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         TOWCESTER TOWN COUNCIL

         Balance sheet at 31st March 2007

   31st March 2006                                                                                              31st March 2007

 

                                                      LONG TERM ASSETS

 

           447                                     Investments                                                                      447

                                                      Long Term Debts

 

 

                                                      CURRENT ASSETS

 

         1561                                      Debtors                                                                       3099

         2144                                      Payments in advance                                                    2254

         4705                                      V.A.T                                                                          3443

      202281                                     Cash in hand                                                             173891

 

      211138                                     TOTAL ASSETS                                                    183134

 

 

                                                       CURRENT LIABILITIES

 

         2933                                      Creditors                                                                      489

 

 

      208205                                     NET ASSETS                                                        182645   

 

        

                                         General Fund                                          49810

                                         Earmarked reserves Town Hall            18028

                                         Recreation/Leisure                              114807

 

 

 

The above statement represents fairly the financial position of the Authority at 31 st March 2007

and reflects its income and expenditure for the year.

 

Signed and approved by the Resources/Planning Committee 11th June, 2007

 

TOWCESTER TOWN COUNCIL

Income and Expenditure Account

Year end 31.03.2007

 

 

31.03.06

 

 

Year Ended

 

31.03.07

 

INCOME

 

182350

Precept

202617

5542

Interest Investment Account

5517

2054

Interest Bank Account

2061

8715

Town Crier

9733

20118

Hall Hire

18910

20632

Office Rents

24725

1904

Meeting Room Hire

1595

623

General

3033

1553

Agency Services reimbursed

1868

45

Allotment Rent

222

10922

Cemetery

16502

500

Grants

-

958

Section 137

-

22480

Recreation

35790

-

VAT adjustment

295

278396

TOTAL INCOME

322867

 

 

 

 

EXPENDITURE

 

91314

General Account

98536

19649

Section 137 Payments

13713

21246

Cemetery

21372

95646

Recreation Account

148105

810

Public Lighting

841

2000

Towcester Partnership

2000

48263

Town Hall Account

37498

-

Allotments

26362

278925

TOTAL EXPENDITURE

348427

 

 

 

 

GENERAL FUND

 

64317

Balance at 1 st April 2006

62742

278396

Add Total Income

322867

 

 

 

278928

Deduct Total Expenditure

348427

 

 

 

63785

Balance at 31 st March 2007

37185

1043

Transfer to reserves

12628

62742

 

49810