Decision

The Council has decided to approve financial statements and reserves for the financial year 2025/26.

Analysis

outcome: Recommendations were approved.

summary: The decision involves approving financial statements and reserves for the financial year 2025/26.

topline: The Council has decided to approve financial statements and reserves for the financial year 2025/26.

reason_contentious: This issue is not likely to be contentious as it mainly involves financial matters.

affected_stakeholders: ["Council members", "Finance department", "Local residents"]

contentiousness_score: 2

political_party_relevance: There are no mentions or implications of political parties in the decision.

URL: https://democracy.anglesey.gov.uk/ieDecisionDetails.aspx?ID=4098&LLL=0

Decision Maker:

Outcome: Recommendations Approved

Is Key Decision?: No

Is Callable In?: No

Purpose:

Content: It was resolved –   ·      To note the draft unaudited financial statements for the financial year 2025/26. (The full draft Statement of Accounts 2025/26 is published on https://www.anglesey.gov.wales/documents/Docs-en/Finance/Statement-of-Accounts/2025-2026/draft-statement-of-accounts-2025-to-2026.pdf?nocache=1) ·      To note the position of the Council’s general balances as at 31 March 2026 of £19.037m. ·      To note the balance of earmarked reserves of £24.434m and approve the creation of £0.510m of new earmarked reserves. ·      To formally approve the transfer of £0.716m of earmarked reserves back to the Council’s general balances. ·      To note the balance of school reserves of £4.327m. ·      To note the balance of the Housing Revenue Account (HRA) reserve of £3.063m. ·      To approve the use of £2.373m of general balances and earmarked reserves for the purposes set out in Table 9 of the report.

Date of Decision: July 21, 2026