Annual Accounts

The Annual Accounts provide information about income and expenditure during the financial year.

External Audit of Accounts: Year Ended 31 March 2023 

Publication of West Devon Borough Council’s Statement of Accounts and Audit Opinion – Delay of the Audit Conclusion

The Accounts and Audit (England) Regulations 2015 – Regulation 10 as Amended by The Accounts and Audit (Amendment) Regulations 2021

The Audit of the draft statement of accounts for the year ended 31 March 2023 for West Devon Borough Council has not yet been completed by the external auditors, Grant Thornton UK LLP. The Accounts and Audit (Amendment) Regulations 2021 require that the audited accounts and opinion are published by 30 September 2023.

The delay has arisen due to a combination of factors, comprising the following:

  • the increased assurance work that auditors are required to carry out nationally with respect to pensions and asset valuations
  • the lack of staffing capacity at Grant Thornton

The Audit and Governance Committee meeting of 14 March 2023 was formally advised by Grant Thornton of the delay to the 2022/23 Audit and further Audit Progress Reports have been taken to the July and October Audit and Governance Committee meetings. The final audited accounts will be published as soon as the Audit is concluded.

The Audit and issue of the audit opinion is expected to conclude during March 2024 after which the 2022/23 statement of accounts and audit opinion will be published as soon as is reasonably practicable.

Therefore, this notice of delayed audit is being published in accordance with Regulation 10, paragraph (2a) of the Accounts and Audit Regulations 2015.


External Audit of Accounts: Year Ended 31 March 2022

Publication of West Devon Borough Council’s Statement of Accounts and Audit Opinion – Delay of the Audit Conclusion

The Accounts and Audit (England) Regulations 2015 – Regulation 16 (1)

The audit of the Council’s financial statements for the year ending 31 March 2022 has been completed and a copy of the Accounts including the Auditor’s Report from Grant Thornton dated 30 November 2022 can be found at this link:

Our Auditors, Grant Thornton have not issued their certificate of completion of the audit at this time because they have not completed the work to be able to issue a report on the Council’s arrangements for securing economy, efficiency and effectiveness in its use of resources. Grant Thornton have applied the special provisions in the National Audit Office’s guidance for auditors (in Auditor Guidance Note 03) and will be completing this work to a later timescale.

Regulation 16 (1) of The Accounts and Audit Regulations 2015 requires the Council to publish a statement:

  • that the audit has been concluded;
  • that the statement of accounts has been published; and
  • 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.

As the audit has not yet been concluded, the Council cannot yet issue this statement in respect of the 2021/22 Accounts.

The notice of conclusion of the 2021/22 Audit will be added to the Website with the Auditor’s certificate as soon as this is available.

Lisa Buckle BSc (Hons), ACA
Corporate Director of Strategic Finance (S151 Officer)


Annual Accounts

The Annual Accounts provide information on the income and expenditure of the Council during the financial year and records the assets and liabilities as at the year-end.

Our Annual Accounts are examined every year by external auditors to ensure that our financial accounting and the presentation of our accounts are conducted according to strict guidelines.

The Annual Accounts include information such as:

  • The Comprehensive Income and Expenditure Statement - shows all the money we have received and all the money we have spent
  • The Balance Sheet - shows the Council's assets (land, buildings, equipment, funds) and liabilities (money owed) at the end of the financial year.

More detailed information is included in these 100-page reports, such as:

  • Employee costs & pensions
  • Capital accounts
  • Assets held
  • Grants

Our Annual Governance Statement is published with the Annual Accounts and is available to download from the Corporate Governance page.

DRAFT Statement of Accounts 2022-23


Statement of Accounts 2021-22


Previous Years Accounts

2020/21

2019/20

2018/19

2017/18

2016/17

2015/16

2014/15


Audit of Accounts for Year Ended 31 March 2022
Notice of Audit Opinion

The Accounts and Audit (England) Regulations 2015 - Regulations 16 (1)

Notice is hereby given that an unqualified opinion on the West Devon Borough Council’s financial statements for the year ended 31 March 2022 was issued on 30 November 2022 by the Council’s Auditors, Grant Thornton UK LLP.

Grant Thornton have not issued their certificate of completion of the 2021/22 Audit yet because the audit cannot be formally concluded until they have completed the work necessary to issue their Whole of Government Accounts (WGA) Component Assurance statement for the year ended 31 March 2022 and concluded their work on Value for Money arrangements. The WGA guidance has yet to be released nationally.

The notice of conclusion of the 2021/22 Audit will be added to the Website with the Auditor’s certificate as soon as this is available.

The 2021/22 financial statements are available above.

Lisa Buckle BSc (Hons), ACA
Corporate Director of Strategic Finance (S151 Officer)