GREAT AYTON PARISH COUNCIL







INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31ST MARCH 2007

2005/2006
<----------------------- 2006/2007 -------------------->
Income Activity Receipts Last Year Current Income
&
& Adjustment Year &
Expenditure
Payments Reversed Adjustments Expenditure

Calculation of Income  <-------------------------- £ ----------------------------->
3,300.00 Parks & Open Spaces 3,214.00

3,214.00
15,000.00 Public Open Space S.106 16,569.56

16,569.56
17.25 General Administration


0.00
10,764.50 Cemetery 14,771.20

14,771.20
1,783.27 Miscellaneous 2,394.24

1,906.14

Fete


488.10
1,783.27 Total Miscellaneous 2,394.24     2,394.24
28,000.00 Precept 28,000.00

28,000.00
2,606.50 Allotments 3,300.00

3,300.00

Less Allotment Deposits


-330.00
2,606.50 Total Allotments 3,300.00     2,970.00
137.49 Chairman's Allowance 232.64

232.64
61,609.01 Sub-total 68,481.64     68,151.64
2,749.17 Interest 3,234.40

3,234.40
64,358.18 Total Receipts 71,716.04     71,386.04

VAT Received 2,617.45



Total Receipts(excl Interest) 71,099.09



Calculation of Expenditure



5,142.47 Parks & Open Spaces 6,874.64 125.00
6,749.64
6,718.25 Public Open Space S.106 9,991.62

9,991.62
11,860.72 Total Parks & Open Spaces 16,866.26

16,741.26
4,612.01 General Expenses 3,719.23

3,719.23
3,787.09 Cemetery 5,945.06
94.92 6,039.98

Less Petrol a/c deposit



3,787.09 Total Cemetery 5,945.06     6,039.98
2,408.00 Allotments 1,745.24
29.60 1,774.84

Less Returned Deposits


-90.00
2,408.00 Total Allotments 1,745.24     1,684.84
25,615.02 Salaries 26,245.74 6,419.73 6,608.67 26,434.68
1,818.02 Miscellaneous 1,642.27 133.90
1,508.37

Fete 593.66

593.66
554.48 S.137 Expenditure 2,091.50

2,091.50
2,372.50 Total Miscellaneous 4,327.43 133.90   4,193.53
226.20 Chairman's Allowance 263.28

263.28
50,881.54 Sub-total 59,112.24 6,678.63 6,703.59 59,076.80

Bank charges




Depreciation



50,881.54 Total Expenditure 59,112.24 6,678.63 6,703.59 59,076.80

VAT on Payments 2,494.96

 

Total Payments 61,607.20
   


Surplus/Deficit excl interest 9,074.84


Underlying Surplus/Deficit excl interest and S.106 funds 2,496.90
ACCUMULATION FUND





Gen.Fund POS.Acc. Cap.Res. Total
81,621.77 Accumulation Fund at 1.4.05 47,734.45 32,389.67 15,534.31 95,658.43
2,749.17 Add Interest 1,178.24 1,437.12 619.04 3,234.40
20.00 Forfiet deposits to funds 20.00     20.00


       
61,199.01 Add Total Income 51,582.08 16,569.56   68,151.64
-49,931.52 Less Expenditure -49,085.18 -9,991.62   -59,076.80
95,658.43 Accumulation Fund at 31.3.06 51,429.59 40,404.73 16,153.35 107,987.67

LONG TERM ASSETS

 
39,594.35 Investments
45,272.09 16,134.24 61,406.33

Long Term Debtors




CURRENT ASSETS



64,928.35 Cash at Bank 55,422.22 304.26 19.11 55,745.59
-1,136.77 Less unpresented cheques -1,039.70

-1,039.70

Adjustment: POS expenditure paid from General Fund 5,171.62 -5,171.62


Net Assets



534.56 Sundry Debtors 404.08     404.08
103,920.49 TOTAL ASSETS 59,958.22 40,404.73 16,153.35 116,516.30

LESS CURRENT LIABILITIES



6,702.06 Sundry Creditors 6,748.63

6,748.63
1,560.00 Long term creditors 1,780.00

1,780.00
95,658.43 Net Assets 51,429.59 40,404.73 16,153.35 107,987.67












The above statement represents fairly the financial position of the Council as at 
31st March 2007 and reflects its income and expenditure during the year.






Approved by the Council
  24-Apr-07