Annual Governance and Accountability Returns

Annual Governance and Accountability Return 2018/19

Under the Local Audit and Accountability Act 2014, and The Accounts and Audit (England) Regulations 2015 (SI 234), the Parish Council makes available its Annual Governance and Accountability Return. The following documents can all be accessed by clicking on their name.

Certificate of Exemption AGAR 2018-19 Part 2

Annual Internal auditor’s report 2018-19

Annual Governance Statement 2018-19

Accounting Statements 2018-19

Explanation of significant variances in the accounting statements

Bank Reconciliation YE 310319

Items of expenditure over £100 2018-19

Asset Register 310319

Notice of Exercise of Public Rights period 2019

End of year accounts 2018-19

Notes to End of year accounts 2018-19

Annual Governance and Accountability Return  2017/18

Certificate of Exemption

Internal Audit Report 2017/18

Annual Governance Statement 2017/18

Accounting Statements 2017/18

Explanation of significant variances

Bank Reconciliation 

Further information is available, in accordance with the Transparency Code for Smaller Authorities. The following documents can all be accessed by clicking on their name.

Items of expenditure over £100 

End of year Accounts 2017/18

Notes to End of year Accounts 2017/18

Asset Register April 2019


The Financial Regulations under which the Parish Council operates are reviewed annually. The Regulations were last reviewed in September 2019.

Parish Budget and Precept

The Parish Council annually reviews its income and expenditure at a full Parish Council meeting normally held in November and sets the village precept which is submitted to Durham County Council for inclusion in the county tax band calculations.

The village precept for the current year is £6810 which forms the bulk of the Parish Council income. We always strive to spend this money prudently on maintenance issues around the parish to maintain and enhance the aesthetics of the village.

Previous End of Year Accounts and Annual Returns

2016-2017 Accounts and Annual Return

At the end of each financial year the parish council must formally approve its accounts and submit to an independent financial auditor for approval. The accounts for 2016-2017 have been formally approved and the Notice of Conclusion of Audit, Annual Governance Statement and Annual Report can be seen below.

Notice of Conclusion of Audit 2016/2017

Annual Return Year Ended 31/03/2017

Previous years’ accounts can be found below:
Cotherstone Parish Council Accounts 2013-2014 (.pdf)

Cotherstone Parish Council Accounts 2014-2015  (.pdf)
Annual Report including Annual Governance Statement 2014-15 (.pdf)
Notice of Conclusion of Audit (.pdf)

Cotherstone Parish Council Accounts, Annual Governance Statement, Annual Report and External and Internal Report 2015-16

Transparency Code requirements

The Local Audit and Accountability Act 2014 sets out a new framework for local public authorities which are currently covered by the audit commission regime. Under the new framework local councils with an annual turnover not exceeding £25’000 will be exempt from routine external audit.

  • All items of expenditure greater than £100 are minuted within the monthly Parish Council Minutes
  • End of year accounts are shown above
  • An annual governance statement is produced in accordance with the format of the annual return audit form
  • Internal annual audit report, an annual internal financial audit is carried out prior to current submission to the external auditing body
  • Public land and Building Assets, the Parish Council has ownership of the following assets (all land assets are registered with the Land Registry, registry reference number: DU322215)
    • East Green
    • West Green
    • Cemetery
    • The Hagg Grounds
    • The Council has one building asset, the Hearse House (opposite the Village Hall) which is rented out as a garage on an annual basis and used for storage of Village Hall surplus equipment.
  • Councillor responsibilities are defined in the schedule of councillors, limited to chair and vice chair due to the size/responsibilities of the Parish Council.