Old Accounts

Well I never, information received about the old accounts, which make interesting reading.  Some people want to take a hard look and remember times were hard.  If you were the clerk, you didn't get a pay rise then and if you did, it had to be deferred.  How different now, with a balance brought forward of £19,139.74! 

MISTERTON PARISH COUNCIL                   RECEIPTS & PAYMENTS SUMMARY 2007-08                   Balance brought forward 01/04/07       19,139.74               Add total receipts       85,580.61   Less Haxey Gate income     -147.75 85,432.86               Less total payments       -84,565.13   Add Haxey Gate expenditure     124.78 -84,440.35 Balance carrief forward 31/03/08       20,132.25                             These cumulative funds are represented by:                       Reserve A/C     9,756.36     Less closing balance on Haxey Gate Account -157.98 9,598.38   Current A/C       50.00   Poors Fund (Capital)       90.00   Poors Fund A/C       70.82   National Savings A/C       13,797.71   TMC Petty Cash Imprest     50.00   Groundsman's Petty Cash Imprest     30.00             23,686.91   Less Unpresented Cheques     -3,554.66             20,132.25               Note: With effect from 2006-07, figures for trusts where the Council is sole   trustee are excluded from Section 1 of the Annual Return.  The Council is sole trustee of the Haxey Gate Endowment, which does not have a separate bank account.  The working balance both at the start of the year and the end of the year, together with income and expenditure during the year, have been removed from the above account for accounting purposes.  The capital invested with the COIF has also been removed for the same reason.                     The Council is also sole trustee of Misterton Community Trust, which, at the end of March, 2008 had cash assets of only £200, from the sale of a snooker table. The Council spent £6,697.74 on trust assets in 2007-08, which, for accounting purposes, is treated as a donation to the Trust.  The Trust's only assets are the Victoria Institute and the Village Hall.                       The Poors Fund is not affected as three individual councillors are trustees.                               Signed......................................................... Chairman                     Signed......................................................... Clerk to the Council                   Dated 13th May, 2008