Warmington Parish Council Accounts

Assets

The following assets were purchased during the year

Allotment Shed

1365.00

As at 31st March 2004 the following assets were held:

COMMUNITY ASSETS

Value

Burial Ground

_

Pocket Parks

_

OTHER FIXED ASSETS

Equipment:     

Shed

392.10

Mowers & Other Equipment

1256.41

Doomsday Book & Cabinet

285.76

Lamp posts, street furniture & Cemetery Gate House

6278.00

Cemetery Fence & Gates

785.59

Office

100.00

Interpretation Panel

934.83

2 seats

348.27

Portacabin

2444.00

Apple Press

144.56

12969.52

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 Allotment Shed which is valued at cost

and will be added to the Insurance Policy

Borrowings

As at 31st March 2004 there were no loans to the Council outstanding

Leases

As at 31st March 2004 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

Debts Outstanding

As at 31st March 2004 debtors outstanding to the Council were VAT £1505.18

Creditors

As at 31st March 2004 there were no creditors outstanding

Tenancies

Tenancies are in existence 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 £5.00 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 2004 was £3615.00 and the following payments

were made:-

£

Youth Orchestra

30.00

Victim Support

50.00

CAB

50.00

130.00

Grants

During the year the following grant has been received

Grant for the allotments

1332.00

Ultimately the allotments will be self financing. To date income and expenditure is as follows:-

Income

Expenditure

Rents 02/03

175.00