version for Audit Comittee 23rd September 6

LONDON BOROUGH OF HAMMERSMITH AND FULHAM STATEMENT OF ACCOUNTS 2007/08 - 1 - Certification by Chairman of the Audit Committee rdI confirm that these accounts were approved by the Audit Committee on 23 September 2008. Councillor Robert Iggulden 23 September 2008 2 CONTENTS The Council’s Statement of Accounts for the year ended 31 March 2008 is set out on the following pages. INDEPENDENT AUDITOR’S REPORT (To follow after completion of audit) This is a statement prepared by the Council’s external auditors, the Audit Commission following the completion of their audit of the accounts herewith reported. FOREWORD BY THE DIRECTOR OF FINANCE AND CORPORATE SERVICES (Pages 6 -12) This is an explanatory introduction to the financial statements. STATEMENT OF RESPONSIBILITIES (Page 13) This is a statement which sets out the financial responsibilities of the Council and of the Director of Finance and Corporate Services in relation to the Statement of Accounts. STATEMENT OF ACCOUNTING POLICIES (Pages 14 - 23) This is an explanation of the basis on which the accounts have been prepared and their compliance with the guidance of the relevant regulatory bodies. FINANCIAL STATEMENTS (Pages 24 - 30) These statements summarise the overall financial ...