| Reconciliation | 2022-2023 | |||||
|---|---|---|---|---|---|---|
| in(= sum of 1 to 4) | current account | total | ||||
| 1 | balance 01.04.22 | £ | - |
£ | - |
|
| 2 | transfers in | £ | 61,446.09 |
£ | 61,446.09 |
|
| 3 | receipts | £ | 19,728.20 |
£ | 19,728.20 |
|
| 4 | grants | £ | - |
£ | - |
|
| 5 | total | £ | 81,174.29 |
£ | 81,174.29 |
|
| out | (=sum of 6 to 12) | |||||
| 6 | VAT | £ | 76.89 |
£ | 76.89 |
|
| 7 | maintenance | £ | 7,408.00 |
£ | 7,408.00 |
|
| 8 | admin | £ | 1,404.43 |
£ | 1,404.43 |
|
| 9 | grants made | £ | - |
£ | - |
|
| 10 | tbc | £ | - |
£ | - |
|
| 11 | Petty Cash | £ | - |
£ | - |
|
| 12 | Square Charges | £ | 202.75 |
£ | 202.75 |
|
| 13 | total | £ | 9,092.07 |
£ | 9,092.07 |
|
| overalls | ||||||
| 14 | uncleared payments | £ | - |
£ | - |
|
| **15 ** | outcome (= 5 minus 13 plus 14) |
£ | 72,082.22 |
£ | 72,082.22 |
|
| 16 | bank balance 31.03.23 | £ | 72,082.22 |
£ | 72,082.22 |
|
| 17 | difference | £ | - |
£ | - |
Northam Burrows Charity Current Account
----- Start of picture text -----
2023
Notes
Description Total Budget Variance n.b. figures in red in the 'Variance' column (to the left) are are negatives (costs to the
21Oct22 budget).
to date
Manor Passes 29,960.00 30,000.00 - 40.00 All 1,500 Manor Passes sold (2 Manor Pass purchase transactions did not complete correctly).
Car Reg Changes 315.00 - 315.00 63 changes of registration (to date).
Grazing 304.08 205.00 99.08 1 grazier overpaid, refund give (see below).
Transfers in 67,438.76 67,438.76 - All from NTC accounts
Grants in - - -
Admin charges 44.00 - 44.00 Charges made to Manor Pass purchasers who's cheques are returned unpaid.
SQUARE charges 268.13 - - 268.13 1.75% for each contactless, chip and PIN or swiped card transaction.
2.5% for payments manually keyed-in to the Square Point of Sale app, Square Invoices and Virtual Terminal.
Total in 97,793.71 97,643.76 149.95
VAT 95.89 - - Details on reclaiming VAT are to be confirmed.
Maintenance 7,408.00 7,408.00 - Contribution to TDC for bridges & Waymarked Trails
Admininstration 1,499.43 - - 1,499.43 Stamps, stationery etc.
Grants paid - - - Fund available to be confirmed.
Refunds given 101.60 - - 101.60 To a grazier (see above).
Petty Cash 50.00 - - 50.00 £27.50 on hand, £22.50 refunded to custmers who's Pass envelopes were not correctly stamped.
Transfer to - - -
Deposit account in process of being set up.
Deposit
Total out 9,154.92 7,408.00 - 1,651.03
Current
Account £ 88,638.79
Balance
Income
Expenditure
----- End of picture text -----
Northam Burrows Charitable Trust
Charity number 1198021
Accounts for the year ended 31st March 2023
Trustees: Northam Town Council Address: Council Offices Windmill Lane Northam Bideford EX39 1BY
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Governing Document
Charitable scheme dated 1st July 2021
Objectives of the Trust
(1) The object of the Charity is to manage and preserve for the benefit of the inhabitants of the Ancient Manor of Northam the rights of common held by the inhabitants in relation to the common land known as Northam Burrows in Devon such land being more particularly described in the schedule.
(2) If and in so far as the income of the Charity cannot be applied towards this the object specified in Sub-clause (1) above, the Trustee may apply it for the General Benefit of the inhabitants of the wards of Northam, Westward Ho! and Appledore in Devon in such charitable ways as the Trustee thinks fit.
Summary of the main activities of the charity during the year
The income of the Trust for the year amounted to £81,174 . Most of the income received was due to a grant received from the Trustee, Northam Town Council.
The expenditure for the year amounted to £9,092 . Most of this cost related to maintenance costs of bridges and trails.
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Northam Burrows Charitable Trust Accounts for the year ended 31st March 2023
Income and Expenditure account: General Fund
| Income Expenditure Accounts for the year ended 31st March 2023 Balance Sheet Grant from Northam Town Council Manor Pass Sales Manor Pass Reg Changes Grazing Total receipts Maintenance Office stationery SQUARE charges Total payments Net receipts/(payments) for the year Creditor Total Liabilities Debtors Co-Operative Bank Total Assets Net Assets / Liabilities Reserves |
2023 2022 £ £ 2023 2022 £ £ 72,082.22 - 72,082.22 - 61,446.09 - 19,520.00 - 5.00 - 203.20 - 81,174.29 - 7,408.00 - 1,481.32 - 202.75 - 9,092.07 - 72,082.22 - - - - - - - 72,082.22 - 72,082.22 - |
|---|---|
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Report to the trustees of Northam Burrows Charitable Trust on the accounts for the year ended 31st March 2023
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31st March 2023.
As the charity trustees of the Trust, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:
-accounting records were not kept in accordance with section 130 of the Act or
-the accounts do not accord with the accounting records
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Signed:
Kevin Rose ACMA
Date 27th March 2024
IAC Audit and Consultancy Ltd 23 Westbury Road Yarnbrook Wiltshire BA14 6AG
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