Finance Administration
Finance Administration
The Local Government Act 1972 requires Parish Councils to make arrangements for proper financial administration. In Claverton, the Clerk to the Parish Council is the Responsible Financial Officer and advises the council on financial management. The main responsibilities are:
- To maintain financial records and administer the Council’s finances.
- To ensure compliance with Financial Regulations; and recommend revisions where necessary.
- To prepare a draft budget for the Council’s consideration. To monitor spend against budget and, if necessary, invite the Council to review the budget.
- To prepare records for internal and external audit purposes and the exercise of electors’ rights as required by law.
- To reclaim VAT expenditure where appropriate.
- To ensure that adequate PAYE systems are in place for employees. To ensure that Tax and National Insurance contributions are submitted to HMRC.
- To ensure that the Council’s insurance obligations are met; and to maintain an asset register.
Further details on Financial Regulations, including Procurement Policy, can be found in the Standing Orders.
The Annual Return for 2023-24 can be viewed below.
Certificate Of Exemption Annual Internal Audit Report Section 1 Annual Governance StatementSection 2 – Accounting Statements Analysis Of Variances & Bank Reconciliation Notice Of Period For Exercise Of Public Rights
The Pubilshed Annual Return for 2016-17 (subject to External Audit) can be found here. Information also posted on Village Notice Board. Link also provides information on Exercise of Public Rights 15th June – 26th July. Full information also on Village Notice Board.
