Finance

 

Year-ending 31 March 2022

AGAR 2021-22:

Governance statement

Statement of accounts

Internal auditor's report

​​​Exercise of electors' rights & summary of electors' rights

​Year-end bank reconciliation

Explanation of significant variances

Asset Register 31.03.22

Budget 21-22

*Parish Councils are empowered to raise money for their activities through a tax (the Precept) on the village residents which is collected on their behalf by the Borough Council, as an addition to the Borough and County Council Tax. This is then paid to the Parish Council.

 
 
 
Year ending 31 March 2021

AGAR Section 1 & 2

AGAR Section 3

AGAR Internal Audit

Bank reconciliation

Analysis of Variances 

Budget

Asset Register

Exercise & Summary of Electors Rights

Notice of conclusion

 

Year ending 31 March 2020

AGAR  

Bank Reconciliation

Explanation of variances

Exercise of elector's rights 

Summary of elector's rights

List of payments over £100

Budget

Notice of conclusion of audit

British Pound Coins

FINANCES

 

Our financial year runs from 1 April to 31 March. We agree an annual budget in January each year and also decide how much the annual Precept should be set at. We submit our annual accounts in the form of an Annual Governance and Accountability Return (AGAR) to the external auditor, PKF Littlejohn.

All the Councils finances and procedures are fully audited annually by an external party.

The Council Tax Precept

 

The precept is the Parish Council’s share of the council tax.  The precept demand goes to the billing authority, North Norfolk District Council, which collects the tax for the Parish Council. The 'Precept' is converted into an amount per Council Tax Band that is added onto the Council Tax bill.  Income and expenditure for the next financial year are calculated in the form of estimates. 

 

Parish and town councils can apply for other funding such as grant and funding awards, but they do not receive funds direct from central government as principal authorities do. 

Copies of documents are available from the Clerk upon request.