Financial Pages

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Here you will be able to read about your Parish Council’s Finances, the rules we work within and what we do with the money we receive.

MHCLG guidance:

“Any information about financial records (e.g. salary information) should be made available for the current financial year, plus the previous two financial years;

Access to information about how public money is spent is an integral aspect of local accountability and the democratic process.”

Bradpole PC Financial Regulations 2019

Parish Council Finances – Your Rights

And from the National association of Local Councils (NALC):

The 2017 Good Councillors Guide on Finance and Transparency

From time to time vacancies occur on the parish council which we are able to fill by co-option.

If you have expertise and experience in financial management and are interested in becoming a councillor please CONTACT the Parish Clerk for more information.

FINANCIAL REPORTS

Monthly income and expenditure details together with the Parish Council’s bank and investment balances are reported at each meeting of the council and detailed in the meeting minutes.  This information may be found in the council  MINUTES

During the period of COVID-19, where the regular council meetings have been disrupted, financial information is included in the weekly report to Councillors which may be found on the COVID-19 page.

Each autumn Parish Councillors agree a budget for the following financial year and after adjustments the resulting figure (Precept) is submitted to Dorset Council and forms part of the calculation of the Council Tax rate.

Bradpole Council pays a significant sum each year to Bridport Town Council for services provided by the Town Council to Bradpole Civil Parish.

2021 ~ 2022

In Sept 2020 parish councillors agreed that a working group, including the Parish Clerk (RFO) should be formed to produce a draft budget for the financial year 2021 ~ 2022 to be considered by the full council before 31st December 2020

The Group, meeting remotely on 25th November, considered:

–  The UK economic situation outlined by the Chancellor of the Exchequer on 25th November and the likelihood of difficult economic times ahead.

– The effect of the COVID-19 pandemic on the ability of the Parish Council to carry out some of its planned expenditure in the current financial year and the requirement to carry forward underspend to 2021-22 to enable deferred expenditure to be undertaken.

– Costs associated with providing a remote facility to enable Parish Council meetings to continue.

– The employment of a Deputy Clerk, budgeted for in the current year, to support the Parish Clerk and to undertake the additional workload expected to be devolved to parish councils.

– Costs surrounding the implementation of the Bradpole Climate, Environment & Ecology Plan.

– Support for community groups and services.

– Whether a Councillors Allowance scheme should be adopted.

– The operating costs of implementing and monitoring the Bridport Area Neighbourhood Plan.

– Earmarked reserves for future projects including the replacement and improvement of facilities in our Green Spaces as supported by residents in consultations.

– The general level of reserves held for contingencies.

– Review of the tenancy agreement with the Trustees of Bradpole Village Hall.

– Funds paid to Bridport Town Council and Dorset Council for services provided to Bradpole Civil Parish.

The resulting 2021 – 22 precept request at £41370 is marginally less than that for the current year of £41510:

BPC Budget & Precept 2021 – 22

2021 – 2022 Budget Chart.

2020 ~ 2021

BPC Budget & Precept 2020 – 21

2020 – 21 Budget Chart

Interim I & E / Budget Report June 2020

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RESERVES

BPC Reserves Policy – Sept 2020

In addition to its long and short term assets Bradpole Parish Council maintains a balance of cash reserves. These include general reserves, which are roughly equivalent to 50% of the annual expenditure budget, to ensure that the Council has contingency funds available both to cover its financial responsibilities and its ability to cope with any unexpected situation which may arise.

Additional cash reserves are held “earmarked” for future projects including the planned enhancement of community facilities, the refurbishment and replacement of the council’s office and other council equipment and to provide for potential expenditure items such as Election costs.

Indicative Cash Reserves 1st December 2020

Full details of the Council’s reserves may be obtained by a request to the Parish Clerk:- Bradpole Publication Scheme August 2015

Previous years’ externally audited reports are here:

2019 ~ 2020

In view of COVID-19 the UK Govt have amended reporting deadlines for 2019-20: UK Govt Accounts & Audit Regulations Coronavirus Amendments 2020

Notice of Conclusion of Audit 2019-20

Annual Governance Statement 2019-20 (AGAR Sec. 1)

Annual Statement 2019-20 (AGAR Sec.2)

External Auditor Report & Certificate (AGAR Sec.3)  Contains minor issues which have been addressed

Annual Internal Audit Report 2019~20

Precept Budget 2019 ~ 2020.

2019 ~ 2020 Budget Summary Pie Chart

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2018 ~ 2019

External Auditor Report 2018~19

Audit & Governance Statement 2018~19

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2017 ~ 2018

Annual Accounting Statement 2017 – 2018

Annual Governance Statement 2017 – 2018

External Auditors Certificate 2017 – 2018

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2016 ~ 2017

Accounting Statements 2016 ~ 2017

External Auditor Report & Cert. 2016 ~ 2017

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2015 ~ 2016

Audit & Governance Statements 2015 ~ 2016

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2014 ~ 2015

External Audit Accounting Statement 2014 ~ 2015

Annual Governance Statement 2014 – 2015

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2013 ~ 2014

External Audit and Accounting Statement 2013 / 2014

Annual Governance Statement 2013/2014

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2012 ~ 2013

Accounting Statement 2012 / 2013

External Audit Report 2012 / 2013

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For information about openness and accountability visit our Freedom of Information Act Page.

For hard copies or additional information please contact the Parish Clerk