Statement of Accounts
Lambeth Council's 2025/26 financial statements have received a disclaimed audit opinion, while other councils review their financial outturns.
Lambeth Council's financial statements for the year ending March 2026 received a disclaimed opinion from external auditors Forvis Mazars in October 2026. This means auditors could not express an opinion on whether the accounts present a true and fair view, citing insufficient audit evidence due to historic challenges and ongoing issues with the Pension Fund's balances.
This disclaimed opinion for Lambeth follows similar outcomes for the previous two financial years. Elsewhere, Greenwich Council's Cabinet discussed its 2025/26 financial outturn in September 2026, and Southwark Council's Audit, Governance and Standards Committee reviewed year-end reports and audit plans in July 2026.
A Statement of Accounts is a formal set of financial statements prepared by a local authority, detailing its financial performance and position. In October 2024, Barnet Council's Governance, Audit, Risk Management and Standards Committee discussed significant delays in external audits for previous financial years.
Key facts
- Lambeth Council's financial statements for the year ending March 2026 received a disclaimed opinion from external auditors Forvis Mazars in October 2026. Source
- The disclaimed opinion for Lambeth Council's 2025/26 accounts is due to insufficient audit evidence, following similar outcomes for the previous two financial years. 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.