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, which is then agreed at the May Parish Council Annual General Meeting in May. The Parish Council then complies with the Transparency Code for Smaller Authorities and publishes the Annual Return and supporting documents on its website. Note that prior to 2018 these documents were required to be forwarded to an external auditor but from 2018 on this requirement is removed providing both income and expenditure are less than £25,000.