Finance

Parish Councils vary in size. Some represent a few hundred people, others represent communities of over 50,000 people. Budget and staffing levels are proportionate to the size of the community and number of residential properties being served.

Prestbury Parish Council can only spend, raise or use money if it has a statutory power to do so. It has a wide range of powers under different Acts of Parliament, most of which are discretionary. The exercise of these powers may depend on other bodies, for example, the owner of land or another public body such as the Highways Authority. Almost all the powers of Prestbury Parish Council may be exercised by either the Parish Council or the Borough Council.

Prestbury Parish Council raises money through grants, donations, fundraising activities and by levying a precept (a mandatory demand) on the tax paying residents of Prestbury Parish and this is facilitated by Cheshire East Council. The precept required is then collected by Cheshire East Council as part of the Council Tax.

Prestbury Parish Council has to prepare a budget by then end of January each year for the ensuing financial year which runs from 1 April to 31 March.

 

Every payment made by the Council is listed in every set of Full Council minutes. Receipts are also logged in the minutes. Council accounts are available for scrutiny by any resident by appointment with the Clerk of the Council.

2021 Prestbury Parish Council Financial Regulation

8 Sept 2021

Please find a link HERE to the latest Parish Council Financial Regulations

2020/2021 Annual Accounts

The Council is audited each year, in accordance with the specifications of the Annual Governance and Accountability Return for Local Councils in England and Wales. 

The accounts for 2020/21 have been reviewed by the Councils Internal Auditor and agreed at the Full Council meeting on 9th June. 

The accounts have been submitted to the Council’s External Auditors:
PKF Littlejohn
15 Westferry Circus
Canary Wharf
London
E14 4HD

The deadline for publishing the conclusion of the audit and the audited statements is 30th  September 2021.


Below are the as yet unaudited documents the Council is required to publish:
Notice of Public Rights and Publication of Unaudited Annual Governance and Accountability Return. -It can be viewed HERE
A summary of your rights - It can be viewed HERE
Annual Governance Statement 2020/21 - It can be viewed HERE
Accounting Statements 2020/21 - It can be viewed HERE
Annual Internal Audit Report for 2020/21 - It can be viewed HERE
A copy of the Internal Audit Report 2020/21 - It can be viewed HERE

2020/2021

The budget proposed by the Finance and General Purposes Committee for the year 2020 /21 is £85,500.00

A full copy of the current (2020/21) budget can be viewed here.

The budget  was agreed at Full Council in January 2020, funding for the budget comprises of £76,000.00 and funding from reserves of £9,500.00.

 

Expenditure against budget is reviewed monthly at each Full Council meeting. 

The Council is audited each year, in accordance with the specifications of the Annual Governance and Accountability Return for Local Councils in England and Wales. 

2019/2020

The budget for the year 2019/20 was £73,525, a full copy of the budget can be found here.

The Council is audited each year, in accordance with the specifications of the Annual Governance and Accountability Return for Local Councils in England and Wales.

The accounts are audited by the Council’s External Auditors:
PKF Littlejohn
15 Westferry Circus
Canary Wharf
London
E14 4HD

The external auditors issued an 'interim' External Auditor Report and Certificate on 26th November 2020 including the reasons that the review cannot be completed. A copy can be found below.
PKF Littlejohn have issued their Final External Auditor Report and Certificate for 2019/20 dated 16th February 2021, a copy of which can be found below.


Prestbury Parish Council has issued a Notice of conclusion of audit, a copy of which can be found below.

Final External Auditor Report and Certificate 2019/20 
Notice of Conclusion of Audit 
 

Below are the documents the Council is required to publish:

Notice of the audit and right to inspect the Annual Return
Interim External Auditor Report and Certificate
Section 1 Annual Governance Statement 2019/20 & Section 2 Accounting Statements 2019/20

Annual Internal Audit Report for 2019/20

A copy of the Internal Audit Certificate for 2019/20

2018/2019

Accounts 2018/2019