Government of Anguilla 2020 Accounts

Report of the Chief Auditor to the House of

Assembly

Contents

Report of the Chief Auditor on the 2020 Accounts

Audit of Financial Statements Report 2019 and 2020 Accounts

Report of the Accountant General

Statement of Accounts Chief Auditor’s Report on the Audit of the 2020 Financial

Statements to the Government of Anguilla

Qualified Opinion on Financial Statements

I have audited the financial statements of the Government of Anguilla for the year ended

31 December 2020 under the Financial Administration and Audit Act 2010 (the Act). These comprise

of the Statement of Financial Performance, the Statement of Receipts and Payments, the Statement

of Assets and Liabilities, the Consolidated Statement of Cashflows for the year then ended and the

related notes, including a summary of significant accounting policies.

In my opinion, except for the possible effects of the matters described in the Basis for Qualified

Opinion section of my report, the financial statements present fairly, in all material respects, the

financial position of the Government of Anguilla as at 31 December 2020 and the amounts recorded

for total receipts and payments, financial performance, cash flows and assets and liabilities for the

year, in accordance with the Act, directions made thereunder by the Minister of Finance and Part 1 of

the International Public Sector Accounting Standard Financial Reporting Under the Cash Basis of

Accounting.

Basis for Qualified Opinion on Financial Statements

As was the case in previous years, the Government of Anguilla had not maintained adequate

accounting records to support the:

• validity of advances and deposits; and

• completeness, accuracy and validity of arrears of revenue.

In addition:

• the accounts do not include a statement outlining the details of remissions, write-offs and

settlements as required by the Section 21 of the Act.

I conducted my audit in accordance with Section 55 of the Act and International Standards on

Auditing (ISAs). My responsibilities under those standards are further described in the Auditor’s

Responsibilities for the Audit of the Financial Statements section of my report. I am independent of

the Government of Anguilla in accordance with the International Ethics Standards Board for

Accountants’ Code of Ethics for Professional Accountants (IESBA Code) together with the ethical

requirements that are relevant to my audit of the financial statements in Anguilla, and I have fulfilled

my other ethical responsibilities in accordance with these requirements and the IESBA Code. I believe

that the audit evidence I have obtained is sufficient and appropriate to provide a basis for my qualified

opinion.

Qualified Opinion on Regularity

In my opinion, except for:

• the authorisation of reallocation and virement warrants;

• the financial effects of any adjustments that might have been necessary, had I been provided with

the evidence relating to the completeness of property tax, interim stabilisation levy and

accommodation tax, along with the unknown impact of using incorrect tax rates for imports of

petroleum and diesel;

• the authorisation of advances from the Consolidated Fund; • omitting relevant deposits over five years old from the Consolidated Fund; and

• the approval of remissions;

in all material respects, the receipts and payments recorded in the financial statements have been

applied to the purposes intended by the House of Assembly and conform to the authorities which

govern them.

Basis for Qualified Opinion on Regularity

Reallocation and Virement Warrants

Section 30 of the Act states that the Minister of Finance, under his or her hand, may direct surpluses

by means of a virement warrant. Section 31 of the Act states that the Minister of Finance may issue

reallocation warrants under his or her hand.

All reallocation and virement warrants issued in 2020 were authorised by the Permanent Secretary –

Finance or the Deputy Permanent Secretary, Finance and not the Minister of Finance. I therefore

qualify my audit opinion as both virement and reallocation warrants were not authorised in the manner

required by the Act.

Tax Revenue

The Government of Anguilla had not developed and operated adequate processes to demonstrate

that all payments due to the Government for:

• Property Tax;

• Interim Stabilisation Levy; and

• Accommodation Tax;

during 2020 had been identified for collection in accordance with relevant legislation. I therefore

qualify my audit opinion in this respect.

Taxes on International Trade

The Government of Anguilla used incorrect tax rates for imports of petroleum and diesel. I therefore

qualify my regularity opinion as I am unable to confirm whether duties have been collected in

accordance with relevant legislation.

Advances

Section 46 of the Act states that the Minister of Finance, may by advance warrant under his or her

hand, authorise the Accountant General to make advances from the Consolidated Fund or from a

deposit received by the Government. Advances made in 2020 were not authorised by the Minister of

Finance. I therefore qualify my audit opinion as advances were not authorised in the manner required

by the Act.

Deposits

Section 47(5) of the Act states that, a deposit that is unclaimed for five years shall, subject to the

provisions of any law, cease to be a deposit and accrue to the Consolidated Fund but the Minister of

Finance may direct the refund of a deposit to a person who subsequently satisfies the Minister of Finance that that person is entitled to it. As documentation is not available to support all deposits, I

qualify my audit opinion as I have been unable to confirm whether deposits have been treated in

accordance with the Act.

Approval of Remissions

Section 18(4) of the Act states that: ‘a remission of a tax, fee or other amount…shall not exceed

$1,000 or such greater amount in any financial year as may be prescribed by regulation by the

Governor in Council with the approval of the House of Assembly.’

While remissions were approved by the Governor in Council, I was not provided with evidence of

approval by the House of Assembly for all remissions. I therefore qualify my audit opinion as

remissions were not authorised in the manner required by the Act.

Other Information

Management is responsible for the other information in the Report and Accounts of the Consolidated

Fund. The other information comprises the information included in the annual report other than the

financial statements and my auditor’s report thereon. The other information comprises the Accountant

General’s Report. My opinion on the financial statements does not cover the other information and,

except to the extent otherwise explicitly stated in my report, I do not express any form of assurance

conclusion thereon.

In connection with my audit of the financial statements, my responsibility is to read the other

information to identify material inconsistencies with the audited financial statements and to identify

any information that is apparently materially incorrect based on, or materially inconsistent with, the

knowledge acquired by me in the course of performing the audit. If I become aware of any apparent

material misstatements or inconsistencies, I consider the implications for my report.

Matters on Which I Report by Exception

With the exception of the issues raised in the basis of qualified opinion on regularity and basis for

qualified opinion on the financial statements, I have nothing to report in respect of the following

matters which I report to you if, in my opinion:

• adequate accounting records have not been kept; or

• the financial statements are not in agreement with the accounting records and returns; or

• I have not received all the information and explanations I require for my audit.

Responsibilities of Management and Those Charged with Governance for the

Financial Statements

As explained in the Statement of Responsibilities, Management is responsible for the preparation of

the financial statements that present fairly in accordance with Section 52 of the Act and the

appropriate Ministerial Direction. The Direction requires, inter alia, the accounts to comply with Part 1

of the International Public Sector Accounting Standard Financial Reporting under the Cash Basis of

Accounting. Management is also responsible for such internal control as management determines is

necessary to enable the preparation of financial statements that are free from material misstatement,

whether due to fraud or error.

In preparing the financial statements, management is responsible for assessing the Government of

Anguilla’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless management either intends to cease

operations or has no realistic alternative but to do so.

Those charged with governance are responsible for overseeing the Government of Anguilla’s financial

reporting process.

Auditor’s Responsibilities for the Audit of the Financial Statements

My objectives are to obtain reasonable assurance about whether the financial statements, as a whole,

are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report

that includes my opinion. Reasonable assurance is a high level of assurance but is not a guarantee

that an audit conducted in accordance with ISAs will always detect a material misstatement when it

exists. Misstatements can arise from fraud or error and are considered material if, individually or in the

aggregate, they could reasonably be expected to influence the economic decisions of users taken on

the basis of these financial statements. As part of an audit in accordance with ISAs, I exercise

professional judgment and maintain professional scepticism throughout the audit. I also:

• Identify and assess the risks of material misstatement of the financial statements, whether due to

fraud or error, design and perform audit procedures responsive to those risks, and obtain audit

evidence that is sufficient and appropriate to provide a basis for my opinion. The risk of not

detecting a material misstatement resulting from fraud is higher than for one resulting from error,

as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override

of internal control.

• Obtain an understanding of internal control relevant to the audit in order to design audit

procedures that are appropriate in the circumstances, but not for the purpose of expressing an

opinion on the effectiveness of the Government of Anguilla’s internal control.

• Evaluate the appropriateness of accounting policies used and the reasonableness of accounting

estimates and related disclosures made by management.

• Conclude on the appropriateness of management’s use of the going concern basis of accounting

and, based on the audit evidence obtained, whether a material uncertainty exists related to events

or conditions that may cast significant doubt on the Government of Anguilla’s ability to continue as

a going concern. If I conclude that a material uncertainty exists, I am required to draw attention in

my auditor’s report to the related disclosures in the financial statements or, if such disclosures are

inadequate, to modify my opinion. My conclusions are based on the audit evidence obtained up to

the date of my auditor’s report. However, future events or conditions may cause the Government

of Anguilla to cease to continue as a going concern.

• Evaluate the overall presentation, structure and content of the financial statements, including the

disclosures, and whether the financial statements represent the underlying transactions and

events in a manner that achieves fair presentation.

I communicate with those charged with governance regarding, among other matters, the planned

scope and timing of the audit and significant audit findings, including any significant deficiencies in

internal control that I identify during my audit.

I also provide those charged with governance with a statement that I have complied with relevant

ethical requirements regarding independence, and to communicate with them all relationships and

other matters that may reasonably be thought to bear on my independence, and where applicable,

related safeguards. Responsibilities for Regularity

The Accountant General is responsible for ensuring the regularity of financial transactions.

I am responsible for expressing an opinion on whether the receipts and payments have been applied

to the purposes intended by the House of Assembly and conform to the authorities which govern

them.

Richard Harries Audit Wales

Chief Auditor 1 Capital Quarter

Cardiff

CF10 4BZ

Date: 26 May 2026 United Kingdom Audit of Financial Statements Report –

Government of Anguilla

Audit years: 2019 & 2020

Date issued: July 2025 This document has been prepared for the internal use of the Government of Anguilla as part of work

performed in accordance with statutory functions and the letter of engagement between the

Government of Anguilla and the Wales Audit Office. Contents

As the Chief Auditor, I intend to issue a qualified audit report on your 2019 and 2020

financial statements. There are also further issues to report to you on both years prior to

the approval of the accounts, many of these are consistent with previous years and will

be reported until we have recovered the audit position.

Audit of Accounts Report

Introduction 4

Proposed Audit Opinion 5

Significant Issues Arising from the Audits 7

Recommendations 8

Independence and Objectivity 8

Appendices

Appendix 1 – Summary of Corrections Made 9

Page 3 of 10 - Audit of Financial Statements Report – Government of Anguilla Introduction

1 As the Chief Auditor, I am responsible, in accordance with the Financial

Administration and Audit Act (the Act) for providing an opinion on whether:

• the financial statements present fairly the financial position of the

Government of Anguilla’s Consolidated Fund as at 31 December 2019 and

as at 31 December 2020; and

• the receipts and payments have been applied to the purposes intended by

the House of Assembly and conform to the authorities which govern them.

2 I do not try to obtain absolute assurance that the financial statements are correctly

stated but adopt the concept of materiality. In planning and conducting the audit, I

seek to identify material misstatements in your financial statements, namely, those

that might result in a reader of the accounts being misled.

3 The quantitative levels at which I judge such misstatements to be material for the

Consolidated Fund for both years to be EC$2.5 million. Whether an item is judged

to be material can also be affected by certain qualitative issues such as legal and

regulatory requirements and political sensitivity.

4 International Standard on Auditing (ISA) 260 requires me to report certain matters

arising from the audit of the financial statements to those charged with governance

of a body in sufficient time to enable appropriate action.

5 This report sets out for consideration the matters arising from the audit of the

financial statements of the Consolidated Fund, for 2019 and 2020, that require

reporting under ISA 260 to the Permanent Secretary – Finance.

6 I have now completed the audit work on both the 2019 and 2020 financial

statements, and I summarise the findings from my audit in this report. I have

already discussed these issues with the Accountant General.

7 The certification of the 2019 and 2020 financial statements is coming shortly after

signing off the 2018 financial statements but is still some five years after the 2019

and 2020 year-ends. There are a number of reasons for this, including the impact

of the COVID19 pandemic and the fact that my team were unable to travel to the

island to complete audit work for two years. However, over the last twelve months

there has been considerable progress made by both the Government (the Treasury

and Finance Departments and the Internal Audit Service) and by my team to move

the audit process forward.

8 This report finalises stage one of my agreed recovery plan with the Government

where I agreed a plan to certify the 2018, 2019 and 2020 accounts in 2025. This

was to close the remaining audits under the ‘old contract’ and then stage two was

to agree a contract extension to complete the audit of the 2021, 2022, 2023 and

2024 financial statements by the Summer of 2027. This contract extension has

recently been finalised, and we are now planning to deliver stage two of the

recovery plan with key stakeholders during the next two years.

Page 4 of 10 - Audit of Financial Statements Report – Government of Anguilla 9 The Government and I are extremely keen to meet this recovery plan, and I will

work with the Government to facilitate the improvements needed to the accounts

and audit process to enable us to be in a position to certify accounts and report

issues on a timelier basis.

Proposed Audit Opinion

10 I intend to issue qualified audit opinions on both years (2019 & 2020) accounts

once you have provided me with a Letter of Representation covering 2019 and

2020.

11 I issue a ‘qualified’ audit opinion where I have material concerns about some

aspects of your accounts; otherwise, I issue an unqualified opinion. The majority of

these qualifications have rolled forward from previous years, cover both years

accounts and will be reported until we recover and review the audit position under

the contract extension.

12 The Letter of Representation contains certain confirmations I am required to obtain

from you under auditing standards along with confirmation of other specific

information you have provided to me during the audit.

13 My audit report is qualified in respect of matters outlined in Exhibit 1. All of these

qualifications are the same as in my report on previous years’ financial statements,

so whilst, given the timing of the audits and the accounts position, it is

disappointing to have qualified accounts, it is pleasing that there are no new

qualifications for 2019 and 2020. Going forward I will review and consider the

impact of these qualifications.

Exhibit 1: reasons for my qualified audit opinion for 2019 and 2020

Opinion qualified Reason for qualification

Regularity opinion – recurring qualification issues for 2019 and 2020

Taxes and Levies Taxes on International Trade

Tax rates for petroleum and diesel are different and were incorrectly

included in the Customs duties/taxes collection system. This means that

there could be under, or overpayment of taxes, and I am unable to quantify

the impact.

As a result, I was not able to obtain assurance that these taxes and levies

had been calculated in accordance with legislation.

Taxes and Levies • Property tax

• Accommodation tax

• Interim stabilisation levy

No reconciliations are undertaken between records held by other

departments, such as the Land and Survey Department’s register of

properties and records of businesses maintained by the Ministry of Finance.

Page 5 of 10 - Audit of Financial Statements Report – Government of Anguilla Opinion qualified Reason for qualification

As a result, I was not able to obtain assurance that these taxes and levies

had been calculated in accordance with legislation.

