The Parish Council has adopted a set of financial regulations to govern the conduct of the financial transactions of the Council.
We set our budget at the January meeting each year to determine the level of the precept for the following financial year.
During the year expenditure is monitored against the budget and the Council reserves to ensure solvency and adherence to agreed expenditure.
At the end of the financial year (31st March) detailed receipts and payments accounts are prepared and are used to complete the Annual Return, together with the internal auditor’s report, before the completed document is forwarded to the external auditor.
From 2015 the Parish Council must also comply with the Transparency Code for Smaller Authorities, which details the minimum amount of financial information that must be published online.