## **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
Ca￿taker￿88es
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￿ TC*J LAtim6L*C* 4*LIKFLL
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 pr*paialion 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 C*f the 2011 A-I
all¢1 in ￿rrying 01￿1 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
mat*rlr)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 LOn￿Er￿S and b.3ve eome acro*s no olher
InEllers In conneLliuiTr with the examinaliDn Io'Nhich
utlenlioTr shoiild be Iii trrdei ILJ LJiiable a piopei
ui)d*Fslai)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