Authorisation of Reallocation and virement warrants have been authorised by the Permanent

reallocation and virement Secretary, rather than, as required by the Act, by the Minister of Finance.

warrants

One of the difficulties is that very large numbers of reallocation and virement

warrants are issued, often of small value. Consideration could therefore be

given to grouping together reallocations and virement, into a smaller number

of summary adjustments, which makes it more feasible for them to be

signed by the Minister.

Deposits Deposits over five years are not identified and added to the Consolidated

Fund as required by Section 47 of the Act.

I do note that some deposits relate to ongoing projects where it would not be

appropriate to add to the Consolidated Fund.

Advances Advances were not authorised by the Minister of Finance as required by

Section 46 of the Act.

Remissions While remissions were approved by Executive Council, I was not provided

with evidence of approval for by the House of Assembly for all remissions

over $1,000 as required by Section 18(4) of the Act.

Presents fairly opinion – recurring qualification issues for 2019 and 2020

Advances I was unable to obtain audit evidence to support the completeness,

accuracy, validity and recoverability of advances disclosed in the notes to

the accounts because:

• the Government does not keep records and reconciliations to support all

individual advances; and

• some advances appear to be inter-ministry/departmental transactions

which may not meet the definition of an advance

Deposits I was unable to obtain audit evidence to support the completeness,

accuracy, and validity of deposits disclosed in the notes to the accounts

because:

• the Government does not keep records and reconciliations to support

individual deposits; and

• some deposits appear to be inter-ministry/ department transactions

which may not meet the definition of a deposit.

Arrears of revenue I was unable to obtain audit evidence to support the completeness,

accuracy, and validity of arrears of revenue shown in the notes to the

accounts because:

• there are a lack of system prints to support all arrears declared by

departments - this is because systems are live, and in many cases,

reports cannot be retrospectively reproduced

• for transactions where system prints are available, individual balances at

31 December 2019 and 31 December 2020 cannot be fully supported as

there are constant changes in arrears and payments being received

Page 6 of 10 - Audit of Financial Statements Report – Government of Anguilla Opinion qualified Reason for qualification

• there are no reviews of collectability undertaken to establish whether the

arrears will ever be received by the Government; and

• there is a lack of pro-active chasing of arrears

Remissions, write-offs and The accounts do not disclose the information in respect of remissions, write-

settlements offs and settlements as required by Section 21 of the Act.

Significant Issues Arising from the Audit

Uncorrected misstatements

14 There is one uncorrected misstatement in the financial statements for both 2019

and 2020. At 31 December 2019 and 2020, the Government held a deposit of

XCD$1.235m with British American Insurance (BAI) which is shown in note 13 of

the 2019 and 2020 statements. BAI has been in liquidation since 2007. It is

currently estimated that depositors will recover up to 25% of the value of their

deposits and XCD$165,000 was received in 2018. Fiscal Reserve Deposits are

therefore overstated by up to XCD1.050million in both 2019 and 2020. The

Government have decided to refer to this in a post balance sheet event note rather

than adjusting the carrying value of the deposit.

15 If you decide not to correct this misstatement, I ask that you confirm in the letter of

representation that you concur with management’s reasons for not adjusting the

financial statements.

Corrected misstatements

16 There are misstatements that have been corrected by management for both 2019

and 2020, which I consider should be drawn to your attention due to their

relevance to your responsibilities over the financial reporting process. They are set

out with explanations in Appendix 1.

Other significant issues arising from the audit of the 2019 and

2020 financial statements

17 In the course of the audit, we consider a number of matters relating to the accounts

and report any significant issues arising to you. Given the timing of the audit and

the certification of 2019 and 2020, there were some consistent issues arising in

these areas for both 2019 and 2020.

18 My audit identified material weaknesses in your internal controls and

financial reporting processes. These issues contributed to the qualification

issues covered above. In addition, I have identified instances where Government

systems do not have appropriate updates when tax, levy or duty rates change.

Page 7 of 10 - Audit of Financial Statements Report – Government of Anguilla Whilst my opinion on the financial statements is not qualified in this regard, the

Government may not be collecting all of the revenue that it is legislatively able to.

19 I have encountered some difficulties during the audit. As indicated in the

qualification issues covered above, there are some gaps in the Government’s

records to support transactions and balances in the financial statements. In some

instances, the Government’s Treasury Department has been unable to obtain

information from other Ministries/Departments. In order to deliver the agreed

recovery plan and bring audits up to date, all Government departments will need to

support the completion of the audits by providing requested information on a timely

basis. My team and I will continue to provide engage with and provide support and

training to all officers.

Recommendations

20 I have previously raised recommendations arising from my audit, particularly in

respect of the areas of the financial statements that I have needed to qualify my

opinion on for several years. I have not repeated these recommendations in this

report as many of the recommendations relate to tax and levy streams that have

been replaced in 2022 by GST. However, I will be issuing an ‘end of contract’

report that may contain relevant recommendations/areas for improvement for

the Government to address for the 2021 – 2024 financial statements accounts

production and audit cycle.

21 As I have indicated above, I will work with the Government to address any

recommendations that continue to impact on future years’ financial statements, but

our collective effort will now focus on completing the accounts and audit process

on a timelier basis.

Independence and Objectivity

22 As part of the finalisation process, I am required to provide you with

representations concerning my, and the audit team’s, independence.

23 I have complied with ethical standards and in my professional judgment, I and the

audit team are independent, and our objectivity is not compromised. There are no

relationships between Audit Wales and the Government of Anguilla that I consider

could have an impact on our objectivity and independence.

Page 8 of 10 - Audit of Financial Statements Report – Government of Anguilla Appendix 1

Summary of Corrections Made for Both the 2019

and 2020 Accounts

During our audit we identified the following misstatements that have been corrected by

management, but which we consider should be drawn to your attention due to their

relevance to your responsibilities over the financial reporting process.

Summary of corrections made to the 2019 Financial Statements

Value of correction Nature of correction

Note 11 Advances and Note The notes were reformatted into categories to provide

12 Deposits more useful information for the reader of the accounts.

The overall balances remained the same.

Note 20 Statement of XCD1,777,000 was added to Customs Duties and XCD

Remissions, Write offs and 195,000 added to Alien Land Holding Licence

Settlements Exemptions as these were omitted in error.

XCD 1,777,000 Customs

Duties

XCD 195,000 Alien Land

Holding Licence

Various Narrative amendments and other lower value

amendments were made along with updates of prior year

comparative figures and rounding errors were corrected

to improve the quality of the accounts for the reader.

This includes correcting for the impact of amendments

made to the prior year accounts.

Page 9 of 10 - Audit of Financial Statements Report – Government of Anguilla Summary of corrections made to the 2020 Financial Statements

Value of correction Nature of correction

Note 11 Advances and Note The notes were reformatted into categories to provide

12 Deposits more useful information for the reader of the accounts.

The overall balances remained the same.

Note 20 Statement of XCD316,000 was removed from write offs included in the

Remissions, Write offs an d note as these were included in error.

Settlements

XCD 316,000

Various Narrative amendments and other lower value

amendments were made along with updates of prior year

comparative figures and rounding errors were corrected

to improve the quality of the accounts for the reader.

This includes correcting for the impact of amendments

made to the prior year accounts.

Audit Wales

Tel: 029 2032 0500

Fax: 029 2032 0600

Textphone: 029 2032 0660

E-mail: info@audit.wales

Website: www.audit.wales

Page 10 of 10 - Audit of Financial Statements Report – Government of Anguilla Government of Anguilla Report & Accounts - FY 2020

Annual Report and Financial Statements for

the Financial Year

2020 Government of Anguilla Report & Accounts - FY 2020

Table of Contents

STATEMENT OF RESPONSIBILITY

REPORT OF THE ACCOUNTANT GENERAL

Introduction

The FY 2020 Fiscal Review

The FY 2020 Budgeted Review

Recurrent Revenue

Recurrent Expenditure

Recurrent and Capital Balances

Variance between Revenue and Expenditure

Contribution to Fiscal Reserves

Capital Revenue

Capital Expenditure

Advances and Deposits

Public Debt and Contingent Liabilities

Loans Made From the Consolidated Fund

Arrears of Revenue

Arrears of Expenditure

Remissions, Write Offs and Settlements

Gifts

Acknowledgements Government of Anguilla Report & Accounts - FY 2020

NOTES TO THE ACCOUNTS

NOTE 1 – SUMMARY OF SIGNIFICANT ACCOUNTANT POLICIES

NOTE 2 – CASH AND CASH EQUIVALENTS

NOTE 3 – RECURRENT REVENUE COLLECTION BY MINISTRY

NOTE 4 – DETAILED STATEMENT OF RECURRENT REVENUE COLLECTION

NOTE 5 – RECURRENT EXPENDITURE BY MINISTRY

NOTE 6 – DETAILED STATEMENT OF RECURRENT PAYMENT

NOTE 7 – DETAILED STATEMENT OF CAPITAL RECEIPTS

NOTE 8 – DETAILED STATEMENT OF CAPITAL PAYMENTS

NOTE 9 – CONSOLIDATED FUND

NOTE 10 – LONG TERM LIABILITIES

NOTE 11 – ADVANCES

NOTE 12 – CASH AND CASH EQUIVALENTS

NOTE 13 – LOANS AND ADVANCES ISSUED

NOTE 14 – INVESTMENTS

NOTE 15 – CAPITAL ORIGINAL AND FINAL APPROVED BUDGET COMPARISON

NOTE 16 – STATEMENT OF PUBLIC DEBT FINANCED BY REVENUE

NOTE 17 – STATEMENT OF CONTINGENT LIABILITIES

NOTE 18 – STATEMENT OF LOANS MADE FROM THE CONSOLIDATED FUND

NOTE 19 – STATEMENT OF ARREARS OF REVENUE

NOTE 20 – STATEMENT OF REMISSION, WRITE OFFS AND SETTLEMENTS

NOTE 21 – STATEMENT OF GIFTS Government of Anguilla Report & Accounts - FY 2020

STATEMENT OF RESPONSIBILITY

The Annual Statement of Financial Statements has been prepared by the Accountant General in

accordance with the International Public Sector Accounting Standards (IPSAS) – Cash Basis,

and the Revised Statutes of Anguilla Chapter F27 - Financial Administration and Audit Act, 15

December 2010.

The Accountant General is responsible for the compilation and management of the accounts of

the Government, and for the custody and safety of public moneys and other resources of the

Government. He is responsible for establishing and maintaining a system of internal control

designed to provide reasonable assurance that the transactions recorded are within the authority,

and properly record the use of all public funds by the Government of the Anguilla.

In preparing these Reports and Accounts of the consolidated fund, the most appropriate

accounting policies have been consistently applied and supported by reasonable and prudent

judgments and estimates. To the best of my knowledge, the Report and Accounts of the

consolidated fund give a true and fair view of the state of affairs and surplus of the Government

of Anguilla for the financial year ended December 2020.

…………………………

Vonlee Harris (Mr.)

Accountant General

Treasury Department

Government of Anguilla

March 31, 2021 Government of Anguilla Report & Accounts - FY 2020

REPORT OF THE ACCOUNTANT GENERAL

Introduction

The preparation and maintenance of the Reports and Accounts of the consolidated fund of the

Government of Anguilla for the Fiscal year ended 31st December 2020 are guided by the

International Public Sector Accounting Standards (IPSAS) – Cash Basis, and the Revised Statutes

of Anguilla Chapter F27 - Financial Administration and Audit Act, showing the Law at 15

December 2010.

The Annual Statements of Public Accounts have been prepared using the modified cash basis of

accounting. The Annual Report is an essential element of the Public Accounts of Anguilla as it

illustrated the Government of Anguilla’s commitment to transparency and accountability of public

funds. These statements provide useful information that can be used in assessing the financial

activities of the Government during the year and its financial position. It is intended to meet the

needs of stakeholders including, taxpayers, members of the legislature, investors, creditors and the

public at large. Government of Anguilla Report & Accounts - FY 2020

At a Glance

Recurrent Revenue

Figures in XCD$’000

Recurrent Expenditure

Figures in XCD$’000 Government of Anguilla Report & Accounts - FY 2020

The FY 2020 Fiscal Review

The financial year 2020 has been a challenging year with the onset of the COVID-19 pandemic.

Although the pandemic gave the economy a devastating blow, the Government was able to

capitalize on the 2020 theme of “Building a Dynamic Economy”. As the Island and the

Government grappled with the fallout of COVID-19, the year ended negatively for the Government

of Anguilla as the Government experienced an overall deficit of XCD$22.4m. The year started

with positive growth trajectory as the Island experienced the highest tourist arrivals for the first

two months of the year, however, with the onset of the pandemic, the positive upward trajectory

took a turn for the worst as the global outbreak of COVID-19 not only affected the productivity in

the tourism industry but also all industries with the exemption of Health Services. The Government

of Anguilla recurrent revenue collections during the year 2020 underperformed by a marginal

XCD$130k, when compared to the 2019 revenue collections. However, when compared to

recurrent expenditure, 2020 expenditure was XCD $14.4m more than 2019 recurrent expenditures.

The aforementioned variances were attributed to the signing of a Memorandum of Understanding

(MOU) between the Government of the United Kingdom of Great Britain and Northern Ireland

acting through the Foreign and Commonwealth Office and the Government of Anguilla where both

parties agree to the receipt of Anguilla COVID-19 Emergency Financial Aid Programme. The

MOU was signed on the 11th of June 2020 with the expectation to receive a maximum of XCD

$100m in nine (9) tranches starting from 12th June 2020 and ending 31st December 2020. The

primary objective of the MOU was to help Government to maintain solvency, and to prevent

widespread social hardship and scaring of the economy.

When taking a holistic view of the total revenue which includes recurrent, capital and non-

budgeted revenues, the government experienced a deficit of XCD$22.4m. The deficit was mainly Government of Anguilla Report & Accounts - FY 2020

experienced in all areas of revenue collection; however, the biggest decline was in Duties that

collected XCD$71.4m in 2019 compared to XCD $44.6m in 2020. This loss in duties was reflected

in the government’s decision to grant duty free concessions on necessities and COVID-19 related

protection items to aid in the safeguarding and security of the citizen of the Island. Exemptions in

2019 were valued at XCD$1.0m while 2020 exemptions were XCD $6.7m. On the other side,

recurrent expenditure exceeded the 2019 recurrent expenditure of XCD $212.1m by XCD $14.3m.

This variance was due to the Government offering stimulus cheques to people in Anguilla who

became unemployed and statutory bodies who struggled to meet their obligations due to COVID-

19. Despite the economic impact due to COVID-19, the Government utilized measures and

initiatives to stay abreast with their debt obligations, reduced unnecessary expenditure and

increased revenue, the efforts reflected positively on the operations of the Government. This shows

that Government was committed in building and perpetuating a dynamic economy.

The FY 2020 Budgeted Review

On the 7th May 2020, the budget was passed, assented and came into effect at the House of

Assembly, which comprised of total expenditure of XCD $256.9m comprising of total recurrent

expenditure budget of XCD $241.4m and capital expenditure of XCD $15.5m. On the other

hand, revenue projections were objectively approved with the expectancy to accumulate a total

of XCD $292.9m which comprise of capital revenues of XCD $39.5m, and recurrent revenues of

XCD $253.4m.

