The Budget for this financial year (2017/18) can be viewed here. The Budget was approved by Council in January 2017. The budget for the next year (2018/19) will be drawn up in the Autumn and is due to be approved by the Full Council in January. A list of grants made during the year is shown here.
Payments over £500.
A list of all payments over £500 made by the Parish Council this financial year can be seen here, and those for 2016/17 here and 2015/16 here. The payments include VAT where appropriate. For data protection compliance payments to staff are shown as a total for each month and payments to individuals do not identify the individual.
Parish Council Accounts and Annual Return
The Parish Council Accounts are audited each year by an external auditor and electors have a right to see the accounts and make representations to the auditor. To see a copy of the accounting and governance statements for 2016-17 and the notice about exercising of public rights click here. To see a copy of the audited Annual Return for 2015 - 2016, click here. If you want to see the original it can be viewed at the Parish Council Office. Please contact the clerk to arrange to see it.
Accounts Summary for 2015/16
EXPLANATION OF ACCOUNTS
Precept – this is the amount of money that is collected by North Somerset Council (NSC) on behalf of Long Ashton Parish Council in your Council Tax. For 2015/16 it was £56.60 for a Band D property - just under £1.10 a week.
Highways and Footpath Income – This is the grant the Parish Council receives from NSC to help pay the cost of our Village Orderly.
Grants Received – This is a grant from NSC to partially offset the effect of the changes to Council Tax Benefit – which resulted in a reduction in the amount of money the PC received from the precept.
VAT Reimbursements – Parish Councils are allowed to claim the VAT they have spent on non-business activities.
Grants and Subscriptions – The Parish Council subscribes to a number of organisations, for example the Avon Local Council Association and the Campaign for the Protection of Rural England and provides grants to organisations in the villages. However, the bulk of this money is the grant given by the Parish Council to LACA (Long Ashton Community Association) to manage the Community Centre complex on Keedwell Hill. LACA now also manage Peel Park so this year’s grant of £45,096 included £6,891 to pay for its upkeep, and also £7,448 for CCTV and £3,100 for flood prevention. The Council also gave a grant of £17,000 to support the Youth Club.
S137 Payments – Section 137 of the Local Government Act 1972 allows a local council, to incur discretionary expenditure. However, because the Parish Council has now claimed the General Power of Competence, a power of first resort which gives it the power to do anything that individuals generally may do, it had no need to use s137 this year.
Balance - The balance is made up of general reserves, which covers between 6 and 12 months general expenditure, and funds earmarked for expenditure which the Council is anticipating. At the end of March the Council had about £108,100 in general reserves and about £384,100 in earmarked reserves. Over half of the earmarked reserves is money the Parish Council has received from the developers to maintain Peel Park, the play areas in Kings Croft and Chancellors Park and some of the open spaces in Chancellors Park. These earmarked reserves also include a fighting fund so the Council can afford to respond to large scale planning applications in the Parish.
2015 Accounts- The 2015 accounts have been restated in recognition that the Christmas lights brought in 2014/15 should have been included as Capital Expenditure.