Sundry Debtors and Creditors
Lambeth Council's financial management, including external financial reporting and performance monitoring, is under scrutiny following an independent review in October 2026.
An independent review by Grant Thornton in October 2026 found Lambeth Council at risk of non-compliance in eight key financial areas. The report, presented to the Audit and Risk Committee, highlighted concerns over demonstrating value for money in spending and contracts, financial resilience, and external financial reporting.
The review also raised issues with medium-term financial planning and monitoring financial performance, which relate to sundry debtors and creditors – amounts owed to and by the council. No upcoming meetings are currently scheduled to specifically discuss this topic.
Key facts
- An independent review by Grant Thornton found Lambeth Council at risk of non-compliance in eight key financial areas in October 2026. Source
- The review highlighted concerns over demonstrating value for money in spending and contracts. Source
- The report was presented to the Audit and Risk Committee on 22 October 2026. Source
About this summary
This summary was written automatically from our published stories and the council meeting records they draw on. It describes what councils have discussed and decided; it does not take a view on any decision. Each key fact links to the story it comes from. Updated 23 October 2026. Spotted a mistake? Email community@opencouncil.network.