Finance

Budget setting process

South Petherton Parish Council reviews and sets a budget each year which affects the amount of precept that it requests from Somerset Council.

The agreement of the budget, and therefore the amount of precept, is a decision which is discussed by Councillors over a number of months, and is discussed in public at least twice to ensure the public can have their say on the budgets and proposed spend that is planned for their Parish.

The budget process for South Petherton Parish Council is as follows:

All Councillors are reminded of the upcoming budget process and are asked to consider any spend or projects that they see or would be interested in for the coming financial year.

The Council look to meet informally to discuss any areas of spend, and any projects in more detail. The Clerk/Responsible Financial Officer then takes this information and prepares a draft budget, which is circulated to the full Council for comment.

The draft budget is brought to the Finance & General Purpose Committee, and is discussed in front of the public, who are welcome to comment and offer input to the proposed budget. Any changes/decisions are noted and the Clerk will amend the budget as appropriate. This will then be circulated again to the full Council for further comments.

The Clerk & the Chair of the Finance & General Purpose Committee will meet to discuss the budget which will be taken to the full Council meeting, to add a final check & level of scrutiny.

The budget & the precept request for the forthcoming financial year is taken to full Council meeting for the public to have another opportunity to comment, and for the full council to consider and agree by resolution the final budget and precept that will be requested.

On the agreement of this, in January the amount of precept is requested from Somerset Council and the budget breakdown is published on this website.

Members of the public are welcome to speak to any Councillors at any point in the year about projects they wish to see in the Parish, and are very welcome to attend the public  meetings to be part of how money is spent on their behalf.

If you require any further details, please do not hesitate to contact the Clerk.

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GetBudgetingReportDraft26-27  GetBudgetingReport Agreed SPPC budget Dec25

GetTransactions April 26

GetReconcileAll April26

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SPPC Proposed Budget 2025-26 Overview

Copy of SPPC Budget 2025-26 – Agreed 27th Jan 2025 income – expenditure overview

Copy of SPPC Budget 2025-26 – Agreed 27th Jan 2025 admin

Copy of SPPC Budget 2025-26 – Agreed 27th Jan 2025 openspaces

Copy of SPPC Budget 2025-26 – Agreed 27th Jan 2025 projects

Copy of SPPC Budget 2025-26 – Agreed 27th Jan 2025 staffing

Precept & budget information for 2025-26 for website

GetReconcileAll April 25GetReconcile All Banks 31-07-2025GetReconcileAll June 25  BankReconciliationSummary_2ce91d98-d1ad-476c-b377-1616d7fd4f89 Aug25GetReconcileAll Sept 25 GetReconcileAll Oct25  GetReconcileAll Nov25GetReconcileAllDec25 GetReconcileAlljan26 GetReconsileAllFeb26 GetReconcileAll 31.3.26

May 2025 payments list Payments list July2025 Payments list June 25 GetTransactions Aug -Sept 25 April 2025 paymenst list  GetTransactions (1) Oct25GetTransactions Nov25 GetTransactions Dec25GetTransactionsJan26  Payments List February 26 GetTransactionsMarch26

GetSummary Q1 GetReserves Q1 GetReconcileAll June 25

GetReserves Q2 GetSummary to Q2 GetSummaryQ2

GetReserves Q3 GetSummary Q3 GetSummary to Q3

GetReserves GetSummary to 31-3-26

CIL Annual Report – Somerset Council South 25-26fy

GetBudgetingReportDraft26-27

GetBudgetingReport Agreed SPPC budget Dec25

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2025-26 Audit Letter      AGAR Form Internal audit sheet     Audit Checklist 2025-26

AGAR section 1 & 2 Annual governance statement & Accounting statements 2025-2026         Notice of public rights to view unaudited accounts 2025-2026

Noticeboard 18.05.2026

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Precept & budget information for 2024-25

