Issue

Disclaimed Audit Opinion

2 stories · 2 councils

Tower Hamlets Council is projected to face a disclaimed audit opinion until 2029-30, as it addresses financial and control issues.

Tower Hamlets Council is projected to face a disclaimed audit opinion until the 2029-30 financial year, according to external auditors EY at an Audit Committee meeting in July 2026. This means auditors cannot express an opinion on the financial statements due to insufficient evidence. The council is working to address financial and control environment issues to achieve an unmodified opinion.

The Barnet Pension Fund's audit opinion was disclaimed in March 2026, though the fund itself surpassed £1.86 billion and outperformed its benchmark. The fund's net assets increased by £74.2 million over the year, reaching £1.7 billion. No further meetings are currently scheduled to discuss disclaimed audit opinions at either council.

Key facts

  1. Tower Hamlets Council is projected to face a disclaimed audit opinion until the 2029-30 financial year. Source
  2. External auditors EY shared this projection at a Tower Hamlets Audit Committee meeting in July 2026. Source
  3. The Barnet Pension Fund's audit opinion was disclaimed in March 2026. Source
  4. The Barnet Pension Fund reached a total value of £1.86 billion in March 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 30 September 2026. Spotted a mistake? Email community@opencouncil.network.

Latest stories

  1. Tower Hamlets faces disclaimed audit opinion until 2029-30 Tower Hamlets Council is facing a disclaimed audit opinion that could persist until the 2029-30 financial year, according to projections shared at a recent Audit Committee meeting. Tower Hamlets 24 July 2026
  2. Barnet Pension Fund Surpasses £1.86bn Mark, Outperforms Benchmark Despite Audit Disclaimer The Barnet Pension Fund has reached a total value of £1.86 billion, exceeding its benchmark performance, according to a report presented to the Pension Fund Committee on Monday,... Barnet 17 March 2026