Council budgets and spending Statement of accounts

The statement of accounts is the formal financial report on the activities of the council as required by the Accounts and Audit regulations 2015 and other statutory provisions.

For Shropshire Council, the full statement of accounts includes:

• A narrative report
• The statement of responsibilities
• The audit opinion and certificate
• The core financial statements comprising: the comprehensive income and expenditure statement, the movement in reserves statement, the balance sheet, the cash flow statement, and the notes to the core financial statements
• The group accounts
• The housing revenue account
• The collection fund
• The pension fund accounts, which summarise the financial position of the Shropshire County Pension Fund
• The glossary

The 2023/24 Statement of Accounts have been audited by our external auditors, Grant Thornton LLP and approved by Audit Committee on 20 December 2024.

The Accounts have received an unqualified audit opinion on 18 February 2025. On the same date the external auditors also issued an unqualified conclusion on the Council’s arrangements for securing economy, efficiency and effectiveness in it’s use of resources as required by the Local Audit and Accountability Act 2014, the National Audit Office’s Code of Practice and supporting guidance.

A notice of completion of the audit cannot be issued by our external auditors at this time until items identified in their audit opinion in the attached Statement of Accounts are finalised.  Once these have been completed, the Council will publish the notice of completion alongside the audit certificate.

In accordance with Accounts and Audit Regulations 2015 (Regulation 16 (1)) and the Local Audit and Accountability Act 2014 (Section 25) electors may inspect and may request copies of the accounts as published here electronically (for which a reasonable sum may be charged by the authority).  The Notice of Public rights paragraph 1 in the link below gives contact details and business hours for electors to exercise this right.