COLYTON CHAMBER OF FEOFFEES
REPORT ON THE ACCOUNTS FOR THE YEAR TO 31[ST] DECEMBER 2021
(1)THE OVERALL POSITION
(a)Income for the Year
Total Income increased from £76,842 to £87,507, an increase of £10,665 or just under 14%. The largest element of this was an increase of £9,526 or 13% on Grants from East Devon District Council.
(b)Expenditure for the Year
Total spending for the Year increased from £64,048 to £93,493, an increase of £29,445 or 46%. This increase included £4,212 for the development of the Feoffees website and further IT Developments. The figure also included an increase of £4,437 for donations to Colyton Grammar School, Colyton Primary Academy, Hardship Relief and for a contribution to the Christmas Lights for Colyton. The opportunity was also taken to increase the value of investments by £25,000. Professional and Admin costs were reduced also by just over £8,400. In addition, provision was made for additional heating and lighting costs at St. John Hall by £3,437.
(c)Final Account Balances at 31[st] December 2021 The final Position at 31[st] December was as follows:
£
Lloyds Bank Account 42,635
COIF Investment Fund 663,829
COIF Property Fund 10,472
COIF Deposit Account 9,988
Outstanding Loans Owed to the Feoffees 16,700
TOTAL ASSETS
743,624 Current Liabilities NIL
Net Assets at 31.12 2021 743,624
COLYTON CHAMBER OF FEOFFEES
BALANCE SHEET AS AT 31 DECEMBER 2021
DEC 2020
PROPERTY
Town Hall Town Hall Cottage Coombe Cottage St John Building The Folletts
Spragues Field Ridgeway Field Ridgeway Garden Plot Slade
CURRENT ASSETS
| Lloyds Bank Account COIF Investment Fund COIF Property Fund COIF Deposit Account Outstanding Loans CURRENT LIABILTIES NET ASSETS |
36221 536442 9170 9988 29100 |
|---|---|
| 620921 | |
| 0 | |
| 620921 |
REPRESENTED BY:
| Balance at 31 December 2019 Changes in Valuation of Investments Excess of Income over Expenditure |
552365 55762 12794 |
|---|---|
| 620921 |
DEC
2021
42635 663829 10472 9988 16700 743624 0 743624
620921 128689 (5986) 743624
COLYTON CHAMBER OF FEOFFEES
INCOME & EXPENDITURE ACCOUNT
FOR THE year ENDED 31DECEMBER 2021
| INCOME Town Hall Hire Property Rental Investment Interest The Folletts Sale of Feofees Books Investment Transfers Ref Charges EDDC Grant Banquet 60+ EXPENDITURE Caretakers Wages Donations Town Hall Capital Town Hall Maintenance Town Hall Services St John's Building Other Property Costs Licences & Adverts Professional & Admin Insurance Sundries Investment Transfers Website SURPLUS/(DEFICIT) FOR THE YEAR |
NOTES 1 2 3 4 5 6 7 8 9 10 11 12 |
DEC 2020 2523 21453 15158 15000 - - - 22668 40 76842 9142 2393 2783 2446 5499 - 181 380 11013 4747 464 25000 - 64048 12794 |
DEC 2020 2523 21453 15158 15000 - - - 22668 40 76842 9142 2393 2783 2446 5499 - 181 380 11013 4747 464 25000 - 64048 12794 |
|---|---|---|---|
| 9142 2393 2783 2446 5499 - 181 380 11013 4747 464 25000 - |
|||
| 12794 |
DEC 2021
2234 21735 16337 15000 7 - - 32194 -
87507
9395 6830 1008 2060 8096 3437 395 342 2597 5035 86 50000 4212 93493 (5986)
COLYTON CHAMBER OF FEOFFEES
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2021
| 1PROPERTY RENTAL Town Hall Cottage Coombe Cottage Other Rental Ridgeway 2INVESMENT INTEREST COIF Investment Fund COIF Property Fund COIF Deposit Account |
INCOME SUMMARY | DEC 2020 6732 8510 5803 408 |
|
|---|---|---|---|
| 21453 | |||
| 14672 460 26 |
|||
| 15158 |
DEC 2021
6920 8221 6594 - 21735
15886 450 1 16337
COLYTON CHAMBER OF FEOFFEES
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2021
PAYMENTS SUMMARY
