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Finances

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Our financial year runs from 1 April to 31 March. We agree an annual budget in December each year and also decide how much the annual precept should be set at. As gross income and gross expenditure are under the £25,000 threshold, Plumstead Parish Council is exempt from an external audit.  However, it must prepare an Annual Governance & Accountability Return each year. .

2023 24

Certificate of Exemption 23 24
Internal Audit 23 24
Internal Audit Report 23 24

Accounting Statement 23 24
Balance Sheet 23 24

Notice of Public Rights

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2022 23

Certificate of Exemption 22 23

Internal Audit Report 22 23

Accounting Statement 22 23

Balance sheet 31.3.23

Notice of Public Rights

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Certificate of Exemption 2021-22

Internal Audit Report 2021-22

Annual Governance Statement 2021-22

Accounting Statements 2021-22

Annual Accounts 2021-22

Explanation of Variances 2021-22

Bank Reconciliation 2021-22

Exercise of Public Rights

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Policies and Procedures

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The documents listed below were approved and adopted at the Annual Parish Council meeting on in May 2024​.  They will be reviewed in 2025.

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Code of Conduct

Complaints Procedure

Financial Regulations

General Data Protection Regulation Policy

Health & Safety Policy Statement

Freedom of Information Publication Scheme

Risk Assessment Policy

Standing Orders

Vexatious Complaints 

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Checking document

The Council Tax Precept

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The precept is the parish council’s share of the council tax.  The precept demand goes to the billing authority, Norfolk District Council, which collects the tax for the Parish Council. The 'Precept' is converted into an amount per Council Tax Band that is added onto the Council Tax bill.  Income and expenditure for the next financial year are calculated in the form of estimates. 

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Parish and town councils can apply for other funding such as grant and funding awards, but they do not receive funds direct from central government as principal authorities do. 

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