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  • Have items or services above the de minimus amount been competitively purchased? Yes  • Are payments in the cashbook supported by invoices, authorised and minuted? Yes and fully cross referenced  • Has VAT on payments been identified, recorded and reclaimed? Yes  Is s137 expenditure separately recorded and within statutory limits? Yes 
              No spend
Risk management arrangements  
 • Does a review of the minutes identify any unusual financial activity? No  • Do minutes record the council carrying out an annual risk assessment? Yes at item 09.15 6 May 15 meeting  • Is insurance cover appropriate and adequate? Yes and reviewed annually in line with additions to asset register and risk assessment  • Are internal financial controls documented and regularly reviewed? Yes as per Standing Orders and Financial Regulations  Budgetary Controls    • Has the council prepared an annual budget in support of its precept? Yes, RESOLVED  at item 56.15  of the Jan 16 meeting   • Is actual expenditure against the budget regularly reported to the council? Yes at every meeting  • Are there any significant unexplained variances from budget? No  Income Controls    • Is income properly recorded and promptly banked?  Yes, as soon as it is received