| 3DONATIONS Promote Colyton Group Hardship Donation COVID Volunteer leafets Primary School Learning Materials Advent Window Competition Maia Jenkins Colyton Grammar School Christmas Lights Colyton Primary School Colyton Library 4TOWN HALL CAPITAL Catering Equipment Climax Windows Kitchen Fitments Brass Plaque 5TOWN HALL MAINTENANCE Fire Extinguisher Check Stuart Morgan - Gas Check Kitchen Filter Fire Extinguisher Contract Abbotts - Sundries A & D Supplies - Toiletries Rear Door Board Room Door Water Heater Repair Boiler Repair/ Sevices Roof Leaks Gents Toilet Side Gate Keys Amplifer Window Cleaner |
DEC 2020 500 250 165 398 250 - - 700 130 - |
|
|---|---|---|
| 2393 | ||
| 216 - 1527 1040 |
||
| 2783 | ||
| 53 134 297 86 134 691 - 179 54 168 166 153 - 241 90 |
2446
| NOTES- CONTINUED 6TOWN HALL SERVICES Electricity Gas Water Wif 7ST JOHN'S BUILDING Gas Electric Cleaner 8OTHER PROPERTY COSTS Town Hall Cottage - Gas Check Window Repair Plumbing St John's Fire Extinguisher Check 9LICENCES & ADVERTISING CC of D Annual Subs PRS Licence EDDC - Premises Licence 10PROFESSIONAL & ADMIN Bailif Stationery - etc Website Beviss & Beckingsale Ridgeway Disbursement Land Registry - Beviss & Beckingsale |
DEC 2020 1739 1638 1514 608 |
|
|---|---|---|
| 5499 | ||
| - - - |
||
| - | ||
| 130 - - 51 |
||
| 181 | ||
| 50 150 180 |
||
| 380 | ||
| 2000 455 50 3241 80 |
Barrett Corp Insurance Assessment 819 Mubu Dev EICR TH cottage 4368 J McLennan - 11013
| NOTES- CONTINUED 11SUNDRIES Carnival Advert RBL - Wreath Feofees Leafets R & H Signs - Banner Christmas Tree Town Crier - subscription Bank correction payment Fire Extinguisher check - Playing Field Pavilion Key cut Bank Charges 12WEBSITE Cosmic Website Provider 13BANQUET & 60+ Banquet Income Guests Less Refunds Banquets Expenses Steves Print Candlesticks Flowers Sundries Damon Ralph Caterers |
NOTES- CONTINUED | 3718 (26) 128 16 132 32 3344 |
DEC 2020 - 50 65 97 40 50 140 17 5 - |
|
|---|---|---|---|---|
| 464 | ||||
| - | ||||
| 3692 3652 |
Net Banquet Surplus/(Deficit)
40
60+
| 60+ | |
|---|---|
| Flowers Catering Costs Net Defcit/Surplus on Banquet & 60+ |
- - |
| - 40 |
DEC 2021
-
2150 - - - 250 750 700 2730 250 6830
-
70 32 -
120
2060
DEC 2021
582 4927 1944 643 8096
741 2676 20 3437
- 96 299 - 395
50 112 180 342
2000 376 87 34 -
-
- 100 2597
DEC 2021
-
19 - - - - - - - 67 86 4212 4212
-
CHARITY COMMISSION FOR ENGLAND AND WAIES Independent examiner's report on the accounts SKtton A Ind•pend•nt ExamIne Report R•port to tho truste•sl members ol On accounts for the year ended "jI- 11- 202 1 Charlly no lif any III"1081 S•t out on pges l port lo the Iruslees on my examination of the accoun1$ of the above than¢y1lhe Trust") for tho year ended 41 , I..r ZOLI R•sponsibilitl•$ and As the chanty trustees of the Trust, you are responsible for the preparation basi• of r•p¢rt of the aeeounls in accordance wrth the fequiremenls of thè Charities Act 20111.lhe Acl'l I report in respect ol my examination of Trust's alunt$ carried out under section 145 01 Ihe 2011 Act and in carrying out my examination, I have lollowtsd lh¢ applicable Direclions given by the Charity Commission under sedion 14515llbl of the Aci. I have completed my examination. I confimi that no material matters have come lo my attention lolhef than that disdosed below ') in connection with the examination which gives me cause lo believ& that in. any material respect.. accounb'ng records wefe nol kept in accordan wilh section 130 01 the Act or lh• accounis do not accord wlh the accounting records Indopendont examinerfs 8tatement I have no concems and have come au0$$ no other matters in connection Ih Ihe examination lo which attention should be drawn in order lo enable proper understanding of the accounts to be reached. ' Ple8se delele the words in the br8ckels ifihey do nol 8ppIy. Slgn•d: Date: 11413c)2 J Nam•.' LJhJTrJi u£ s Rel•vant proles$lonal quallficatlonls) or body lif any).. Addrejjs: S CLL i)LIIONI CJL"ITV IER Octobar 2018