Minutes Finance Working Group 13th April 2018

Minutes of Finance Working Group Meeting
held at The Peterchurch Village Hall on Friday 13th April 2018 at 7.00pm

Councillors Present No PPC/MW/119FWG
Councillor Mr P J Clarke Parish Council Chairman
Councillor Mr B C Treanor Finance Working Group Chairman
Councillor Mr M J Church
Councillor Mrs R A Quelch
Clerk Mr M Walker
1.0 Apologies for Absence
To receive and accept any apologies
No apologies received
No Declarations of Interest recorded
2.0 To Confirm the Minutes of the Previous Meeting PPC/MW/116F dated 19th January 2018
To sign as correct Minutes from the previous meeting
The Minutes of the Finance Working Group Meeting No PPC/MW/116F held on Friday
19th January 2018 at 7.00pm were unanimously confirmed as a true record and signed by the Chairman at the next full Parish Council meeting.
3.0 Financial update
3.1 To Acknowledge and Record Receipts
No receipts received
3.2 Review Invoices for Payment
West Mercia Energy Invoice No 1475740 Electricity 01/02/2018-28/02/2018 £41.12
*Joint Cheque 001005
5th April 2018 West Mercia Energy 1490080004438
new twelve month capped electricity price for 01/04/2018-31/03/2019
West Mercia Energy Invoice No 1475662 Electricity 01/02/2018-28/02/2018 £9.61
*Joint Cheque 001005
5th April 2018 West Mercia Energy 1490090012853
new twelve month capped electricity price for 01/04/2018-31/03/2019
Peterchurch Village Hall Invoice No 88 £20.00
Tuesday 20th March 2018
Cheque 001006
Clerk’s Salary April 2018 Gross £618.34
Vehicle expenses £17.55
Postage £19.05
Computer Software £39.00
TAX £100.00 NIC £0.00
Nett Salary £593.94
Cheque 001007
All financial transactions unanimously approved
3.3 Confirmation of Bank Balances and Reconciliations
End of Year
Bank Balances as per Statements
@ 4th April 2018 Lloyds Treasurers Account £4,301.18
Bank Statement No 32
Bank Reconciliation to agree with Bank Statement signed
dated 13/04/2018 £4,301.18
Bank Balances as per Statements
@ 4th April 2018 Lloyds Treasurers Account £3,435.15
Bank Statement No 32
Bank Reconciliation for 1st April 2018-30th April 2018
Signed dated 13/04/2018 £2,561.02
End of Year
Bank Balances as per Statements
@ 3rd April 2018 Lloyds Business Bank Instant Access Account £18,444.43
Bank Statement No 25
Bank Reconciliation to agree with Bank Statement signed
dated 13/04/2018 £18,444.43
Bank Balances as per Statements
@ 3rd April 2018 Lloyds Business Bank Instant Access Account £18,444.43
Bank Statement No 25
3.4 To review 2017-2018 Year End Accounts
2017-2018 Accounts approved
3.5 Verify VAT Claim 1st April 2017 – 31st March 2018
VAT Claim for 1st April 2017 – 31st March 2018 completed and ready for submission to
HMR&C for £3,077.23

Letter for Brendan and Address and Village Hall Data
Village Hall Car Park
Hinton Hedge

4.0 To Agree Schedule and Venue for the Finance Working Group Meetings
Schedule – Next Finance Working Group Meeting to be held on the 4th May 2018
Venue – The Peterchurch Village Hall at 7.00pm
Meeting declared closed at 8.20pm