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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 local government Accounting Code of Practice (ACOP).

The purpose of the Statement of Accounts is to give electors, local taxpayers, council members and any other interested parties clear information on the overall finances of the council and to demonstrate the city council's stewardship of public money for the year.

Audit of accounts

Notice is hereby given that pursuant to Sections 30 and 31 of the Public Audit (Wales) Act 2004 and the Accounts and Audit (Wales) Regulations 2014, as amended that -

1. From Monday 6 January 2025 to Friday 10 January 2025, and from Monday 13 January 2025 to Friday 17 January 2025, and from Monday 20 January 2025 to Friday 24 January 2025, and from Monday 27 January 2025 to Friday 31 January 2025, between the hours of 9.00 am and 4.30 pm, under section 30(1) of the above Act any person interested, on application to the Chief Finance Officer, Room 152, The Guildhall, Swansea, may inspect and make copies of the Accounts of the City and County of Swansea for the year ended 31 March 2024 and all books, deeds, contracts, bills, vouchers and receipts relating thereto.

2. Under section 30(2) of the above Act, on or after Monday 3 February 2025 at 10.00 am at Guildhall, Swansea, the Council's Appointed Auditor, the Auditor General for Wales, or his representatives, at the request of any Local Government Elector to which the Accounts relate, will give the Elector or his or her representative an opportunity to question them about the accounts, and any such Elector or his or her representative may attend before the auditor and make objection to any of the Accounts.

3. Any Elector must give prior written notice to the Auditors of any proposed objection and the grounds on which it is to be made (in accordance with regulation 16 of The Accounts and Audit (Wales) Regulations 2005). At the same time, a copy thereof shall be submitted to the Chief Executive of the Council.

4. This does not entitle a person to inspect any accounts or other documents referred to in Paragraph 1 above to the extent that those accounts or documents contain personal information, as defined by section 30(4) of the Public Audit (Wales) Act 2004, or to require any personal information to be disclosed in answer to any question.

5. Under section 31(1), Electors have a right to attend before the Auditor, during a period running from the appointed day to the completion of the audit, to make objections as to any matter that the Auditor could take action under section 32 (application for declaration that an item of account is contrary to law) or in respect of which the Auditor could make a report under section 22 (reports in the public interest).

The notice of objection or potential objection should be sent to Derwyn Owen, Audit Wales, 1 Capital Quarter, Tyndall Street, Cardiff, CF10 4BZ

Dated this 3 December 2024

Debbie Smith, Deputy Chief Legal Officer (acting as Monitoring Officer)

The Statement of Accounts for several years are available below.

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Last modified on 16 December 2024