Finance

The Parish Council’s finances are guided by the Local Audit and Accountability Act 2014 and the Accounts and Audit Regulations issued periodically under the Act.

The Act introduced a Transparency Code for parish councils with an annual turnover of less than £25,000.

The South Lenches Parish Council currently falls into this category whereby the Council are obliged to publish certain information on its website annually i.e.

• a list of all payments made during the year of more than £100
• a list of land owned by the Council
• details on the form of accounts and how and when they must be approved and published and
• details of how taxpayers can view the accounts and exercise their rights in relation to the accounts

South Lenches Parish Council provides a summary of its receipts and payments schedule at their bi-monthly meetings which is appended to the minutes.

The main source of income to the Parish Council is via the precept, which is a demand on Wychavon District Council, as the billing authority , to collect a specific amount from each council tax payer in the parish.

The Parish Council has regulations and policies in place related to Financial matters.