This financial year runs from 1st April 2019 to 31st March 2020.
The Town Council's accounts are made up of several documents, starting with the budget which was approved on 12th February 2019 and can be viewed here.
Progress against the budget is usually considered at each monthly meeting of the Town Council and a report on the outturn included as part of the end of year financial statements. Audit
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 19-20 Review of Effectiveness of Internal Audit
The second is an independent check of the financial transactions relating to the 2019/20 financial year, as well as an audit of the Council's governance and practices. The Internal Auditor's report will be displayed in due course.
Finally, all Councils are required to complete and submit and 'Annual Governance and Accountability Return' (AGAR). This is then reviewed by a firm of accountants appointed by a sector led body; the Smaller Authorities' Audit Appointments Ltd. The AGAR is completed after the end of the financial year.