Financial Regulations (PDF, 236 Kb)
Welford Parish Council Budget 2021/2022
The following budget was prepared by the Clerk/RFO and was approved by full Council in January 2021 for the financial year commencing 1st April 2021.
Welford Parish Council approved budget 2021 - 22 (Excel Spreadsheet, 18 Kb)
Budget for 2021-22 as agreed by Councillors January 2021
Welford Parish Council Internal Control Checks
Statement of Internal Control 2021 (Word Document, 15 Kb)
Policy in relation to internal financial controls
Welford Parish Council Asset Register 2021 (Excel Spreadsheet, 16 Kb)
All assets held by the Parish Council and their purchase price where known.
Community Infrastructure Levy
The Community Infrastructure Levy (CIL) is a charge on the amount of floor space created by a new development. Its purpose is to raise funds for essential community infrastructure that is required across an area as a community grows.
Reports in relation to the Community Infrastructure Levy can be found here
Welford Parish Council hold contracts for grass cutting during this financial year as follows:
Grass Cutting 2021
The contract for Grass Cutting is held with R & G Grounds Maintenance for the 2021 grass cutting season and is the final year of a three year contract.
The Contract value is for £9k which consists of 16 cuts during the grass cutting season of all open spaces within the Parish Council's remit. There will also be one leaf blowing collection in autumn.
Urban Highway Grass Mowing 2021
Welford Parish Council receive an annual agency grant of £520 towards grass cutting costs of the A5199 Northampton Road within the Parish Council's jurisdiction on behalf of Northamptonshire County Council.
Welford Parish Council Audit
The annual audit process is a formal external assessment of the Council's spending for each financial year, along with internal control and management of its business, with the most recent being year ended 31st March 2021. The next audit process will commence on 1st April 2022 for year ending 31st March 2022.
It is a two step process with the first step being the Internal Audit which is performed by Northants CALC and takes place annually between March and June. The second and final step is via the External Audit, which is performed by PKF Littlejohn and takes place annually between June and September. The conclusion of audit is then published on the Parish Council website from September onwards.
The audit process for year ended 31st March 2021 is now underway with the internal audit completed. All available documentation pertaining to this is below for your review and download should you wish, under the Annual Audit Archive folder.
Exercise of Public Rights
Pursuant to the Accounts and Audit Regulations 2015, members of the public are able to request to review any documentation pertaining to the finances of the council and the audit process.
The official Notice of Public Rights will be uploaded during April/May, with pages 2 and 3 outlining the audit process and the public's rights to view documentation at the appropriate time.
All documents pertaining to the 2020/21 audit process, for year ending 31st March 2021 are uploaded as they become available.
This is the Parish Council's most up to date and comprehensive list of all of its assets and community assets.
Local councils must maintain an asset register to ensure fixed assets are appropriately safeguarded. Once recorded on the Asset Register at acquisition cost, the value of assets must not change from year to year until disposal. Concepts of depreciation and impairment adjustments are not appropriate for local councils.
The Register is confirmed by the Council at the end of each financial year but is a working document over the following financial year, during which Council Officers will update and amend details as necessary.
The definition of fixed assets are property and equipment with a useful life of more than one year used by the Council to deliver its services.
A Fixed Asset Register has four main purposes:
a) It forms a basis for completion of box 9 in the 'Annual Return.'
b) It forms a basis for decisions on risk and insurance issues.
c) It provides information on the age and potential lifespan of certain items.
d) It provides assurance of the continued existence of Council's property.
Welford Parish Council Audit 2020/21
Annual return 2020/21 (PDF, 4.6 Mb)
Annual Governance and finance rerturn 2020/21
Internal Audit Report 2020 - 21 (PDF, 248 Kb)
Report by the Internal Auditor
Notice of Public Rights and publication of unaudited accounts 2020 - 21 (Word Document, 23 Kb)
Exercise of public rights in relation to the accounts 2020 - 21
2020/21 External Auditor report and certificate (PDF, 127 Kb)
The report for PKF Littlejohn external auditor in relation to the accounts for 2019/20, they have nothing to report or note from the accounts submitted
Notice of conclusion of audit 2020/21 (PDF, 885 Kb)
The notice that announces the audit for 2020/21 has been completed
Welford Parish Council Audit 2019/20
Internal Audit Report 2019-20 (PDF, 104 Kb)
Internal Audit report 2019/20
2019/20 External Auditor report and certificate (PDF, 160 Kb)
Annual Audit by external auditor
Annual return 2019-20 (PDF, 4.4 Mb)
Annual return 2019/20
2019/20 Notice of conclusion of audit (PDF, 461 Kb)
Notice of conclusion of external audit
Public rights 2019/20
Welford Parish Council Audit 2018/19
2019 Internal Audit report (PDF, 156 Kb)
Audit undertaken by an auditor appointed by NCALC
Annual Audit by External Auditor (PDF, 169 Kb)
Review of accounts by PKF Littlejohn
Annual Return 2018/19 (PDF, 3 Mb)
Audit using selctive assessment of controls and procedures
The audit of accounts to March 2019 have been concluded
Public Rights (PDF, 131 Kb)
Access by the public to inspect finance records