We strive to provide value for money and have a sound financial management system in place.
We have a duty to spend taxpayers’ money lawfully and before spending we ensure that:
- We have a legal power to do so. (If we spent money where no power exists we would be acting ultra vires – beyond our powers).
- We follow lawful procedures in accordance with our Financial Regulations.
- Unnecessary risks are not taken.
- Spending is open to public scrutiny.
Parish Councils are governed by legislation and have a duty to:
- Appoint a Responsible Financial Officer (RFO) to manage its finances (Local Government Act 1972, S151).
- Spend money in accordance with Financial Regulations.
- Agree a budget based on its Strategic Plan which outlines planned spending over a period of time.
- Put in place a sound system of internal control which includes internal audit, at least annally, and carried out by an independent auditor.
- Approve spending each month and monitor spending against the approved budget.
- Publish accounts in accordance with audit regulations.
Monitoring and Control
The Council’s finances are governed by it Financial Regulations 2020
The Council’s investments are managed by its Investment Strategy
The Council manages its finances in accordance with legislation by following guidance as laid out in The Good Councillors Guide to Finance and Transparency 2017 and Governance and Accountability for Smaller Authorities in England 2018
Income and Expenditure
Year ending March 2020
Year ending March 2019
External auditor‘s conclusion
Grants are awarded in accordance with our Community Grant Policy
All applicants must complete our Community Grant Application Form