The CIPFA Code of Practice sets out a requirement for authorities to prepare group accounts where the council has interests in subsidiaries, associates and/or joint ventures, subject to consideration of materiality.

The council has consolidated its subsidiaries Broadway Living Limited, Broadway Living RP Limited and Greener Ealing Ltd on a line-by-line basis with all intra-group transactions and balances removed.

The 2024/25 group accounts have been restated from the 2024/25 published financial statements as a result of the approval of the 2024/25 financial statements of Broadway Living Ltd and Broadway Living RP Ltd.

The Group structure is as set out below. Greener Ealing is a wholly owned subsidiary of the council. Broadway Living Ltd is a wholly owned subsidiary of the council, and Broadway Living RP Limited is a wholly owned subsidiary of Broadway Living Limited.

The council has investment in Future Ealing Ltd (20% minority shareholding). The council's group accounts does not consolidate the Future Ealing Ltd balances due to immaterial balances and include any trading transactions in the council's single entity accounts.