Misterton with Walcote Parish Council

Misterton with Walcote Parish Council Accounts and Financial Statement to 31 st March 2017 Clerk: Mrs C Walsh, 8 Hazel Drive, Lutterworth, LE17 4TX Telephone: 07840 453493 Email: clerk@mistertonwithwalcote.org.uk www.mistertonwithwalcote.org.uk

Misterton with Walcote Parish Council Balance Sheet and Bank Reconciliation for year ended 31st March 2017 Balance Sheet for year ended 31st March 2017 Opening Balances 1 April 2016 6,812.56 Add Total Receipts 25,029.55 Less Total Payments - 28,936.20 Closing Balance 31 March 2017 2,905.91 The balance carried forward is represented by these funds On 31st March 2017 Current Account balance 300.00 Business Reserve Account balance 2,305.74 Capital Reserve Account balance 300.17 Less cheques drawn but not presented 0.00 Less payments made by not presented 0.00 Bank Reconciliation for year ended 31 March 2017 2,905.91 Signed: (Chair) Print Name: Signed: (RFO) Print Name: Date: Misterton with Walcote Parish Council Clerk to the Council: Mrs C Walsh 8 Hazel Drive, Lutterworth, Leicestershire, LE17 4TX Tel: 07840453493 E-mail: clerk@mistertonwithwalcote.org.uk

Receipts and Payments Summary at 31 March 2017 2016-2017 2015-2016 Actual Difference Budget Actual Income: 13,441.00 Precept 13,459.00 13,459.19 5,022.00 Grants Received 8,996.24-7.55 Bank Interest 3.46 10.00 50.00 Other Income 50.00 50.00 - LCC Grass Cutting 427.54-1,937.30 VAT refund 2,093.31 1,937.30 20,457.85 Total 25,029.55 15,456.49 Expenditure 5,379.96 Clerks salary 6,735.25-1,235.25 5,500.00 202.00 Clerk's allowances 176.00 24.00 200.00 165.64 Office expenses 171.69 128.31 300.00 - Computing Equipment - 200.00 200.00 80.00 Hire of Meeting room 152.00-2.00 150.00 355.45 Subscriptions 317.19 82.81 400.00 649.83 Insurance 678.00 72.00 750.00 165.00 Audit Fees 260.00-75.00 185.00 43.92 Travel expenses 6.75 93.25 100.00 82.50 Training expenses 155.00 45.00 200.00 125.00 Election expenses - 100.00 100.00 8,896.15 Open Spaces 6,974.30 3,425.70 10,400.00 784.16 Play Areas & Recreation 1,110.04 1,039.96 2,150.00 - Village hall - 2,000.00 2,000.00 50.00 Allotments 50.00-50.00 450.00 Arts & Entertainment - 1,500.00 1,500.00 325.00 Public Information & Services 970.00-445.00 525.00 360.00 Churchyard Maintenance - - - - Section 137 (Free Resource) - 2,500.00 2,500.00 4,826.35 Misc* 53.00-53.00-2,073.31 VAT paid 3,191.98-3,191.98 - - Footpath Improvements 7,935.00-7,935.00 - - Contingency - 670.00 670.00 - Earmarked projects - - - 25,014.27 Total payments 28,936.20 27,880.00 Income over expenditure - 3,906.65 *Open Spaces spend 2016-2017 Legal fees associated with land purchase, South Kilworth Rd Field 1,767.40 Misc Spend - AED replacement electode pads 53.00 *Misc spend 2015-2016 Footpath Improvement Project from WindFarm Grant of 4922, the balance of 95.65 to be used to purchase a notice board for the Triangle ( 4,826.35 grant)

Misterton with Walcote Parish Council Summary Receipts and Payments Account for the year ended 31st March 2017 Receipts Payments Subtotal Precept 13459.00 General Administration 8651.88 Audit Fees 260.00 Bank Interest 3.46 Clerk's allowances 176.00 Computing Equipment 0.00 S Kilworth Field Election Expenses 0.00 Rent 0.00 Insurance Premium 678.00 Memberships and Subscriptions 317.19 Bufton Allotments Office Expenses 171.69 Rent received 50.00 Rent of meeting room 152.00 Salaries 6735.25 Grants Received Training 155.00 Transparency Fund 996.24 Travel expenses 6.75 Tesco Bags of Help 8000.00 Bufton Allotments 50.00 VAT Refund 2093.31 Rent paid to HDC 50.00 Other Income Projects 7935.00 LCC Grass Cutting Contribution 427.54 Footpath Improvement Project 7935.00 Parks and Open Spaces 6974.30 Mowing Contract 2815.00 Bin emptying contract 643.57 Legal fees assoc with land purchase 1767.40 Purchasing (bin/notice board/bench) 1748.33 Play Areas 1110.04 Playgrounds Inspection 125.00 Repairs & maintenance 985.04 Public Information 970.00 Newsletter/Adverts 0.00 Website 970.00 Miscellaneous 53.00 AED replacement electrode pads 53.00 VAT paid 3191.98 3191.98 Total Receipts 25,029.55 Total Payments 28,936.20 28,936.20

