Statement of accounts

Please be aware that the files attached can be quite large.

Please refer to the notice associated with the external audit of the Council's draft statement of accounts for the year ended 31 March 2019 which remains outstanding.

The external audit of the draft statement of accounts for the year ended 31 March 2020 has not yet been completed by our external auditors, EY LLP, as the Council are updating the unaudited 2018-2019 financial statements to recognise the accounting judgements and disclosures arising from the Covid-19 pandemic on events after the reporting period and going concern which impact on both the Council's and its wholly owned subsidiary, London Luton Airport Limited. EY LLP then need to conclude their quality assurance and professional practice consultations on the Council's accounting judgements, disclosures and their final audit report.

This situation is allowed for by Regulation 10, paragraph (2a) of the Accounts and Audit Regulations 2015, as amended by the Accounts and Audit (Coronavirus) (Amendment) Regulations 2020 No. 404.

Therefore this notification explains, as per Regulation 10 paragraph (2a), that we are not yet able to publish our audited 2019/20 final statement of accounts in line with publication date of 30th November 2020, as per paragraph (1). The draft statement of accounts for 2019/20 was published in accordance with the statutory deadline of 31 August 2020.

The Council’s Audit and Governance Committee will consider the 2018-2019 financial statements and EY LLP auditor’s results report as soon as this has been concluded, after which we will publish the 2018-2019 final audited accounts. Thereafter, the Council's Audit and Governance Committee will consider the 2019-2020 financial statements and EY LLP's auditor's results report as soon as this has been concluded, after which we will publish the 2019-2020 final audited accounts.

Looking for older information?

If you'd like to see an older version of our statement of accounts date, please send an email request to [email protected].

Please note some of these documents are not accessible, we are working at making them accessible.