Email: clerk@levenpc.co.uk

Call: 07725 301557

Meeting of the Finance Sub committee 12th November 6.45pm Leven School

  1. Attending

Cllr. L. Burrows, (chair), Cllr. C. Farley, Cllr. J. Richardson, Cllr. K. Roydhouse, Ann Woodward (clerk).

  • Apology for absence

None

  • To consider draft budget proposals for 2025/26 and make recommendations to the Parish Council

The Clerk went through the draft budget line by line comparing it to last years budget and explaining the context for any changes.  This including an assessment of income required. 

Cllr. Farley asked why the level of payment to HMRC was increasing.  The Clerk agreed to speak to Autela for advice.  It was noted that the Governments increase in NI will have an impact and the clerk will take this into account in the final draft budget when the implications are clear.

The level of carry over in £2023/24 was discussed in relation to the level of reserves.  It was agreed to reduce this for 2024/25 in line with the recommendations of the internal auditor. 

It was also agreed that the minutes of the Finance subcommittee would also be posted on the website in line with the internal auditor recommendations.

Agreed.  That the draft budget would be recommended for adoption subject to changes which emerge before the next meeting and the outcome of the precept calculator.

  • To consider the migration to the full Scribe accounts system and make recommendations to the Parish Council

The clerk explained the impact the adoption of Scribe had made on efficiency and budget planning and management.  Also, the benefits gained from free training on a range of topics, the new asset register and online support.  The Council pays for the Lite version of the software which has limited functionality for budgeting and managing year end management.  This costs the parish £14.40 (inc VAT) a month.  The full version, with full functionality costs £31 (inc VAT) a month plus an initial set up cost.

Agreed. That the subcommittee would recommend to the Parish Council adoption of the full version of Scribe to aide budgeting, reporting and accountability.

Meeting closed at 7pm