Annual Finance Report 2014-15
An explanation of significant variances (e.g. more than 10-15%) in the statement of accounts for the relevant year and the previous year can be found below:
Further financial information regarding the Parish Council can be found on the Transparency Code Page.
East Claydon Parish Council Register of Public Land and Building Assets – 31 March 2015 Register
Item Location Value
Village Hall Botyl Road £541,094
Botolph Claydon Clock Tower & Clock Botyl Road £55,920
Botyl Road, Botolph Claydon Playground St Marys Road £ 9,000
Land valued at purchase price, 2011.
External Auditor has notified the Parish Council in their report from our 2012/13 annual audit, that as stated in the Practitioners’ Guide, local councils should account for fixed assets at their purchase cost. If this is not known, a proxy cost should be substituted. (e.g. insurance value). Whatever valuation basis is adopted, this should be applied consistently and the ‘book’ value should stay constant until disposal. Where the insurance value has been used as a proxy, it should not be adjusted for any inflation increases.