Annual Returns

Every year local authorities have to complete a return which has 4 sections:

1. Annual Governance Statement – the Chairman and Clerk acknowledge their responsibilities with reference to finacial management, innternal controls, risk management, the publics rights, etc.
2. Accounting Statements – using broad categories these summarise the year’s financial transactions, the impact on cash balances and movements in fixed assets.
3. External Audit Report & Cerificate – this is currently performed by Mazars LLP for Stafordshire Parish Coucnils.
4. An Internal Audit Report – completed on the basis of an assessment of risk  following a selective assessment of compliance with the relevant procedures and controls during the finacial year.