FY 2020 Recurrent Revenue

In 2020, the Government of Anguilla’s recurrent revenue collections amounted to

XCD $233.9m, of which 67% or XCD $157.6m was from tax revenue as illustrated in Chart 1

below. Government of Anguilla Report & Accounts - FY 2020

The Government’s key revenue earners are Taxes on Domestic Good and Services, Taxes on

International Trade & Transactions, Fees, Fines and Permits and Duties which jointly amounted

to 52% or XCD $122.2m. In addition, Fees, fines and permits and Grants contributed to 30% of

non-tax revenue. Chart 2 and Table 1 below provides further analysis of revenue collections Government of Anguilla Report & Accounts - FY 2020

Table 1: Actual and Estimated Recurrent Revenue: 2019 - 2020

2020 2020 2020 2019 2020 vs 2019

Tax revenue Estimates Actual Difference Actual vs estimates Actual

XCD $ XCD $ XCD $ XCD $ % XCD $ %

Taxes on property $ 7,000 $ 7,202 $ 202 $ 8,459 3% $ (1,257) -15%

Taxes on Income $ 16,350 $ 13,930 $ (2,420) $ 16,812 -15% $ (2,881) -17%

Taxes on Domestic goods and services $ 60,327 $ 47,272 $ (13,056) $ 57,194 -22% $ (9,923) -17%

Licences $ 16,791 $ 14,291 $ (2,500) $ 16,895 -15% $ (2,604) -15%

Taxes, intl Trade and Transaction $ 41,300 $ 30,334 $ (10,966) $ 26,935 -27% $ 3,399 13%

Duties $ 68,001 $ 44,600 $ (23,400) $ 71,477 -34% $ (26,877) -38%

fees, fines and Permits $ 32,880 $ 28,599 $ (4,281) $ 29,329 -13% $ (731) -2%

Rent Interest and dividends $ 3,460 $ 1,172 $ (2,288) $ 2,398 -66% $ (1,226) -51%

ECCB profits $ - $ - $ - $ - 0% $ - 0%

Other revenue $ 7,345 $ 5,026 $ (2,319) $ 4,599 -32% $ 427 9%

Grants $ - $ 41,542 $ 41,542 $ - 0 $ 41,542 100%

Total $ 253,454 $ 233,969 $ (19,485) $ 234,099 -220% $ (130) -34%

As seen in Table 1 above, total recurrent revenue of XCD $233.9 million significantly

underperformed when compared with the projected revenue target of XCD $253.4 million by

XCD $19.4 million with the majority of the underperformance stemmed from Taxes on

Domestic Good and Service, Taxes on International Trade and Transactions and Duties. Of the

three highest underperformers, Duties was the highest as that area underperformed by XCD

$23.4m. When compared to total recurrent revenue for the fiscal year 2019, revenue also

experienced a decreased by XCD $130k. Although the overall variance is minor, Grant funding

as part of the MOU injected XCD$ 41.5m to recurrent revenue. Duties also underperformed

when compared to the 2019 actuals by 38%. Nonetheless, despite the effects of COVID-19 on

the economy, Taxes on Domestic Goods and Services and Duties continue to be the highest

revenue earners. Together they accounted for 39% of the total recurrent revenue for 2020.

Taxes, International Trade and Transaction in 2020 accounted for 13% of total government

earnings. Fines, fees and permits and Grants together represented 37% of earnings, contributing

19% and 18% respectively. Government of Anguilla Report & Accounts - FY 2020

The analysis of the Non-recurrent revenues is presented below:

Table 2: Total Non-Recurrent Revenues: 2019 - 2020

2020 2019

Non-Recurrent Revenues Actual Actual

XCD $000 XCD $000

Capital Revenue $ 10,282 $ 16,785

Increase in deposits $ 535 $ 5,036

Decrease in Advances $ - $ 807

Increase on Fiscal Reserves $ (3)

Increase in Advances $ (4,126) $ -

Proceeds from loans $ 3,292 $ 1,675

Total Non-Recurrent Revenues $ 9,984 $ 24,299

The revenue collected for the year 2020 as capital revenue comprised of funds distributed from

the European Development Fund, UKG Development Aid, local revenue and settlement on

insurance claims for government assets.

FY 2020 Recurrent Expenditure

The recurrent expenditure for the year 2020 was XCD $226.5 million, which represents a

favorable savings in expenditure of XCD $14.4 million when compared to the original approved

budget. However, when compared to the year 2019, expenditure was higher by XCD $14.3

million in 2020. The Total expenditure and the details of payments are analyzed below.

Table 3: Total Recurrent Expenditure by Type of Expenditure: 2020 - 2019

2020 2020 2019 2020 2020 vs 2019

Recurrent Expenditure Estimates Actual Actual Actual vs estimate Actual

XCD $ XCD $ XCD $ XCD $ % XCD $ %

Personal Emoluments $ 85,690 $ 83,999 $ 84,243 $ (1,691 -2% $ (244 0%

Goods & Services $ 51,657 $ 49,285 $ 44,816 $ (2,372 -5% $ 4,469 10%

Transfers & Subsidies $ 62,057 $ 57,303 $ 53,234 $ (4,754 -8% $ 4,069 8%

Social Services $ 18,524 $ 15,234 $ 6,468 $ (3,290 -18% $ 8,766 136%

Other Expenditure $ 3,764 $ 3,618 $ 4,546 $ (146 -4% $ (927 -20%

Special Expenditure $ 19,244 $ 17,067 $ 18,776 $ (2,177 -11% $ (1,710 -9%

Restricted Expenditure $ 64 $ 61 $ 93 $ (4 -6% $ (32 -35%

Total $ 241,001 $ 226,566 $ 212,176 $(14,435) -6% $ 14,390 7% Government of Anguilla Report & Accounts - FY 2020

Table 4 below depicts actual recurrent expenditure by each Ministry:

Table 4: Actual and Estimated Recurrent Expenditure by Ministry: 2020 - 2019

Recurrent Expenditure 2020 2020 2019 2020 2020 vs 2019

MINISTRY Estimate Actual Actual Actual vs estimates Actual

XCD $ XCD $ XCD $ XCD $ % XCD $ %

GOV $ 26,479 $ 25,553 $ 25,537 $ (926 -3% $ 16 0%

MHA $ 38,423 $ 38,240 $ 39,391 $ (183 0% $ (1,151 -3%

MOF $ 95,678 $ 87,073 $ 83,696 $ (8,606 -9% $ 3,377 4%

MSD $ 54,061 $ 52,419 $ 49,143 $ (1,642 -3% $ 3,276 7%

MICU $ 26,360 $ 23,282 $ 14,410 $ (3,079 -12% $ 8,872 62%

TOTAL $ 241,001 $ 226,566 $ 212,176 $ (14,435 %-6 $ 14,390 7%

Recurrent and Capital Balances

Capital revenue and expenditure in Table 5 and Graph 2 below depicts that the Government of

Anguilla’s capital receipts favorably and significantly exceeded capital expenditure for both

2020 and 2019. Government of Anguilla Report & Accounts - FY 2020

Table 5: Variance between Capital and Recurrent Revenue and Expenditure

Actual Actual Actual

Variance between XCD $000 XCD $000 XCD $000

Revenue and Expenditure

2020 2019 2020 vs 2019

Capital Revenue $ 10,282 $ 16,785 $ (6,502)

Capital Expenditure $ 8,264 $ 10,087 $ (1,823)

Recurrent Revenue $ 233,969 $ 234,099 $ (130)

Recurrent Expenditure $ 226,566 $ 212,176 $ 14,390

For the year 2020, recurrent and capital expenditure equaled XCD $234.8 million. However,

capital and recurrent revenue equaled XCD $244.2 million, which generated a surplus of XCD

$9.4 million. Table 5 above reflects the overall performance of both the capital and recurrent

revenue and expenditure for the fiscal years 2020 and 2019.

Graph 2 below compares total recurrent revenue to total recurrent expenditure over a five (5)

year period (2016 – 2020). Government of Anguilla Report & Accounts - FY 2020

Graph 2: Comparison of Recurrent Revenue and Recurrent Expenditure 2016 -2020

As depicted by Graph 2 above, recurrent revenue had a minor decrease of XCD$130k in 2020

when compared to 2019. From the graph, it can be observed that recurrent revenue steadily rose

over the past years. Expenditure also rose comparatively over the same period; however, as it

took a significant jump in 2019, 2020 expenditures were very close due to expenditure

limitations and restrictions on increasing recurrent expenditures. Recurrent revenue fell below

recurrent expenditure by 3%.

Contribution to Fiscal Reserves

Fiscal Reserves are held by the Government of Anguilla as a means of managing cash flow given

the changes in the economic climate. This also is a requirement as per the Borrowing Guidelines

agreed with the United Kingdom Government.

At the end of 2020, the Government of Anguilla ended with fiscal reserves totaling XCD $1.6

million, compared to XCD $1.6 million in 2019. Due to ripple effect of COVID-19, and meeting

debt amortization payments, the Government of Anguilla had difficulties in replenishing those Government of Anguilla Report & Accounts - FY 2020

reserves when cash savings were realized. The Government found it more important to provide

stimulus cheques and support to the population of Anguilla.

Capital Revenue

The Government of Anguilla realized capital revenue during the 2020 period totaling XCD $10.2

Million. These funds were contributed from the European Development Fund, UKG Development

aid, insurance claims settlement and local revenue.

Capital Expenditure

Total Capital expenditure for 2020 amounted to $8.2m, which was spent between four (4)

ministries whose projects aided in the further development of the Island and operations of the

Government.

The Ministry of Home Affairs, Natural Resources and Tourism (MHA) accounted for $3.2m or

39% of the capital expenditure for 2020. The largest spending capital programmes was the

Anguilla Community which consumed a total of XCD $3.1m for the period 2020.

The Ministry of Finance and Economic Development (MOF) accounted for $2.7m or 33% of the

capital expenditure for 2020.The two largest spending capital programmes under the Ministry of

Finance and Economic Development were the IT equipment, and furniture and equipment, each

of which totaled $1.6m for the period.

The Ministry of Social Services (MSD) accounted for $0.2m or 3% of the capital expenditure for

2020.The largest and only spending capital programmes under the Ministry of Social Services

was the development of the schools playing fields.

The Ministry of Infrastructure Communications and Utilities (MICU) accounted for $2.0m or

24% of the capital expenditure for 2020. The largest spending capital programmes was the Government of Anguilla Report & Accounts - FY 2020

Renovation of Government of Anguilla buildings and the replacement of Government vehicles

which consumed a total of XCD $1.8m for the period 2020.

Table 6 below illustrates the breakdown by Ministry of locally funded capital expenditure for the

2020 fiscal year.

Table 6: Actual and Estimated Locally Funded Capital Expenditure: 2019– 2020

2020 2020 2019

Ministry Estimate Actual Actual

XCD $ XCD $ XCD $

Public Admin $ - $ - $ -

MHA $ 3,252 $ 3,252 $ 2,653

MOF $ 4,101 $ 2,757 $ 4,369

MSD $ 234 $ 234 $ 93

MICU $ 2,978 $ 2,020 $ 2,972

Total $ 10,566 $ 8,264 $ 10,087

Advances and Deposits

The Advances and Deposits accounts are used for temporary transactions which cannot be

charged to an appropriation account or which by virtue of their purpose must be kept separate

from the appropriation accounts. Both deposits and advances are classified under three broad

headings namely, Public Officers (Departmental), Individuals and Other Governments and

International Organizations.

Advances are reimbursable payments made by the Government of Anguilla. Advances increased

from XCD $291.0m in 2019 to XCD $295.2m in 2020. The bulk of the advances arise from the

XCD$214 million promissory note and the banking resolution.

Deposits increased by XCD $0.5m in 2020. These deposits mainly comprise amounts attributable

to the Department of Commercial Registry, the Department of Land and Surveys, the Labor Government of Anguilla Report & Accounts - FY 2020

Department, and the Treasury Department, which together accounted for XCD $18.3m of all

deposits totaling XCD $23.1m held by the Government of Anguilla.

Public Debt and Contingent Liabilities

The long term liabilities of the Government of Anguilla are composed of both foreign and

domestic debt. Long term debt significantly decreased from $467.9m in 2019 to $439.7m in

2020. Foreign debt decreased from XCD$200.2m in 2019 to $186.2m in 2020. Additionally,

domestic debt also decreased from $267.7m in 2019 to $253.4m in 2020. During the year 2020,

the Government paid XCD$17.3 million in foreign debt and XCD$14.2 million in domestic debt.

However, the Government also acquired XCD$3.2million for the Anguilla Community College

Development Project. Contingent liabilities for the year consisted of loans to third parties such as

the Caribbean Development Bank, The Anguilla Tourist Board, Anguilla Roads & Construction

& WWR and the Anguilla Development Board. At the end of 2020 Government’s guaranteed

debt showed $4.7m, revealing a 29% decrease from the 2019 figure of $6.6m.

Table 7: Public Debt

Oustanding Public Debts

Loan Balances Repayments New Loans Loan Balances

2020 during the year during the year 2019

Foreign 186,225 17,334 3,292 200,268

Domestic 253,481 14,224 - 267,706

Total outstanding public debt 439,707 31,559 3,292 467,974

Loans Made From the Consolidated Fund

New student and medical loans significantly increased by XCD $1.1 million overall. Medical

treatment overseas experienced the highest as it increased by XCD $1.1m while student bonds

increased slightly by XCD $28k. Student and medical loans increased from $1.2m in 2019 to Government of Anguilla Report & Accounts - FY 2020

$2.3m in 2020. The student loans represent students who breached the scholarship terms and

conditions, whilst the medical loans are for medical treatment overseas.

Arrears of Revenue

Arrears of Revenue increased slightly from $79.7 million in 2019 to $80.3 million in 2020. This

increase was attributed largely to unpaid Accommodation Tax, Property Taxes, Audit Penalties,

Student Bonds, Medical Loans and Customs Bonds.

Remissions, Write Offs and Settlements

Exemptions from Custom Duties and Alien Land Holding License by the Government of

Anguilla increased significantly from $1.0 million to 6.7 million. This largely was attributed to

exemptions granted upon the importation of goods by hoteliers. The Government of Anguilla

wrote off XCD$537k for The Health Authority of Anguilla for monies owed during the period

2017-2020.

Gifts

There was a significant decrease in the value of gifts made to the Government in 2020. In 2019,

the Government received XCD $608k in gifts, however in 2020, gifts were XCD $187k. The

larger gifts were made to the Department of Social Development, Youth and Culture, Probation,

and Education with smaller donations to A.L.H.C.S, Disaster and Library. Government of Anguilla Report & Accounts - FY 2020

Acknowledgements

I wish to thank the employees of the Treasury Department, the Ministry of Finance and DITES for

assisting in the completion of the 2020 financial report.

…………………………

Vonlee Harris (Mr.)

