Budgets and spending
We have a duty to manage all public funds properly. We publish details of all payments to suppliers over £500.
View payments to suppliers Information for suppliers
Statements of Accounts and related publications
Each year we produce a Statement of Accounts. The purpose of the Statement of Accounts is to give electors, local taxpayers, members of the Council and other interested parties clear information about the Council's finances.
2023/24
2022/23
Notice regarding the completion of the External Audit and publishing of the final Statement of Accounts for 2022/23
The external audit of the draft Statement of Accounts for the year ended 31 March 2023 has not yet commenced by our external auditors, EY LLP, as they are awaiting guidance from the Department of Levelling Up, Housing and Communities and the Financial Reporting Council on system wide plans to resolve delayed audits.
Dated: 31 May 2024
Previous Statements of Accounts
- Statement of Accounts 2021/22
- Independent Auditor's Report 2021/22
- Statement of Accounts 2020/21
(pdf, 1.4 MB) - Independent Auditor's Report 2020/21 (pdf, 2.2 MB)
- Independent Auditor's Report 2019/20 (pdf, 3.5 MB)
- Statement of Accounts 2019/2020 (pdf, 1.4 MB)
- Statement of Accounts 2018/2019 (pdf, 1.2 MB)
- Annual Audit Letter 31 March 2019 (pdf, 14.8 MB)
- Independent Auditor's Report 2018/2019 (pdf, 17 KB)
- Statement of Accounts 2017/2018 (pdf, 1.7 MB)
- Independent Auditor's Report 2017/2018 (pdf, 332 KB)
- Statement of Accounts 2016/2017 (pdf, 2.4 MB)
- Statement of Accounts 2015/2016
(pdf, 2469KB) - Statement of Accounts 2014/2015(pdf, 1738KB)
- Statement of Accounts 2013/2014(pdf, 1677KB)
- Statement of Accounts 2012/2013(pdf, 707KB)
- Statement of Accounts 2011/2012(pdf, 736KB)
- Statement of Accounts 2010/2011(pdf, 1527KB)
- Statement of Accounts 2009/2010(pdf, 1000KB)
Pension Fund Annual Report
- Pension Fund Annual Report 2014/2015(pdf, 1666KB)
- Pension Fund Annual Report 2013/2014(pdf, 812KB)
- Pension Fund Annual Report 2012/2013(pdf, 383KB)
- Pension Fund Annual Report 2011/2012(pdf, 392KB)
- Pension Fund Annual Report 2010/2011(pdf, 345KB)
- Pension Fund Annual Report 2009/2010(pdf, 347KB)
- Pension Fund Annual Report 2008/2009(pdf, 561KB)
Budget books
Each year we set detailed revenue and capital budgets.
The revenue budgets include income and expenditure relating to the day to day running of the Council.
The capital budgets include income and expenditure that will yield benefit to the Council over a period of more than a year (e.g. roads, buildings).
Current budget book
Previous budget books
- Budget book 2022/2023 (pdf, 6.2 MB)
- Budget book 2021/2022 (pdf, 4.6 MB)
- Budget Book 2020/2021 (pdf, 4.0 MB)
- Budget Book 2019/2020 (pdf, 2.0 MB)
- Budget Book 2018/2019 (pdf, 1.8 MB)
- Budget Book 2017/2018 (pdf, 2.4 MB)
- Budget Book 2016/2017(pdf, 1875KB)
- Budget Book 2015/2016(pdf, 1833KB)
- Budget Book 2014/2015(pdf, 1299KB)
- Budget Book 2013/2014(pdf, 1531KB)
- Budget Book 2012/2013(pdf, 1448KB)
- Budget Book 2011/2012(pdf, 3491KB)
- Budget Book 2010/2011(pdf, 2514KB)
- Budget Book 2009/2010(pdf, 5400KB)
- Budget Book 2008/2009(pdf, 5864KB)
- Budget Book 2007/2008(pdf, 1398KB)
Treasury management
We manage the Council’s cash to ensure that:
- No cash is lost through poor investments
- Investments are timed to prevent the need for short term borrowing
- Borrowing is planned and taken at the best time
- Informed decisions are taken to ensure the most efficient use of cash over the medium term
Priorities when investing money
When deciding how to invest money, we consider:
- The security of the investment
- The need for liquidity (to have money available when it’s needed e.g. when a big bill is expected)
- The return on the investment
The return on investment is only considered once the first two conditions have been satisfied.
More information
Recent information on Richmond’s treasury management has been reported to Cabinet as follows:
- June 2022: Treasury Management Annual Report 2021/22, giving a summary of Treasury Management activity and performance for the prior year
- February 2023: Treasury Management Policy and Strategy for 23/24, setting the objectives and controls for Treasury Management for the coming year
VAT number
The Council’s VAT number is GB 222 8069 76.
Contact details
The Accountancy team is available to answer queries about the Council’s accounts and finances between 9am and 5pm, Monday to Friday.
The Accountancy Department
London Borough of Richmond upon Thames
The Town Hall, Room 111
Wandsworth High Street
London
SW18 2PU
Phone: 020 8891 7200
Up to: Council finance
Updated: 07 June 2024
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