Financial reports

The Accounts and Audit (Coronavirus) Amendments Regulations 2020 (SI 2020/404) have extended the statutory audit deadline for 2019/20 for all local authorities. The publication date for audited accounts is now 30 November 2020.

To give local authorities more flexibility, the requirement for the public inspection period to include the first 10 working days of June has been removed. Local authorities must now commence the public inspection period on or before the first working day of September 2020. This means that accounts that must be confirmed by the responsible finance officer (RFO) must be published by 31 August 2020 at the latest.

South Somerset District Council’s financial team has been focusing on helping its communities in response to Coronavirus, such as administering the distribution of business support grants. As a result our completion of the Financial Statements for 2019/20 will not follow the original timescale for publication.  We are now aiming to publish these statements for public inspection by 31st July 2020.

Annual Statement of Accounts

The Statement of Accounts is the statutory summary of the Council's financial affairs for the financial year and is prepared in accordance with the 'Code of Practice on Local Authority Accounting in the United Kingdom'.  The purpose of our statement of accounts is to give clear information on the overall finances of the Council.

  1. Statement of Accounts

  2. Annual Governance Statements

  3. External Audit - Notice of Appointment of Auditor from 2018/19

    Under Section 8(2) of the Local Audit and Accountability Act 2014, the Council must publish a notice relating to the appointment of its local auditor.

    For audits of accounts from 1 April 2018, Public Sector Audit Appointments Limited (PSAA) is responsible for appointing an auditor to principal local government and police bodies that have chosen to opt into its national auditor appointment arrangements. South Somerset District Council opted into this arrangement.

    On 14 December 2017, the PSAA Board approved the appointment of Grant Thornton (UK) LLP to audit the accounts of South Somerset District Council for a period of five years, covering the accounts from 1 April 2018 to 31 March 2023.  This appointment is made under Regulation 13 of the Local Audit (Appointing Person) Regulations 2015.  If you have any queries, contact accountancy@southsomerset.gov.uk

Thank you. You response is appreciated.

Was this page helpful?