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.

 

Year Ending March 2019

Budget 2018-19

 

Year Ending March 2018

Audit Notice

Summary of Electors Rights

Annual Governance and Accountability Return 2017/18 Part 3 (including Internal Audit Report) – please note the Accounting Statements are unaudited by the External Auditor

Explanation of Significant Variances

Bank Reconciliation

Payments Made

Budget 2017-18

Asset Register

 

Year Ending March 2017

Notice of Conclusion of Audit

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

Audit Notice

Summary of Electors Rights

Annual Governance Statement – if you wish to inspect the original document please contact the Clerk

Accounting Statement  – if you wish to inspect the original document please contact the Clerk

Explanation of Significant Variances

Payments Made

Internal Audit

Budget 2016-17

Asset Register 2017

 

Year Ending March 2016

Budget 2016

Conclusion of Audit Notice & Annual Return 2015-16 – if you wish to inspect the original document please contact the Clerk   

Audit 2015-16 notice

Asset Register

Bank reconciliation

Payments

Variances

 

Year Ending March 2015

Notice of Conclusion of Audit 2015

Accounting Statement

Bank Reconciliation

Explanation of Significant Variances

Payments

Governance Statement

External Audit

Internal Audit

Asset Register 2015

Budget 2015

 

Year Ending March 2014

Annual Return Notice 2014

Annual Return 2014

Internal Audit

Bank Reconciliation

Explanation of Significant Variances

Payments

Asset Register 2014

 

The following document details the Grants given and received

Grants Awarded & Received March 2018

 

The following document details contracts awarded

Contracts Awarded July 2017

 

The following documents have been approved by the Parish Council

Financial Regulations June 2018

Statement of Internal Control 2018

Risk Management Scheme 2018

Community Grant Policy June 2017