Financial Accounts 2001
Supporting Statements

Situation as at 31st March 2000
Bank ­ Current Account 7,388.92
Bank ­ Deposit Account 58,766.34
Cash 0.07
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TOTAL £66,155.33
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Situation as at 31st March 2001
Bank ­ Current Account 3,073.35
Bank ­ Deposit Account 42,546.03
Cash 12.67
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TOTAL £45,632.05
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Bank reconciliation to support current account balance
TOTAL INCOME (adjusted from Receipts and Payments) £37,487.79
TOTAL EXPENDITURE (adjusted from Receipts and Payments) £53,130.10
Petty Cash drawn £120.00
Input VAT £4,761.21
NET LOSS £17,477.89
Petty Cash expenditure for the year was £107.40
Assets:
Robert Franklin Way Playing Field was purchased from Gloucestershire
County Council during the year for £6,000.
No assets disposed of
Long standing contractual dispute with Wiltshire Direct Services (WDS)
settled with a payment of £16,000 net and was not brought forward as a
creditor. Therefore this payment in year created the loss which was
supported by the deposit account.
Playing fields and Village Hall are considered to be'community assets' and
are not included.
No Outstanding Loan
Debtor £9.60
This is the money that the Sports Clubs reimburse for water at the Playing Field
Repayment of VAT for year £4,761.21
There are no prepayments/accruals
There is no work in progress.
Of the remaining balance £5,000 has been set aside for replacement of the thatched roof at the village hall and it is intended that this figure is improved by £1,000 per year. The estimated life of the present roof is approximately 20 years. A further £1,000 a year is earmarked for general improvements and maintenance to the village hall. Refurbishment of play equipment was agreed to an amount of £2,500. £15,000 is held to refurbish play equipment ­ £13,000 will be given as a planning gain from Westbury Homes who are developing a site in the village. £6,265 has been set aside for work on the Millennium Park. £5,000 for Road/Safety improvements. Our Reserve Fund is currently £31,265.