Swainswick Parish Council

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Financial Administration

The Financial Regulations for the Council can be found on the following link:-

Swainswick Parish Council Finance Regs.

AUDITED ACCOUNTS FOR YEAR 2017/2018 – CURRENT YEAR

The Parish Council Year End Accounts and for 2017/2018 can be found by clicking the following links: 

Swainswick Parish Council Year End Accounts 31st March 2018

Swainswick PC Bank Rec 2017-2018

The variances below relate to the differences between expenditure 2016/2017 and 2017/2018

Swainswick PC Variances 2017-2018

THE REQUIRED AUDIT PAPERS FOR 2017/2018 follow below.

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TRANSPARENCY CODE AND AUDIT: Under the audit regulations and Transparency Code for Smaller Authorities, we are required to publish certain information each year, including a list of expenditure, the annual governance statement, our annual accounts and details of the internal audit report. These can all be seen below under the appropriate Accounting Year.   The notice setting the dates for the exercise of public rights (to inspect our accounts) for the current year follows immediately.

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AUDITED ACCOUNTS FOR YEAR 2017/2018 – CURRENT YEAR

The Parish Council Year End Accounts for 2017/2018 can be found by clicking the following link: 

Swainswick Parish Council Year End Accounts 31st March 2018

Audit procedures have been revised for 2017/2018 which mean that Councils with a turnover (Income/payments) of less than £25000 do not need to submit details to the external auditors unless specifically requested so to do.

In such cases Parish Councils must submit a Certificate of Exemption to the external auditors. This document has been completed and submitted and is shown below.

Completed Audit Papers for 2017/2018  follow this certificate which were signed off at a Council meeting  on 11th June 2018.

Certificate of Exemption 2018

 

The required Audit Papers for 2018 follow. There are four documents.

Internal Audit 2018

Annual Governance Statement

Annual Governance 2018

Accounting Statement

Accounting Statement 2018

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PREVIOUS YEARS ACCOUNTS

AUDITED ACCOUNTS FOR YEAR 2016/2017

The Parish Council Year End Accounts for 2016/2017 can be found Swainswick Accounts Year End 2016 – 2017

Audit information and sign off from our external auditors.

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AUDITED ACCOUNTS FOR YEAR 2015/2016

The Parish Councils Year End Accounts 2015/2016 – Swainswick Accounts March 2016

The internal audited account summary is here

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The external audit report is here

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In reporting this the Local Government Act 1972 requires Parish Councils to make arrangements for proper financial administration. In Swainswick, the Clerk to the Parish Council is the Responsible Financial Officer and advises the council on financial management. The main responsibilities are:

  • To maintain financial records and administer the Council’s finances.
  •  To ensure compliance with Financial Regulations and to recommend revisions where necessary.
  • To prepare a draft budget for the Council’s consideration. To monitor spend against budget and, if necessary, invite the Council to review the budget.
  • To prepare records for internal and external audit purposes and the exercise of electors’ rights as required by law.
  • To reclaim VAT expenditure where appropriate.
  • To ensure that, when appropriate, adequate PAYE systems are in place for employees and that Tax and National Insurance contributions are submitted to HMRC.
  • To ensure that the Council’s insurance obligations are met.
  • To maintain an asset register.

Further details can be found in the Swainswick Parish Council Finance Regs.