Accountant General

Treasury Department

Government of Anguilla

March 31, 2021 Government of Anguilla Report & Accounts - FY 2020 Government of Anguilla Report & Accounts - FY 2020 GOVERNMENT OF ANGUILLA 2020

Statement No. 1 - Statement of financial

performance for the financial year ended 31st

December 2020

Fiscal Year Ended Fiscal Year Ended

31-Dec-20 31-Dec-19

NOTES XCD $000 XCD $000

Revenue

Recurrent Revenue

Property tax 3 7,202 8,459

Taxes on Income 3 13,930 16,812

Taxes on Domestic Goods and Services 3 47,272 57,194

Taxes on International Trade and 3 30,334 26,935

Licences 3 14,291 16,895

Duties 3 44,600 71,477

Fees, Fines & Permits 3 28,599 29,329

Rents, Interest & Dividends 3 1,172 2,398

ECCB Profits 3 - -

Other Revenue 3 5,026 4,599

Grants 3 41,542

Total Recurrent Revenue Collected 233,969 234,099

Other Revenue Receipts

Proceeds from Loans 17.1 3,292 1,675

Local Capital Revenue 7 10,282 16,785

Increase in Deposits 13 535 5,036

Decrease in Advances 12 - 807

Drawdown on Fiscal Reserves 14.1 - -

Total Other Revenue receipts 14,110 24,302

Total Revenue Received 248,078 258,401

Operating Expenditure

Recurrent Expenditure

Personal Emoluments 5 (83,999) (84,243)

Goods and Services 5 (49,285) (44,816)

Transfers and Subsidies 5 (57,303) (53,234)

Other Cost Items

Loan Repayments 17.1 (31,559) (28,202)

Special Expenditure 5 (17,067) (18,776)

Social Services 5 (15,234) (6,468)

Other Expenditure 5 (3,679) (4,638)

Deposits paid 13 - -

Increase in Advances 12 (4,126) -

Increase in Fiscal Reserves 14.1 - (3)

Total Recurrent Expenditure (71,664) (58,088)

Development Fund (Capital Projects) Expenditure

Capital Expenditure 8 (262,251) (240,381)

(8,264) (10,087)

Total Operating Expenditure (270,515) (250,468)

Suplus/Deficit) for the period (22,437) 7,932

Attributed to:

Consolidated Fund 1-2. (22,437) 7,932

AXA FY2020

Annual Public Accounts GOVERNMENT OF ANGUILLA 2020

Statement No. 2

Government of Anguilla Consolidated Financial

Statements Statement of Cash Receipts and

Payments for Year Ending 31st December 2020

2020 2019

RECEIPTS Note XCD$000 XCD$000

Receipts/ Receipts/

(Payments) (Payments)

Description Actual Actual

Tax Revenue

Property tax 3 7,202 8,459

Interim Stabilization Levy 3 13,930 16,812

Taxes on Domestic Goods and Service 3 47,272 57,194

Taxes on International Trade and

Transactions 3 30,334 26,935

Licences 3 14,291 16,895

Duties 3 44,600 71,477

157,629 197,772

Non-Tax Revenue

Fees, Fines & Permits 3 28,599 29,329

Rents, Interest & Dividends 3 1,172 2,398

ECCB Profits 3 - -

Other Revenue 3 5,026 4,599

Grants 3 41,542

76,339 36,327

Loans

Proceeds from Loans 17.1 3,292 3,292 1,675 1,675

Capital Receipts

Local Capital Revenue 7 10,282 10,282 16,785 16,785

Non-budget Items

Increase in Deposits 13 535 5,036

Decrease in Advances 12 - 807

Drawdown on Fiscal Reserves 14.1

535 5,843

Total Receipts 248,078 258,401

AXA FY2020

Annual Public Accounts GOVERNMENT OF ANGUILLA 2020

2020 2019

PAYMENTS Note XCD$000 XCD$000

Receipts/ Receipts/

(Payments) (Payments)

Description Actual Actual

Operations

Personal Emoluments 5 (83,999) (84,243)

Goods and Services 5 (49,285) (44,816)

(133,284) (129,059)

Transfers

Transfers and Subsidies 5 (57,303) (57,303) (53,234) (53,234)

Loans and Interest Repayments

Loan Repayments 17.1 (31,559) (28,202)

Special Expenditure 5 (17,067) (18,776)

(48,625) (46,978)

Capital Payments

Capital Expenditure 8 (8,264) (8,264) (10,087) (10,087)

Social Services Payments

Social Services 5 (15,234) (15,234) (6,468) (6,468)

Other Payments

Other Expenditure 5 (3,679) (3,679) (4,638) (4,638)

Non-budget Items

Deposits paid 13 -

Increase in Advances 12 (4,126)

Increase in Fiscal Reserves 14.1 - (3)

(4,126) (3)

Total Payments (270,515) (250,468)

NET RECEIPTS/(PAYMENTS) (22,437) 7,932

Cash at beginning of year 2 7,901 (32)

Increase / (Decrease) in Cash (22,437) 7,932

Cash at end of year 2 (14,536) 7,901

AXA FY2020

Annual Public Accounts GOVERNMENT OF ANGUILLA 2020

Statement No. 3

Government of Anguilla

Statement of Assets and Liabilities

As at 31st December 2020

2020 2019

NOTE XCD$000 XCD$000 XCD$000

ASSETS

Cash and Bank 7,901

Advances 12 354,613 350,833

Fiscal Reserve Deposits 14 1,617 1,617

TOTAL ASSETS 356,231 360,351

LESS

LIABILITIES ( less than one year)

Cash and Bank 2 (14,536)

Deposits 13 (23,185) (22,995)

(37,721) (22,995)

NET CURRENT ASSETS / (LIABILITIES) 318,510 337,357

LONG TERM LIABILITIES

Domestic Loans 11/17 (186,225) (200,268)

Foreign Loans (253,481) (267,706)

(439,707) (467,974)

NET ASSETS / (LIABILITIES) (121,197) (130,617)

REPRESENTED BY:

GOVERNMENT EQUITY

Consolidated fund 10 (121,197) (130,617)

(121,197) (130,617)

(121,197) (130,617)

…………………… …..

Mr V. Harris

Accountant General

December 31, 2021

AXA FY2020

Annual Public Accounts GOVERNMENT OF ANGUILLA 2020

Government of Anguilla

Consolidated Statement of Cash

Flows for the Year Ended

December 31, 2020

Financial year Financial year

Ended Ended

31-Dec-20 31-Dec-19

XCD $ XCD $

CASH FLOWS FROM OPERATING ACTIVITES

Taxation 157,629 197,772

Non-tax revenue and other 76,339 36,327

Capital Expenditure Payments (8,264) (10,087)

Capital Revenue (18,913) 16,785

Other recurrent expenditure payments (4,126) (11,107)

Incease in Advances (57,303)

Transfers - Payments (133,284) (53,234)

Operations - Payments (129,059)

Net Cash Flows from Operating Activities 12,079 47,396

CASH FLOWS FROM INVESTING ACTIVITIES

Increase in short term deposits 535 5,036

Net Decrease in Loans and Advances Issued - 807

Fiscal Reserve - (3)

Loan repayments and Loan Interest 10,282 (46,978)

(48,625)

Net Cash flow from Investing Activities (37,808) (41,138)

CASH FLOWS FROM FINANCING ACTIVITIES

Receipt of Foreign Debt - -

Deposit payments - -

Receipt of Domestic Debt 3,292 1,675

Net Cash flow from Financing Activities 3,292 1,675

NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS (22,437) 7,932

CASH AND CASH EQUIVALENTS AT BEGINNIN G OF YEAR 7,901 (32)

CASH AND CASH EQUIVALENTS AT END OF Y EAR (14,536) 7,901

AXA FY2020

Annual Public Accounts GOVERNMENT OF ANGUILLA 2020

NOTES TO THE FINANCIAL STATEMENTS

Note 1: Accounting Policies

1.1 Basis of Preparation

The Statement of Accounts for the Government of Anguilla is prepared using the

International Public Sector Accounting Standards (IPSAS). The Government of

Anguilla is compliant with Part 1 of IPSAS Cash Basis. The presentation of

accounts is also governed by the Revised Statutes of Anguilla, Chapter F27,

Financial Administration and Audit Act.

The cash basis of accounting recognises transactions and events only when cash

(including cash equivalents) is received or paid by the entity. The Financial

Statements prepared under the cash basis provide information about the sources

of cash raised during the period, the purpose for which cash was used, and the

cash balance at the reporting date.

In these financial statements, Note 9-15 (Statement of Assets and Liabilities, plus

notes) and Note 18-22 (Statement of Contingent Liabilities and notes) are

prepared in accordance with the requirements of the Financial Administration and

Audit Act referred to above and not for the purposes of the disclosure of Assets

and Liabilities and other disclosures within the meaning of Part 2 of Cash based

IPSAS.

1.2 Reporting entity

The Government of Anguilla is a Public Sector organisation that operates within

Anguilla.

The financial statements are prepared by the Treasury Department of Anguilla

for and on behalf of the Government of Anguilla.

The consolidated financial statements for the Government include five

Government Ministries:

H E The Governor

Ministry of Home Affairs, Lands & Physical Planning

Ministry of Finance, Economic Development, Investment, Commerce &

Ministry of Social Development

Ministry of Infrastructure, Communications, Utilities, Agriculture & Fisheries

The accounts of Statutory Bodies and other entities in which the Government of

Anguilla has an interest are not consolidated within the Statement of Accounts.

The bodies and other entities are governed by specific legislation which requires

that their financial results are accounted for and published separately and are

outside of the consolidation boundary for these financial statements as interpreted

by the Government of Anguilla.

AXA FY2020

Annual Public Accounts GOVERNMENT OF ANGUILLA 2020

1.3 Restructuring of Departments

The restructuring of Government Departments refers to the movement of

Departments between Ministries.

1.4 Reporting Currency

The reporting currency is Eastern Caribbean Dollars (XCD$).

Notes 3-8 set out receipts and payments by Ministry and Department, due to the

compilation method of these notes, there are some minor roundings in totals as

they are rounded by the nearest thousand. This does not have a significant impact

for the reader of the accounts.

1.5 Foreign Currency Transactions

The Government operates bank accounts, makes payments and receives income

in foreign currencies: the most predominant of these being the US dollar. All

transactions made or balances held in these currencies are converted into XCD

dollars for the purposes of these accounts at the exchange rate at the date of the

transaction or at the exchange rate at 31 December whichever is appropriate. Any

gains or losses resulting from such transaction of balance are accounted for in the

financial statements.

1.6 Cash Receipts and Payments

Cash receipts include revenue collected from the recurrent and capital accounts.

Cash Payments include expenditure related to the recurrent and capital

accounts.

Under Cash basis IPSAS cash receipts and cash payments may be reported on

a net basis where they either (a) arise from transactions recognized in the

Statement of Cash Receipts and Payments which are administered on behalf of

other parties, or (b) are for items in which the turnover is quick, the amounts large,

and the maturities short. These financial statements report movements in

Advances and Deposits as disclosed in Note 12 and 13 in the Statement of Cash

Receipts and Payments. In addition, non cash movements for write offs and other

adjustments relating to Advances and Deposits have not been separately

identified and have been reported within the Statement of Cash Receipts and

Payments.

These financial statements do not eliminate intra departmental and Ministry cash

transactions and both actual transactions and estimates are prepared on this

basis. This is a departure from cash basis IPSAS disclosure requirements.

1.7 Authorised for Issue

The financial statements were authorised for issue by the Accountant General

on the date that the Chief Auditor of Anguilla signs the audit certificate. The

authorised date for issue is 04th July 2025.

AXA FY2020

Annual Public Accounts GOVERNMENT OF ANGUILLA 2020

Note 2: Cash and Bank

Balances held in the name of the Government both in Anguilla and Internationally

are disclosed by the type and purpose of the account. When the Account refelects

a positive balance it is reflected as an asset in the Financial Statements. A

negative balance represents a liability in the form of a Bank Overdraft, which is

treated as a component part of cash.

Cash comprises of cash in hand, imprest accounts, main bank accounts, deposit

accounts and departmental accounts.

Cash included in the Statement of Cash Receipts and Payments

CONSOLIDATED FUND

2020 2019

XCD$000 XCD$000

Cash in Hand (29) (29)

Cash Imprest 0 0

(29) (29)

Main Bank Accounts (19,592) (16,607)

Crown Agents bank Account 10 10

10 10

Deposit Accounts 3,736 5,905

Departmental Bank Accounts 1,339 18,622

Total Cash and Cash Equivalents (14,536) 7,901

Note 2(B): Assets Held on Behalf of Third Parties

Department XCD XCD

2020 2019

Department of Social Welfare $ 33,438.92 $ 49,459.76

Post Office USD A/C $ 215,904.48 $ 144,619.38

Post Office XCD A/C $ 28,331.02 $ 23,499.59

Education Department $ 36,233.36 $ 114,765.41

Depositers Protection Trust $ 7,036,008.79 $ 7,485,544.70

Total Cash held on behalf of third parties $ 7,349,916.57 $ 7,817,888.84

AXA FY2020

Annual Public Accounts GOVERNMENT OF ANGUILLA 2020

Note 3: Summary of Recurrent Receipts by Ministry

2020 2019

Account Description Budget Receipts Surplus

(Shortfall) Actual

XCD$000 XCD$000 XCD$000 Receipts 2020 vs

2019

A Total Ministry XCD$000 XCD$000

110 Taxes on Property 7,000 7,202 202

112 Taxes on Income 16,350 13,930 (2,420) 8,459 (1,257)

115 Taxes on Domestic Goods and 60,327 47,272 (13,056) 16,812 (2,881)

Services

120 Licences 16,791 14,291 (2,500) 57,194 (9,923)

125 Taxes, Intl Trade and Transactions 41,300 30,334 (10,966) 16,895 (2,604)

130 Duties 68,001 44,600 (23,400) 26,935 3,399

135 Fees, Fines and Permits 32,880 28,599 (4,281) 71,477 (26,877)

140 Rent Interest and Dividends 3,460 1,172 (2,288) 29,329 (731)

145 ECCB Profits - - - 2,398 (1,226)

150 Other Revenue 7,345 5,026 (2,319) - -

160 Grants - 41,542 41,542 4,599 427

253,454 233,969 (19,485) - 41,542

234,099 (130)

Surplus Actual

Account Description Budget Receipts (Shortfall) Receipts 2020 vs

2019

XCD$000 XCD$000 XCD$000 XCD$000 XCD$000

B Analysed by Ministry

H E The Governor

120 Licences 40 202 162 236 (34)

135 Fees, Fines and Permits 290 597 307 1,184 (587)

140 Rent Interest and Dividends 0 0

150 Other Revenue 0 288 287 308 (21)

330 1,087 757 1,729 (642)

