Welshampton and Lyneal Parish Council aims to give value for money as it raises and spends money for the benefit of the local community.  It makes it clear where the money goes and is accountable for sound financial management.

Parish Councils that spends taxpayers’ money has a duty to do so lawfully and must be confident that whenever it spends any money

  • it has the legal power (it is not acting beyond its powers)
  • it follows lawful procedures
  • it does not take unnecessary risks
  • transactions are transparent
  • councillors conform to standards in public decision making.

There is legislation that provides a detailed framework that Parish Councils must follow.  Parish Councils must take responsibility for

  • appointing an appropriate officer to manage its finances
  • following lawful and proper financial procedures
  • deciding how much precept (the amount of money Shropshire Council collects on behalf of the Parish Council) to ask for from the council tax
  • establishing sound internal control (audit) systems
  • setting up its own financial regulations
  • formally accepting the end of year accounts
  • submitting what is required to the external auditor
  • publishing the accounts and the results of audit

 

Monitoring and control

At every Council meeting the Budget is monitored and explanations for any amounts under or over expenditure are discussed.  Also, expenditure can only be approved at full Council meetings.  The Council’s finances are audited annually both internally and externally.

Please note that some pdfs/documents may not comply with the Accessibility Regulations but they can be provided in an alternative format or media on request

Year Ending March 2024

Notice of Conclusion of Audit

External Report

Asset Register 2024

Budget 2023/24

Audit Notice

Summary of Public Rights

Governance Statement – AGAR Section 1

Accounting Statements – AGAR Section 2

Internal Audit Report

Explanation of Significant Variances

Bank Reconciliation

Payments Made

 

Year Ending March 2023

Notice of Conclusion of Audit

External Audit

Asset Register 2023

Budget 2022/23

Audit Notice

Summary of Public Rights

Governance Statement – AGAR Section 1

Accounting Statements – AGAR Section 2

Internal Audit Report

Explanation of Significant Variances

Bank Reconciliation

Payments Made

 

Year Ending March 2022 – please note these documents are available for inspection by contacting the Clerk

Notice of Conclusion of Audit

External Audit

Audit Notice

Summary of Public Rights

Governance Statement – AGAR Section 1

Accounting Statements – AGAR Section 2

Internal Audit Report

Explanation of Significant Variances

Bank Reconciliation

Payments Made

Budget 2021-22

Asset Register 2022

 

Year Ending March 2021 – please note these documents are available for inspection by contacting the Clerk

Notice of conclusion of Audit

External Audit

Audit Notice

Summary of Public Rights

Governance Statement – AGAR Section 1

Accounting Statements – AGAR Section 2

Internal Audit Report

Explanation of Significant Variances

Bank Reconciliation

Payments Made

Budget 2020-21

Asset Register 2021

 

Year Ending March 2020 – please note these documents are available for inspection by contacting the Clerk

Notice of conclusion of Audit

External Audit

Audit Notice

Summary of Public Rights

Governance Statement – AGAR Section 1

Accounting Statements – AGAR Section 2

Internal Audit Report

Explanation of Significant Variances

Bank Reconciliation

Payments Made

Asset Register 2020

Budget 2019-20

 

Year Ending March 2019

Conclusion of Audit

External Audit – If you wish to inspect the original document please contact the Clerk.

Audit Notice

Audit Public Rights

Governance Statements

Accounting Statements – If you wish to inspect the original document please contact the Clerk.

Annual Internal Audit Report

Explanation of Significant Variances

Bank Reconciliation

Payments Made

Budget 2018-19

Asset Register

 

Year Ending March 2018

Conclusion of Audit Notice

External Audit  If you wish to inspect the original document please contact the Clerk.

Audit Notice

Summary of Electors Rights

Annual Governance and Accountability Return 2017/18 Part 3 (including Internal Audit Report)  If you wish to inspect the original document please contact the Clerk.

Explanation of Significant Variances

Bank Reconciliation

Payments Made

Budget 2017-18

Asset Register

The following document details the Grants given and received

Grants Awarded & Received 2023

 

The following document details contracts awarded

Contracts Awarded January 2023

 

The following documents have been approved by the Parish Council

Financial Regulations September 2024

Financial Reserves Policy May 2024

Statement of Internal Control 2023

Risk Management Scheme 2024

Community Grant Policy June 2024