Our accounts

All councils have to prepare a Statement of Accounts. These accounts show our financial performance and details of our finances. These accounts include the Isle of Wight Council Pension Fund. They are prepared in accordance with the Code of Practice on Local Authority Accounting.

You have the right to inspect our accounting records and documents. The Local authority accounts: A guide to your rights, explains the legal position regarding your rights. The guide is provided by the National Audit Office and will be updated with the revised dates in due course.

The documents that we are required to publish can be viewed below

2023-24 Statement of Accounts

Statement of Accounts 2023-24 (PDF, 2MB, 160 pages) – final accounts of year ended 31 March 2024 following completion of the audit. 

Narrative Report 2023-24 (PDF, 1MB, 11 pages) – provides a summary of the Council's financial position and performance aims. This document helps to interpret the more detailed Statement of Accounts.

Annual Governance Statement (AGS) 2023-24 (PDF, 1MB, 19 pages) – is a statutory document which explains the processes and procedures in place to enable the Council to carry out its functions effectively. 

Audit Completion Report 2023-24 (PDF, 3 MB, 51 pages) - this report details the findings of the audit and is published on completion of the opinion by the council's external auditors.

Completion of Audit Notice 2023-24 - the Section 151 officer creates and publishes this document. This happens when the audit has been completed and their certificate has been issued.

2022-23 Statement of Accounts

Statement of Accounts 2022-23 (PDF, 2MB, 144 pages) – final accounts of year ended 31 March 2023 following the completion of the audit.

Narrative Report 2022-23 (PDF, 1MB, 11 pages) – provides a summary of the Council's financial position and performance aims. This document helps to interpret the more detailed Statement of Accounts.

Annual Governance Statement (AGS) 2022-23 (PDF, 375KB, 18 pages) – is a statutory document which explains the processes and procedures in place to enable the Council to carry out its functions effectively. 

Audit Completion Report 2022-23 (PDF, 2MB) - this report details the findings of the audit and is published on completion of the opinion by the council's external auditors.

Completion of Audit Notice 2022-23 (PDF, 97KB) - the Section 151 officer creates and publishes this document. This happens when the audit has been completed and their certificate has been issued.

2021-22 Statement of Accounts

Statement of Accounts 2021-22 (PDF, 1.9MB, 142 pages) – final accounts for year ended 31 March 2022 following the completion of the audit. 

Narrative Report 2021-22 (PDF, 1.2MB, 10 pages) – provides a summary of the Council’s financial position and performance and aims. This document helps to interpret the more detailed Statement of Accounts.

Annual Governance Statement (AGS) 2021-22 (PDF, 314KB, 18 pages) – is a statutory document which explains the processes and procedures in place to enable the council to carry out its functions effectively.

Annual Audit Letter 2021-22 - this report details the findings of the audit and is be published on completion of the opinion by the council’s external auditors in due course.

Completion of Audit Notice 2021-22 – the Section 151 officer creates and publishes this document. This happens when the audit has been completed and their certificate has been issued.

Other information

Our transparency web page provides information on details of financial transactions

Our pensions web page provides information on both pension funds including annual reports.

For earlier periods the information is available from the document library by searching for 'statement of accounts'.