Financial Information

Financial Regulations

The Parish Council Financial Regulations govern the financial management of the Council and provide procedural guidance for members and officers. Financial regulations must be observed in conjunction with the Council's Standing Orders and individual financial regulations in relation to contracts. The regulations are here 

Precept and budget

The Parish Council finances its activities from part of the council tax paid by households in the parish. Yatton Parish Council has set its precept (the amount of money it raises from council tax payers) for the current financial year (April 2019 to March 2020) at £215,110. The precept amounts to around £1.43 per week for a Band D household.
The budget for 2019/20, used by the Parish Council to set the precept, can be seen here
The figures for 2019/20 are on the right under the heading 'Next Year Budget'.

Payments over £500

Yatton Parish Council publishes a list of all payments over £500.

Statements of Accounts

2019-20
The notice of the date of commencement of the period for the excise of public rights to inspect the accounts commences today 5th June.
The notice is here
Annual Governance Statement
Accounting Statements 
Annual Internal Audit Report
External Auditors Report
Notice of Completion of Audit
2018-19
The notice of the date of commencement of the period for the excise of public rights to inspect the accounts commences today 5th June.
The notice is here
Annual Governance Statement
Accounting Statements 
Annual Internal Audit Report
External Auditors Report
Notice of Completion of Audit
2017-18
The notice of the date of commencement of the period for the excise of public rights to inspect the accounts commences today 5th June.
The notice is here
Annual Governance Statement
Accounting Statements 
Annual Internal Audit Report
External Auditors Report
Notice of Completion of Audit
2016-17
The notice of the date of commencement of the period for the excise of public rights to inspect the accounts commences today 5th June.
The notice is here
Annual Governance Statement
Accounting Statements 
Annual Internal Audit Report
External Auditors Report
Notice of Completion of Audit

 

Grants

You can see a list of grants made by Yatton Parish Council in the year ending 31 March 2018 here
Yatton Parish Council invited grant applications for 2019-20 and they were reviewed at a meeting of the Finance, Personnel and Administration Committee on 9th December 2019. The allocation of the grants maybe seen in the minutes of that meeting. There will be a further invitation for grants in the autumn.

 

Staff costs

Total staff costs for each month are shown in the list of payments over £500 (above) and total annual staff costs are in the Annual Return (above).

The Clerk, the senior and highest-paid officer (employee) of the Parish Council, is paid according to the scales agreed between the National Association of Local Councils and the Society of Local Council Clerks.
You can see the scales here
The Parish Council has agreed that the Clerk should be paid on Scale LC2, which is the scale appropriate to a large village or small town.

The salaries of other members of staff have been benchmarked by HR colleagues at North Somerset Council against similar posts in North Somerset Council. The Clerk is the line manager for all other members of staff.

The Goverment asks larger parish and town councils to publish a 'pay multiple' showing the relationship between the earnings of the highest paid employee (in Yatton Parish Council, the Clerk) and a figure representing the average of the earnings of all employees (technically the earnings of the median employee). For Yatton Parish Council the pay multiple for the year ended 31 March 2015 was 3:1, that is, the earnings of the Clerk were three times that of the median employee. The Clerk is the only full-time employee of the Parish Council.

The Parish Council pays the Clerk's subscription to the Society of Local Council Clerks.

Assets

You can see a list of Parish Council land and buildings here
The Parish Council gave up the rental of office space in Yatton Library from North Somerset Council in September 2017saving the annual rent of £8,500. The office in now located in their own building at Hangstones Pavilion.

Cadbury Hill

Cadbury Hill is jointly owned by Yatton Parish Council and Congresbury Parish Council. There is a Joint Management Committee with members from both parishes and a member of staff employed to land manage the area. Councillors Ian Payne and Jonathan Edwards are the representatives for Yatton Parish Council. The Management Committee has a joint budget and manages its finances separately from the main accounts in both parishes. There is no requirement for the finances to be the subject of external audit although you can find balance sheets below.

Contracts

The Parish Council has no contracts the annual value of which exceeds £5,000.

Councillors' expenses

Parish councillors are unpaid and (apart from the Chairman) receive no allowance, although travel and subsistence expenses are reimbursed.
You can see a copy of the scheme for reimbursing travel and subsistence expenses here.
The Chairman can claim a small allowance for meeting his expenses as Chairman.


If you have any questions about the Council's finances please contact us.