Financial Information
The Parish Precept is the money by which the Village Council runs their services and Council activities throughout the year; it is a peremptory order to a billing authority (namely North East Lincolnshire Council) to pay to the Village Council a named sum. This is payable in accordance with a schedule of instalments which the authority draws up by the 31 January for the financial year beginning the following 1 April.
Barnoldby le Beck Parish Council conducts a Budget/Precept meeting in January of each year to set the precept required from North East Lincolnshire Council and spending costs for the next financial year.
A copy of the Budget/Precept set by the Barnoldby le Beck Parish Council may be obtained from the Clerk.
Payments of invoices and salaries are made by bacs each month, and all payments must be signed by two Councillors. All signatories are authorised by the Barnoldby le Beck Parish Council and all payments must be agreed at a full Council meeting.
Annually Barnoldby le Beck Parish Council employ an auditor who will inspect the Parish Council’s accounts before making a declaration to the Audit Commission as to their accuracy. Each year the Parish Council must also produce a Statement of Accounts and an Annual Governance Statement in respect of the accounting procedures in place – these are then sent to the Audit Commission for verification.