Finance and Year End Accounts

THE ANNUAL BUDGET

The preparation of the annual budget is one of the key statutory tasks to be undertaken by Featherstone Town Council as a local council.

Work begins on the preparation of the budget in November each year initially produced by the Responsible Finance Officer for submission for consideration to the Precept Working Party and the Administration & Finance Committee. 

Once this has been reviewed, the budget is then approved at a Full Council meeting in January, including the precept demand for further submission to Wakefield Council.

The budget has three main purposes:

  • It results in the council setting the precept for the year;
  • Subject to the council’s Financial Regulations, it gives the clerk and other officers overall authority to make spending commitments in accordance with the plans approved by members; and
  • It provides a basis for monitoring progress during the year by comparing actual spending against planned spending.

At its simplest the budget compares what a council would like to spend in the forthcoming year on local services with the amount of income it expects to generate, with the excess of planned spending over income being made up by the precept.

To view the current Town Council’s budget for 2026/2027 please click here

GRANTS 2025/2026

The Featherstone Town Council awards grants to voluntary organisations and community groups, which in the opinion of the Council is in the interests of the Town Council’s area and/or its inhabitants and will benefit them in a manner commensurate with the expenditure.

Please find below a list of organisations who have received a grant from Featherstone Town Council in the financial year 2025/2026

OrganisationAmountPurpose
Featherstone Male Voice Choir£250.00Assist with the cost of publicity and recruitment
Friends of All Saints CofE Academy£250.00Assist with the cost of a new PA system
Featherstone Senior Citizens Club£250.00Assist with cost of lunches for the whole group
Featherstone Bowling Group£250.00Assist with the cost of renovating the bottom green.

ANNUAL RETURNS

To ensure transparency, accountability, and good financial management, Featherstone Town Council is required each year to undergo both internal and external audits. These checks help confirm that public money is being managed properly and that the Council is following all legal and financial regulations. Please find details of these reports in the table below.