{"id":53,"date":"2025-03-17T09:20:18","date_gmt":"2025-03-17T09:20:18","guid":{"rendered":"https:\/\/parishcouncil.chiltontowncouncil.co.uk\/wordpress_J\/?page_id=53"},"modified":"2026-04-21T15:32:02","modified_gmt":"2026-04-21T14:32:02","slug":"finance-2","status":"publish","type":"page","link":"https:\/\/bishopmiddleham-pc.gov.uk\/index.php\/finance-2\/","title":{"rendered":"Finance"},"content":{"rendered":"

[et_pb_section fb_built=”1″ inner_shadow=”on” admin_label=”About” _builder_version=”4.27.6″ _module_preset=”default” background_color=”#003366″ transform_origin=”52%|48%” min_height=”329px” height=”157px” max_height=”461px” custom_margin=”0px|0px|0px|0px|false|false” custom_padding=”0px|0px|0px|0px|false|false” custom_css_free_form=”main-content” locked=”off” collapsed=”on” global_colors_info=”{}”][et_pb_row column_structure=”3_4,1_4″ use_custom_gutter=”on” _builder_version=”4.27.6″ _module_preset=”default” width=”83%” max_width=”1402px” module_alignment=”center” custom_margin=”0px|0px|10px|0px|false|false” custom_padding=”40px|0px|20px|0px|false|false” global_colors_info=”{}”][et_pb_column type=”3_4″ _builder_version=”4.27.6″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.27.6″ _module_preset=”default” text_text_color=”#ff9900″ header_font=”Comfortaa|700|||||||” header_text_color=”#FFFFFF” header_font_size=”34px” global_colors_info=”{}”]<\/p>\n

Finance<\/strong><\/span><\/h1>\n

[\/et_pb_text][et_pb_text _builder_version=”4.27.6″ _module_preset=”default” text_font=”Verdana||||||||” text_text_color=”#ffcc99″ custom_margin=”-27px||||false|false” global_colors_info=”{}”]Our commitment to transparency and accountability is reflected in the financial documents available on this page. Here, you’ll find our audited accounts for the past five years<\/strong>, ensuring a clear and accurate overview of our financial standing. To promote openness, we also provide details of monthly purchases exceeding \u00a3500<\/strong>, so you can see where and how resources are utilised. Additionally, we list community grants awarded<\/strong>, showcasing our dedication to supporting local initiatives. For a comprehensive view of our assets, the asset register<\/strong>\u00a0is available for your review. These documents highlight our pledge to responsible management and community trust.[\/et_pb_text][\/et_pb_column][et_pb_column type=”1_4″ _builder_version=”4.27.6″ _module_preset=”default” global_colors_info=”{}”][et_pb_image src=”https:\/\/bishopmiddleham-pc.gov.uk\/wp-content\/uploads\/2025\/05\/R-1.webp” align=”center” force_fullwidth=”on” _builder_version=”4.27.6″ _module_preset=”default” custom_margin=”0px||||false|false” custom_padding=”42px||||false|false” global_colors_info=”{}”][\/et_pb_image][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ _builder_version=”4.27.4″ _module_preset=”default” custom_margin=”8px||||false|false” custom_padding=”0px|||||” global_colors_info=”{}”][et_pb_row column_structure=”1_2,1_2″ _builder_version=”4.27.4″ _module_preset=”default” custom_padding=”|||10px||” global_colors_info=”{}”][et_pb_column type=”1_2″ _builder_version=”4.27.4″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.27.6″ _module_preset=”default” link_option_url=”https:\/\/bishopmiddleham-pc.gov.uk\/wp-content\/uploads\/2025\/03\/TRANSPARENCY-from-1st-April-2022.pdf” inline_fonts=”Abyssinica SIL,Alata” global_colors_info=”{}”]<\/p>\n

The Parish Council is committed to sound financial management, ensuring transparency, accountability, and efficiency in the administration of public funds. Our financial policies and procedures are designed to safeguard resources, uphold fiscal responsibility, and support the effective delivery of services to our community. We strive to ensure that all financial decisions align with legal regulations and best practices, enabling us to manage our budget prudently and responsibly.<\/span><\/p>\n

Financial Management and Transparency<\/strong><\/span><\/p>\n

Prudent financial management is at the core of our operations, ensuring that every expenditure is justified and beneficial to the community. We maintain clear and accessible records of financial transactions, including budgets, spending reports, and audits, to ensure full accountability. Our financial policies provide guidelines on budget allocation, procurement processes, and financial reporting, ensuring that funds are utilised effectively and in accordance with our strategic priorities. By maintaining high standards of financial transparency, we aim to build trust with residents and stakeholders.<\/span><\/p>\n

Budgeting and Expenditure<\/strong><\/span><\/p>\n

The Parish Council operates on a structured budget that reflects the needs and priorities of the community. Each year, we undertake a detailed budgeting process to allocate resources effectively, ensuring that funds are directed towards essential services, community projects, and operational requirements. Expenditure is carefully monitored, and all financial transactions are subject to rigorous oversight to prevent mismanagement. We also publish regular financial reports to keep residents informed about how public money is being spent.<\/span><\/p>\n

Auditing and Compliance<\/strong><\/span><\/p>\n

We adhere to strict auditing and compliance standards to ensure financial integrity and accountability. Our accounts are independently reviewed and audited in accordance with legal requirements, and we publish annual financial statements to provide full transparency. These audits help us to identify any financial risks and implement necessary improvements to our financial management processes. By maintaining rigorous oversight, we ensure that the Parish Council operates with the highest standards of fiscal responsibility.<\/span><\/p>\n

Transparency<\/strong><\/span><\/span><\/p>\n

See below the records for payments made over \u00a3500 each month for 2022-2023 and 2023-2024 and 2024-2025.<\/span><\/p>\n

<\/span><\/p>\n

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Over \u00a3500 – 2022-2023<\/a><\/span><\/strong><\/span><\/p>\n

Over \u00a3500 – 2023-2024<\/a><\/span><\/strong><\/span><\/p>\n

Over \u00a3500 – 2024-2025<\/a><\/span><\/strong><\/span><\/p>\n

Over \u00a3500 – 2025-2026<\/span><\/strong><\/a><\/span><\/p>\n

[\/et_pb_text][et_pb_button button_url=”https:\/\/bishopmiddleham-pc.gov.uk\/wp-content\/uploads\/2025\/05\/Assets-as-at-31st-March-2025.pdf” button_text=”Asset Register as at 31st March 2025″ button_alignment=”center” _builder_version=”4.27.6″ _module_preset=”default” custom_button=”on” button_text_color=”#FFFFFF” button_bg_color=”#1A0052″ custom_margin=”40px||||false|false” custom_padding=”0px||||false|false” global_colors_info=”{}”][\/et_pb_button][\/et_pb_column][et_pb_column type=”1_2″ _builder_version=”4.27.4″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.27.4″ _module_preset=”default” global_colors_info=”{}”]<\/p>\n

Accessing Financial Records<\/span><\/h2>\n

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Your engagement and interest in Bishop Middleham Parish Council’s financial affairs help us maintain an open and responsive approach to governance. We value your feedback and welcome any inquiries.<\/span><\/p>\n

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