Finance    

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The Council operates a budget which is largely made up of the Precept - a sum levied on all households in the Parish.  It may also obtain funding for specific projects and there may be contributions from other sources in some years.

The Responsible Financial Officer of the Council is the Parish Clerk, who operates to strict financial regulations and produces budgets each month and a set of accounts at the end of each financial year (31st March) which are subject to Internal and External Audit.

The External Audit includes the completion of the Annual Return which gives basic information about Council income and expenditure as well as asking the Council to confirm that it is dealing with the money in a proper way.


 

Income and Expenditure 1 April 2019 to 30 March 2019

Income                                                             Expenditure

 

Precept:

2972.00

Clerk Salary/expenses:  1984.69

 

 

HMRC:

444.00

Bank Interest:

7.23

General Admin:

542.57

Total:

2979.23

 

2971.26

Balance brought forward 2018:

3690.38

 

Add income:

 

2979.23

 

Less payments:

 

2971.26

 

Carried forward

 

3698.35

Funds at bank:

 

 

6177.04

Less cheques not presented:

1984.69

 

 

 

444.00

 

 

 

50.00

 

 

Total:

2478.69

3698.35

Funds made up of: Reserve Account: 3498.35

 

                              Current Account:  200.00

3698.35

Single Payments over £100:

Clerk:                        1984.69

HMRC:                         444.00

YLCA Subs                    122.00

Insurance:                    219.40

 



       


 

BANK RECONCILIATION 2018/2019

Prepared by Sue Trenerry Responsible Officer

 

Balance per bank statements as at 31 March 2019:

£6177.04

Less unpresented cheques:

Salary

£1984.69

 

HMRC

444.00

 

Donation Salvation Army

50.00

6177.04

 

2478.69

 

3698.35

 

Net balances as at 31 March 2019                                                                           £3698.35

The net balances reconcile with the Receipts and Payment Book for the year as follows:

Opening Balance 1 April 2018

£3690.38

Add receipts for year

2979.23

Less payments in the year

2971.26

Closing balance in Receipts and Payment Book at 31 March 2019

3698.35


Explanation of variances can be viewed    Here

Your rights to view accounts   Here   

Annual Governance    Here

Internal Audit Report    Here

Certificate of Exemption   Here

Last Years Accounts can be viewed   Here