Annual Financial Statement
The annual financial statement (AFS), provides details of actual figures, both revenue and capital at year-end. The AFS is based on accrual accounting and contains notes elaborating on the figures and explaining the accounting principles concerned.
Every local authority or joint body, under the Local Government Act 2001, "shall prepare an annual financial statement in accordance with the code of practice issued by the Minister"
The AFS is to be completed within 12 weeks of the end of the previous year.
When completed the elected members consider it and once adopted by the council, it is then forwarded to the minister and the director of audit.
Annual Financial Statement 2014.pdf (size 1.1 MB)
Auditors Report 2014.pdf (size 331.4 KB)