SOUTH CERNEY WITH CERNEY WICK PARISH COUNCIL

Income & Expenditure Account
For the Year Ended 31st March 2010

Income 2010 2009
Precept 66,125.00 65,295.00
Bank Interest (Note 1) 246.47 2,762.71
Repayment Water 93.34 95.98
  Wayleaves 144.65 161.70
  Insurance Repayment  (Note 2) 463.87 157.04
  Memorial Trees   (Note 3) 1,440.00 135.00
  Grants  (Note 4) 2,962.25 17,137.75
Donations 75.00 2,150.25
  Cotswold District Council Loan - 460.60
  Sales  167.00 614.00
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Total Income £ 71,722.58 £ 88,970.03
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Deduct Expenses     
Cost of Employing Clerk 15,151.66 14,652.33
Administration Expenses   (Note 5) 3,330.81 2,845.61
Subscriptions  (Note 6) 1,473.75 271.00
Councillors' Allowances  1,728.85 1,650.00
Village Maintenance  12,864.15 15,579.70
Village Playground Equipment  - 22,747.25
  Bus Shelters  (Note 7) 3,365.89 676.56
Village Hall 2,350.00 9,718.00
Insurance (Note 8) 1,565.21 1,291.62
Training 122.00 430.88
Professional Fees 758.40 5,883.30
Water Charges 98.34 103.48
Section 137 Payments 1,537.02 1,661.97
  Sundries:-    
  Gloucestershire County Council  (Note 9) 1,300.00    
   G.L.C & R. Williams  (Note 10) 878.44    
    Memorial Trees  (Note 3) 1,285.00    
    South Cerney Football Club (Note 11) 5,000.00    
    South Cerney Cricket Club (Note 11) 2,000.00    
    Cerney Lakes Tennis Club (Note 11) 1,000.00    
    Cerney News & Directory (Note 12) 150.00    
  Shredder Hire (Note 13) 75.00    
    Shredder (Note 13) 600.00    
 

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 12,288.44 7,440.24
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Total Expenses £ 56,634.52 £ 84,960.94
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Surplus for the year £ 15,088.06 £ 4,009.49
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Notes:
 
1.   Bank rate reflects the reduction in interest paid on cash investments.
2.   South Cerney Cricket Club and South Cerney Football Club pay for their portion of the premium. There was a claim of £75 paid by Quinn Insurance.
3.   Residents or relatives of residents pay for memorial trees to be planted.
4.   £2,000 was received from Gloucestershire County Council which subsidised the installation of a new bus shelter. £600 was received from Gloucestershire County Council which paid for the shredder used in the community composting scheme.
5.   There was a marginal increase of 17.05% in administration expenses. There is nothing of exceptional note to record.
6.   This is a procedural increase. Subscriptions for Gloucestershire Association of Parish and Town Councils were paid twice during the period. GAPTC was late in its presentation of its account in the previous period and early in the current.
7.   A new bus shelter was installed. See note 4.
8.   The Football Club’s premium for their new pavilion was included in the account for the first time. The Football Club and the Cricket Club repay the full amount to the Parish Council. The insurance expenditure remains well within budget.
9.   Under the auspices of the Village Plan catering for youth activities the Parish Council paid Gloucestershire County Council £1,300 for the provision of youth workers in the parish.
10.   Under the provision of the Village Plan and to encourage “green” activities in the community the Parish Council granted £878.44 for the construction of composting pits.
11.   Grants were made to the South Cerney Football Club to help with the refurbishment of its dilapidated changing rooms, South Cerney Cricket Club and Cerney Lakes Tennis Club under the provisions of the Village Plan.
12.   This is an annual grant which subsidises the Village Directory and also provides a “free” page in the publication for the Parish Council to promulgate its news and views.
13.   A shredder was hired which proved not fit for purpose. A shredder was donated but the Parish Council was asked to pay for its carriage. Gloucestershire County Council gave a grant of £600 which totally covered the payment of the carriage.
     

Annual Return
 
The difference between box 7 and box 8 is £2584.88 being the VAT repayment.
 
No asset register is kept. Reference Section 4 “H” – not covered.
 

The Parish Council is not responsible for any trust funds.