Financial Reporting
Precept
Each year Downton Parish Council calculates how much money it requires to provide its services or achieve any planned projects. This sum, called the precept, is collected by Wiltshire Council as part of a household’s council tax. Downton Parish Council does not receive any money from central government or Wiltshire Council, nor does it receive any financial support from local business rates which are collected by Wiltshire Council.
For 2022/23 the precept for Band D Properties is £96.87 and for 2021/22 the precept was £82.16.
Accountability
As a local resident you have legal rights to inspect, ask questions about and challenge items in your council’s accounts. For more information, the National Audit Office has published a guide Council Accounts – a guide to your rights.
Accounts and Audit Regulations
In order to comply with the Accounts and Audit Regulations and associated documents, the Parish Council is required to publish certain information.
The Local Audit & Accountability Act 2014 and the Accounts & Audit Regulations 2015 set out the responsibilities of all local councils in respect of their accounting and auditing procedures.
Each year, the Council’s financial accounts and statements must be examined by an independent internal auditor appointed by the Council. For the year 2022/23 this is Paul Reynolds of Fair Accounts.
The Council is also required to complete an Annual Governance & Accountability Return (AGAR) which includes the findings of the Internal Auditor, together with Governance Statements and Financial Statements. The AGAR is then submitted to the independent external auditor appointed by the Audit Commission for examination.
Policies & Regulations
| Document Title - click to view | Date Adopted | Icon shows File type |
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| Financial Regulations | May 2022 |
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| General Reserves Policy | May 2022 |
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Previous Reports
Year Ending March 2022 Financial Reports
| Document Title - click to view | Icon shows File type |
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| External Auditor’s Report for 2021-22 |
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| Annual Governance & Accountability Return 2021-22 Signed |
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| Notice of Conclusion of Audit 2021-22 |
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| Notice of the Exercise of Public Rights 2021-22 |
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Year Ending March 2021 Financial Reports
Year Ending March 2020 Financial Reports
Year Ending March 2019 Financial Reports
| Document Title - click to view | Icon shows File type |
|---|---|
| Annual governance Statement 2018-2019 |
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| External Auditor Report 2018-19 |
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| Downton PC Notice of Conclusion of Audit |
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| Annual Internal Audit Report 2018-19 |
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| Accounting Statements 2018-19 |
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Year Ending March 2018 Financial Reports
| Document Title - click to view | Icon shows File type |
|---|---|
| WI0086 Downton PC Annual Governance & Accountability Report 2017-18 |
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| Explanation of Variances 2017-18 |
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| Downton PC Notice of Conclusion of Audit 2017-18 |
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| Annual Internal Audit Report 2017-18 |
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Year Ending March 2017 Financial Reports
| Document Title - click to view | Icon shows File type |
|---|---|
| Status of Accounts 2016 2017 |
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| Notice of Conclusion of Audit 2017 |
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| Internal Audit Statement 2016 2017 |
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| Annual Governance Statements 2016 2017 |
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| Annual Accounting Statements 2016 2017 |
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