This page will tell you about the Parish Council FinanceEach year the Council sets a budget and it requests funding, a 'precept', from the District Council. The precept is raised from the Council Tax applied to properties within the Parish. The Council will also try to seek grants to fund some of its proposed plans.
The Parish Clerk holds the role of Responsible Finance Officer and manages the accounts in line with Financial Regulations and reporting to the Council at each meeting.
If you have any questions about the accounts please do contact the Clerk or Chairman
Given the context of the Covid 19 Pandemic, in April 2020 the Ministry of Housing Communities and Local Government issued Statutory Instruments relevant to the governance of Parish Councils.
SI 2020/404 The Accounts and Audit (Coronavirus) Amendment Regulation 2020 amended the usual deadlines by which the Annual Governance Statement; Statement of Accounts and the Annual Governance and Accountability Return (AGAR) must be published. And it set the requirement that the 30-working day period for the exercise of public rights should start on or before the first working day of September 2020.
ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2020
The period for Exercise of Public Rights was 28 August - 9 October 2020
- explains that the Annual Governance and Accountability Return will not be reviewed by the nationally appointed Auditor since as a Smaller Authority the Parish Council was able to complete a Certificate of Exemption;
- describes how any person interested may examine the Parish Council's Annual Governance and Accountability Return (AGAR) and has the right to inspect the accounting records for 2019-20. The notice provided the detail of this process; AND
- confirms the arrangements for any Local Elector to question the appointed Auditor about the accounting record ~this has to be done during the period for the exercise of such rights - i.e between 28 August - 9th Octber 2020;
- provides a summary of rights on page 2 and 3 of the notice.
For a copy of the Certificate of Exemption CLICK HERE
For a copy of the Annual Governance Statement, CLICK HERE, and
For a copy of the Statement of Accounts, CLICK HERE
The above Accounting Statements include summary data from the Parish Council's Accounts and compares the figures for the current year 2019-20 with the previous year 2018-19. Where the variance between the two figures for each year is greater than 15% then an explanation for the variance is required. A bank reconciliation is also required to show the funds held by the Parish Council at 31 March 2020.
For a copy of the analysis of variance and the bank reconciliation CLICK HERE
We are grateful for our local Internal Auditor completing an internal Audit of our practices and accounts.
For a copy of the Annual Internal Audit Report CLICK HERE
You can look at the Parish Council's Summary End of Year Accounts 2019-20 Here