Warmington Parish Council Accounts

Back to Parish Council Accounts Index Page

WARMINGTON PARISH COUNCIL
Accounts For the year ended 31st March 2003
Supporting Statement
Assets
The following assets were purchased during the year
2 seats		£334.88
Portacabin		£2350.00
		£2684.88

As at 31st March 2002 the following assets were held:
COMMUNITY ASSETS		Value
Burial Ground		_
Pocket Parks		_
OTHER FIXED ASSETS
Equipment:	Shed	£377.02
	Mowers & Other Equipment	£1256.41
	Doomsday Book & Cabinet	£285.76
	Lamp posts, street furniture & Cemetery Gate House	£6036.54
	Cemetery Fence & Gates	£755.83
	Office	£100.00
	Interpretation Panel	£898.88
	2 seats	£334.88
	Portacabin	£2350.00
	Apple press	£139.00
		£12533.87
The basis of valuation of these assets is replacement value based on current sums insured, with the
exception of Community Land which is valued at nil and the Interpretation Panel which is valued at cost

The basis of valuation of these assets is replacement value based on current sums insured, with the exception of Community Land which is valued at nil and the Interpretation Panel, 2 seats, Portacabin and Apple Press which are valued at cost and to be added to the Insurance Policy

Borrowings
As at 31st March 2003 there were no loans to the Council outstanding


Leases
As at 31st March 2003 the following leases were in operation:-
Lease of the Leisure Field, Peterborough Road from Elton Estates- 99 year lease, £1 per annum
Lease of Allotment land, Stamford Lane from Elton Estates
The lease for the Pocket Park at Big Green is no longer in operation, the Pocket
Park having been transferred into the ownership of the Parish Council.


Debts Outstanding
As at 31st March 2003 debtors outstanding to the Council were VAT £1844.55


Creditors
As at 31st March 2003 there were no creditors outstanding


Tenancies
During the year tenancies were entered into with Allotment holders for land on Stamford Lane






S.137 Payments
Section 137 of the Local Government Act 1972 enables Parish Councils to spend up to the product
of £3.50 per head of electorate for the benefit of people in the area on activities or projects not
specifically authorised by other powers.
The limit for this Council in the year ended 31st March was £2551.50 and the following payments
were made:-

		£
Church Jubilee Donation		100.00
Village Jubilee Donation		100.00
Youth Club		150.00
Neighbourhood Watch		20.00
Youth Orchestra		39.63	*
Four All Magazine		100.00
W School - Litter bin		140.49
Winged Fellowship		20.00
CAB		50.00
		720.12

* The Youth Orchestra have an annual grant of £100. For the financial year ended March 2003 they
have £60.37 remaining.

Grants
During the year the following grants have been received
Grants for trees	632.00
Grants /Donations for seats	383.63
Leisure Field Grant	3000.00
Other	157.71
	4173.34

Expenditure on the Leisure Field to the end of the year totals £2758.07. There remains £241.93 which
is to be put towards seeding the area.

Agency Work
During the year no agency work was undertaken by the Council


Advertising and Publicity
No costs were incurred during the year.


Contingent Liabilities & Pensions
Nil




Signed…………………………………………….			………………………………….
(Chairman)			(Responsible Financial Officer)



Date……………………………………………….			……………………………………

Back to the WARMINGTON VILLAGE WEB Home Page