FINANCIAL TRANSPARENCY

Annual Budget

Published each financial year. Shows planned spending.

Annual Accounts

End-of-year financial statements (Receipts & Payments or Income & Expenditure).

Internal Audit Report

The completed internal audit report from the appointed auditor.

External Audit Report

The AGAR forms, including Section 3 auditor report.

Precept Information

Explains:

• Amount requested

• Why it changed

• Impact on local taxpayers

Payments Over £100

Statutory transparency requirement.
Includes:

• Date

• Supplier

• Amount

• Description

Expenditure Reports

Monthly or quarterly spending summaries.

Grants Awarded

All grants given to local groups, with amounts and purpose.

Contracts & Tenders

Current or upcoming procurement opportunities, if any.

Financial Risk Assessment

Annually reviewed document covering financial controls.

Bank Reconciliation

Month-end reconciliations between accounts and statements.