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Statement of accounts

The statement of accounts is the formal audited accounts of the county council. Its purpose is to give you an overall impression of the finances of the county council.

Notice - 2019/20 accounts publication

The council has produced its statement of accounts for the year 2019/20. Due to the COVID-19 pandemic, statutory financial reporting deadlines for the 2019/20 accounts have been extended, with the deadline for publication of audited accounts moving from 31 July to 30 November 2020.

The council has been informed that the external audit of the accounts will not be concluded within this timeframe due to capacity issues within Grant Thornton, the council's appointed external auditor.

As such, under the Accounts and Audit Regulations 2015, this notice is hereby given that the audited accounts will be published as soon as reasonably practicable after the receipt of the report from the auditor which contains the auditor's finalised findings from their audit.

As a registered elector you have legal rights to inspect, ask questions about and challenge items in the council's accounts.

Notice of appointment of auditor from 2018/19

Under Section 8(2) of the Local Audit and Accountability Act 2014, the council must publish a notice relating to the appointment of its local auditor.

For audits of accounts from 1 April 2018, Public Sector Audit Appointments Limited (PSAA) is responsible for appointing an auditor to principal local government and police bodies that have chosen to opt into its national auditor appointment arrangements. Lancashire County Council opted into this arrangement.

On 14 December 2017, the PSAA board approved the appointment of Grant Thornton (UK) LLP to audit the accounts of Lancashire County Council and Lancashire Pension Fund for a period of five years, covering the accounts from 1 April 2018 to 31 March 2023. This appointment is made under Regulation 13 of the Local Audit (Appointing Person) Regulations 2015.