Council and Financial Information

Standing Orders & Financial Regulations

The Standing Orders for this Council were approved in May 2023

The financial regulations were also revised in May 2023

Both will apply to all future Parish Council meetings until amended.

Register of Assets

Insurance

Financial Risk Assessment

Statement of Internal Control

Budget, Accounts & Annual Return

The income and expenditure budget for each year is approved by the Council at the meetings held in November and December. At the same meeting, the precept required from Harborough District Council is agreed. The council may from time to time increase the precept because of pressures on the budget, but this represents a small increase per household in the Parish Council Tax element.

Kibworth Beauchamp Parish Council has now approved the Annual Return for 2021-22 and submitted the paperwork for external and internal audit. All relevant documents can be viewed below. Any recommendations made by the auditors will be discussed by the Council and incorporated into the year end accounts for the next financial year to ensure correct accounting standards are maintained.

The Parish Council is funded by public money, mainly from council tax. We review our financial regulations annually. Each year, we agree a budget so we can fulfil our duties and pay for the services we provide and the amenities we support.

Our finances are audited by Ireland & Company of Kibworth Beauchamp, appointed by the Council, and up to 2021/22 the external auditors, PKF Littlejohn LLP as appointed by the Smaller Authorities Audit Appointments on behalf of the Ministry of Housing, Communities and Local Government. From 2022/23, the new external auditor is to be Moore UK.

The Transparency Code for Smaller Authorities (December 2014) requires parish councils to publish regular details of our finances. We also publish our Annual Governance and Accountability Return (AGAR).