Gorsley & Kilcot Parish Council – Receipts & Payments Summary – Year ended 31st March 2017
Balance b/f 01/04/16: 8265.55
Balance C/F 30/03/2017: 7578.79 of which
£1327.54 is earmarked for Election Expenses
£1109.94 is earmarked for Clerk’s Redundancy Fund
£1174.85 is earmarked for Clerk’s Gratuity Fund
£ 595.00 is earmarked for Community Projects
£ 288.54 is earmarked for Transparency Fund Expenditure
Represented by Co-operative bank balance of £7578.79
Chairman Responsible Financial Officer
Gorsley & Kilcot Parish Council – Notes to the Accounts –Year Ended 31st March 2017
At 31st March 2017 the following assets were held: Value
Bus Shelter 1,400.00
Notice board x 3 plus Parish Map 1,170.00
Laptop, Printer and Memory Stick 386.00
Picnic Tables and Benches x3 779.00
Single Benches x2 202.00
Information Board on Kilcot Green 2,057.00
The basis of valuation is cost value
Common Land transferred from Newent Town Council
Kilcot Green Nominal Value £1
At the close of business on 31st March 2017, there were no loans to the Council outstanding.
MONIES DUE TO THE PARISH COUNCIL AT THE YEAR END (DEBTORS):
£500 – Grant from Forest of Dean District Council
£293.14 - VAT
MONIES OWING BY THE PARISH COUNCIL AT THE END OF THE YEAR (CREDITORS): Nil
SECTION 137 GRANTS & DONATIONS
The limit for spending under S137 of the Local Government Act 1972 for this council in the year of account was
£ 1728.66 (£ 7.42 per parishioner) and the payment made was £ 1417.97 as analysed in the accounts.
AGENCY WORK: Nil Return.
PENSION CONTRIBUTION: Nil Return.
CAPITAL RESERVES: Nil Return.
LEASES AND TENANCIES: Nil Return
CONTINGENT LIABILITIES: Nil Return.