What is the Transparency Report?

This report is designed to help our stakeholders understand us better and to demonstrate that we have the skills, resources, and tools needed to conduct high-quality audit engagements objectively and effectively. Grant Thornton continues to invest in these areas to strive for continuous quality improvement.

See our previous reports

image of quote marksForeword from our Partner, Neal Taylor

Our mission at Grant Thornton is to build a strong business, which is focused on quality, supports Gibraltar’s economy, and delivers growth in a sustainable manner.

In this regard, 2023 was another year of significant development for the firm. The practice continued to grow its base of high-quality clients with an additional three Public Interest Entity audits being undertaken in the year.

neal taylor, audit partner

Neal Taylor
Partner - Audit and Assurance

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  • Successfully passed the latest GTIL review with no significant findings.

  • Implemented the new ISA compliant audit methodology developed by GTIL.

People and culture

  • Staff numbers have been growing to 25, more than tripling since 2021.

  • Fostered links with the University of Gibraltar, through placement of students and a bursary to the most outstanding accountancy and finance student.

work colleagues talking

two corporate work colleagues walking outdoors and laughing

Financial performance

  • +40% net revenue grew from £1,404M to £1,959M.

  • Strong growth in statutory audits for PIEs and in non-audit services.

  • GT UK took a 50% ownership stake to provide additional knowledge and expertise in the Gibraltar market.

Download the latest report for Grant Thornton Gibraltar

Download the report (PDF) [ 8957 kb ]

Further information

Grant Thornton is committed to transparency and ensuring that stakeholders have access to the information they need.

If you require further information or have any queries about the report, please don't hesitate to reach out to Grant Thornton using the contact form provided.

Our team will respond to your message as soon as possible and provide you with the information or clarification you need.