| GREAT AYTON PARISH COUNCIL |
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| INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31ST MARCH 2008 |
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| 2006/2007 |
| <---------------------------- 2007/2008 -------------------------> |
| Income | Activity | Receipts | Last Year | Current | Income |
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| & | Adjustment | Year | & |
| Expenditure |
| Payments | Reversed | Adjustments | Expenditure |
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| Calculation of Income | <------------------------------- £ ----------------------------------> |
| 3,214.00 | Parks & Open Spaces | 2,961.15 |
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| 2,961.15 |
| 16,569.56 | Public Open Space S.106 |
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| 0.00 |
| 0.00 | General Administration |
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| 0.00 |
| 14,771.20 | Cemetery | 11,997.50 |
| 1,420.00 | 13,417.50 |
| 1,906.14 | Miscellaneous | 2,733.02 |
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| 2,733.02 |
| 488.10 | Fete |
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| 2,394.24 | Total Miscellaneous | 2,733.02 | | | 2,733.02 |
| 28,000.00 | Precept | 29,000.00 |
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| 29,000.00 |
| 3,300.00 | Allotments | 3,250.00 |
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| 3,250.00 |
| -330.00 | Less Allotment Deposits |
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| -290.00 |
| 2,970.00 | Total Allotments | 3,250.00 | | | 2,960.00 |
| 232.64 | Chairman's Allowance | 209.06 |
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| 209.06 |
| 68,151.64 | Sub-total | 50,150.73 | | | 51,280.73 |
| 3,234.40 | Interest | 4,483.08 |
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| 4,483.08 |
| 71,386.04 | Total Receipts | 54,633.81 | | | 55,763.81 |
| VAT Received | 2,118.81 |
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| Total Receipts(excl Interest) | 52,269.54 |
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| Calculation of Expenditure |
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| 6,749.64 | Parks & Open Spaces | 7,916.02 |
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| 7,916.02 |
| 9,991.62 | Public Open Space S.106 | 2,385.35 |
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| 2,385.35 |
| 16,741.26 | Total Parks & Open Spaces | 10,301.37 |
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| 10,301.37 |
| 3,719.23 | General Expenses | 3,847.97 |
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| 3,847.97 |
| 6,039.98 | Cemetery | 9,926.15 | 94.92 | 6.51 | 9,837.74 |
| Less Petrol a/c deposit |
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| 6,039.98 | Total Cemetery | 9,926.15 | | | 9,837.74 |
| 1,774.84 | Allotments | 1,582.30 | 29.60 | 136.38 | 1,689.08 |
| -90.00 | Less Returned Deposits |
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| -170.00 |
| 1,684.84 | Total Allotments | 1,582.30 | | | 1,519.08 |
| 26,434.68 | Salaries | 28,068.33 | 6,608.67 | 7,153.20 | 28,612.86 |
| 1,508.37 | Miscellaneous | 1,674.34 |
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| 1,674.34 |
| 593.66 | Fete |
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| 2,091.50 | S.137 Expenditure | 476.78 |
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| 476.78 |
| 4,193.53 | Total Miscellaneous | 2,151.12 | | | 2,151.12 |
| 263.28 | Chairman's Allowance | 307.22 |
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| 307.22 |
| 59,076.80 | Sub-total | 56,184.46 | 6,733.19 | 7,296.09 | 56,577.36 |
| Bank charges |
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| Depreciation |
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| 50,881.54 | Total Expenditure | 56,184.46 | 6,733.19 | 7,296.09 | 56,577.36 |
| VAT on Payments | 2,397.34 |
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| Total Payments | 58,581.80 |
| Surplus/Deficit | -813.55 |
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| Surplus/Deficit excl interest | -5,296.63 |
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| Underlying Surplus/Deficit excl interest and S.106 funds | -2,911.28 |
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| ACCUMULATION FUND |
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| Gen.Fund | POS.Acc. | Cap.Res. | Total |
| 95,658.43 | Accumulation Fund at 1.4.07 | 51,429.59 | 40,404.73 | 16,153.35 | 107,987.67 |
| 3,234.40 | Add:Interest | 1,708.81 | 2,038.95 | 735.32 | 4,483.08 |
| 20.00 | Add:Forfiet deposits to funds | 60.00 | | | 60.00 |
| Add:Void chq 100857(2006/7) | 20.00 | | | 20.00 |
| Less:Unrecoverable VAT | -206.28 | | | -206.28 |
| 68,151.64 | Add:Total Income | 51,280.73 | | | 51,280.73 |
| -59,076.80 | Less:Expenditure | -54,192.01 | -2,385.35 | | -56,577.36 |
| 107,987.67 | Accumulation Fund at 31.3.08 | 50,100.84 | 40,058.33 | 16,888.67 | 107,047.84 |
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| LONG TERM ASSETS |
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| 61,406.33 | Investments |
| 47,303.32 | 16,869.07 | 64,172.39 |
| Adjustment: POS expenditure paid from General Fund | 7,556.97 | -7,556.97 | | |
| Long Term Debtors |
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| CURRENT ASSETS |
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| 55,745.59 | Cash at Bank | 52,409.77 | 311.98 | 19.60 | 52,741.35 |
| -1,039.70 | Less:Unpresented cheques | -2,610.70 |
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| -2,610.70 |
| Add:Undeposited receipts | 1,420.00 |
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| 1,420.00 |
| 404.08 | Sundry Debtors | 465.69 | | | 465.69 |
| 116,516.30 | TOTAL ASSETS | 59,241.73 | 40,058.33 | 16,888.67 | 116,188.73 |
| LESS CURRENT LIABILITIES |
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| 6,748.63 | Sundry Creditors | 7,300.89 |
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| 7,300.89 |
| 1,780.00 | Long term creditors | 1,840.00 |
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| 1,840.00 |
| 107,987.67 | Net Assets | 50,100.84 | 40,058.33 | 16,888.67 | 107,047.84 |
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| The above statement represents fairly the financial position of the Council as
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| at 31st March 2008 and reflects its income and expenditure during the year. |
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| Approved by the Council |
| 19-May-08 | |
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