Section 2 – Accounting Statements 2020/21 for
LONGSDON PARISH COUNCIL
Year ending | Notes and guidance | |||
31 March 2020 £ |
31 March 2021 £ |
Please round all figures to nearest £1. Do not leave any boxes blank and report £0 or Nil balances. All figures must agree to underlying financial records. | ||
1. | Balances brought forward |
10,722 | 7,715 | Total balances and reserves at the beginning of the year as recorded in the financial records. Value must agree to Box 7 of previous year |
2. | (+) Precept or Rates and Levies | 4,500 | 5,000 | Total amount of precept (or for IDBs rates and levies) received or receivable in the year. Exclude any grants received. |
3. | (+) Total other receipts | 329 | 712 | Total income or receipts as recorded in the cashbook less the precept or rates/levies received (line 2). Include any grants received. |
4. | (-) Staff costs | 1,375 | 1,400 | Total expenditure or payments made to and on behalf of all employees. Include gross salaries and wages, employers NI contributions, employers pension contributions, gratuities and severance payments. |
5. | (-) Loan interest/capital repayments | 0 | 0 | Total expenditure or payments of capital and interest made during the year on the authority’s borrowings (if any). |
6. | (-) All other payments | 6,461 | 5,271 | Total expenditure or payments as recorded in the cashbook less staff costs (line 4) and loan interest/capital repayments (line 5). |
7. | (=) Balances carried forward | 7,715 | 6,756 | Total balances and reserves at the end of the year. Must equal (1+2+3) - (4+5+6). |
8. | Total value of cash and short term investments | 7,715 | 6,756 | The sum of all current and deposit bank accounts, cash holdings and short term investments held as at 31 March – To agree with bank reconciliation. |
9. | Total fixed assets plus long term investments and assets |
16,763 | 17,309 | The value of all the property the authority owns – it is made up of all its fixed assets and long term investments as at 31 March. |
10. | Total borrowings | 0 | 0 | The outstanding capital balance as at 31 March of all loans from third parties (including PWLB). |
11. | (For Local Councils Only) Disclosure note re Trust funds (including charitable) | Yes | No | The Council as a body corporate acts as sole trustee for and is responsible for managing Trust funds or assets. |
N.B. The figures in the accounting statements above do not include any Trust transactions. |
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Annual Governance and Accountability Return 2020/21 Part 2 Local Councils, Internal Drainage Boards and other Smaller Authorities |
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Certificate of Exemption – AGAR 2020/21 Part 2
To be completed by smaller authorities where the higher of gross income or gross expenditure did not exceed £25,000 in the year of account ended 31 March 2021, and that wish to certify themselves as exempt from a limited assurance review under Section 9 of the Local Audit (Smaller Authorities) Regulations 2015
There is no requirement to have a limited assurance review or to submit an Annual Governance and Accountability Return to the external auditor, provided that the authority has certified itself as exempt at a meeting of the authority after 31 March 2021 and a completed Certificate of Exemption is submitted no later than 30 June 2021 notifying the external auditor.
LONGSDON PARISH COUNCIL
certifies that during the financial year 2020/21, the higher of the authority’s total gross income for the year or total gross annual expenditure, for the year did not exceed £25,000
Total annual gross income for the authority 2020/21: | £5,712 |
Total annual gross expenditure for the authority 2020/21: | £6,671 |
There are certain circumstances in which an authority will be unable to certify itself as exempt, so that a limited assurance review will still be required. If an authority is unable to confirm the statements below then it cannot certify itself as exempt and it must submit the completed Annual Governance and Accountability Return Part 3 to the external auditor to undertake a limited assurance review for which a fee of £200 +VAT will be payable.
By signing this Certificate of Exemption you are confirming that:
- The authority was in existence on 1st April 2017
- In relation to the preceding financial year (2019/20), the external auditor has not:
- issued a public interest report in respect of the authority or any entity connected with it
- made a statutory recommendation to the authority, relating to the authority or any entity connected with it
- issued an advisory notice under paragraph 1(1) of Schedule 8 to the Local Audit and Accountability Act 2014 (“the Act”), and has not withdrawn the notice
- commenced judicial review proceedings under section 31(1) of the Act
- made an application under section 28(1) of the Act for a declaration that an item of account is unlawful, and the application has not been withdrawn nor has the court refused to make the declaration
- The court has not declared an item of account unlawful after a person made an appeal under section 28(3) of the Act.
If you are able to confirm that the above statements apply and that the authority neither received gross income, nor incurred gross expenditure, exceeding £25,000, then the Certificate of Exemption can be signed and a copy submitted to the external auditor either by email or by post (not both).
The Annual Internal Audit Report, Annual Governance Statement, Accounting Statements, an analysis of variances and the bank reconciliation plus the information required by Regulation 15 (2), Accounts and Audit Regulations 2015 including the period for the exercise of public rights still need to be fully completed and, along with a copy of this certificate, published on a public website* before 1 July 2021. By signing this certificate you are also confirming that you are aware of this requirement.
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ONLY this Certificate of Exemption should be returned EITHER by email OR by post (not both) as soon as possible after certification to your external auditor, but no later than 30 June 2020. Reminder letters incur a charge of £40 +VAT
Annual Governance and Accountability Return 2020/21 Part 2 Page 3 of 6
Local Councils, Internal Drainage Boards and other Smaller Authorities
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LONGSDON PARISH COUNCIL
2019 / 2020
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LONGSDON PARISH COUNCIL
2018 / 2019
In 2018 / 2019 four payments were made.
These include the purchase of a new bus shelter in May 2019.
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LONGSDON PARISH COUNCIL
2019/2020
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