Agreed Budget Income and Expenditure 2024-25

Agreed Budget Admin 2024-25

Agreed Budget Open Spaces 2024-25

Agreed Budget Projects 2024-25

Agreed Budget Staffing 2024-25

Q1 – Summary 2024-25

Q1 – Reserves 2024-25

ALL BANKS REC – 30th June 2024

Summary Q2 to 30.09.2024 2024.2025 Fy

Q2 Reserves Balance up to 30th Sep 2024

Summary Q3 to 31.12.2024 – 2024.2025 Fy

Q3 Reserves Balance up to 31st Dec 2024

Q3 Bank Reconciliation Summary – 31.12.2024

Q4 GetReconcileAll banks to 31-03-2025

Reserves Balance up to 31st Mar 2025

Summary Q4 to 31-03-2025

CIL Annual Report – Somerset Council South 24-25 fy

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2024-25 Audit Checklist

2024-25 Audit Letter

AGAR Int Audit declaration

Audit Recommendations list

Notice of unaudited accounts and rights for website

Dates of period for the Provision of Public Rights 2024-25

AGAR 3-4-5 for website

AGAR Sec 3 & notice for website and notice board.

 

AGAR Sec 3 & notice for website and notice board.

Restated report

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Precept & budget information for 2023-24

Final agreed budget 2023-24

Q1 Summary 2023-24

Q1 Reserves 2023-24

Q1 ALL BANKS REC 2023-24

Q2 Summary 2023-24

Q2 Reserves 2023-24

ALL BANKS REC – 30th Sept 2023

Q3 Summary 2023-24

Q3 Reserves 2023-24

ALL BANKS REC – 31st December 2023

Q4 Summary 2023-24

Q4 Reserves 2023-24

ALL BANKS REC – 31st March 2024

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Annual Governance Accountability Return 2023-2024

AGAR sections 1 and 2 2023-2024

AGAR section 3 2023-2024

Conclusion of audit 2023-2024

AGAR publication notice

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Precept & budget information for 2022-23

Q1 Summary 2022-23

Q1 Monthly report 2022-23

Q1 Reserves Balance 2022-23

Q1 ALL BANKS REC 2022-23

Q2 Summary 2022-23

Q2 Monthly report 2022-23

Q2 Reserves Balance 2022-23

Q2 – ALL BANKS REC

Q3 Summary 2022-23

Q3 Month report 2022-23

Q3 Reserves Balance 2022-23

Q3 – ALL BANKS REC

Q4 Summary 2022-23

Q4 Reserves Balance 2022-23

Q4 ALL BANKS REC

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Annual Governance & Accountability Return 2022-23

Dates for Provision of Public Rights – 2022-23

AGAR – Sections 1 and 2

AGAR – Section 3

Notice of Conclusion of Audit – 2022-23

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Budget for website – 2021-22

Q3 All Banks reconciliation – 31.01.2022

Q3 Monthly breakdown – 31.01.22

Q3 Reserves Balance – 31.01.22

Q3 Summary Report – 31.01.22

Q4 All Banks reconciliation – 31.03.22

Q4 Monthly breakdown – 31.3.22

Q4 Reserves Balance – 31.03.22

Q4 Summary Report – 31.03.22

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Dates for Exercise of Public Rights 2021-22

Annual Internal Audit report 2021-2022

Annual Governance statement 2021-2022

Accounting statement 2021-2022

South Petherton AIAR Explanations 2022

Conclusion of Audit dates 2021-22

PKF – Final Report and Certificate 2021-22

PKF – Final Report and Certificate (b) 2021-22

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Dates for Exercise of Public Rights 2020-21

AGAR – Interal Audit report 2020-21

AGAR – Annual Governance Statement 2020-21

AGAR – Accounting Statement 2020-21

South Petherton – AIAR Explanations 2021

SO0247 IS3 – External Report & Certficate

Final Report & Certificate 2020-21

Conclusion of Audit notice 2021-2021

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AGAR Sections 1-2 2019-20

South Petherton – signed AIAR 2020

External Auditor Report and Certificate 2019-20

Notice of Conclusion of Audit 31.3.2020

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Annual Governance Statement 2018-19

Annual Accounting Statements 2018-19

Annual Internal Audit report 2018-19

PKFL Report and Certificate 2018-19

Audit Conclusion notice 2018-19

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FINAL – AGAR 2017-2018

PFKL Report and Certificate 2017-18

Audit Conclusion notice 2017-18

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Annual Return – 2017
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Asset Registers

GetAssetsAndInvestments

FINAL Asset Register – February 2025

FINAL Asset Register – 31 March 2024

FINAL Asset Register – 31 March 2023

FINAL Asset Register – March 2021

FINAL Asset Register – March 2020