Ministry of Home Affairs. Lands and Physical Planning and Environment

112 Taxes on Income - - - 343 (343)

115 Taxes Domestic Goods & Sevices - - - - -

120 Licences 45 - (45) - -

135 Fees, Fines and Permits 145 4,011 3,866 5,970 (1,960)

140 Rent Interest & Dividends - 7 7 6 1

150 Other Revenue 323 241 (82) 204 37

513 4,259 3,746 6,523 (2,264)

Ministry of Finance, Economic Development, Investment, Commerce & Tourism

110 Taxes on Property 7,000 7,202 202 8,459 (1,257)

112 Taxes on Income 16,350 13,930 (2,420) 16,469 (2,539)

115 Taxes on Domestic Goods and

Services 60,327 39,852 (20,475) 50,161 (10,309)

120 Licences 16,143 5,368 (10,775) 7,046 (1,678)

125 Taxes, Intl Trade and Transactions 41,300 30,334 (10,966) 26,935 3,399

130 Duties 68,001 44,600 (23,400) 71,477 (26,877)

135 Fees, Fines and Permits 31,612 23,365 (8,248) 21,556 1,809

140 Rent Interest and Dividends 3,435 1,149 (2,287) 2,377 (1,228)

145 ECCB Profits 0 - (0) - -

150 Other Revenue 6,987 4,393 (2,593) 3,958 435

160 Grants - 41,542 41,542 - 41,542

251,156 211,736 (80,962) 208,438 3,298

AXA FY2020

Annual Public Accounts Ministry of Social Development

115 Taxes Domestic Goods & Services - 7,419 7,419 7,033 387

120 Licences 410 163 (247) 213 (50)

135 Fees, Fines and Permits 819 615 (205) 606 9

140 Rent Interest and Dividends - - - - -

150 Other Revenue 24 27 3 51 (24)

1,253 8,224 6,971 7,903 321

Ministry of Infrastructure, Communication, Ut ilities, Agriculture & Fisheries

120 Licences 152 8,558 8,406 9,400 (842)

135 Fees, Fines and Permits 13 12 (2) 13 (2)

140 Rent Interest and Dividends 25 16 (8) 15 1

150 Other Revenue 11 77 66 77 (0)

202 8,663 8,461 9,506 (843)

Total 253,454 233,969 (61,028) 234,099 (130)

AXA FY2020

Annual Public Accounts GOVERNMENT OF ANGUILLA 2020

Note 4: Detailed Statement of Consolidated Fund Receipts

Note4.1: H. E. The Governor

2020 2019

Account Description Budget Receipts Surplus Receipts Actual

(Shortfall) 2020 vs 2019

XCD$000 XCD$000 XCD$000 XCD$000 XCD$000

A Total Ministry

120 Licences 40 202 162 236 (34)

135 Fees, Fines and Permits 290 597 307 1,184 (587)

140 Rent Interest and Dividend - 0 - 0 -

150 Other Revenue 0 288 287 308 (21)

330 1,087 757 1,729 (642)

Account Description Budget Receipts Surplus Receipts Actual

(Shortfall) 2020 vs 2019

XCD$000 XCD$000 XCD$000 XCD$000 XCD$000

B Analysed by Department

100 Department of Public Administration

135 Fees, Fines and Permits 200 108 (92) 202 (94)

140 Rent Interest and Dividends - 0 - 0 -

150 Other Revenue - 238 238 242 (4)

200 346 146 445 (98)

200 Royal Anguilla Police Force

120 Licences - 195 195 192 3

135 Fees/ Fines/ Permits - 118 118 189 (70)

150 Other Revenue - 29 29 42 (13)

- 343 343 423 (80)

250 Administration Judicial

120 Licences 40 7 (33) 44 (37)

135 Fees/ Fines/ Permits 90 371 281 793 (423)

150 Other Revenue 0 20 20 24 (4)

130 398 268 862 (463)

Ministry Total 330 1,087 757 1,729 (642)

AXA FY2020

Annual Public Accounts GOVERNMENT OF ANGUILLA 2020

Note 4.2: Ministry of Home Affairs, Lands, and Physical Planning and Environment

2020 2019

Surplus Actual

Account Description Budget Receipts (Shortfall) Receipts 2020 vs

2019

XCD$000 XCD$000 XCD$000 XCD$000 XCD$000

Total Ministry

112 - - - 343 (343)

115 - - - - -

120 45 - (45) - -

135 145 4,011 3,866 5,970 (1,960)

140 - 7 7 6 1

150 323 241 (82) 204 37

513 4,259 3,746 6,523 (2,264)

Surplus Actual

Account Description Budget Receipts (Shortfall) Receipts 2020 vs

2019

XCD$000 XCD$000 XCD$000 XCD$000 XCD$000

Analysed by Department

351 Department of Immigration

135 Fees/ Fines/ Permits - 1,395 1,395 2,064 (669)

- 1,395 1,395 2,064 (669)

352 Department of Information and Br oadcasting

120 Licences 45 - (45) - -

150 Other Revenue 280 235 (45) 197 38

325 235 (90) 197 38

353 Department of Agriculture

135 Fees/ Fines/ Permits - - - - -

140 Rent Interest and Dividends - - - - -

150 Other Revenue 43 - (43) - -

43 - (43) - -

359 Department of Education

112 Taxes on Income - - - 343 (343)

135 Fees/ Fines/ Permits 55 16 (39) 168 (151)

140 Rents/Interest & Dividends - 7 6 1

150 Other Revenue - 1 1 1 (0)

55 24 (38) 518 (493)

355 Department of Labour

135 Fees/ Fines/ Permits - 2,600 2,600 3,739 (1,139)

150 Other Revenue - 0 0 1 (0)

- 2,600 2,600 3,740 (1,140)

AXA FY2020

Annual Public Accounts 360 Library Services

115 Taxes Domestic Goods & Services - - - - -

135 Fees/ Fines/ Permits - - - - -

150 Other Revenue - 5 5 5 0

- 5 5 5 0

357 Department of Physical Planning

135 Fees/ Fines/ Permits 90 - (90) - -

150 Other Revenue - - - - -

90 - (90) - -

Ministry Total 513 4,259 3,738 6,523 (2,264)

AXA FY2020

Annual Public Accounts GOVERNMENT OF ANGUILLA 2020

Note 4.3: Ministry of Finance, Economic Development, Investment, Commerce Tourism

2020 2019

Account Description Budget Receipts Surplus Receipts Actual

(Shortfall) 2020 vs 2019

XCD$000 XCD$000 XCD$000 XCD$000 XCD$000

Total Ministry

110 Taxes on Property 7,000 7,202 202 $ 8,459 (1,257)

112 Taxes on Income 16,350 13,930 (2,420) $ 16,469 (2,539)

115 Taxes on Domestic Goods 60,327 39,852 (20,475) $ 50,161 (10,309)

and Services

120 Licences 16,143 5,368 (10,775) $ 7,046 (1,678)

125 Taxes, Intl Trade and 41,300 30,334 (10,966) $ 26,935 3,399

Transactions

130 Duties 68,001 44,600 (23,400) $ 71,477 (26,877)

135 Fees, Fines and Permits 31,612 23,365 (8,248) $ 21,556 1,809

140 Rent Interest and Dividends 3,435 1,149 (2,287) $ 2,377 (1,228)

145 ECCB Profits 0 - (0) $ - -

150 Other Revenue 6,987 4,393 (2,593) $ 3,958 435

160 Grants - 41,542 41,542 $ - 41,542

251,156 211,736 (39,420) $ 208,438 3,298

Account Description Budget Receipts Surplus Receipts Actual

(Shortfall) 2020 vs 2019

XCD$000 XCD$000 XCD$000 XCD$000 XCD$000

Analysed by Department

450 Ministry of Finance and

Health

150 Other Revenue - 470 470 - 470

- 470 470 - 470

451 Treasury

112 Taxes on Income - 2,446 2,446 2,353 93

135 Fees/ Fines/ Permits 28 7 (21) 36 (29)

140 Rents/Interest & Dividends 1,100 38 (1,061) 93 (55)

145 ECCB Profits - - - - -

150 Other Revenue 1,150 1,546 395 1,744 (198)

160 Grants - 41,542 41,542

2,278 45,579 43,301 4,226 (189)

-

452 Customs -

-

120 Licences 25 8 (17) 39 (32)

125 Taxes Intl Trade & Transactions 41,300 30,286 (11,014) 26,932 3,354

130 Duties 68,001 44,600 (23,400) 71,477 (26,877)

135 Fees/ Fines/ Permits 600 318 (282) 447 (129)

150 Other Revenue 12 19 7 124 (105)

109,938 75,231 (34,707) 99,020 (23,789)

AXA FY2020

Annual Public Accounts 453 Commercial Registry

135 Fees/ Fines/ Permits 9,070 8,417 (654) 9,472 (1,055)

140 Rents/Interest & Dividends - 12 12 - 12

150 Other Revenue 1,220 458 (763) 789 (331)

10,290 8,886 (1,404) 10,261 (1,374)

454 Post Office

130 Duties - - - - -

135 Fees/ Fines/ Permits 50 4 (46) 43 (39)

140 Rents/Interest & Dividends 240 202 (38) 225 (23)

150 Other Revenue 3,131 1,697 (1,434) 1,074 623

3,421 1,903 (1,518) 1,342 561

455 Department of Information Tec hnology & E-Government Services

150 Other Revenue - 1 1 5 (4)

- 1 1 5 (4)

457 Statistics

150 Other Revenue 5 - (5) - -

5 - (5) - -

458 Department of Inland

Revenue

110 Taxes on Property 7,000 7,202 202 8,459 (1,257)

112 Taxes on Income 16,350 11,484 (4,866) 14,116 (2,632)

115 Taxes Domestic Goods & 60,327 39,852 (20,475) 50,161 (10,309)

Services

120 Licences 16,118 5,360 (10,758) 7,006 (1,646)

125 Taxes Intl Trade & Transactions 0 48 48 2 45

135 Fees/ Fines/ Permits 21,864 14,619 (7,245) 11,558 3,061

140 Rents/Interest & Dividends 2,095 896 (1,199) 2,058 (1,162)

145 ECCB Profits 0 - (0) - -

150 Other Revenue 1,469 203 (1,266) 222 (20)

125,224 79,665 (45,559) 93,584 (13,919)

459 Department of Lands and Surv eys

115 Taxes Domestic Goods & Servic - - - - -

135 Fees/ Fines/ Permits - - - - -

150 Other Revenue - 1 1 0 1

- 1 1 0 1

460 Department of Physical Planni ng

135 Fees/ Fines/ Permits - - - - -

150 Other Revenue - - - - -

- - - - -

Ministry Total 251,156 211,736 (39,890) 208,438 (38,714)

AXA FY2020

Annual Public Accounts GOVERNMENT OF ANGUILLA 2020

Note: 4.4 Ministry of Social Development

2020 2019

Account Description Budget Receipts Surplus Receipts Actual

(Shortfall) 2020 vs 2019

XCD$000 XCD$000 XCD$000 XCD$000 XCD$000

Total Ministry

115 Taxes Domestic Goods & Services 7,419 7,419 7,033 387

120 Licences 410 163 (247) 213 (50)

135 Fees, Fines and Permits 819 615 (205) 606 9

140 Rent Interest and Dividends - - - -

150 Other Revenue 24 27 3 51 (24)

1,253 8,224 6,971 7,903 321

Account Description Budget Receipts Surplus Receipts Actual

(Shortfall) 2020 vs 2019

XCD$000 XCD$000 XCD$000 XCD$000 XCD$000

Analysed by Department

551 Department of Education

135 Examination 0 - (0) - -

140 Rents/Interest & Dividends - - - - -

150 Other Revenue - - - - -

0 - (0) - -

554 Department of Social Development

150 Other Revenue 0 1 1 2 (1)

0 1 1 2 (1)

555 Department of Lands and Surveys

115 Taxes Domestic Goods & Servic - 7,419 7,419 7,033 387

135 Fees/ Fines/ Permits 819 487 (332) 462 25

150 Other Revenue - 1 1 2 (1)

819 7,908 7,089 7,497 411

556 Department of Physical Planning

135 Fees/ Fines/ Permits - 127 127 144 (17)

150 Other Revenue - 4 4 1 3

- 131 131 145 (14)

557 Department of Library Services

150 Other Revenue - - - - -

- - - - -

560 Department of Health Protection

120 Licences 410 163 (247) 213 (50)

150 Other Revenue 24 22 (2) 47 (25)

434 185 (249) 260 (75)

Ministry Total 1,253 8,224 6,971 7,903 321

AXA FY2020

Annual Public Accounts GOVERNMENT OF ANGUILLA 2020

Note 4.5: Ministry of Infrastructure Communications, Utilities, Agriculture & Fisheries

2020 2019

Account Description Budget Receipts Surplus Receipts Actual

(Shortfall) 2020 vs 2019

XCD$000 XCD$000 XCD$000 XCD$000 XCD$000

Total Ministry

120 Licences 152 8,558 8,406 9,400 (842)

135 Fees, Fines and Permits 13 12 (2) 13 (2)

140 Rent Interest and Dividends 25 16 (8) 15 1

150 Other Revenue 11 77 66 77 (0)

202 8,663 8,461 9,506 (843)

Account Description Budget Receipts Surplus Receipts Actual

(Shortfall) 2020 vs 2019

XCD$000 XCD$000 XCD$000 XCD$000 XCD$000

Analysed by Department

Ministry of Infrastructure Communications, Utilities, Agriculture

650 & Fisheries

120 Licences - 32 32 59 (27)

150 Other Revenue - - - 39 (39)

- 32 32 98 (67)

652 Infrastructure, Communications and Utilities

120 Licences - 8,484 8,484 9,307 (823)

140 Rents/Interest & Dividends 0 - (0) - -

0 8,484 8,484 9,307 (823)

654 Department of Agriculture

135 Fees/ Fines/ Permits 13 12 (2) 13 (2)

140 Rent Interest and Dividends 25 16 (8) 15 1

150 Other Revenue 11 48 37 37 11

49 76 27 66 11

655 Department of Fisheries

120 Licences 152 42 (110) 34 8

150 Other Revenue 0 0 (0) - 0

152 42 (110) 34 8

656 Airport Fire Services

150 Other Revenue 0 28 28 1 28

- 28 28 1 28

Ministry Total 202 8,663 8,461 9,506 (843)

AXA FY2020

Annual Public Accounts GOVERNMENT OF ANGUILLA 2020

Note 5: Summary of Recurrent Payments by Ministry

(Excess)/Savings uses calculations from the final budget and actual payments

2020 2019

Original Final (Excess) / Actual

Account Description Budget Budget Payments Saving Payments 2020 vs

2019

XCD$000 XCD$000 XCD$000 XCD$000 XCD$000 XCD$000

A Total Ministry

31 Personal Emoluments (84,724) (85,690) (83,999) 1,691 (84,243) 244

32-34 Goods and services (41,387) (51,657) (49,285) 2,372 (44,816) (4,469)

