The Parish Council financial year begins on the 1st April and finishes on the 31st March each year. At each meeting, the Councillors approve the payments to be made following the meeting. Council will receive and approve a bank reconciliation at the end of each quarter. A list of payments; how much and to whom as well as any income are set out in the minutes of each meeting.
The Parish Council sets out a budget for the year ahead in order to set the Precept. The budget is an essential tool for controlling the Council’s finances. The budget process ensures that sufficient income is available throughout the year to pay for services and expenditure for any planned projects. The Council checks spending against the budget, controlling its finances during the course of the financial year.
Precept 2021-2022 = £11,165.05
Precept 2020-2021 = £11,169.80
Precept 2019-2020 = £10,890.10
Precept 2018-2019 = £10,583.00
The Audit Commission appoints auditors to review the council's annual return. This is known as the external audit is the process by which an auditor, reviews the council's annual return and other documents as required and reports to the council and electors. The law requires the external audit to be carried out to ensure that the risks to public money have been managed. The annual return presents electors and local taxpayers the council's accounting statements and governance arrangements in the year and the external auditors opinion on them.
The Council appoints its own internal auditor as part of its financial controls, this person is independent of the Council and any business it conducts.
Annual Return (AGAR) 2019
Annual Return (AGAR) 2018