Statement of Accounts

At the end of each financial year (March), we are required by law to produce a Statement of Accounts.

This is essentially a technical publication that provides a true and fair view of our financial position, our income and expenditure for the year.

It includes all the financial statements and disclosure notes required by law and these are reviewed by our external auditors.

The key statements included are:

  • Movement in Reserves
  • Comprehensive Income and Expenditure Account
  • Balance Sheet
  • Cash Flow Statement
  • Key notes to the Core Financial Statements
  • Housing Revenue Account Income and Expenditure Account
  • Collection Fund
Notice of non-conclusion

Audit for the year ended 31 March 2023

Notice is given that the external audit of the draft statement of accounts for the year ended 31 March 2023 has not yet been completed by our external auditors, EY LLP, due to the complex set of factors contributing to audit delays across the sector. This situation is allowed for by Regulation 10, paragraph (2a) of the Accounts and Audit Regulations 2015.

See The Accounts and Audit Regulations 2015 (, updated by amendment The Accounts and Audit (Amendment) Regulations 2022 (

Therefore, this notification explains, as per paragraph (2a), that we are not yet able to publish our audited 2022/23 final statement of accounts in line with the deadline of 30th September 2023, as per paragraph (1), amended paragraph (4c). The Audit and Standards Committee will consider the results of the 2022/23 audit, after which we will publish the final audited accounts.

You can view previous years' Statement of Accounts and Annual Governance statements in the Statement of Accounts Archive.

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