Accounts and public rights.
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. The audited Annual Return, the auditors report and the notice of conclusion of audit are here.
A list of grants made during the year is shown here. The budget for this Financial Year (2010/21) was approved by the Full Council in January 2020 and can be seen here.
Payments over £500
A list of all payments over £500 made by the Parish Council this financial year can be seen here, those for 2019/20 here and those for 2018/19 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.
The Parish Council holds two types of reserves - a general reserve, the level of which is considered every year. In 2018 it was agreed that
"an appropriate level of general reserve was equivalent to six to
nine months of the precept to meet the ‘reasonable level' recommendation in the
Practitioners Guide. The PC is aware that some local authorities such as
Northamptonshire CC are facing financial difficulties. This level allows for
unexpected expenditure and NSC either delaying or failing to pay the precept, so
that the PC can continue to operate for a reasonable time."
The Council also holds earmarked reserves which are sums earmarked for future expenditure - but not necessarily in the current financial year. These are considered every February and the report issued by the committee to Council to explain these reserves can be seen here.
Community Infrastructure Levy
The Parish Council received £7,215.60 from NSC on 24/10/18 as its share of CIL receipts from development in the Parish. This is to be used for the provision, improvement, replacement, operation or maintenance of infrastructure or anything else that is concerned with addressing the demands that development places on an area. None of the money had been spent by 31/03/2019.
Parish Council Accounts A summary of the accounts for the year 2018/19 are shown below. The full accounts can be seen here.
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 (PC) in your Council Tax. For 2018/19 it was £59.74 for a Band D property - just under £1.15 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 includes a grant from NSC (£1690) 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. This grant has been decreasing steadily and is now only 12.5% of that originally given. Also included here is a grant from NSC as a result of the PC encouraging recycling.
VAT Reimbursements – Parish Councils are allowed to claim the VAT they have spent on non-business activities.
Community Infrastructure Levy (CIL) The PC received £7,215.60 from NSC as its share of CIL receipts from development in the Parish. This is to be used for the provision, improvement, replacement, operation or maintenance of infrastructure or anything else that is concerned with addressing the demands that development places on an area. None had been spent by 31/03/2019.
Grants and Subscriptions – The PC subscribes to a number of organisations, and provides grants to organisations in the villages. However, the bulk of this money is the grant given by the PC 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 £40,962 included £7,912 to pay for its upkeep from s106 monies. The Council also gave a grant of £17,500 to support the Youth Club.
Balance - The balance is made up of general reserves of about £131,500, which covers between 6 and 12 months general expenditure; and also about £413,500 funds earmarked for expenditure in 4 main areas including:
future expenditure anticipated in the PC’s long term plans but not yet specifically identified in the current year’s budget (road safety/village enhancement £40,000),
to meet costs which may well arise but on an uncertain timescale (eg replacement of office equipment £4,000),
other large costs which will arise in the future and need to be saved for (burial ground 5 yearly inspection £20,000; a fund so the Council can afford to respond to large scale planning applications in the Parish £100,000)
where the Council has been given s106 money from developers to maintain Peel Park, the play areas in Kings Croft and Chancellors Park and some of the open spaces in Chancellors Park (£180,000 remaining).