COLYTON CHAMBER OF FEOFFEES
REPORT ON THE ACCOUNTS FOR THE YEAR TO 31[ST] DECEMBER 2022
(1) THE OVERALL POSITION
- (a) Income for the Year
Total Income decreased from £87,507 to £64269, a decrease of £23,235 or just under 26%. The cause of this was no EDDC grants being received during the year.
- (b) Expenditure for the Year
Total spending for the Year increased from £43,493 to to £48830, an increase of £5,337 or 12%. This increase included £1,717 for Jubilee celebra�ons and further IT Developments. The figure also included an increase of £5,537 for dona�ons to Colyton Grammar School, Colyton Primary Academy, Hardship Relief and for a contribu�on to the Christmas Lights for Colyton among some of the recipients.
(c) Final Account Balances at 31[st] December 2022
[st] December was as follows:
£ Lloyds Bank Account 38,173 COIF Investment Fund 604143 COIF Property Fund 9128 COIF Deposit Account 9,988 Outstanding Loans Owed to the Feoffees 11,600 TOTAL ASSETS 673032 Current Liabili�es NIL Net Assets at 31.12 2022 673032
Profit and Loss Colyton Chamber of Feoffees For the year ended 31 December 2022 2022 Turnover Banquet Sales Book Sales 1,842.50 108.6D C Hammett Reni 1,072.50 Colyton Parish Council Rent Coombecottage Rent Fishing Rights Investment IncoTne 1,500.00 7,955.49 120.00 18,418.96 other Revenue 50.10 Rents Dea 195.00 Shop Rent 15,000.00 Sladesclose Rent 573.00 StJohnsGarage Rent Town H311 Cotrage Town Hall Hire 2,.00 7,809.60 7,187.00 wayleave 36.52 Total Turnover 64,269.27 Gross Profit 64,269.27 Administrative Costs Advertising& Marketing Audit &Accountancyfees Bailiff HonorariuTn 20.00 180.00 2,000.00 Bank Fees 177.20 Book Costs 720.00 Cataker88es Cleaning Donation5 10,555.04 2,150.69 11,ITI.75 Grosvenor Donation 1,200.00 Insurance 5.487.04 1,717.62 Legal Expenses Light, Power, Heating Printing& Stationery Profession31 Fees 333.34 6,139.00 T.7$ 1.940.00 ProfitlL055On Inve5tTnent5 86,030.09 Rep3irs& Nlaintenance Subscriptions Telephone & Intemèt TotalAdministrativeCosts 3,455.67 30.00 837.68 134,860.87 Profitand Loss Colytonchamberol Feoffees 28Oct2024 Page i of2
Profitand L05S 2022 Operating Profit 170,591.601 Profit on Ordinary Activities Before Taxation 170.591.601 Profit afterTaxation 170,591.601 Profitand Loss Colytonchamberol Feoffees 28Oct2024 Page2of2
CH,qRITY (ofAMISSIOP Independent examiner's report on the accounts ,'IN:D IAI.AI I Section A Independent Exsminer's Report Report to the trustee51 membeis of CUL TCJ LAtim6LC 4LIKFLL On accounts for the year ended .11 . I l - Z£.ZL Charity no Set out on pages I r?rJDrl lo Ilip Iri.i%tppS 011 n7y •X8niinèlion of th endFd 3 I It IOIL Re5ponsib?lities and ba515 of roport 148 Ihe ihaiily Iruslees of the Trust. yoii are re8L)c)nsible for Ilie prpaialion o! Ilie 41.'o3unls In acco,"danco wilh liie requir.mpnls of the Chantipg Act 2a111.the Act"! I report In [speCt ol tTiy examination ol the Trust * accoLinl8 carried out undei settiioii 145 Cf the 2011 A-I all¢1 in rrying 011 my exaniinralion I have lullnwed the appli¥3b!e Directions given by the Cl)arily Coirniission Indepcnd¢nt examinèr's tat¢ment I have LWfriplet-.d &xaiiiins11011 l Loiifiriv that no matrlr)I maltprs havg tonip lo my atl&niion lolhèf fhan Ilial disclosed béloiv ') In connection bvilh l.'ie exaniin8tinn vihich qives rne cause lu believL) that in. any nialeTral respeei accounlinq records w@re not kept In aCEordancè willi section 130 of the Act or Ihp dc£ourils do tEOt accord with the accounting records I liove no LOnErS and b.3ve eome acros no olher InEllers In conneLliuiTr with the examinaliDn Io'Nhich utlenlioTr shoiild be Iii trrdei ILJ LJiiable a piopei ui)dFslai)dino of Ine ac£ounls lo be reached Please (leiele Ihe words In the brcicliet5 if Ih&y clo not apply Signed." Date. 1¥-Iy-.. Name.. Relevant professional qualificationl51 Of body lif any)". FL.C.fl Address-. CLCSL CLILq TCfyJ Se¢tion 8 Disolosure OiTrly r,nTriplelg if the exaniiiigr needs lo hiylil',ghl mallers of ¢OiiLEln Isee CC.32. Inoependent ex8iniiiation of oha15ty 8Lknouiils. cliieclions #nd guidarice IDr extriminer51. Give hert biief dot8ils of any tern$ that the examiner wishes to dis¢lose.
IER October 2018