Statement of accounts

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Statement of accounts

Find out about the costs and income of services for the financial year and liabilities and assets at the year end.

Our Statement of Accounts are prepared in accordance with the Accounting Code of Practice. This sets out the principles and practices of accounting required to prepare a Statement of Accounts which presents a 'true and fair' view of the financial position and transactions of a local council. Any departures from this standard are disclosed in the notes to the accounts.

Notice of appointment of Auditor from 2023/2024

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. Torbay Council opted into this arrangement.

The PSAA board approved the appointment of Grant Thornton (UK) LLP to audit the accounts of Torbay Council for a period of five years, covering the accounts from 1 April 2023 to 31 March 2028. This appointment is made under regulation 13 of the Local Audit (Appointing Person) Regulations 2015.