|
INCOME |
|
2015/16 |
2016/17 |
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|
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|
Precept |
17500 |
17500 |
|
|
||
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|
Allotment rents received |
36 |
36 |
|
|
||
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|
Cemetery fees |
289 |
651 |
|
Note 1 |
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Donations |
0 |
0 |
|
|
||
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|
Grants |
0 |
0 |
|
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||
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|
Handbook sales |
0 |
0 |
|
|
||
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|
VAT refund |
944 |
412 |
|
Note 2 |
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Miscellaneous |
0 |
0 |
|
|
||
|
|
Total income for year (A) |
18769 |
18599 |
|
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EXPENDITURE |
|
|
|
|
|
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General administration |
1232 |
1901 |
|
Note 3 |
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Clerk’s pay and expenses |
3230 |
3621 |
|
Note 4 |
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Capital expenditure |
0 |
0 |
|
|
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|
Open spaces |
6067 |
12907 |
|
Note 5 |
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|
Footpaths |
0 |
0 |
|
|
||
|
|
Elections |
24 |
0 |
|
Note 6 |
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Communications |
0 |
0 |
|
|
||
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Village Hall |
192 |
959 |
|
Note 7 |
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Longparish Community Association |
397 |
804 |
|
Note 8 |
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|
Loan Repayment |
2188 |
2188 |
|
|
||
|
|
VAT paid |
412 |
2000 |
|
Note 9 |
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|
Miscellaneous |
0 |
0 |
|
|
||
|
|
Total expenditure for year (B) |
13742 |
24380 |
|
|
||
|
|
|
|
|
|
|
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|
|
Net operating income (A-B) |
5027 |
-5781 |
|
Note 10 |
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|
GENERAL FUND |
|
|
|
|
|
||
|
|
Balance at beginning of year |
27766 |
34222 |
|
|
||
|
|
Add |
|
|
|
|
||
|
|
Net operating income |
5027 |
-5781 |
|
|
||
|
|
Loan balance at end of previous year |
15320 |
13391 |
|
Note 11 |
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|
Transfer from playground equipment fund |
0 |
2346 |
|
|
||
|
|
S106 Payment |
0 |
3562 |
|
|
||
|
|
Less |
|
|
|
|
||
|
|
Transfer to playground equipment fund |
500 |
500 |
|
Note 12 |
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|
|
Loan |
13391 |
11427 |
|
Note 13 |
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Debtors from previous year |
0 |
0 |
|
|
||
|
|
Balance at end of year |
34222 |
35813 |
|
|
||
|
|
|
|
|
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BALANCE SHEET AS AT 31 MARCH |
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|
|
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CURRENT ASSETS |
|
2015/16 |
2016/17 |
|
|
||
|
|
Bank balance |
50613 |
44832 |
|
|
||
|
|
Debtors |
0 |
3562 |
|
Note 14 |
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|
Total (C) |
50613 |
48394 |
|
|
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|
CURRENT LIABILITIES |
|
|
|
|
|
||
|
|
Creditors |
0 |
0 |
|
|
||
|
|
Outstanding loan |
13391 |
11427 |
|
|
||
|
|
Total (D) |
13391 |
11427 |
|
|
||
|
NET ASSETS (C-D) |
|
37222 |
36967 |
|
|
||
|
|
|
|
|
|
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REPRESENTED BY |
|
|
|
|
|
||
|
|
General Fund balance |
34222 |
35813 |
|
Note 15 |
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|
Playground equipment fund balance |
3000 |
1154 |
|
|
||
|
TOTAL RESERVES |
|
37222 |
36967 |
|
Note 16 |
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NOTES AND SUPPORTING STATEMENTS
1. Cemetery Fees. Increased usage in comparison with 2015/16.
2. VAT Refund. Refund of VAT for 2015/16 now included.
3. General Administration. Increased costs in 2016/17.
4. Clerk’s Pay & Expenses. Back-dated holiday pay included.
5. Open Spaces. Playground refurbishment £5908. £2346 from Playground reserve. £3562 S106 funding owed by TVBC.
6. Elections. No election in 2016/17.
7. Village Hall. Funds are reserved for the continuing refurbishment. Expenditure in 2016/17 was for a new lease for land to the rear of the Village Hall.
8. Longparish Community Association. KidZone youth club re-established, therefore increased costs, but within allocated budget.
9. VAT Paid. Payment of VAT for 2016/17 now included.
10. Net operating income. Higher costs due to Playground refurbishment, and S106 funding still owed.
11. Loan Balance. Previous year’s loan balance added back to avoid double-counting.
12. Playground Equipment Fund. £500 earmarked annually for major repair or replacement of playground equipment.
13. Loan. Balance of PWLB loan at end of financial year.
14. Debtors. S106 funding of £3562 expected, towards cost of refurbishment of Playground.
15. General Fund Balance. General Fund includes £6,128 earmarked as Council’s final contribution to Village Hall Refurbishment Project.
16. Basis of Accounts and Rounding. Figures are inclusive of VAT, which the Council is able to reclaim, and all figures in the accounts are shown to the nearest £1.
Assets
At 31 March 2017 the following land was held, at nil value:
Cemetery
Common land - former gravel pit, the Common, Southside Road
Common land - former sand pit at Larkwhistle, Nun's Walk
Common land - former chalk pit by Vale Farm, Nun's Walk
Bus shelter opposite the Plough
Bus shelter near the shop
Bus shelter at Forton
Playground Equipment (assessed replacement value at 31 Mar 2017)
|
Swings |
2116 |
|
Slide |
3728 |
|
Whirling platform |
4350 |
|
Bouncy elephant |
2053 |
|
Safety surfaces |
20552 |
|
Skate ramp (including Matta safety surface) |
27604 |
|
Youth shelter |
4617 |
|
Wok roundabout |
2046 |
|
Play Train |
1816 |
|
Little Hamlets - Tottlebank |
3652 |
|
Joined Logs and Inclined Twine |
667 |
|
Safety Surface |
271 |
|
Six-sided Super structure & metal feet |
3948 |
|
Grass-guard tiles |
1960 |
|
Total Value |
79379 |
Other Assets (assessed replacement value at 31 Mar 2017)
|
3 bus shelters (Forton, Plough, Shop) |
10594 |
|
Seats (Forton, church, cemetery, playground, North Acre) |
3626 |
|
Seat Footpath 14 |
446 |
|
2 Picnic tables (playground) |
2097 |
|
Ash Burn Rest |
7372 |
|
Notice boards (Forton, shop, cemetery, 3 bus shelters) |
744 |
|
Cemetery and recreation ground fencing |
6536 |
|
Stone cross near church by B3048 |
3231 |
|
War memorial in cemetery |
4971 |
|
Grindstone near Ashburn Rest |
349 |
|
Stocks outside church |
718 |
|
Special photograph albums |
354 |
|
Total Value |
41037 |
Other assets (estimated replacement cost)
|
Horticultural tools (Parish Paths Partnership) |
1,030 |
|
Filing cabinet |
67 |
|
Total Value |
1,097 |
Leases
During the year the following tenancies were held:
Council as landlord: none
Council as tenant:
|
Landlord |
Property |
Annual rent |
Repairing |
|
Middleton Estate |
Allotments |
£36 |
No |
|
Middleton Estate |
Playground |
Nil |
Yes |
|
Middleton Estate |
Football field |
£50 |
See agreement |
|
Middleton Estate |
Village Hall Car Park |
Nil |
Yes |
|
Diocese |
Village Hall |
£1 |
Yes |