Statement of accounts

The Accounts and Audit Regulations 2015 require the Council to publish its audited accounts and opinion by 30 September 2023. The audit of the draft statement of accounts for the year ended 31 March 2023 for the Council has not yet been completed by the external auditors, Grant Thornton UK LLP.

The delay has arisen due to a variety of issues, including ongoing work in relation to the valuation of assets held at depreciated replacement cost in the Council’s balance sheet.

This has been reported to the Governance and Audit Committee on 27^th September 2023 and the Council is continuing to work closely with the audit team to complete this work.

Once the audit is concluded and the Auditor issues their final findings report, the Council will then publish a final set of accounts as soon as reasonably practicable.

Dated: 30 September 2023

Please note that Regulation 16(1) of The Accounts and Audit Regulations 2015 requires the Council to publish (which must include publication on its website) a statement:

• that the audit has been concluded
• that the statement of accounts has been published
• of the rights of inspection conferred in local government electors by section 25 of the Act and the address at which, and the hours during which, those rights may be exercised.

At this stage whilst the financial statements audit has been concluded, the Auditor hasn’t yet completed their work on the Authority’s VFM arrangements and the WGA assurance statement. The council cannot therefore issue this statement.

The notice of conclusion of the audit will be added to the website alongside the audit certificate as soon as this is issued. The final set of audited accounts can be found below.

LEICESTER CITY COUNCIL AUDIT OF ACCOUNTS – NOTICE OF PUBLIC RIGHTS

As required by Regulation 16(1) of the Accounts and Audit Regulations 2015, the Council gives notice that the audit of the accounts for 2020/2021 has been completed.

You have rights as a local government elector to inspect and make copies of:

• The statement of accounts prepared by the authority
• The local auditor's certificate that the audit of the authority's accounts has been completed
• The local auditor's opinion on the statement of accounts
• Any recommendation relating to the authority or an entity connected with it

The statement of accounts may be found on the Council’s website at:

https://www.leicester.gov.uk/your-council/how-we-work/performance-and-spending/statement-of-accounts/. 

Alternatively, to view the accounts please email corp.acc@leicester.gov.uk. 

Copies of the document can be supplied for a reasonable charge.

View (2020-2021) Audit certificate signed 14 June 2023 (PDF)