Grampian Valuation Joint Board

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Council and Democracy

Annual Report and Financial Statements for the year ended 31 March 2007

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Contents	Page
Explanatory Foreword by the Treasurer	1- 4
Glossary of Terms	5
Statement of Accounting Policies	7-10
Statement of Responsibilities for these Accounts	11-12
Income and Expenditure Account	13-14
Statement of Movement on General Fund Balance	15-16
Statement of Total Recognised Gains and Losses	17-18
Balance Sheet	19-20
Cash Flow Statement	21-22
Notes to the Core Financial Accounts	23-34
Statement on Internal Control	35-38
Independent Auditor's Report	39-40


AUDIT SCOTLAND Report to Members and Controller of Audit