35 Transfers and Subsidies (63,533) (62,057) (57,303) 4,754 (53,234) (4,069)

36 Social Services (18,778) (18,524) (15,234) 3,290 (6,468) (8,766)

37 Other Expenditure (5,021) (3,764) (3,618) 146 (4,546) 927

38 Special Expenditure (18,876) (19,244) (17,067) 2,177 (18,776) 1,710

39 Restricted Expenditure (9,155) (64) (61) 4 (93) 32

(241,474) (241,001) (226,566) 14,435 (212,176) (14,390)

Original Final (Excess) / Actual

Account Description Budget Budget Payments Saving Payments 2020 vs

2019

XCD$000 XCD$000 XCD$000 XCD$000 XCD$000 XCD$000

B Analysed by Ministry

H E The Governor

31 Personal Emoluments (19,766) (16,894) (16,401) 493 (15,895) (507)

32-34 Goods and services (8,314) (8,243) (7,892) 351 (8,111) 218

35 Transfers and Subsidies (1,346) (1,005) (937) 68 (1,399) 462

36 Social Services (25) (33) (22) 11 (13) (9)

37 Other Expenditure (346) (303) (300) 3 (120) (180)

38 Special Expenditure - - - - - -

39 Restricted Expenditure - - - - - -

(29,797) (26,479) (25,553) 926 (25,537) (16)

Ministry of Home Affairs. Lands and Physical Planning and Environment

31 Personal Emoluments (29,388) (29,615) (29,558) 58 (29,477) (80)

32-34 Goods and services (3,321) (3,988) (3,864) 124 (3,734) (130)

35 Transfers and Subsidies (5,237) (4,571) (4,570) 1 (5,870) 1,300

36 Social Services (174) (249) (249) 0 (309)

37 Other Expenditure (0) - - - - -

39 Restricted Expenditure - - - - - -

(38,120) (38,423) (38,240) 183 (39,391) 1,091

Ministry of Finance, Economic Development, Investment, Commerce & Tourism

31 Personal Emoluments (16,491) (17,510) (17,113) 397 (16,978) (135)

32-34 Goods and services (17,516) (19,239) (18,315) 924 (19,436) 1,121

35 Transfers and Subsidies (23,765) (23,785) (21,240) 2,545 (24,113) 2,873

36 Social Services (12,300) (12,459) (10,013) 2,445 - (10,013)

37 Other Expenditure (4,529) (3,378) (3,264) 114 (4,299) 1,035

38 Special Expenditure (18,876) (19,244) (17,067) 2,177 (18,776) 1,710

39 Restricted Expenditure (9,155) (64) (61) 4 (93) 32

(102,632) (95,678) (87,073) 8,606 (83,696) (3,377)

AXA FY2020

Annual Public Accounts Ministry of Social Development

31 Personal Emoluments (10,302) (13,264) (12,952) 312 (13,922) 971

32-34 Goods and services (7,745) (13,780) (13,478) 302 (8,477) (5,001)

35 Transfers and Subsidies (20,159) (21,150) (20,985) 165 (20,481) (504)

36 Social Services (6,279) (5,784) (4,950) 834 (6,147) 1,197

37 Other Expenditure (130) (83) (54) 29 (115) 61

39 Restricted Expenditure - - - - - -

(44,614) (54,061) (52,419) 1,642 (49,143) (3,276)

Ministry of Infrastructure, Communication, Utilities, Agriculture & Fisheries

31 Personal Emoluments (8,777) (8,407) (7,976) 431 (7,971) (5)

32-34 Goods and services (4,492) (6,408) (5,735) 673 (5,057) (678)

35 Transfers and Subsidies (13,025) (11,546) (9,571) 1,975 (1,371) (8,200)

37 Other Expenditure (16) - - - (11) 11

39 Restricted Expenditure - - - - - -

(26,310) (26,360) (23,282) 3,079 (14,410) (8,872)

Total (241,474) (241,001) (226,566) 14,435 (212,176) (14,450)

AXA FY2020

Annual Public Accounts GOVERNMENT OF ANGUILLA 2020

Note 6: Detailed Statement of Consolidated Fund Payments

Note 6.1: H. E. The Governor

2020 2019

Account Description Final Payments (Excess) / Payments Actual

Budget Saving 2020 vs 2019

XCD$000 XCD$000 XCD$000 XCD$000 XCD$000

A Total Ministry

31 Personal Emoluments (16,894) (16,401) 493 (15,895) (507)

32-34 Goods and services (8,243) (7,892) 351 (8,111) 218

35 Transfers and Subsidies (1,005) (937) 68 (1,399) 462

36 Social Services (33) (22) 11 (13) (9)

37 Other Expenditure (303) (300) 3 (120) (180)

38 Special Expenditure - - - - -

39 Restricted Expenditure - - - - -

(26,479) (25,553) 926 (25,537) (16)

Account Description Final Payments (Excess) / Payments Actual

Budget Saving 2020 vs 2019

XCD$000 XCD$000 XCD$000 XCD$000 XCD$000

B Analysed by Department

001 H E The Governor

31 Personal Emoluments (701) (697) 4 (668) (29)

32-34 Goods and services (86) (76) 10 (107) 32

35 Transfers and Subsidies - - - - -

39 Restricted Expenditure - - - - -

(787) (773) 14 (776) 3

100 Department of Public Administration

31 Personal Emoluments (2,042) (1,827) 216 (2,103) 276

32-34 Goods and services (2,893) (2,845) 49 (4,087) 1,242

35 Transfers and Subsidies - - - - -

37 Other Expenditure (293) (290) 3 (69) (221)

39 Restricted Expenditure - - - - -

(5,229) (4,961) 268 (6,259) 1,298

101 H M Prison

31 Personal Emoluments (427) (421) (6) - (421)

32-34 Goods and Services (678) (635) (44) - (635)

39 Restricted Expenditure - - - -

(1,105) (1,056) (49) - (1,056)

102 House of Assembly

31 Personal Emoluments (1,006) (1,002) 3 (850) (153)

32-34 Goods and services (63) (57) 6 (48) (9)

(1,069) (1,059) 10 (897) (162)

AXA FY2020

Annual Public Accounts 103 Department of Deputy Governo r & Disaster Management

31 Personal Emoluments (498) (496) 3 (489) (6)

32-34 Goods and services (183) (155) 28 (162) 7

36 Social Services - - - - -

37 Other Expenditure (10) (10) - (51) 41

(691) (661) 31 (702) 42

200 Royal Anguilla Police Force

31 Personal Emoluments (9,155) (9,142) 12 (8,929) (213)

32-34 Goods and services (2,227) (2,119) 108 (1,717) (401)

(11,382) (11,261) 121 (10,647) (614)

250 Administration Judicial

31 Personal Emoluments (606) (605) 1 (1,286) 681

32-34 Goods and services (195) (127) 68 (651) 525

35 Transfers and Subsidies (347) (279) 68 (1,399) 1,120

36 Social Services (9) (2) 7 (13) 10

(1,157) (1,013) 10 (3,348) 2,335

251 High Court

31 Personal Emoluments (359) (356) (3) - (356)

32-34 Goods and services (631) (609) (21) - (609)

35 Transfers and Subsidies (658) (658) (0) - (658)

36 Social Services (24) (20) (4) - (20)

(1,672) (1,644) (28) - (1,644)

.

252 Magistrate's Court

31 Personal Emoluments (298) (253) (45) - (253)

32-34 Goods and services (197) (191) (6) - (191)

35 Transfers and Subsidies - - - - -

36 Social Services - - - - -

(495) (444) (51) - (444)

300 Administration Attorney General's Chambers

31 Personal Emoluments (1,803) (1,602) 201 (1,570) (32)

32-34 Goods and Services (1,090) (1,080) 10 (1,338) 258

(2,892) (2,682) 211 (2,908) 226

Ministry Total (26,479) (25,553) 534 (25,537) (16)

AXA FY2020

Annual Public Accounts GOVERNMENT OF ANGUILLA 2020

Note 6.2: Home Affairs, Lands and Physical Planning and Environment

2020 2019

(Excess) / Actual

Account Description Final Budget Payments Saving Payments 2020 vs

2019

XCD$000 XCD$000 XCD$000 XCD$000 XCD$000

A Total Ministry

31 Personal Emoluments (29,615) (29,558) 58 (29,477) (80)

32-34 Goods and services (3,988) (3,864) 124 (3,734) (130)

35 Transfers and Subsidies (4,571) (4,570) 0 (5,870) 1,300

36 Social Services (249) (249) 0 (309) 60

37 Other Expenditure - - - - -

39 Restricted Expenditure - - - - -

(38,423) (38,240) 182 (39,391) 1,151

(Excess) / Actual

Account Description Final Budget Payments Saving Payments 2020 vs

2019

XCD$000 XCD$000 XCD$000 XCD$000 XCD$000

B Analysed by Department

350 Ministry of Home Affairs, Land s and Physical P lanning

31 Personal Emoluments (850) (814) 36 (916) 102

32-34 Goods and Services (858) (795) 63 (782) (13)

35 Transfers and Subsidies (2,674) (2,674) 0 (3,615) 941

36 Social Services (171) (171) - (196) 25

39 Restricted Expenditure - - - - -

(4,553) (4,454) 99 (5,508) 1,054

351 Department of Immigration

31 Personal Emoluments (2,916) (2,915) 1 (2,709) (206)

32-34 Goods and Services (96) (87) 9 (163) 76

39 Restricted Expenditure - - - - -

(3,012) (3,002) 9 (2,872) (130)

352 Dep artment Information and Br oadcasting

31 Personal Emoluments (772) (765) 7 (754) (11)

32-34 Goods and Services (85) (81) 4 (52) (29)

35 Transfers and Subsidies - - - - -

39 Restricted Expenditure - - - - -

(857) (846) 12 (806) (40)

359 Department of Education

31 Personal Emoluments (23,800) (23,793) 6 (23,966) 172

32-34 Goods and Services (2,610) (2,588) 22 (2,278) (310)

35 Transfers and Subsidies (1,897) (1,896) (2,256) 359

36 Social Services (78) (78) 0 (113) 35

(28,385) (28,355) 29 (28,613) 258

AXA FY2020

Annual Public Accounts 360 Department of Library Services

31 Personal Emoluments (627) (620) 7 (673) 53

32-34 Goods and Services (283) (265) 18 (265) (0)

(910) (885) 25 (938) 53

355 Department of Labour

31 Personal Emoluments (651) (650) 1 (460) (190)

32-34 Goods and Services (55) (47) 8 (193) 146

39 Restricted Expenditure - - - - -

(706) (697) 8 (653) (44)

Ministry Total (38,423) (38,240) 182 (39,391) 1,151

AXA FY2020

Annual Public Accounts GOVERNMENT OF ANGUILLA 2020

Note 6.3: Ministry of Finance, Economic Development, Investment, Commerce & Tourism

2020 2019

Account Description Final Budget Payments (Excess) / Payments Actual

Saving 2020 vs 2019

XCD$000 XCD$000 XCD$000 XCD$000 XCD$000

A Total Ministry

31 Personal Emoluments (17,510) (17,113) 397 (16,978) (135)

32-34 Goods and services (19,239) (18,315) 924 (19,436) 1,121

35 Transfers and Subsidies (23,785) (21,240) 2,545 (24,113) 2,873

36 Social Services (12,459) (10,013) 2,445 - (10,013)

37 Other Expenditure (3,378) (3,264) 114 (4,299) 1,035

38 Special Expenditure (19,244) (17,067) 2,177 (18,776) 1,710

39 Restricted Expenditure (64) (61) 4 (93) 32

(95,678) (87,073) 8,606 (83,696) (3,377)

Account Description Final Budget Payments (Excess) / Payments Actual

Saving 2020 vs 2019

XCD$000 XCD$000 XCD$000 XCD$000 XCD$000

B Analysed by Department

450 Ministry Of Finance and Economic Development, Investment, Commerce

31 Personal Emoluments (2,933) (2,879) 54 (2,709) (170)

32-34 Goods and Services (1,940) (1,786) 153 (2,170) 384

35 Transfers and Subsidies (10,858) (8,926) 1,932 (12,271) 3,345

36 Social Services (12,459) (10,013) 2,445 - (10,013)

37 Other Expenditure (0) - 0 - -

38 Special Expenditure (18,992) (16,865) 2,128 (18,709) 1,844

39 Restricted Expenditure - - - - -

(47,182) (40,469) 6,713 (35,859) (4,610)

451 Treasury

31 Personal Emoluments (4,265) (4,151) 113 (4,336) 184

32-34 Goods and Services (12,509) (12,123) 386 (12,632) 509

35 Transfers and Subsidies (12,927) (12,314) 613 (11,842) (472)

37 Other Expenditure (3,378) (3,264) 114 (4,299) 1,035

38 Special Expenditure (252) (202) 50 (67) (135)

(33,331) (32,055) 1,276 (33,176) 1,122

452 Customs

31 Personal Emoluments (4,173) (4,076) 96 (4,230) 154

32-34 Goods and Services (577) (465) 113 (546) 81

39 Restricted Expenditure - - - - -

(4,750) (4,541) 209 (4,776) 235

453 Commercial Registry

31 Personal Emoluments (449) (440) 9 (416) (24)

32-34 Goods and Services (790) (766) 24 (837) 71

(1,239) (1,206) 33 (1,254) 48

454 Post Office

31 Personal Emoluments (1,362) (1,265) 97 (1,296) 31

32-34 Goods and Services (725) (559) 166 (589) 31

35 Transfers and Subsidies - - - - -

39 Restricted Expenditure - - - - -

(2,087) (1,824) 263 (1,886) 62

AXA FY2020

Annual Public Accounts (Note 6.3 continued)

2020 2019

Account Description Final Budget Payments (Excess) / Payments Actual

Saving 2020 vs 2019

XCD$000 XCD$000 XCD$000 XCD$000 XCD$000

455 Department of Information Systems & Technology

31 Personal Emoluments (1,538) (1,529) 9 (1,370) (160)

32-34 Goods and Services (2,219) (2,161) 58 (2,145) (15)

39 Restricted Expenditure - - - - -

(3,757) (3,690) 67 (3,515) (175)

456 Internal Audit

31 Personal Emoluments (535) (534) 1 (480) (53)

32-34 Goods and Services (22) (18) 4 (19) 1

37 Other Expenditure - -

(557) (551) 6 (499) (52)

457 Statistics

31 Personal Emoluments (480) (475) 6 (454) (21)

32-34 Goods and Services (61) (59) 2 (56) (2)

37 Other Expenditure (64) (61) 4 (93) 32

(606) (594) 12 (603) 9

458 Inland Revenue

31 Personal Emoluments (1,775) (1,763) 12 (1,686) (77)

32-34 Goods and Services (396) (379) 17 (440) 61

39 Restricted Expenditure - - - - -

(2,171) (2,142) 29 (2,127) (15)

Ministry Total (95,678) (87,073) 8,606 (83,696) (3,376.87)

