Restricted funds in local authority accounts

My local council claims to prepare its accounts according to:
The 2007 Code of Practice on Local Authority Accounting – Statement of Recommended Practice (SORP) issued by CIPFA and the Accounts and Audit Regulations 2003.

I am familiar with the Charities SORP, where funds from the Heritage Lottery Fund have to be shown on the balance sheet as a separate reserve or Restricted Fund. My local council also get grants of several £00,000 from the HLF, but they don't identify them anywhere in their published accounts.

It just strikes me as peculiar that councils are getting grants that they don't acknowledge.

You can use this link to find out how much Lottery money has been distributed in your area by using the following web page, and then compare it with your local authority's accounts if you are interested.

http://www.lottery.culture.gov.uk/

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