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 and every other month Councillors will receive and approve a bank reconciliation.
An Internal Auditor is appointed each year to review the accounts and all aspects of internal control. The internal auditor is an independent and competent person appointed by the Council and cannot be involved in any business with the council or a serving member of the council. The internal auditor must report to the Council and sign a report on the Annual return to confirm that the councils system of control is in place and operating.
Annual Governance and Accountability Return 2018/19
Every smaller authority in England that either received gross income or incurred gross expenditure exceeding £25,000 must complete Part 3 of the Annual Governance and Accountability Return (AGAR) at the end of the financial year in accordance with Proper Practices:
The Annual Governance and Accountability Return is made up of three parts;
The annual internal audit report is completed by the authority’s internal auditor
Sections 1 and 2 are to be completed and approved by the authority.
Section 3 is completed by the external auditor and will be returned to the authority
The authority must approve Section1, Annual Governance Statement, before approving Section 2, Accounting Statements and both must be approved and published before the 1st July 2019.
Under the Accounts and Audit Regulations 2015, authorities must publish the following information on a publicly accessible website:
Before 1st July 2019 authorities must publish:
Notice of the period for the exercise of public rights and a declaration that the accounting statements are as yet unaudited;
Each year the smaller authorities Annual Governance and Accountability Statement (AGAR) needs to be reviewed by an external auditor and the unaudited AGAR has to be published. The AGAR is yet to be reviewed by the appointed auditor and it is subject to change as a result of that review.
Any person interested has the right to inspect and make copies of the accounting records for the financial year to which the audit relates and all the books, deeds, contracts, bills, vouchers, receipts and other documentation relating to those records must be made available for inspection by any person interested.
For further details, please visit the link below
Notice of the Period for the Excercise of Public Rights 2019
Not later than 30th September 2019 authorities must publish:
Notice of Conclusion of Audit
Section 3 – External Auditor Report and Certificate
Notice of Conclusion of Audit
The Annual Return for Year Ending 31st March 2016 has now been concluded and signed off by the Parish Council. If you have any queries regarding the finances of the Parish Council and wish to see the accounts books, please make an appointment with the Parish Clerk.
All financial statements from the financial year starting 1st April 2018 are downloadable as PDF documents. If you wish to see copies of any earlier financial statements, please contact the Parish Clerk.