Audit of accounts

Notice of public rights

Transport for London (TfL)
Audit of Accounts year ended 31 March 2024
Notice of Public Rights
The Accounts and Audit Regulations 2015
Local Audit and Accountability Act 2014

NOTICE IS HEREBY GIVEN that pursuant to Section 26 and 27 of the Local Audit and Accountability Act 2014, and regulations 14 & 15 of the Accounts and Audit Regulations 2015:
The unaudited statement of accounts, remuneration report and annual governance statement of Transport for London for the year ended 31 March 2024 will be published on TfL's website as part of the Audit and Assurance Committee papers on 31 May 2024. These are subject to external audit by Janet Dawson, Partner, Ernst & Young LLP. Members of the public and local government electors have certain rights in the audit process.
The inspection period will commence on the day following the day on which these obligations have been satisfied on 31 May. Therefore the inspection period will run from 3 June to 12 July 2024, between 9.30am and 4.30pm on weekdays, any person interested may inspect the accounting records of Transport for London for the year ended 31 March 2024 and all books, deeds, contracts, bills, vouchers, receipts and other documents relating to those records, and may make copies of all or any part of those records or documents except as provided for in Section 26(4) to 26(6) of the Local Audit and Accountability Act 2014 in relation to commercially confidential and personal information. 
The accounts and other documents will be available for inspection at Palestra by prior arrangement. Please email Patrick.Doig@tfl.gov.uk to make arrangements to inspect the accounts and documents. The accounts will also be available on TfL's website.
During this period, a local government elector for any area to which the accounts relate, or their representative, may question the auditor about the accounts, or make an objection to the accounts as set out in sections 26 and 27 of the Local Audit and Accountability Act 2014. Any objection, and the grounds on which it is made, must be sent to the auditor in writing, with a copy to the Statutory Chief Finance Officer at the address given below. Any objection must state the grounds on which the objection is being made and particulars of:

  1. Any item of account which is alleged to be contrary to law under section 28 of the Local Audit and Accountability Act 2014; and
  2. Any matter in respect of which it is proposed that the auditor could make a public interest report under section 24 of, and paragraph 1 of Schedule 7 to, the Local Audit and Accountability Act 2014.

Questions and objections should be addressed in writing to the auditor, Janet Dawson, Ernst & Young LLP, 1 More London Place, London, SE1 2AF, and copied to Patrick Doig, Statutory Chief Finance Officer, Transport for London, Palestra, 197 Blackfriars Road, London SE1 8NJ.
A guide to your rights can be found on the National Audit Office website. 

Date: 31 May 2024