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Financial Information

Finances

The Council Tax Precept

 

The precept is the parish council’s share of the council tax.  The precept demand goes to the billing authority, the 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. 

 

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. 

Expenditure Over £100

 

In accordance with the Transparency Code for smaller local authorities contained within the Local Audit and Accountability Act 2014  it is a requirement to publish all items of expenditure over £100. 

 

Expenditure 2025-26

Expenditure 2024-25

Expenditure 2023-24

Parish Council Finances

The Council financial year runs from 1 April to 31 March. The annual budget is agreed by Council in January and this informs how much the annual Precept is set for. 

All the Councils finances and procedures are fully audited annually by an external party.

2026-27 Financial Year

Budget 2026-27

2025 -26 Financial Year

Certificate of Exemption 2025-26

Annual Internal Auditor Report 2025-26

Full Internal Audit Report 2025-26

Section 1 - Annual Governance Statement 2025-26

Section 2 - Accounting Statements 2025-26

Bank Reconciliation 2025-26

Notification of Public Rights 2025-26

Analysis of Variances

Budget 2025-26

2024-25 Financial Year

Please note that the statement of accounts will not be audited on account that Ashby St Mary Parish Council has self-certified status as exempt, unless either a request for an opportunity to question the auditor about the authority’s accounting records under section 26(2) or an objection under section 27(1) of the Act, results in the involvement of the local auditor. ​T Higlett - Parish Clerk & RFO

Bank Reconciliation

Internal Audit report

AGAR - Internal Audit Sheet

AGAR Certificate of Exemption

AGAR Section 1 Annual Governance Statement

AGAR Section 2 Accounting Statement

Analysis of Variances

Notification of the public rights

2023-24 Financial Year

Budget Monitoring

Internal Audit report

AGAR - Internal Audit Sheet

AGAR Certificate of Exemption

AGAR Section 1 Annual Governance Statement

AGAR Section 2 Accounting Statement

Analysis of Variances

Notification of the public rights

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