AXA FY2020

Annual Public Accounts GOVERNMENT OF ANGULLA 2020

Note 6.4: Ministry of Social Development

2020 2019

Account Description Final Payments (Excess) / Payments Actual

Budget Saving 2020 vs 2019

XCD$000 XCD$000 XCD$000 XCD$000 XCD$000

A Total Ministry

31 Personal Emoluments (13,264) (12,952) 312 (13,922) 971

32-34 Goods and services (13,780) (13,478) 302 (8,477) (5,001)

35 Transfers and Subsidies (21,150) (20,985) 165 (20,481) (504)

36 Social Services (5,784) (4,950) 834 (6,147) 1,197

37 Other Expenditure (83) (54) 29 (115) 61

39 Restricted Expenditure - - - - -

(54,061) (52,419) 1,642 (49,143) (3,276)

Account Description Final Payments (Excess) / Payments Actual

Budget Saving 2020 vs 2019

XCD$000 XCD$000 XCD$000 XCD$000 XCD$000

B Analysed by Department

550 Ministry of Social Development

31 Personal Emoluments (1,805) (1,693) 112 (2,023) 330

32-34 Goods and Services (7,665) (7,641) 24 (1,995) (5,646)

35 Transfers and Subsidies (20,320) (20,308) 12 (18,617) (1,691)

36 Social Services (942) (935) 7 (1,574) 640

37 Other Expenditure (83) (54) 29 (115) 61

39 Restricted Expenditure - - - - -

(30,815) (30,631) 184 (24,325) (6,306)

551 Department of Education

31 Personal Emoluments - - - -

32-34 Goods and Services - - - -

35 Transfers and Subsidies - - - -

36 Social Services - - - -

39 Restricted Expenditure - - - -

- - - - -

554 Department of Social Development

31 Personal Emoluments (1,587) (1,485) 101 (1,523) 37

32-34 Goods and Services (189) (154) 35 (132) (23)

36 Social Services (4,099) (3,467) 633 (4,161) 694

39 Restricted Expenditure - - - - -

(5,875) (5,106) 768 (5,815) 709

557 Department of Library Services

31 Personal Emoluments - - - -

32-34 Goods and Services - - - -

39 Restricted Expenditure - - - -

- - - - -

AXA FY2020

Annual Public Accounts (Note 6.4 continued)

2020 2019

Account Description Final Budget Payments (Excess) / Payments Actual

Saving 2020 vs 2019

XCD$000 XCD$000 XCD$000 XCD$000 XCD$000

55 559 H M Prison

31 Personal Emoluments (2,896) (2,889) 6 (3,476) 586

32-34 Goods and Services (416) (314) 102 (1,034) 720

39 Restricted Expenditure - - - - -

(3,312) (3,203) 109 (4,510) 1,307

55 560 Department of Health Proctection

31 Personal Emoluments (1,668) (1,662) 6 (1,627) (35)

32-34 Goods and Services (4,173) (4,161) 12 (4,096) (65)

37 Other Expenditure - - - - -

39 Restricted Expenditure - - - - -

(5,841) (5,823) 18 (5,722) (100)

55 561 Department of Probation

31 Personal Emoluments (1,515) (1,496) 19 (1,524) 28

32-34 Goods and Services (515) (510) 6 (442) (68)

35 Transfers and Subsidies (0) - 0 - -

36 Social Services (5) (4) 1 (5) 1

39 Restricted Expenditure - - - - -

(2,036) (2,010) 25 (1,971) (39)

55 562 Department of Sports

31 Personal Emoluments (758) (711) 47 (799) 88

32-34 Goods and Services (313) (271) 42 (227) (44)

35 Transfers and Subsidies (87) (77) 10 (167) 90

36 Social Services (110) (108) 2 (119) 11

39 Restricted Expenditure - - - - -

(1,268) (1,167) 101 (1,312) 145

55 563 Department of Youth and Culture

31 Personal Emoluments (796) (775) 21 (724) (52)

32-34 Goods and Services (350) (291) 59 (316) 25

35 Transfers and Subsidies (743) (600) 143 (1,697) 1,097

36 Social Services (627) (436) 191 (288) (148)

39 Restricted Expenditure - - - - -

(2,515) (2,102) 413 (3,024) 921

55 555 Department of Lands & Surveys

31 Personal Emoluments (1,261) (1,261) 1 (1,160) (101)

32-34 Goods and Services (76) (73) 3 (166) 93

(1,337) (1,334) 3 (1,326) (8)

AXA FY2020

Annual Public Accounts 55 556 Department of Physic al Planning

31 Personal Emoluments (978) (978) 0 (1,067) 89

32-34 Goods and Services (83) (64) 18 (70) 6

(1,061) (1,042) 18 (1,137) 95

Ministry Total (54,061) (52,419) 1,642 (49,143) (3,276)

AXA FY2020

Annual Public Accounts GOVERNMENT OF ANGUILLA 2020

NOTE 6.5: Ministry of Infrastructure Communications, Utilities, Agriculture & Fisheries

2020 2019

Account Description Final Payments (Excess) / Payments Actual

Budget Saving 2020 vs 2019

XCD$000 XCD$000 XCD$000 XCD$000 XCD$000

A Total Ministry

31 Personal Emoluments (8,407) (7,976) 431 (7,971) (5)

32-34 Goods and services (6,408) (5,735) 673 (5,057) (678)

35 Transfers and Subsidies (11,546) (9,571) 1,975 (1,371) (8,200)

37 Other Expenditure - - - (11) 11

39 Restricted Expenditure - - - - -

(26,360) (23,282) 3,079 (14,410) (8,872)

Account Description Final Payments (Excess) / Payments Actual

Budget Saving 2020 vs 2019

XCD$000 XCD$000 XCD$000 XCD$000 XCD$000

B Analysed by Department

650 Ministry of Infrastructure, Communication, Utilities, Agriculture & Fis

31 Personal Emoluments (1,120) (1,079) 41 (981) (99)

32-34 Goods and Services (2,647) (2,577) 70 (1,421) (1,156)

35 Transfers and Subsidies (11,546) (9,571) 1,975 (1,371) (8,200)

37 Other Expenditure - - (11) 11

39 Restricted Expenditure - - - - -

(15,314) (13,227) 2,086 (3,784) (9,444)

652 Department of Infrastructure, Communications and Utilities

31 Personal Emoluments (1,733) (1,577) 155 (1,560) (18)

32-34 Goods and Services (2,471) (2,424) 47 (2,518) 94

39 Restricted Expenditure - - - - -

(4,204) (4,002) 202 (4,078) 76

654 Department of Agriculture

31 Personal Emoluments (472) (471) 1 (1,152) 681

32-34 Goods and Services (149) (118) 31 (487) 370

39 Restricted Expenditure - - - - -

(620) (589) 31 (1,640) 1,051

655 Department of Fisheries & Marine

31 Personal Emoluments (222) (213) 9 (534) 321

32-34 Goods and Services (74) (27) 47 (85) 58

39 Restricted Expenditure - - - - -

(296) (240) 56 (619) 379

AXA FY2020

Annual Public Accounts 656 Airport Fire Services

31 Personal Emoluments (3,198) (3,056) 141 (3,196) 140

32-34 Goods and Services (439) (194) 244 (512) 318

37 Other Expenditure - - - - -

39 Restricted Expenditure - - - - -

(3,636) (3,251) 386 (3,708) 457

658 Department of Environment

31 Personal Emoluments (204) (201) 3 (548) 347

32-34 Goods and Services (9) (3) 6 (34) 31

39 Restricted Expenditure - - - - -

(213) (204) 10 (582) 378

659 Department of Natural Resource s

31 Personal Emoluments (1,458) (1,378) 80 - (1,378)

32-34 Goods and Services (619) (392) 227 - (392)

39 Restricted Expenditure - - - -

(2,078) (1,770) 308 - (1,770)

Ministry Total (26,360) (23,282) 3,079 (14,410) (8,872)

AX A FY2020

Annua l P ublic Accounts GOVERNMENT OF ANGUILLA 2020

Note 7: Detailed Statement of Capital Receipts

MINISTRY OF FINANCE, ECONOMIC DEVELOPMENT, INVESTMENT, COMMERCE TOURISM

2020 2019

ACCOUNT DESCRIPTION RECEIPTS RECEIPTS

XCD$000 XCD$000

450 Finance

23503 European Development Fund 9,389 12,680

23501 UKG Development Aid 792 -

CDB Emergency Response Grant - -

10,181 12,680

451 Treasury

21099 Local Revenue 80 4,078

Settlement Insurance Claims for Government Assets 21 27

101 4,105

LOCALLY FUNDED CAPITAL RECEIPTS 10,282 16,785

AXA FY2020

Annual Public Accounts GOVERNMENT OF ANGUILLA 2020

Note 8: Detailed Statement of Capital Payments

LOCALLY FUNDED CAPITAL

NOTE 8.1: Ministry of Public Administration

2020 2019

(Over) / (Over) /

Description Final Budget Payments Under Payments Under

Estimate Estimate

XCD$000 XCD$000 XCD$000 XCD$000 XCD$000

100 Public Administration

Disaster Mitigation and Recovery - - - - -

- - - - -

Note 8.2: Ministry of Home Affairs, Natural Resources and Tourism

(Over) / (Over) /

Description Final Budget Payments Under Payments Under

Estimate Estimate

XCD$000 XCD$000 XCD$000 XCD$000 XCD$000

350 Ministry of Home Affairs, Lands and Physical Planning

Valley Primary School - - - - -

Anguilla Community College (3,166) (3,166) (0) (1,575) -

ALHCS Master Plan - - - (804) (3)

Minor Education Projects (86) (86) (0) (274) (2,726)

Technical and Vocational Education Trainin - - - - -

(3,252) (3,252) (0) (2,653) (2,729)

Note 8.3 Ministry of Finance, Economic Development, Investment, Commerce & Tourism

2020 2019

(Over) / (Over) /

Description Final Budget Payments Under Payments Under

Estimate Estimate

XCD$000 XCD$000 XCD$000 XCD$000 XCD$000

450 Ministry Of Finance and Economic Development

IT Equipment (1,013) (1,011) (3) (946) (19)

Tourism Sector Development (245) (240) (5) (2,085) (4)

Stats Development- Labour Force (43) (43) 0 (80) (14)

GoA Divestment Initiative (1,000) - (1,000) (20) -

Land Acquisition (569) (423) (146) (354) (3,905)

Furniture & Equipment (661) (654) (7) (309) (2)

ISD- Smartstream Upgrade, Policy (278) (275) (3) (184) (3)

Miscellaneous Projects (180) - (180) (391) (1)

IT Infrastructure (112) (112) (0) - -

(4,101) (2,757) (1,344) (4,369) (3,948)

AXA FY2020

Annual Public Accounts GOVERNMENT OF ANGUILLA 2020

Note 8.4: Ministry of Social Development

2020 2019

(Over) / (Over) /

Description Final Budget Payments Under Payments Under

Estimate Estimate

XCD$000 XCD$000 XCD$000 XCD$000 XCD$000

550 Ministry of Social Services

Sports Development - School Playing Fields (22) (22) (0) (43) (3)

Hospital Repairs - - - - -

Health Services Development (212) (212) - (50) -

(234) (234) (0) (93) (3)

Note 8.5: Ministry of Infrastructure Communications & Utilities

2020 2019

(Over) / (Over) /

Description Final Budget Payments Under Payments Under

Estimate Estimate

XCD$000 XCD$000 XCD$000 XCD$000 XCD$000

650 Ministry of Infrastructure Communications & Utilities

Renovation of GoA buildings (1,200) (1,188) (12) (1,062) (38)

Environmental Management and Renewable (59) (43) (16) -

Replacement of Government Vehicles (1,300) (683) (617) (1,614) (21)

Disaster Mitigation Project (15) (13) (2) (287) (13)

Road Development - Land Acquisition (50) - (50) - -

Road Development (354) (93) (261) (8) (7)

IT Equipment - -

(2,978) (2,020) (958) (2,972) (78)

Total Locally Funded Capital

Expenditure (10,566) (8,264) (2,302) (10,087) (6,759)

AXA FY2020

Annual Public Accounts GOVERNMENT OF ANGUILLA 2020

Note 09: Consolidated Fund

The Government of Anguilla operates a Consolidated Fund under the provisions of the

Financial Administration and Audit Act. All revenue and other money raised, borrowed or

received by or for the purposes of the Government are paid into the Consolidated Fund

in accordance with Section 12 of the Financial Administration and Audit Act. In

accordance with Section 23 of the Act no money shall be withdrawn from the

Consolidated Fund except upon the authority of a warrant issued in accordance with

either an Appropriation Act or Sections 26 or 29 of the Financial Administration and Audit

Act.

Reconciliation of the Consolidated Fund

CONSOLIDATED FUND 2020 2019

XCD$000 XCD$000

Consolidated Fund at 1 January (130,617) (159,237)

Movements in year:

Receipts 248,078 258,401

Payments (270,515) (250,468)

(22,437)

Adjustments Re:

Repayment of Debt 31,559 28,202

Decrease in Advances - (807)

Increase in Reserves - 3

Increase in Deposits (535) (5,036)

Proceeds from Loans (3,292) (1,675)

Increase in Advances 4,126 -

31,857 20,688

Consolidated Fund at 31st December (121,197) (130,617)

Consolidated at at 1st January (130,617) (159,237)

Net increase/(decrease) in Consolidated 9,421 28,620

Consolidated Fund at 31st December (121,197) (130,617)

Note 10: Long Term Liabilities

LONG TERM LIABILITES 2020 2019

XCD$000 XCD$000

Loans To GOA

Domestic Lenders (253,481) (267,706)

Overseas Lenders (186,225) (200,268)

TOTAL LIABILITY (439,707) (467,974)

AXA FY2020

Annual Public Accounts GOVERNMENT OF ANGUILLA 2020

Note 11: Advances

Advances include any payments made by the Government of Anguilla to Individuals, Public

and Private Sector Bodies on behalf of Regional and International Organisations and

Governments.

Detail of Advances made by the Government of Anguilla

.

ADVANCES 2020 Debits Credits 2019

XCD$000 During the year XCD$000

Excess Cash 0 13 (13) -

Department Account 113 47 (42) 107

Deductions on behalf of employees 4 25 (25) 4

Government Project Funding 507 3,347 (2,450) (389)

Court Deposits 118 118 - -

Law Books 10 - (0) 10

AGC/GOA bank account 4 0 - 4

AC General 6 250 (250) 6

Development Board 201 8 (3) 196

Post office top up 1 - - 1

Court Order - 14 (12) (1)

Port Authority Revenue 6,249 1,561 (1,392) 6,080

Police sport fund - 27 (27) -

Juliet Simon Fund 0 - - 0

Deductions on behalf of employees 890 4,562 (4,482) 810

Postal orders 45 4 (4) 45

St. Kitts - Nevis Advances 39 108 (116) 46

Good Government Funds 15 - - 15

Advance of Salary 16 14 (15) 17

Medical treatment 8,032 3,025 (438) 5,445

Dishonoured Cheques 1,160 629 (358) 889

Bank Capitalization 330,279 - - 330,279

Checks on Collection 1 - - 1

Department Advances 173 - (0) 173

Post Office E-Busuiness 0 2,582 (2,582) -

Water Corporation Advance 6,507 - - 6,507

Pension Board Payments 52 - - 52

Shortfall Cash Customs 22 - - 22

Advance Pay Money Gram 146 - - 146

Shortfall in cash IRD 24 - - 24

Total Advances 354,613 16,335 (12,209) 350,488

AXA FY2020

Annual Public Accounts GOVERNMENT OF ANGUILLA 2020

Note 12: Deposits

Deposits are monies received by the Government from Individuals, Public and Private Sector

Bodies. The deposits are classified as a short term liability.

