Annual Accounts

The Town Council is subject to the Audit Commission Act 1998 and the Accounts and Audit (England) Regulations 2015.

A local council’s financial year begins on 1st April and ends on 31st March in the following year. Legislation requires the council to prepare accounting statements for each financial year, which must be externally audited. These are produced in the form of an annual return which summarises the accounts and includes an annual governance statement. The external audit of a council’s annual return provides a professional audit of a councils annual income and expenditure and a review of the governance by someone that is independent to the council.  This is known as the Annual Governance and Accountability Return, AGAR for short.

The AGAR and supporting documents must be placed on the council website no later than the 30th June each year, after the Council has considered and formally approved the Annual Governance Statement and Accounting Statements.  These are retained on the council website and are available under the year categories below. 

 

Annual Governance and Accountability Returns

2022 2023

 2023 2024

2024 2025


2025 2026


2025 2026 – Boyatt Wood Parish Council post Community Governance Merger 1.4.2026


EASTLEIGH TOWN COUNCIL BUDGET 2026 27

Precept

The Town Council forecasts the amount of funding it will require for the following year and requests this funding from Eastleigh Borough Council in the form of a precept tax that is included within the local Council Tax. A Council Tax base is calculated by equating to the number of Band D equivalent properties in each parish after accounting for items such as:

• Property numbers in each band during the year (i.e. including the results of changes and appeals)
• Benefit relief discounts and exemptions
• Provision for bad or doubtful debts
• Allowance for growth

The tax base figures are expressed as Band D equivalents in accordance with the relevant regulations. This means that a property in band B will be expressed as being equivalent to 7/9ths (or 0.8) of a Band D property whilst a property in Band H will be expressed as two Band D properties.

The Precept for 1 April 2026 to 31 March 2027 was set by the Council in February 2026 and is £125.37 per band D equivalent.  To read more about how your precept is calculated and spent, read our annual statement.

For 2026 27 as there are changes to the council in the merger of Boyatt Wood Parish Council into the Town Council, a longer version explaining more of the reasoning behind the precept is available, more information.

Transparency Code 2015

The Local Government Transparency Code 2015 came into effect on 1 April 2015.

The code is issued by the Secretary of State for Communities and Local Government in exercise of powers under section 2 of the Local Government, Planning and Land Act 1980, and replaces any previous codes issued in relation to authorities in England under those powers.

Eastleigh Town Council meets the definition of a local authority covered by the requirements of the code, defined as ‘a parish council which has gross annual income or expenditure (whichever is higher) exceeding £200,000’ beginning in the budget year 2019 2020.

Eastleigh Town Council complies with the requirements of the code by publishing the information on this website. Hard copies are available on request by emailing [email protected].

Full details of the code can be found here Local Government Transparency Code 2015

Quarterly Information

Payments £500 and over 1.4.22 to 31.3.23

Payments £500 and over 1.4.23 to 31.3.24

Payments £500 and over 1.4.24 to 31.6.24

 Payments over £500 – 1.7.24 to 30.9.24

Payments over £500 – 1.10.24 to 31.12.24

Payments over £500 – 1.1.25 to 31.3.25

Payments over £500 – 1.7.25 to 30.9.25

Payments over £500 – 1.10.25 to 31.12.25

Payments over £500 – 1.01.26 to 31.3.26

Government Procurement Card transactions
Not applicable

Procurement Information
The code requires that local authorities must publish details of every invitation to tender for contracts to provide goods and/or services with a value that exceeds £5,000.

For each invitation, the following details must be published:

  • Reference number
  • Title
  • Description of the goods and/or services sought
  • Start, end and review dates
  • Local authority department responsible

The code requires that local authorities must also publish details of any contract, commissioned activity, purchase order, framework agreement and any other legally enforceable agreement with a value that exceeds £5,000.

For each contract, the following details must be published:

  • Reference number
  • Title of agreement
  • Local authority department responsible
  • Description of the goods and/or services sought
  • Supplier name and details
  • Sum to be paid over the length of the contract or the estimated annual spending or budget for the contract
  • Value Added Tax (VAT) that cannot be recovered
  • Start, end and review dates
  • Whether or not the contract was a result of an invitation to quote or a published invitation to tender

Contracts held with Eastleigh Town Council below the £5,000 per annum levels are:

  • Cloudy Group Limited – provision of IT services  

Annual Information

Eastleigh Town Council – Land and Buildings 2023 24

Eastleigh Town Council – Land and Buildings 2024 25

Eastleigh Town Council – Land and Buildings 2025 26

2022 23 grants were awarded to:

Greening Campaign £          50.00
North Stoneham Community Centre  £     1,030.00
Newtoen Residents Association  £       800.00
11th Eastleigh Scouts  £       398.00
Parkinson Partners  £       300.00

2023 24 grants were awarded to:

Friends Of Cherbourg  £          1,000.00
Stoneham Park  £          1,000.00
The Crescent  £          1,000.00
Norwood School PTA  £          1,000.00
Nightingate PTA  £          1,000.00
North Stoneham £           800.00
Wild Hive Collection £           800.00
Friends of In Touch  £           200.00
  • 2022 23 – Interim Town Clerk and RFO
  • 2023 24 – Interim Town Clerk and RFO and Assistant Town Clerk
    • Appointed Full Time Town Clerk and RFO March 2024
  • 2024 25 – Town Clerk and RFO, Deputy Clerk, Greening Project Officer (Aug 2024), Admin Officer (Sept 2024) and Community Engagement Officer (Jan 2025)
  • 2025 -26 – Organisation Chart
  • Social housing assets
  • Trade union facility time
  • Parking account
  • Parking spaces
  • Pay multiple
  • Fraud

Under the Transparency Code 2015, the council must publish details of any employee earning over £50,000.

  • 2022 23 – Interim Town Clerk Salary in excess of £50,00 
  • 2023 24 – Interim Town Clerk salary in excess of £50,000
    • Full Time Town Clerk and RFO salary in excess of £50,000 
  • 2024 25 – Town Clerk and RFO salary in excess of £50,000 
  • 2025 26 – Town Clerk and RFO salary in excess of £50,000

Assets

A Fixed Asset Register has four main purposes, it:

• forms a basis for completion of box 9 in the ‘Annual Return’.
• forms a basis for decisions on risk and insurance issues.
• provides information on the age and potential lifespan of certain items.
• provides assurance of the continued existence of Council’s property.

In order to ensure transparency and reasonableness, the following items are included in the Council’s asset register, whether purchased, gifted or otherwise acquired, together with their holding location:

• land and buildings held freehold or on long term lease in the name of the Council
• community assets
• vehicles, plant and machinery
• assets considered to be portable, attractive or of community significance
• other assets estimated or known to have a minimum purchase or resale value of £100
• long term investments, shares and loans made by the Council

Local councils must maintain an asset register to ensure fixed assets are appropriately safeguarded. Once recorded on the asset register, the value of assets must not change from year to year until disposal. Concepts of depreciation and impairment adjustments are not appropriate for local councils.

The Register is adopted by the Council at the end of each Municipal Year but is a working document over the following Municipal Year, during which Council Officers will update and amend details as necessary.

The Eastleigh Town Council Asset Register can be downloaded here (Excel file)