Medbourne Parish Council - Accounts 2010/11

The tables below contain the Medbourne Parish Council accounts for 2010/11. If you would like to download a copy of the spreadsheet containing the precept see the link below.

Statement of Assets

		2011		2010
Balance brought forward		12,324.24		13,092.10
Add Receipts		10,261.72		6,623.81
Less Payments		-11,705.34		-7,391.67
Balance carried forward		10,880.62		12,324.24
Represented by:
Current Account		1,380.55		1,024.42
Business Premium Account (I.A.S.)		5,488.75		7,485.06
National Savings Account		4,135.48		4,127.22
2.5% Consolidated Stock		24.84		24.84
Less Unpresented cheques		-149		-337.3
		10,880.62		12,324.24
Being:
General Funds		8,764.79
Designated Funds re: The Hollow		573.23
Taxi Voucher Scheme		1,542.60
		10,880.62
Contingency Funds Held	As at	Added	Utilised		As at
	31.03.10	in Year	in Year		31.03.11
Election	331	0	0		331
Parish Mower Replacement	1,097.00	50	0		1,147.00
Lighting	2,000.00	0	0		2,000.00
Parish Maintenance	500	50	450		100
	3,928.00	100	450		3,578.00
Addendum: Apart from the assets detailed above there is a separate Mower Fund Account
at Barclays Bank held jointly by the Parish Council and Sports club. As at 31.03.11 the
balance in this account stands at £5,421.62
		Community Account			55
		Business Premium Account I.A.S.			5,366.62

 

Receipts and Payments

		2011		2010
RECEIPTS
Precept		5,457.00		5,377.00
VAT Refund		235.09		601.52
Peppercorn Rent		45		0
Other Income
___The Hollow		462.2		495
___Taxi Voucher Scheme		300		135
___Donation Police Laptop		50		0
___Village Hall		3,700.00		0
		10,249.29		6,608.52
Investment Income:
Bank Interest - BPA - ISA	3.69		3.87
2.5% Consol Stock Interest	0.48		0.48
NSB Interest	8.26	12.43	10.94	15.29
TOTAL RECEIPTS		10,261.72		6,623.81
PAYMENTS
Clerk Salary & Expenses		867.36		863.2
Councillors Expenses		0		0
Other Admin Costs		11.06		329.76
Legal Fees		100		0
Election Costs		0		0
Audit Fee		120		120
Insurance		532.37		550.22
Subscriptions & Donations		806.63		1,252.81
Village Hall		4,420.00		720
Mower Costs		148.19		159.37
Mower Renewal Fund		250		250
Electricity for Street Lights		681.24		681.24
St Lighting Repairs & Maint.		479.68		396
Dog Bins		388.75		421.45
Village Maintenance		450		45.17
Grass Cutting		229.36		0
The Hollow		620.06		366.67
Taxi Voucher Scheme		665		745
		10,769.70		6,900.89
VAT on Payments
General	922.06		485.55
The Hollow	6.58		5.23
Taxi Voucher Scheme	7		0
		935.64		490.78
TOTAL PAYMENTS		11,705.34		7,391.67
Excess of Receipts over Payments
___The Hollow		-157.86
___Taxi Voucher Scheme		-365
___Parish Council		-900.76
Anticipated Expenses		0
Anticipated Income		0

 

Supporting Notes

Assets held at 31st March 2011
Asset	Basis of Valuation			Value
The Hollow	Nominal			£1
Sports Field	Nominal			£1
Village Green	Nominal			£1
Tennis Courts	Nominal			£1
Bowls Green	*Purchase Price			£5,000
24 Street Lights	Insurance			£14,157
13 Village Benches	Insurance			£4,000
War Memorial	Insurance			£23,100
Parish Mower	Insurance			£1,236
			Total	£47,497
*Purchased by Village through fund-raising
LEASES HELD AT 31ST MARCH 2011
Tenant	Property			Rent per annum
Sports Club	Sports Field			£20
Tennis Club	Tennis Courts			Peppercorn
Bowls Club	Bowls Green			£1
DONATIONS MADE DURING YEAR
Payee	Nature of Payment
Royal British Legion	Poppy Wreath				£40
Medbourne Church Council	Contribution to Church Light				£24
Citizens Advice Bureau	Contribution towards running costs				£50
Six Saints Circa Holt	Contribution towards printing costs				£200
Six Saints Circa Holt	Contribution towards Rememberance Day				£20
	(Trumpeter Costs)
Six Saints Circa Holt Youth Club	Contribution towards running costs				£200
Leics Police Authority	Contribution towards laptop for Beat Bobby				£50
EARMARKED RESERVES
Contingency Funds:
Election	£331
Parish Mower	£1,147
Street Lighting	£2,000
Parish Maintenance	£100
Designated Funds:
The Hollow - Fundraising and grants		£573
Taxi Voucher Scheme - fundraising and grants		£1,542
Clerks Salary
Tax paid through PAYE

 

Audit

The Annual Audit of the Parish Council Accounts has been completed by the External Auditors and the Certificate given together with their report. Should you wish to view a full copy of the Annual Return, including the Statement of Accounts, Annual Governance Statement by Councillors and Annual Report by the Internal Auditor, please contact the Parish Clerk.

Down-loadable copy of the Accounts