Statement of Accounts
The Explanatory Foreword sets out a comparison in summary form of the Council's General Fund and Housing Revenue Account and a brief explanation of any significant variation is given. A statement of capital expenditure is shown, and also the sources of finance.
The Statement of Accounting Policies describes the main principles used in maintaining the Council's accounts.
The Income & Expenditure Account Summary reports the net cost for the year of all the functions for which the authority is responsible and demonstrates how that cost has been financed from general government grants and income from taxpayers
The Statement of Movement on the General Fund Balance lists the 'other' elements, in addition to the movement on the Income and Expenditure Account that contributes to the year on year changes to the General Fund Balance.
The Statement of Total Recognised Gains and Losses (STRGL) lists the 'other' elements, in addition to the gains and losses realised in the Income and Expenditure Account that contributes to the overall financial result for the period
The Balance Sheet shows the value of the Council's assets, its overall indebtedness to others, and the state of its reserves.
The Cash Flow Statement summarises the inflows and outflows of cash arising from transactions with other organisations, individuals and other third parties for revenue and capital purposes.
The Housing Revenue Account Summary shows the Council's revenue expenditure for the provision of Council housing only. The expenditure and income on this account is rigidly controlled by legislation.
The Collection Fund Revenue Account Summary reflects the statutory requirement to maintain a separate Collection Fund. It shows the transactions in relation to non-domestic rates and council tax and illustrates how these have been distributed between the County Council, the Police Authority, the Fire Authority and South Bedfordshire District Council.
Statement of Responsibilities for the Statement of Accounts outlines the authority's and the responsible finance officer's responsibilities when preparing the accounts.
Statement of Internal Control outlines the Council's main systems of internal control and any resultant action arising for the next year.
All these statements are supported by various explanatory notes.
The Statement of Accounts can be downloaded in PDF format:
Statement of Accounts 2007-08 (PDF 1424 KB)
Statement of Accounts 2006-07 (PDF 937.50KB) Our accounts are independently audited by the Audit Commission and each year we receive an Annual Governance Report 2006-07 (PDF 223.28KB) setting out the auditors findings. The Summary Statement of Accounts for 2006-07 (PDF 187.54KB) can be downloaded in PDF and it gives details of the Council’s spending during 2006-07 including Leisure, Environmental Health, Street Cleansing, Housing, Economic Development and Planning
Statement of Accounts 2005-06 (PDF 420.3KB)
Annual Governance Report 2005-06 (PDF 171.6KB)
Summary Statement of Accounts for 2005-06 (PDF 207.2KB)
Statement of Accounts 2004-05 (PDF 448.2KB)
If you would like hard copies of the Statement of Accounts to be sent to you then e-mail to: Gabrielle.Stevens@southbeds.gov.uk Tel. 0845 849 6150
