Statement of Accounts

Every council is required by law to publish an annual Statement of Accounts. The Statement of Accounts contains our final accounts for the year and gives financial information on all the services provided by the council during the year as well as our financial position at the year-end.

2023/24 Statement of Accounts and Notices

Each financial year Stevenage Borough Council is required to produce and publish a draft set of accounts, allow public inspection of the draft accounts, have the draft accounts audited and to subsequently publish the final audited set of accounts.

The deadlines set under regulation for the accounts prepared for the 2023-24 financial year are:

• publish draft set of accounts one day prior to the start of public inspection
• public inspection to start no later than 1 June 2024 for a period of 30 working days
• completion of audit and publication of audited accounts by 30 September 2024

The audit of the Statement of Accounts 2020/21 has yet to be finalised and the audits of 2021/22, 2022/23 and 2023/24 are yet to commence. We continue to engage with our external auditors to complete all outstanding audit work as soon as possible.

2022/23 Statement of Accounts and Notices

The external audit of the draft statement of accounts for the year ended 31 March 2023 has not yet been completed by our external auditors, EY LLP, due to the planned phased approach to delivering the 2022/23 audits in light of a variety of complex factors contributing to audit delays in previous years. This situation is allowed for by Regulation 10, paragraph (2a) of the Accounts and Audit Regulations 2015.

Therefore, this notification explains, as per paragraph (2a), that we are not yet able to publish our audited 2022/23 final statement of accounts in line with deadline of 30 November 2023, as per paragraph (1). At this time the date when the final audited accounts will be published is unknown. The draft accounts can be found in the links below.

2021/22 Statement of Accounts and Notices

The external audit of the draft statement of accounts for the year ended 31 March 2022 has not yet been completed by our external auditors, 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 previous years. This situation is allowed for by Regulation 10, paragraph (2a) of the Accounts and Audit Regulations 2015. 

 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 deadline of 30 November 2022, as per paragraph (1). At this time the date when the final audited accounts will be published is unknown. The draft accounts can be found in the links below.

2020/21 Statement of Accounts and Notices

2019/20 Accounts and Notices

2018/19 Accounts and Notices

2017/18 Accounts and Notices

If you would like a copy of the document please contact Clare Fletcher on 01438 242933 or e-mail clare.fletcher@stevenage.gov.uk.

Medium Term Financial Strategy (MTFS) and Capital Strategy

The Council’s Medium Term Financial Strategy and Capital Strategy are reviewed annually. This document provides a guide to the Council's finances and gives information for the next five years.

You can find the latest version in our report to Executive.

Budget Book 

Treasury Management Strategy

Capital Strategy

This document sets out the Council's proposals for the 17/18 Capital forward plan and 5 year Capital Strategy. A revised Asset Management Strategy was approved in March 2011, which will influence the direction of future capital strategies.

Risk Management Strategy

The Council will ensure that risk identification, assessment and management is a routine part of decision-making, in much the same way that consideration is given to budget availability or staffing resource.

Whistleblowing Policy