Financial Information 2021-22

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Financial Information 2021/22

The Town Council is open and transparent about the way it manages its finances. This page contains information on the way the Council protects its finances and what it has spent money on.  The Council’s finances are monitored on a day to day basis by the Responsible Financial Officer (Town Clerk). The Finance Committee also take an oversight role for the Council budgets at their quarterly meetings.

Precept –  The Town Council receives the majority of its income through the precept; an annual sum of money collected with the Council Tax by Northumberland County Council. The precept, set by the Town Council in January, for 2021/22 is £246,898  which amounts to an estimated £115.59/year to Band A properties.

How the precept was calculated 2021/22

Click the link to view the full budget for 2021/2022

Budget 2021.22

Financial Reports –  The Income and Expenditure Reports show the income and expenditure accounts for the Council.  The Council routinely and voluntarily publishes an updated list of all Council payments  for the financial year. These reports will be made available after they have been reported to the Finance Committee.

Cashbook Months 1-3

Cashbook Months 4-6

Cashbook Months 7-9

Cashbook Months 9-12

Bank Reconciliations months 1-3

Bank Reconciliations Months 4-6

 

Grants and Awards

Section 137 of the Local Government Act 1972 allows local authorities, including Parish and Town Councils, to award grants which will bring direct benefit to their area.

The Town Council is able to provide a grant or gift to an organisation for a specific purpose that will benefit the town, or residents of the town, and which is not directly controlled or administered by the town council.

The law requires grants to be “in the interests of or will directly benefit the area or its inhabitants, or of part of it, or some of it” and “the direct benefit should be commensurate with expenditure”.

You can download the grant application forms for funding from our Policies & Documents page.

Please find below the link to a list of Grants and Awards provided by the council to local organisations for the period 1st April 2021 to 31st March 2022.

28th July 2021 – Newbiggin Heritage Partnership – Newbiggin Heritage Trail – |£2200 (cheque returned)

29th July 2021 – Young person – sport competition fees – £300

29th July 2021 – Young person -sport competition fees – £300

29th July 2021 – Northumberland Church of England Academy – Exhibition costs – £200

15th Sept 2021 – Newbiggin Traders Association – Events £4000

11th Oct 2021 – Wansbeck Valley Foodbank -Donation – £1000

3rd Nov 2021 – Newbiggin Veterans Association – Donation – £300

3rd Nov 2021 – Newbiggin Panto – Donation – £300

15th Dec 2021 – Jayess Brass Band – Donation £300

7th Feb 2022 – Community Planting on Front Street and Woodhorn Road £347.701

25th Mar 2022 – Newbiggin Arts Centre – Dishwasher – £249.99

25th Mar 2022 – Newbiggin Heritage Partnership – Heritage Trail £2970.00

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