## **Northam Burrows Charity Current Account** First financial report to the Charity Commission needs to be submitted by 31 Jan 2025. **----- Start of picture text -----**
2023- Notes
Description Total Budget Variance
24 n.b. figures in red in the 'Variance' column (to the left) are negatives (costs to the budget).
Manor Passes 40,000.00 30,000.00 10,000.00 the end of year 2022-23 and start of 2023-24 are within financial year 2023-24.
Car Reg 379.63 - 379.63 75 changes of registration.
Changes
-
Grazing 1,335.18 1,335.18 1 grazier overpaid, refund given (see below).
Transfers in 5,992.67 5,992.67 - Final transfer from NTC accounts
Grants in - - -
Admin charges 44.00 - 44.00 Charges made to Manor Pass purchasers who's cheques are returned unpaid.
1.75% for each contactless, chip and PIN or swiped card transaction.
SQUARE 500.52 - - 2.5% for payments manually keyed-in to the Square Point of Sale app, Square Invoices and Virtual
charges
Terminal payments.
Total in 47,250.96 35,992.67 11,758.81
VAT 34.80 - -
Maintenance - - -
Administration 11,723.11 12,000.00 276.89 Stamps, stationery etc. Includes a charge of £9,774.72 for administration costs from NTC.
Grants paid - - - Fund available to be confirmed.
Refunds given 121.60 - - 121.60 To a grazier (see above).
Petty Cash 100.00 100.00 - £27.50 on hand, £22.50 refunded to customers who's Pass envelopes were not correctly stamped.
Transfer to
- - -
Deposit account to be considered.
Deposit
Total out 11,979.51 12,100.00 155.29
Carried forward £ 72,082.22
Current Account
£ 107,353.67
Balance
Income
Expenditure
**----- End of picture text -----**
**22.01.25 ITEM 1** ||||||| |---|---|---|---|---|---| |**Northam Burrows Charity Current Account**|||||First financial report to the Charity Commission needs to be submitted by 31 Jan 2025.| |**2023**
**24**|**-**
**Description**|**Total**|**Budget**|**Variance**|**Notes**
n.b. figures in red in the 'Variance' column (to the left) are negatives (costs to the budget).| |**Income**|**Manor Passes**|**40,000.00**|30,000.00|**10,000.00**|the end of year 2022-23 and start of 2023-24 are within financial year 2023-24.| ||**Car Reg**
**Changes**|**379.63**|-|**379.63**|75 changes of registration.| ||**Grazing**|**1,335.18**|-|**1,335.18**|1 grazier overpaid, refund given (see below).| ||**Transfers in**|**5,992.67**|5,992.67|**-**|Final transfer 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**|**500.52**|-|**-**|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 payments.| ||**Total in**|**47,250.96**|35,992.67|**11,758.81**|| ||**VAT**|**34.80**|-|**-**|| |**Expenditure**|**Maintenance**|**-**|-|**-**|| ||**Administration**|**11,723.11**|12,000.00|**276.89**|Stamps, stationery etc. Includes a charge of £9,774.72 for administration costs from NTC.| ||**Grants paid**|**-**|-|**-**|Fund available to be confirmed.| ||**Refunds given**|**121.60**|-|**121.60**
**-**|To a grazier (see above).| ||**Petty Cash**|**100.00**|100.00|**-**|£27.50 on hand, £22.50 refunded to customers who's Pass envelopes were not correctly
stamped.| ||**Transfer to**
**Deposit**|**-**|-|**-**|
Deposit account to be considered.| ||**Total out**|**11,979.51**|12,100.00|**155.29**|| |**Carried forward**||**72,082.22**
**£**|||| |**Current Account**
**Balance**||**107,353.67**
**£**
|||| **22.01.25 ITEM 1** **----- Start of picture text -----**
CASHBOOK 2023-24 Name: Northam Burrows Petty Cash
Details Income Expenditure Balance
Petty Cash
Carry
Date Transaction Description Ref Code Withdrawa Total in VAT Refund to customer tbc tbc Total out £ -
