Finances

Budget

Flaunden Parish Council sets its own budget annually in December for the following financial year. This is done by estimating expenditure including major projects, upgrading existing facilities, ongoing maintenance etc. This is then compared with likely income including the annual precept and grants from County and Borough Councils.

Precept

Before setting the budget Councillors determine the precept for the following year, taking into account outside factors such as the rate of inflation, cost of living and the economic climate. Once this has been done priorities are agreed and the budget set. The history of precept applications is shown in the document lists later on this page.

Precepts for recent years have been:

Year	Amount	Resource Base	Band D Levy
2023-24	£6,152	179	£34.37
2022-23	£6,163	184.7	£33.37
2021-22	£5,757	177.7	£32.40
2020-21	£5,745	177.3	£31.45
2019-20	£5,426	172.5	£31.45
2018-19	£5,281	172.9	£30.54

Expenditure

Expenditure is reviewed regularly by Council and compared with the Budget Forecast.

Audit

The Annual Accounting and Governance Statements are considered by an Internal Auditor appointed from outside the village. His report is included in the information below.
The Internal Auditor is: Peter Evans, Hertfordshire Internal Audit Service Address: c/o HAPTC, Kimpton Memorial Hall, Hall Lane, Kimpton SG4 8RD. Telephone 07929 791331. Email pe140814@gmail.com.

Flaunden Parish Council has certified itself as exempt from a limited assurance review under S9 of the Local Audit (Smaller Authorities) Regulations 2015:
The External Auditors, should you wish to contact them, are PKF Littlejohn, 15 Westferry Circus, Canary Warf, Londong E14 4HD Tel. +44 (0) 20 7516 2200

Community Infrastructure Levy (CIL)

CIL grants received are detailed in the Accounting Statements and Receipts & Payments lists shown below. The current balance of unspent CIL funds is £4,721.

CIL funds will be used by us to deliver infrastructure improvements within Flaunden and may include road and footpath schemes, open spaces and leisure facilities.

Financial Information

The Annual Return and Accounting information are shown below. A new Tranparency Code was issued in 2017, which increased the information that a Parish is required to publish, and so you will see more statements for 2017-18 than previously.

The public have a right to inspect the accounts and financial records of the council at certain times during the year. Notices of Public Rights will appear in the list below when available.

If you would like to inspect the financial records of the Parish, the RFO is happy to make accounting records available with reasonable notice and at a reasonable time.

You can find Contact Details for the Finance Officer and other councillors on the Contacts tab

Please Note AGAR forms as issued by the External Auditor are exempt from the accessibility requirements because of the nature of these documents.

2023-24

Receipts and Payments for the year to date

Precept Calculation

Precept Request

2022-23

Annual Governance Statement

Accounting Statements

Accounting Statements with Explanation of Variances

Statement of Reserves

Bank Reconciliation 31 March 2023

Fixed Assets as at 31 March 2023

S137 Payments for the year