement of Accounts 2021/22
The draft statement of accounts for 2021/22 is now available and can be downloaded using the link below.
Audit of accounts
The audit is being carried out by Maria Grindley, Executive Director, Ernst & Young LLP, Apex Plaza, Forbury Road, Reading, RG1 1YE and will be conducted under the provisions of the Local Audit and Accountability Act 2014 and the Accounts and Audit Regulations 2015.
The external audit of the draft statement of accounts for the year ended 31 March 2022 has not yet been completed by our external auditor, EY LLP, due to the planned phased approach to delivering the 2021/22 audits in light of a variety of complex factors contributing to audit delays in the current year. This situation is allowed for by Regulation 10, paragraph (2a) of the Accounts and Audit Regulations 2015. (See attached link: http://www.legislation.gov.uk/uksi/2015/234/regulation/10/made). Therefore, this notification explains, as per paragraph (2a), that we are not yet able to publish our audited 2021/22 final statement of accounts in line with the deadline of 30 November 2022, as per paragraph (1). The Joint Audit and Governance Committee will consider the final results of the 2021/22 audit, after which we will publish the final audited accounts.
Annual Governance Statement
The annual governance statement forms part of the annual statement of accounts and reports on the extent of our compliance with our principles and practices of good governance, including how we have monitored the effectiveness of the governance and sets out action for planned changes in the coming year. This statement provides an assurance to us and our stakeholders that good governance arrangements are in place.
We are responsible for ensuring that our business is conducted in accordance with the law and proper standards, and that public money is safeguarded and properly accounted for, and used economically, efficiently and effectively.
The Annual Governance Statement for 2021/22 and statements from previous years can be downloaded using the links below.