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Stanton-under-Bardon Parish Council

Stanton under Bardon Parish Council is open and transparent about the way it manages its finances. The Council’s finances are regularly monitored by the Parish Clerk and approved at every  Council meeting under public scrutiny. Additional scrutiny is given annually by the appointment of an internal auditor who assesses the Council’s compliance with relevant legislation. The Council current utilise an auditor through Leicestershire and Rutland Association of Local Councils.

Council Income and Raising a Precept

After agreeing its budget each January for the upcoming financial year, the Council demands an annual sum of money from Hinckley and Bosworth Borough Council that is then collected with Council Tax payments.

The Parish Council receives the majority of its income through its precept, although other income can be generated through items such the rental income from allotments, vehicle access at the back of Main Street and rent from tenant farmers. Grants can also form a significant amount of income that are ringfenced for specific projects. The Council also receives income through VAT reclaims and interest from bank accounts and financial investments.

Council Income and Raising a Precept

After agreeing its budget each January for the upcoming financial year, the Council demands an annual sum of money from Hinckley and Bosworth Borough Council that is then collected with Council Tax payments.

The Parish Council receives the majority of its income through its precept, although other income can be generated through items such the rental income from allotments, vehicle access at the back of Main Street and rent from tenant farmers. Grants can also form a significant amount of income that are ringfenced for specific projects. The Council also receives income through VAT reclaims and interest from bank accounts and financial investments.

The Council Budget

Stanton under Bardon Parish Council has a statutory duty to prepare an annual budget each year  A well planned and prepared budget is an essential tool for controlling the Council’s finances as it provides the Council with the confidence to ensure it will have sufficient income available throughout the year to pay for expenditure for services and projects. The budgeting process is how the Council calculates its precept each year and gives the Clerk the authority to make spending commitments in line with decisions of the Council.

It also enables progress to be monitored financially during the year by comparing actual spending against planned spending. By monitoring our spending against the budget plan, Council can control its finances during the course of the financial year or agree to budget virements to move money from one budget line to another.

Stanton under Bardon Parish Council Budget for 2023/24

To access the agreed budget for this financial year, please see:

Stanton under Bardon Parish Council Agreed Budget - 2023 - 2024

Bank Reconciliations 2022-23

File NameLast ModifiedFile Size
1 Bank Reconciliation May 22.pdf25 March 202360kB
2 Bank Reconciliation June 22.pdf25 March 202360kB
3 Bank Reconciliation August 22.pdf25 March 202360kB
4 Bank Reconciliation September 22.pdf25 March 202361kB
5 Bank Reconciliation October 22.pdf25 March 202360kB
6 Bank Reconciliation November 22.pdf25 March 202360kB
7 Bank Reconciliation December 22.pdf25 March 202360kB
8 Bank Reconciliation January 23.pdf25 March 202360kB

Bank Reconciliation 2023-24

File NameLast ModifiedFile Size
1 Bank Reconciliation February 22.pdf25 March 202359kB
2 Bank Reconciliation March 22.pdf25 March 202360kB
3 Bank Reconciliation May 21.pdf25 March 202360kB
4 Bank Reconciliation June 21.pdf25 March 202360kB
5 Bank Reconciliation September 21.PDF25 March 202360kB
6 Bank Reconciliation October 21.pdf25 March 202360kB
7 Bank Reconciliation November 21.pdf25 March 202360kB
8 Bank Reconciliation December 21.pdf25 March 202359kB
9 Bank Reconciliation January 22.pdf25 March 202360kB
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