Finance Committee, 27 April 2016

Helmdon Annual Parish Meeting – 27th April 2016
Helmdon Parish Council – Financial Headlines
At the beginning of the 2015/16 financial year the Parish Council opened with a balance of £11,807.
During the course of the year the Parish had an income of £38,017 which included a precept payment from South Northamptonshire Council (SNC) of £14,660.
There was an overall expenditure of £35,671. This included:
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£22,808 of New Homes Bonus grant funding for Helmdon Primary School towards the School
Field Drainage project.
£1,514 on street lighting and maintenance
£2,857 on grass cutting, bulbs, repairs and maintenance of the playground
Grants of £718 donated to Village groups
£6,601 on general admin including Audit charges, room rentals, Councillor and Clerk training, subscriptions and wages.
The financial year ended with a closing balance of just over £14,153.
Unexpected savings were made due to the end of publication earlier in the financial year of the village newsletter and a smaller than expected uptake of grant applications from Village groups.
There were also savings in staff costs as the Council were without a clerk for a period of time over the summer, and the new clerk appears to be a bit cheaper than the old one!
How Helmdon Parish Council spent your money in 2015/16*
£772
£400
£1,517
£718
£1,099
£2,857
[VALUE]
Lighting
General Admin
Village Grants
Burial Grounds
Parks and Open Spaces
Insurance
VAT
* excludes the £22,808 School Field Drainage grant
For the year ahead, the expected spend is budgeted to be £24,432 of which £16,142 will be funded by the Precept and £8,165 is planned to be funded by grants for specific projects including the development of the pump garden, a 2nd defibrillator for the Wappenham Road end of the village and a speed radar.