Newnham Parish Council

Serving the people of Newnham

Clerk: Mrs Marion Money
2 Western Row, Daventry
Northamptonshire NN11 4UD

Financial Information

On this page you will find information and documents relating to the financial affairs of the Parish Council, such as:

  • Constitutional Documents - Standing Orders & Financial Regulations
  • Risk Assessments
  • Precept & Budget
  • Annual Audits
  • Asset Register
  • Grants & Donations
  • Annual Contracts
  • CIL (Community Infrastructure Levy)
  • Project Finances


The annual audit process is a formal external assessment of the Council's spending for each financial year, along with internal control and management of its business, with the most recent being year ended 31st March 2019.

It is a two step process with the first step being the Internal Audit which is performed by Northants CALC and takes place annually between March and June. The second and final step is via the External Audit, which is performed by PKF Littlejohn and takes place annually between June and September. The conclusion of audit is then published on the Parish Council website from September onwards.

The audit process for year ended 31st March 2019 began in April and has now concluded. All documentation pertaining to this is below for your review and download should you wish.

Notice of Conclusion of Audit - 31st March 2019

Please click on the below document to receive instruction on how to book an appointment to view any of the audit documentation in person.

Exercise of Public Rights

Pursuant to the Accounts and Audit Regulations 2015, members of the public are able to request to review any documentation pertaining to the finances of the council and the audit process. The period for the Exercise of Public Rights for the year ended 31 March 2019 was between Monday 17th June and Friday 26th July 2019. Please see the official Notice of Public Rights attached below, which on pages 2 and 3, outlines the audit process and the public's rights to view documentation. As this has now ended you will need to click on the Notice of Conclusion of Audit for further instructions on how to view audit documentation.

Precept & Budget

Amend The following budget was prepared by the Clerk/RFO and was approved by full Council in December 2018 for the financial year commencing 1st April 2019.

The rate of council tax was set at £123.87 by Daventry District Council, per BAND D equivalent property, and the precept was set at £116,300 with an increase of £15,686 (9.37%) on the 2018/19 year.

Please peruse the attached Budget/Precept Report for a full breakdown of the 2019-20 budget.

Grants & Donations

These documents list the various grants and donations which have been awarded by the Parish Council and also received for various projects, during the fiscal year.

Financial Regulations & Risk Assessment

Standing Orders



Please visit this area of our website for any financial reports concerning recent or current projects.

Our most recent project is the Somme Memorial. Please feel free to review the attached funding report.

CIL (Community Infrastructure Levy)


Amendments have been made to the 2010 Community Infrastructure Levy (CIL) Regulation that require the District Council to pass a proportion of CIL receipts collected from developments in their areas, directly to parish and town councils to be spent on infrastructure or anything else that is concerned with addressing the demands that development places on an area.

The District Council will pass accumulated funds to the parish every 6 months, and the parish council will be required to report on receipts and expenditure each year.

The charging authorities (the District Council) have to pass on a proportion of CIL receipts to parish and town councils from developments that take place in their area. The District Council is required to pass 15% of CIL receipts to relevant Parish and Town Councils arising from developments in their areas. This rises to 25% in areas with an adopted Neighbourhood Development Plan.

Please see the attached report which outlines the CIL payments Crick Parish Council have received from Daventry District Council for the last few years.

Public Works Loan Board


The Public Works Loan Board (PWLB) is a statutory body operating within the United Kingdom Debt Management Office, an Executive Agency of HM Treasury.

PWLB's function is to lend money from the National Loans Fund to local authorities, and to collect the repayments.

Crick Parish Council currently have a number of loans with the Public Works Loan Board, which have enabled the council to purchase land for the woodlands, sports field complex and also more recently the land on which the allotment gardens sit. Another loan was also taken out a few years ago to cover the cost of converting all street lights to LED.

The details of all the loans are documented in the attached, which will be updated every six months, as and when repayments are made and payment schedules are received from PWLB. Payments for each loan are made at half year intervals dependent on when the loan commenced.


Needs Amending

Grass Cutting 2019

Crick Parish Council holds three contracts for grass cutting, tree surgery and payroll services, which were adopted by Council in December 2018.

The contract for Grass Cutting is held with Steers, which will run for the 2019 grass cutting season and will be reviewed again during the budget process in October of this year.

The Contract value is for £9k which consists of 17 cuts during the grass cutting season of all open spaces within the Parish Council's remit, including the burial ground at St Margaret's Church.

Urban Highway Grass Mowing 2019

Crick Parish Council receive an annual agency grant of £1,140.00 towards grass cutting costs of urban highways within the Parish Council's jurisdiction, on behalf of Northamptonshire County Council.

Tree Surgery 2019

Crick Parish Council adopted a tree surgery contract for the 2019-20 year with Treeworx, which is valued at £5,000 and will be reviewed again during the budget process in October of this year.

Payroll 2019

Crick Parish Council hold one contract with Autela Payroll Services for the 2019 year at a value of £245.00.

Autela manage the payroll and pension process for all employees of Crick Parish Council.

Police Community Support Officer Contract 2019

Crick Parish Council help fund two dedicated PCSOs for the Crick area, which are shared with DIRFT, who also fund the majority of the annual cost for such a service.

Crick Parish Council's annual portion for 2019-20 is £14,000.