AXBRIDGE TOWN TRUST
ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2023

AXBRIDGE TOWN TRUST
ACC
FOR THE YEAR ENDED 31 DECEMBER 2023
INDEX
Irhjependent asses50rs rewrt
Town Hall margin
Surplus and Deficit
Balance sheet
Notes to the Balance Sheet
AA>+ T4ts

AXBRI
WN TRUST
ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2023
This report is made solely to the board members of Axbridge Town
Trust. I have reviewed the accounts, supporting papers. infonnation
and explanations, as presented to me and can venfy that they
represent a true and accJJr*e position of the income and
expenditure for the year.
l¢-TJLY knzt
Signed
J>i.

AXBRIDGE TOWN TRUST
TOWN HALL MARGIN
YEAR ENDED 31 DECEMBER 2023
2023
2022
Income
00
¢r Income
onations
ure
eat an
ater
ana
ana
eane
eanin
swa
es
one
es
ries
no
-147
swa
ufl
In
rinve
air5
ment
omiin
essiona
rènt r
emon
esbn
ro
ees
nds
un
-14,
Grogs Ma
1,826
-1.741
T•th Twf

AXBRIDGE T
WN TRUST
SURPLUS & DEFicrr ACCOUNT
YEAR ENDED 31 DECEMBER 2023
2022
ncome
margin
ve
am
ie
rent
own square rèn
air rent
ge
Icen¢es
useum
ran
receiv
Planter Grant
300
5.460
300
1.820
5.760
Su
tota
.120
or incorne
correction
sundries
donations
rans
rs
nteres
receive
ona
ons In
urp
100
731
300
us
re
nsuran
an
ng
5 wages
enance
epairs
mproveme
e main
enance
essiona
ees
eTS
ain
own
roiects
ro
un
ries
c expe
(93811
-15.158
Su
lus
18,032
297.15

AXBRIDGE TOWN TR
BALANCE SHEEr
YEAR ENDED 31 DECEMBER
2023
2022
Bank BIF
Net In￿me
58.892
18.032
66,337
-7.523
Bank BIF
77.023
58.814
Surplus for year
18,032
-7,523

YEAR ENDED 31 DECEMBER 2023
140ts 1
TRUST INCOME
ISO club- £3,750 transferrgj to Trust alc in Feb 2￿3 lo refl&X ￿)22 surplus.
The Club prcwJuced an In￿Me 01 £2.4c￿ for 2023 yeaf and tran5ferr8J in Dec.
Town Councll Grant- Due to a deLqy in Coun￿1 meeting agreement. the
sums paid in 2023 2022 H2 2023 H1 & H2 grant pay7nents.
Note 3 TRUST EXPENDITURE
Town Hall-A new water h&*r was installed to remve the ne&J for ketue use
(helpful for heatth & safety of hirers) £502
Town Hall Ga5 and Electric costs- The Trust continue to monilor wportunities
lo minimise both electricty and gas Supp￿ costs. New ¢ontr&t schedul&J for MaylJune 24
Artefacts Project- the historic maces have been on display in the museum throughout the season.
With bank 1fite￿t rates being attr&tNe for saved funds. the Trust has moved £44,7DJ to
the account held w5th COIF lo benefit frun the interest in¢Lvn8 available.
N¢)te 2
Note 4