forward
l
01.04.23 0 Carried forward Cash - 27.50 27.50 0.00 27.50
21.3.24 1 Refund for missed postage Cash PC23-24.1 0.00 0.00 5.00 5.00 22.50
Refund for pass issued in error (2
26.03.24 2 Cash PC23-24.2 0.00 0.00 20.00 20.00 2.50
to one household)
27.03.24 3 Cah withdrawal Cash PCR23-24.3 50.00 50.00 0.00 52.50
28.03.24 4 Refund for missed postage Cash PC23-24.4 0.00 5.00 5.00 47.50
28.03.24 5 Refund for missed postage Cash PC23-24.5 0.00 5.00 5.00 42.50
30.03.24 6 Refund for missed postage Cash PC23-24.6 0.00 5.00 5.00 37.50
Number of
transaction 7 TOTALS 50.00 77.50 - 40.00 - - 40.00 37.50
s
budgetted figures (12 month) - - - - - -
variance (to date) 50.00 50.00 - - 40.00 - -
Variance £ - 37.50
**----- End of picture text -----**
**22.01.25 ITEM 1** **----- Start of picture text -----**
Reconciliation 2023-2024
in (= sum of 1 to 4) current total
1 balance 01.04.23 £ 72,082.22 £ 72,082.22
2 transfers in £ 5,992.67 £ 5,992.67
3 receipts £ 41,758.81 £ 41,758.81
4 grants £ - £ -
5 total £ 119,833.70 £ 119,833.70
out (=sum of 6 to 12)
6 VAT £ 34.80 £ 34.80
7 maintenance £ - £ -
8 admin £ 11,723.11 £ 11,723.11
9 grants made £ - £ -
10 Refunds given £ 121.60 £ 121.60
11 Petty Cash £ 100.00 £ 100.00
12 Square Charges £ 500.52 £ 500.52
13 total £ 12,480.03 £ 12,480.03
overalls
14 uncleared payments £ - £ -
outcome
15 £ 107,353.67 £ 107,353.67
(= 5 minus 13 plus 14)
16 bank balance 31.03.24 £ 107,353.67 £ 107,353.67
17 difference £ - £ -
**----- End of picture text -----**
## Northam Burrows Charitable Trust Charity number 1198021 ## Accounts for the year ended 31st March 2024 Trustees: Northam Town Council Address: Council Offices Windmill Lane Northam Bideford EX39 1BY 1 ## 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 £47,751.48 a decrease of £33,422.81. This was due to a decrease in grant income from Northam Town Council, offset by a increase in Manor Pass sales. The expenditure of the Trust for the year amounted to £12,442.53 an increase of £3,350.46. This was due to an increase in adminstration cost recharged from Northam Town Council, offsetting a reduction in maintenance expenses. 2 ## Northam Burrows Charitable Trust Accounts for the year ended 31st March 2024 Income and Expenditure account: General Fund |Income and Expenditure account: General Fund|||| |---|---|---|---| |Income
Expenditure
Accounts for the year ended 31st March 2024
Balance Sheet
Grant from Northam Town Council
Manor Pass Sales
Manor Pass Reg Changes
Grazing
Admin charges
Total receipts
Maintenance
Administration recharge Northam Town Council
Office stationery
SQUARE charges
Refunds
Total payments
Net receipts/(payments) for the year
Creditor
Total Liabilities
Debtors
Bank balance Co-Operative Bank
Cash in hand
Total Assets
Net Assets / Liabilities
Reserves|2024
£
2024
£
107,391.17
107,391.17
5,992.67
40,000.00
379.63
1,335.18
44.00
47,751.48
-
9,774.72
1,983.19
500.52
184.10
12,442.53
35,308.95
-
-
-
107,353.67
37.50
107,391.17|2023
£
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|7,408.00
-
1,481.32
202.75
-
9,092.07| |||2023
£

-
-
-
72,082.22
-
72,082.22|| |||72,082.22
|| |||72,082.22|| 3 ## Report to the trustees of Northam Burrows Charitable Trust on the accounts for the year ended 31st March 2024 I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31st March 2024. 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 20th January 2025 IAC Audit and Consultancy Ltd 23 Westbury Road Yarnbrook Wiltshire BA14 6AG 4