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.

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. 

 

 

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 timetable for submission and agreement of the 2019/20 accounts has been extended by three months due to the current COVID-19 emergency.

The accounts for 2019/20 have been reviewed by the Councils Internal Auditor and agreed at the Full Council meeting on 8th July.

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 1st December 2020.
 

Below are the as yet unaudited documents the Council is required to publish:

Annual Governance Statement 2019/20 and Accounting Statements 2019/20

Annual Internal Audit Report for 2019/20

A copy of the Internal Audit Certificate for 2019/20

Any person interested has the right to inspect and make copies of the Accounting Records for the financial year to which the audit relates.

 

The Notice of Public Rights and Publication of unaudited Annual Governance and Accountability Return including how to apply and the period these rights can be exercised can be found here

Accounts 2018/2019

2019/2020

2020/2021

2018/2019

© 2020 Prestbury Parish Council

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