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Finances

As part of the Parish Council's commitment to openness and transparency, the following financial documents can be viewed on this page:

Thurston's Financial Regulations

For a summary of the Budget for the Three Years from 2017-2020 please click here. 

In accordance with "Governance and Accountability for Local Councils - a Practitioner's Guide", and in conjunction with the Council's Standing Order 17, each quarter the Parish Council receives a report which contains a comparison between the budget for the financial year, expenditure incurred to date along with any actual or potential overspends.This will allow the council to understand how its spending plans are proceeding and whether there will be any need to amend its expenditure plans. These will be uploaded onto this page within the relevant year files once received by the council.

For the Accounts relating to 2019 -2020, please view the relevant documents as listed below:

  Risk Assesment and Management (Financial) Schedule for 2019 -2020
Budget versus actual expenditure review to 31 March 2020 Budget versus actual expenditure review to 31 December 2019
Budget versus actual expenditure review to 30 September 2019 Budget versus actual expenditure review to 30 June 2019
Donations for year ending 31 March 2020 (live document)  Internal control review February 2020
Internal control review December 2019 Internal control review August 2019
Internal control review May 2019 Finalised budget for 2019 - 2020

 

CONCLUSION OF EXTERNAL AUDIT FOR THE YEAR ENDING 31 MARCH 2019

The External Auditors, PKF Littlejohn LLP have now completed their review of the Annual Governance & Accountability Return (AGAR) for Thurston Parish Council for the year ended 31 March 2019.  On the basis of their review of Sections 1 and 2 of the Annual Governance and Accountability Return (AGAR) and on the information contained within that document, along with supporting documents, in their opinion there are no matters which have given cause for concern and that the information contained within the AGAR has been produced in accordance with relevant legislation, regulatory requirements and Proper Practices.

For a copy of the notice of conclusion of audit please click here.

For a copy of Sections 1 and 2 of the AGAR please click here.

To view the External Auditor Report and Certificate please click here.

EXTERNAL AUDIT FOR THE YEAR ENDING 31 MARCH 2019

Every smaller authority in England that either receives gross income or incurred gross expenditure exceeding £25,000 must complete Part 3 of the Annual Governance and Accountability Return (AGAR) at the end of each financial year in accordance with Proper Practices. The Annual Governance and Accountability Return is made up of three parts, pages 3 to 6:

• The annual internal audit report is completed by the authority’s internal auditor.
• Sections 1 and 2 are to be completed and approved by the authority.
• Section 3 is completed by the external auditor and will be returned to the authority.

An authority, such as Thurston Parish Council, with either gross income or gross expenditure exceeding £25,000 must send to the appointed external auditor:

• the Annual Governance and Accountability Return Sections 1, 2 and 3, together with
• a bank reconciliation as at 31 March 2019
• an explanation of any significant year on year variances in the accounting statements
• notification of the commencement date of the period for the exercise of public rights
• Annual Internal Audit Report 2018/19

PERIOD FOR THE EXERCISE OF PUBLIC RIGHTS FOR THE YEAR ENDING 31 MARCH 2019

In accordance with The Local Audit and Accountability Act 2014 and the Accounts and Audit Regulations 2015 the accounting records for the financial year ending 31 March 2019, (which includes all books, deeds, contracts, bills, vouchers, receipts and other documents relating to those records) shall be made available for inspection by any person interested, during a period of 30 working days set by the smaller authority and including the first 10 working days of July. The period set by the Responsible Financial Officer for Thurston for inspection for this year covers the period 3 June to 12 July 2018 inclusive. To view further details on the dates of the period for the exercise of public rights including information on Local Authority Accounts: A Summary of Your Rights please click here to view the file. For the detailed guide produced by the National Audit Office 'Local authority accounts: a guide to your rights' please click here to download the guide.

 

For the Accounts relating to 2018 - 2019 please view the relevant documents as listed below:

External Auditor Report and Certificate 2018/19 Audited AGAR - Sections 1 and 2
Unaudited AGAR - including Annual Audit Report and Sections 1 and 2  Variances for the year on year 2018 - 2019
Statement of Accounts for year ending 31 March 2019  Asset Register for period ending 31 March 2019
Annual Internal Audit Report - year 2018 - 2019  Year End Bank Reconciliation 31 March 2019
Budget versus Actual Expenditure Review - end of year March 2019 Budget versus Actual Expenditure Review - December 2018
Budget versus Actual Expenditure Review - September 2018  Budget versus Actual Expenditure Review - June 2018
Donations for year ending 31 March 2019 Internal Control Review - February 2019
Internal Control Review - November 2018  Internal Control Review - August 2018
Internal Control Review - June 2018 Finalised Budget for 2018 - 2019

 

CONCLUSION OF EXTERNAL AUDIT FOR THE YEAR ENDING 31 MARCH 2018

The External Auditors, PKF Littlejohn LLP have now completed their review of the Annual Governance & Accountability Return (AGAR) for Thurston Parish Council for the year ended 31 March 2018.  On the basis of their review of Sections 1 and 2 of the Annual Governance and Accountability Return (AGAR) and on the information contained within that document, along with supporting documents, in their opinion there are no matters which have given cause for concern and that the information contained within the AGAR has been produced in accordance with relevant legislation, regulatory requirements and Proper Practices. For a copy of the notice of conclusion of audit please click here. For a copy of Sections 1 and 2 of the AGAR please click here. To view the External Auditor Report and Certificate please click here.

For the Accounts relating to 2017 -2018, please view the relevant documents as listed below:

Annual Internal Audit Report from the AGAR Annual Governance Statement from the AGAR
Unaudited Accounting Statements from the AGAR Variances for the year on year 2017 / 2018
Statement of Accounts for 2017 - 2018 Asset Register as at 31 March 2018
Reserve Position as at 31 March 2018 Annual Internal Audit Report for 2017-2018
Year End Bank Reconciliation - 31 March 2018 Period of exercise of public rights for 2017-2018

Whilst Thurston Parish Council is not subject to the Local Government Transparency Code 2015 it has decided, in light of it's commitment to openness and transparency, to make public details of spending on all goods and services that fall above a £500 threshold available for the public to view.

Navigate to each document by means of the links below:

Expenditure totalling £500 or more for the period ending 31.12.19 Expenditure totalling £500 or more for the period ending 30.09.19
Expenditure totalling £500 or more for the period ending 30.06.19  Expenditure totalling £500 or more for the period ending 31.03.19
Expenditure totalling £500 or more for the period ending 31.12.18  Expenditure totalling £500 or more for the period ending 30.06.18
Expenditure totalling £500 or more for the period ending 30.09.18  Expenditure totalling £500 or more for the period ending 31.03.18