ASSETS Assets are defined as land, buildings, vehicles, plant and equipment with a significant value in relation to the Council's activities. At 31st March 2017 the following assets were held Asset Date acquired if known Purchase price if applicable Estimated or Insured value Walcote Playing Field, Franks Lane, Walcote April 1996 100.00 100.00 Children's Play Area, Chapel Lane, Walcote 1984 2,000.00 2,000.00 South Kilworth Road Field May 2016 Sports Equipment, Walcote Playing Field 1999 740.00 1,093.00 (5-a-side goalposts and basketball post) Skateboard ramp at Walcote Playing Field September 2009 9,950.00 10,000.00 Playground Equipment at Chapel Lane, Walcote March 2011 32,115.00 32,115.00 Junior and toddler swings?1987? 6,000.00 Samsung netbook and software July 2009 600.00 600.00 Lexmark X364dn printer September 2012 174.00 174.00 Rexel shredder May 2014 56.69 56.69 Telephone Kiosk May 2014 2,000.00 AED and cabinet June 2014 2,020.00 2,020.00 HP laptop and mouse September 2014 440.48 440.48 Notice Board November 2013 512.00 512.00 Dog waste bins x 2 ( 137.75 each) November 2013 275.50 275.50 Strangford Litter Bins x 2 ( 174.25 each) January 2015 348.50 348.50 Playing Field & Park entrance signs x 2 March 2015 490.00 490.00 Litter Bin March 2016 165.71 165.71 58,390.88

Misterton with Walcote Parish Council Notes to the Accounts for Year Ended 31 st March 2017 1. Custodian Trustees The Parish Council, as custodian trustee of the Misterton with Walcote Community Trust under the Public Trustee Act 1906, holds the title to the following property on behalf of the Misterton with Walcote Community Trust Walcote Memorial Hall 2006 (formally Walcote Old School Site). The site was purchased in April 1996 from the Diocese of Leicester for the sum of 50,000 with the help of a 40,000 grant from Harborough District Council and is held by the Misterton with Walcote Community Trust for the purpose of a community hall. 2. Leases Bufton Allotments, Chapel Lane, Walcote The Council holds the lease for 0.36 acres of land known as Bufton Allotments from the District Council. This lease was renewed for a period of 21 years from 1 November 1996 at a rent of 50 per annum. 3. Liabilities - Nil The Council has no significant liabilities 4. Grants Received The Parish Council were successful in their application to the Tesco Bags of Help Grant Scheme. They were awarded 8,000 towards the Footpath Improvement Project. The funds were used to replace stiles with kissing gates on our local walks along with ancillary works to the paths. To support small parish councils and other smaller authorities to become web-enabled and compliant with the Transparency Code for Smaller Authorities, the government has allocated 4.7m of funding. The Parish Council was awarded 996.24 towards their costs to remain compliant with the code. 5. Grants Paid The Parish Council did not award any grants this financial year. 6. Other Income Leicestershire County Council contribute towards the grass cutting in the Parish. This is for the urban grass cutting (mainly the verges) that the Parish Council has taken over cutting from LCC. 427.54 was received this year. 7. Section 137 Payments The limit for spending, under Section 137 of the Local Government Act 1972, for this Council in the year of account, is 7.42 per elector (2016-2017). No payments were made in the year of account. 8. Recoverable VAT A total of 3,191.98 in VAT was paid during the year. This amount is still to be recovered from HMRC. The Council received a VAT refund of 2,093.31 for year ending 31/03/16.

9. Earmarked Funds* 9.1. The next Parish Council elections will be held in May 2019. Therefore, 100 a year will be allocated towards election expenses. 9.2. The Council are allocating 200 a year over 3 years towards the cost of replacing the Clerk s laptop. 200 was allocated in 2016-17, with 200 to be added in 2017-18 and the final 200 to be added in 2018-19. 9.3. 2,000 has been allocated from financial year 2016-17 towards improving the lighting and safety on the lane leading to the village hall. 9.4. 500 has been allocated towards playground equipment reserve. This is to maintain/repair existing equipment or to put towards the cost of new equipment. The funds are earmarked from the 2017-2018 budget: 9.5. Finally, it was thought prudent to allocate 2,000 for General Reserves. These reserves can be used to smooth the impact of uneven cash flows, offset the budget requirement if necessary or can be held in case of unexpected events or emergencies. *Earmarked funds will be transferred to the Capital Reserve Account. 10. Balances held Total balance held and carried forward to 01 st April 2017 is 2,905.91. 11. Assets Held At 31st March 2017 the following assets with a total value of 58,390.88 were held. Walcote Playing Field On the site of the old School off Franks Road, Walcote, purchased for 100 in April 1996 from Leicestershire County Council for recreational use. Children's Playground Chapel Lane, Walcote. The site was purchased from the District Council in 1984 for the sum of 2000 for recreational use. South Kilworth Road Field The Parish Council took ownership of the land from Harborough District Council on 25 th May 2016. Sports equipment A pair of 5-a-side goalposts and a basketball post at Frank s Road playing field with an insured value of 1093. Playground Equipment Playground equipment installed at Chapel Lane, Walcote in March 2011 and skateboard ramp installed at Franks Road playing field in 2009 with a total insured value of 48115 Laptop and software A laptop and software with a replacement value of 600 was purchased in 2009

Printer A printer was purchased in 2012 with a replacement value of 174 Shredder A shredder was purchased in May 2014 with a replacement value of 56.69 Telephone Kiosk A telephone kiosk was adopted from British Telecom in May 2014 to house the Automated External Defibrillator (AED). This has been insured at a value of 2,000 Automated External Defibrillator & Cabinet An AED and stainless steel cabinet was purchased in June 2014 with a replacement value of 2,020 Laptop and mouse A HP laptop and mouse was purchased in September 2014 with a replacement value of 440.48. Notice board 512 A notice board for Parish Council correspondence and notices was purchased in November 2013. Dog waste bins 247.95 Two dog waste bins were purchased in November 2013 at a cost of 137.75 each. Litter Bins 514.21 Two Strangford litter bins were purchased at a cost of 174.25 each in January 2015. One litter bin at a cost of 165.71 was purchased in March 2016. Entrance Signs Chapel Lane Play Area & Franks Lane Playing Field Two park and playing field entrance signs were purchased in March 2015 at a cost of 490. Signed: Date: C. Walsh, Responsible Financial Officer and Clerk to the Parish Council