WESTLEIGH PARISH
Home The Village Parish Council Village Hall Gallery Church Places of Interest Parish Walks Cricket Club Events Links Contact

INTERNAL AUDIT

INTERNAL AND EXTERNAL AUDIT REPORTS FOR WESTLEIGH PARISH COUNCIL 2015 / 2016

Internal Audit Report 2015/16 – List of concerns and observations


1. Various fixed assets do not seem to be insured:

• Noticeboards

• Kissing gates

• Bench at Eastleigh

2. Telephone box – £1 rent not paid

3. There does not seem to be a fixed asset register.

4. There is no VAT on insurance – insurance tax is not reclaimable.

5 Items on the expenditure should be shown net of tax – i.e. without the VAT if the VAT is to be reclaimed. The VAT is then shown separately.


External Audit Report 2015/2016

Local councils are required to account for assets at purchase cost. The Council should reinstate 2016 figures on next year’s annual Return and write “reinstate” beneath the £ sign on the 2016 column.

Box 11 the trust fund disclosure was left unanswered for 2015/16. The Council confirmed it holds no trust funds.