2019/20 Council Finances

The Council’s statement of accounts for the financial year ended 31 March 2020 is provided below:
Draft Accounts and bank reconciliation as at 31 March 2020

The Parish Council is required to publish details of all payments made in excess of £500.00. The document below shows all payments of £500.00 and above (including VAT). This information will be updated quarterly
Payments in excess of £500 for the financial year ending 31 March 2020

The Parish Council is required to publish the following information in order to comply with the Local Government Transparency Code 2015 which applies to all local councils which have either gross annual income or expenditure exceeding £200,000:
Grants made by Long Melford Parish Council in the financial year to 31 March 2020
Long Melford Parish Council land and buildings declaration
2019_20 Procurement information

The Parish Council provides an estimated 65 unmarked parking spaces at the Old School which is located on High Street just below The Green. The Parish Council leases the land and provides free parking on this site as a community service.

Local Councils are required to publish details of employees whose remuneration in the year was at least £50,000. No Long Melford Parish Council employee falls into this category.

Local Councils in England with an annual turnover of £1m or less must complete an Annual Return which summarises its financial activities at the end of the financial year. The financial year runs from 1 April to 31 March. The Annual Return, which summarises the Council’s payments and receipts, will be externally audited over the summer of 2020 by PKF Littlejohn. Because Council income and expenditure in 2019/20 exceeded £200,000, the Council changed the basis of accounting from ‘Receipts and Payments’ to ‘Income and Expenditure’. As a result, the 2018/19 figures on the Accounting Statement have been restated for Income and Expenditure comparison. The following documents have been submitted for external audit and, until approved, remain draft:
2019_20 Annual Return Governance Statement*
2019_20 Annual Return Accounting Statement*
2019_20 Annual Return Internal Audit report
Confirmation of 2018_19 restated figures
Explanation of 2019_20 variances
When the External Audit has been completed a copy of the audit report will be published together with a formal notice of the conclusion of audit.

From Monday 13 July to Friday 21 August, the public may exercise their right to review the Council’s accounting records. The following notice advises how this right can be exercised. The notice period is later this year in the hope that the Council office will be open to the public. Please see also the summary of your rights regarding the inspection of local authority accounts.
Notice of period of public rights*
Local Authority Accounts_a summary of your rights*

* a copy of these documents can be seen on the notice board outside the Parish Council office on Cordell Road. Hard copy of these documents can be obtained by application to the Responsible finance Officer at the Council office. Telephone 01787 378084 or email to finance@longmelford-pc.gov.uk.

Periodically, the Parish Council receives Community Infrastructure Levy monies from the District Council. The 2019/20 Community Infrastructure Levy report is provided below:
2019_20 Community Infrastructure Levy report
At its meeting on 11 June 2020, the Council resolved to progress a number of infrastructure projects. These projects will account for the vast majority of unspent CIL funds carried forward from 2019/20. Further details of the projects proposed are provided in the minutes of the meeting.