Mickleton Parish Council

Community Matters

Slide 1

Annual Governance and Accountability Return 2017/18

Published on Monday, 16 July 2018 10:29 Hits: 250

Category: Transparency Code

Annual Governance and Accountability Return 2017/18

 

Under the Local Audit and Accountability Act 2014, and The Accounts and Audit (England) Regulations 2015 (S1 234), the Parish Council makes available its Annual Governance and Accountability Return. The following documents can all be accessed by clicking on their name.

No.

Item

Download File

 1  Notice of Exercise of Public Rights  icon Notice of Public Rights (88.43 kB)
 2  Summary of Public Rights  icon A Summary of Public Rights (85.39 kB)
 3  Certificate of Exemption  icon Certificate of Exemption 2017-18 (189.95 kB)
 4  Internal Audit Report 2017/18  icon Internal Audit 2017-18 (199.51 kB)
 5  Annual Governance Statement 2017/18  icon Governance Statement 2017-18 (178 kB)
 6  Accounting Statement 2017/18  icon Accounting Statement 2017-18 (186.88 kB)
 7  Explanation of Significant Variances  icon Significan Variances (74.1 kB)
 8  Bank Reconcilliation  icon Bank Reconciliation (68.39 kB)
 9  Items of Expenditure  icon Expenditure 2017-18 (58.44 kB)
 10  End of Year Accounts 2017/18  icon Balance Sheet 2017-18 (64.87 kB)
 11  Asset Register  
 12    
     

 

The Financial Regulations under which the Parish Council operates are reviewed annually.

PARISH BUDGET AND PRECEPT

The Parish Council annually reviews its income and expenditure at a full Parish Council meeting, held on the second Tuesday of December. At this Parish Council meeting the village precept is set which is then submitted to Durham County Council for inclusion in the county tax band calculations.

The village precept for the current year is £4037 which forms the bulk of the Parish Council income. The Parish Council strive to spend this money prudently on maintenance issues around the parish to maintain and enhance the aesthetics of the village.

Transparency Code Requirements

The Local Audit and Accountability Act 2014 sets out a new framework for local public authorities which are currently covered by the Audit Commission regime. Under the new framework, Local Councils with an annual turnover not exceeding £25,000 will be exempt from routine external audit.

All items of expenditure greater than £100 are minuted within the monthly Parish Council Minutes.

End of year accounts are shown.

An annual governance statement is produced in accordance with the format of the annual return audit form.

Internal annual audit report, an annual internal financial audit is carried out prior to current submission to the external auditing body.

Public Land and Building Assets to be identified.