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.

The statement of accounts includes the Independent Auditor's Report and the Annual Governance Statement.

The audit of the county council's statement of accounts (including the pension fund accounts) for the year ended 31 March 2019 has been completed.

The statutory deadline for completing the 2018/19 audit is 31 July 2019.  These accounts were made available for public inspection from 24 May to 5 July 2019, and were approved by the Audit, Risk and Governance Committee following completion of the audit on 29 July 2019.

The auditors cannot formally issue an audit certificate at this time, for the year ended 31 March 2019, in accordance with the requirements of the Local Audit and Accountability Act 2014 and the Code of Audit Practice.  Details are included in the Independent Auditor's Report.   

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.