This financial year ran from 1st April 2016 to 31st March 2017.
It should be noted that during the 2016/17 financial year there was a change to the Council's Responsible Financial Officer and a move to using financial software designed for town and parish councils. There may therefore be some variances from previous years due to these changes in systems and practices.
The Council's accounts are made up of several documents, starting with the budget. A copy of the budget for the 2016/17 financial year can be viewed here.
The Council finished the year £5,405 under budget. A breakdown of the Council's outturn against the against the agreed budget can be found on pages 7 - 9 of the financial statements below.
The Council has now prepared and approved its accounts for the 2016/17 period. They can be viewed in the following document: WTC 2016-17 Financial Statements
The Town Council undergoes three stages of audit.
The first is carried out throughout the year as part of the Council's day-to-day checks, controls and processes. These are detailed in a document approved at the start of the financial year: WTC 16-17 Review of Effectiveness of Internal Audit
The second is an independent check of all financial transactions relating to the 2016/17 financial year, as well as an audit of the Council's governance and practices. This was carried out by local accountants, Moulds & Co. Ltd. Their report is contained in the following document: WTC 16-17 Internal Audit Report
Finally, all local councils are required to complete and submit an 'annual return'. This is then audited by a firm of accountants appointed by the former Audit Commission. This Council's Annual Return for the 2016/17 period can be viewed here: WTC 16-17 Annual Return (Final)
The audit of the 2016/17 period has now been formally concluded and a notice to that effect can be viewed here: Notice of Conclusion of Audit