Our financial year runs from 1 April to 31 March. We agree an annual budget in January each year and also decide how much the annual Precept should be set at. We submit our annual accounts in the form of an Annual Governance and Accountability Return (AGAR) to the external auditor, PKF Littlejohn. All the Councils finances and procedures are fully audited annually by an external party.
2023-24 Financial Year
2022-23 Financial Year
2021-22 Financial Year
2020-21 Financial Year
The Council Tax Precept
The precept is the parish council’s share of the council tax. The precept demand goes to the billing authority, Broadland District Council, which collects the tax for the Parish Council. The 'Precept' is converted into an amount per Council Tax Band that is added onto the Council Tax bill. Income and expenditure for the next financial year are calculated in the form of estimates.
Parish and town councils can apply for other funding such as grant and funding awards, but they do not receive funds direct from central government as principal authorities do.
On 1 April 2015 the government introduced the Transparency Code. This applies to all small local councils with a turnover of less than £25,000 a year, which applies to Honingham. The Transparency Code aims to give local electors the information about the Parish Council which they will find useful and to hold the Parish Council to account. The Transparency Code details certain information which the Parish Council must provide online, you will find that information on this page. This page is regularly updated so if you are interested in any information not currently available on this page please contact the Parish Clerk.