Detail of Deposits received by the Government of Anguilla

DEPOSITS 2020 Debits Credits 2019

XCD$000 During the year XCD$000

Excess Cash (0) 9 (9) 0

Government Project Funding (1,840) 846 (1,278) (1,409)

Prison Project fund (4) - (4) -

Prisoners Compensation Fund (6) 45 (51) -

Court Order (1) 12 (13) -

Police Security Services (48) 84 (75) (56)

RAPF Band (11) 12 (10) (13)

Court Deposits (396) 95 (255) (236)

AXA Curcuit (51) - - (51)

Alien security deposits (3,296) 157 (189) (3,264)

Department Deposits (762) 5,774 (5,869) (668)

Deposits for Tender (70) - (11) (59)

Unclaimed Cheques (1,006) 57 (520) (542)

A/C general (98) 21 (62) (57)

Acorn Deposit (558) - (558) -

Cash Bonds (141) - (0) (141)

Port Security (149) 1,346 (1,345) (151)

Covert Operations (267) 9 (0) (276)

Port Security (6) 316 (286) (37)

Bona Vacantia assets. (3,601) 2,181 - (5,782)

Acorn online network. (771) 432 (0) (1,202)

Goods on Consignment (6) 32 (32) (6)

Post Office Suspense (57) - - (57)

Postal Orders (29) - - (29)

Trinity House Sombero (20) 89 (116) 7

Alien security deposits (635) - (1) (634)

Alien land holding licences (431) - - (431)

Medical Treatment (63) - (22) (41)

Employee Salary Deposits (4,794) 23,834 (24,745) (3,884)

Alien land holding licences (3,676) - (178) (3,497)

Electional Deposits (9) 27 (32) (4)

Advances Montserrat (0) - - (0)

Advances United Kingdom (377) - - (377)

Salary Advance (0) - - (0)

Advances Other (6) 1 (3) (3)

C&W Telephone 0 2,087 (2,248) 162

Anglec Electricity (0) 6,828 (6,917) 89

Total Deposits (23,185) 44,294 (44,830) (22,649)

AXA FY2020

Annual Public Accounts GOVERNMENT OF ANGUILLA 2020

Note 13: Fiscal Reserve Deposits

CONSOLIDATED FUND 2020 2019

XCD$000 XCD$000

ECCB Fiscal Reserve Account 104 104

National Bank Deposit 278 278

CCB Bank Deposit - -

British American Insurance 1,235 1,235

TOTAL FISCAL RESERVES 1,617 1,617

Nation Bank and CCB bank has joined and is now NCBA

Note 13.1: Fiscal Reserve Deposits Reconciliation Statement

Fiscal ECCB National CCB British Total

Reserve Fiscal Bank Bank American

Deposits Reserve Deposit Deposit Insurance

Reconcili Account

EC$000 EC$000 EC$000 EC$000 EC$000

2019

Opening 100 278 - 1,235 1,614

Increase in 3 - - - 3

Draw-down - - - - -

Closing 104 278 - 1,235 1,617

2020

Opening 104 278 1,235 1,617

Increase in - - -

Draw-down - - - - -

Closing 104 278 - 1,235 1,617

AXA FY2020

Annual Public Accounts GOVERNMENT OF ANGUILLA 2020

Note 14: Investments

The Statement of Investments contains information pertaining to

the shares held by the Government of Anguilla

# Statement of Investments

VALUE AS AT

INVESTMENT 31ST DECEMBER 2020

XCD$000

Anguilla Electricity Co Ltd.

4,636,152 Ordinary Shares @ 11,590

$2.50 each market value (1), (2)

(1)

These shares are currently not traded and are recorded at nominal value.

(2) At 31st December 2020, the Government of Anguilla still retains 40% of its shareholding in

the Anguilla Electricity Co Ltd. The value of $2.50 per share is based on the price per share

obtained in the 2003 sale of shares by GOA.

AXA FY2020

Annual Public Accounts GOVERNMENT OF ANGUILLA 2020

Note 15: Original and Final Approved Budget Comparison

The approved budget is developed on the same accounting basis (cash basis), same

classification basis, and for the same period (from January 1, 2020 to December 31, 2020)

as the financial statements.

The original budget was approved in the House of Assembly in the April in 2020

No changes to the budget were made through legislative measures during the year. The

revised budget is as a result of reallocation, contingency and supplementary warrants

issued during the fiscal year.

The budgets set for receipts are not changed from the original budget, which has been

apportioned outside of the estimate process at a Ministry level as disclosed in Note 3.

A comparison for original and final budgets for recurrent payments is detailed in Note 5 at

a Ministry level.

AXA FY2020

Annual Public Accounts GOVERNMENT OF ANGUILLA 2020

Comparison of Original and Final Budget for Capital Expenditure

ORIGINAL FINAL Variance

Expenditure BUDGET BUDGET Increase /

2020 2020 (Decrease)

XCD$000 XCD$000

Public Administration - - -

Ministry of Home Affairs, Lands and (4,800) (3,252) 1,548

Physical Planning and Environment

Ministry of Finance. Economic

Development, Investment, Commerce (7,218) (4,101) 3,117

and Tourism

Ministry of Social Development (70) (234) (164)

Ministry of Infrastructure,

Communications, Utilities, Agriculture (3,430) (2,978) 452

and Fisheries

Total Estimated Expenditure (15,518) (10,566) 4,952

An explanation for significant overall variances between actual and final estimates is set

out in the Foreword.

The Government of Anguilla has applied IPSAS Section 1.9 in these financial statements.

AXA FY2020

Annual Public Accounts GOVERNMENT OF ANGUILLA 2020

Note:16

Statement of Public Debt Financed by Revenue - (Central Government Debt)

(Expressed in Eastern Caribbean Dollars)

CREDITOR/REF PURPOSE LIABILITY AMOUNT AMOUNT DISBURSED DISBURSED

CURRENCY APPROVED DISBURSED OUTSTANDING OUTSTANDING

DEBT 2020 DEBT 2019

FOREIGN DEBT

Long Term

European Investment Bank

Loan No: 80338 Road EURO 2,620,024.00 2,620,024.00 665,595.40 662,665.61

Development

Phase 1

Caribbean Development Bank

Loan No: 04/SFR-OR-ANL 11142 Second Multi US$ 4,617,000.00 4,617,000.00 83,700.00 167,399.93

Project

Loan No: 06/SFR-OR-ANL 11306 Disaster US$ 9,990,000.00 9,042,641.12 1,902,895.45 2,174,737.73

Management (947,358.88 -

Rehabilitation - cancelled)

Hurricane

Lenny .

Loan No: 7/SFR-ANL 11302 Hurricane US$ 1,350,000.00 1,288,580.58 338,252.38 402,681.42

Lenny (61,419.41 -

Immediate cancelled)

Response

Loan No: 4/OR-ANL 11304 Policy-Based US$ 148,500,000.00 148,500,000.00 83,531,250.21 95,906,250.17

Loan

Loan No: 5/OR-ANL 11305 Anguilla US$ 8,680,500.00 5,726,960.09 5,377,313.25 2,384,957.28

Community

College

Development

Project

Loan No: 7/OR-ANL 11307 Anguilla Bank US$ 59,400,000.00 59,400,000.00 54,096,428.60 58,339,285.72

Resolution -

Bridge Bank

Capitalisation

Loan No: 10/OR-ANL 11309 First US$ 25,110,000.00 25,110,000.00 25,110,000.00 25,110,000.00

Programmatic

Stability &

Resilience

Building - PBL

Loan No: 09/OR-ANL 11310 Hurricane US$ 15,210,000.00 15,120,000.01 15,120,000.01 15,120,000.01

Recovery

Support

Total Foreign Debt 186,225,435.30 200,267,977.87

AXA FY2020

Annual Public Accounts DOMESTIC DEBT

Long Term

Anguilla Social Security Board Budget Support EC$ 50,000,000.00 50,000,000.00 - 5,555,555.52

Bank EC$ 214,000,000.00 214,000,000.00 214,000,000.00 214,000,000.00

Resolution

Promissory

Anguilla Social Security Board Note

Bank EC$ 32,927,506.46 32,927,506.46 22,226,066.75 25,518,817.43

Depositors Protection Trust - CCB Resolution

Bank EC$ 23,951,106.26 23,951,106.26 16,166,996.68 18,562,107.32

Depositors Protection Trust - NBA Resolution

Bank EC$ 20,000,000.00 20,000,000.00 1,088,295.16 4,069,176.33

Resolution/Bud

Eastern Caribbean Central Bank get Support

Total Domestic Debt 253,481,358.59 267,705,656.60

TOTAL FOREIGN AND DOMESTIC DEBT 439,706,793.89 467,973,634.47

AXA FY2020

Annual Public Accounts GOVERNMENT OF ANGUILLA 2020

Note 16.1: Public Debt Reconciliation Statement

2020 2019

Debt Stock Opening Balance 467,973,634.47 494,500,750.41

Foreign 200,267,977.87 212,629,581.43

Domestic 267,705,656.60 281,871,168.98

Repayments 31,558,756.79 28,201,713.36

Foreign 17,401,256.88 14,023,173.70

Add/Less: Gain/Loss on Exchange 66,798.10 13,027.28

17,334,458.78 14,036,200.98

Domestic 14,224,298.01 14,165,512.38

New Loans/Disbursements 3,291,916.21 1,674,597.42

Foreign 3,291,916.21 1,674,597.42

Domestic - -

Debt Stock Closing Balance 439,706,793.89 467,973,634.47

Foreign 186,225,435.30 200,267,977.87

Domestic 253,481,358.59 267,705,656.60

AXA FY2020

Annual Public Accounts GOVERNMENT OF ANGUILLA 2020

Note 17:

Statement of Contingent Liabilities

(Expressed in Eastern Caribbean Dollars)

CREDITOR/REF PURPOSE/B LIABILITY AMOUNT AMOUNT DISBURSED DISBURSED

ORROWER CURRENCY APPROVED DISBURSED OUTSTANDING OUTSTANDING

DEBT 2020 DEBT 2019

FOREIGN DEBT

Long Term

Caribbean

Development Bank

Loan No: 05/SFR-OR- Fourth Line of US$ 7,659,900.00 7,652,348.69 529,338.24 636,206.00

ANL 11252 Credit - (7,515.31 -

Anguilla cancelled)

Development

Board

Loan No: 07/SFR-OR- Fifth Line of US$ 13,500,000.00 13,499,828.44 3,759,417.41 4,900,056.61

ANL 11453 Credit -

Anguilla

Development

Board

Total Foreign Debt 4,288,755.65 5,536,262.61

DOMESTIC DEBT

Long Term

National Commercial

Bank of Anguilla Ltd

Loan No: 3300944 Anguilla EC$ 750,000.00 749,054.01 78,603.77

Tourist Board 4,332.60

Anguilla Roads

Construction

Anguilla Roads & Road Bay EC$ 2,701,249.81 2,701,249.81 418,475.25 1,008,348.08

Construction & WWR Development

Project

Anguilla Air &

Sea Ports

Authority

Total Domestic Debt 422,807.85 1,086,951.85

Total Contingent Liabilities in respect of loans to third parties 4,711,563.50 6,623,214.46

AXA FY2020

Annual Public Accounts GOVERNMENT OF ANGUILLA 2020

Note 18: Statement of Loans Made From the Consolidated Fund

New Loans New Loans

DESCRIPTION 2020 2019

XCD$000 XCD$000

Medical Treatment Overseas 2,351 1,197

Student Grants/Loans 38 9

TOTAL 2,389 1,207

The value of the student grants/loans was initially recorded as expenditure

through the statement of receipts and payments. All amounts recovered are

treated as receipts in year of recovery.

Note 19: Statement of Arrears

Note 19.1: Statement of Arrears of Revenue

Revenue Arrears Revenue Arrears

Revenue Arrears as at as at

2020 2019

XCD XCD

Information and Broadcasting $ 63 -

IRD $ 63,846 62,345

Customs $ 3,587 3,984

Dites $ - -

Post Office $ 397 47

Immigration $ 8 48

Treasury $ 12,432 13,319

Health protection $ 29 25

Youth and Culture $ - 2

Total Revenue Arrears $ 80,361 79,769

AXA FY2020

Annual Public Accounts GOVERNMENT OF ANGUILLA 2020

Note 20: Statement of Remission, Write Offs and Settlements

2020 2019

DESCRIPTION VALUE VALUE

XCD$000 XCD$000

Write-offs 537 -

Exemption From Customs 4,715 91

Duty

Exemption From Alien 1,160 955

Land Holding Licence

TOTAL 6,412 1,045

Note 21: Statement of Gifts

Note 21.1: Gifts Made to the Government

Gifts Gifts

Gifts as at as at

31-Dec-20 31-Dec-19

XCD$000 XCD$000

ALHCS 36 -

Disaster 8 20

Library 6 8

Department of Social Develop 66 -

Youth & Culture 32 2

Police - 21

Probation 31 -

Health Protection 1 35

Ministry of Home Affairs - 499

Prison 6 -

Governor's Office 0 -

Sports 1 24

Total Gifts 187 609

Note 21.2: Gifts Made by Government

DONOR DETAILS DONATION 2020 2019

OTHER VALUE VALUE

XCD$000 XCD$000

Nil Nil - - -

AXA FY2020

Annual Public Accounts GOVERNMENT OF ANGUILLA 2020

Note 22: Events After Balance Sheet Date

Events After Balance Sheet Date

British American Insurance Company Ltd (BAICO)

Note 14 to the accounts shows that at 31 December 2016 the Government of

Anguilla held EC$ 1,400,000 of Fiscal Reserve Deposits with BAICO. As at 31

December 2018, the deposit remains the same in the financial statements

Due to financial difficulties BAICO was placed under Judicial Management in

September 2009 and is in the process of being wound up. The Company is

insolvent and does not have enough assets to pay all claims in full. The process of

winding up the company is still ongoing and it unclear at present how much, if any,

of the deposit made with the company will be recovered. To date, distributions

totalling 14% have been made by the Adminstrators.

United Kingdom Government (UKG)

The UKG approved a £60 million (approximately EC$227m) reconstruction grant

to restore a significant proportion of the public infrastructure destroyed or

damaged by Hurricane Irma. Funds have been identified to support the repairs,

reconstruction and development of schools, health facilities, governments offices,

ports, roads, the water distribution system, building resilience in information

systems and communications and modernisation of public services and tourism

sector development.