REGISTERED CHARITY NUMBER.. 217793 REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 FOR THE SCARBOROUGH MUNICIPAL CHARITY Fortus Limited Business Advisors & Accounlanls 5 & 6 Idonor Gorth Manorcourt Scarborough North Yorkshire YOI 13TU
THE SCARBOROUGH MLINICIPAL CHARITY CONTENTS OF THE FINANCIAL STATEMENTS Far The Yeai Ended 31 December 2024 Poge Report of the Trustees Independent Exomlner's Report statement ol Flnanclal Aclfvttles Balance Sheel Notes lo the Flnanclal Slatements 7 10 15 Detalled Statement ol Flnanclal Acllvllle$
THE SCARBOROIIGH MUNICIPAL CHARITY REPORT OF THE TRUSTEES For The Year Ended 31 Decèmber 2024 The trustees present their report with the financial slolemenls of the chorily lor the year ended 31 December 2024. The Iruslees hove odopled the provisions ol Accounting ond Reporting by Charities: Slalemenl ol Recommended Proclice opplicoble to chorilies preporing their accounls in occordonce with the Finonciol Reporting Stonclord opplicoble in the UK and Republic of Ireland IFRS 1021 (effective I January 20191. OBJECTIVES AND ACTIVITIES Oblectlve5 and alms The chority hos the generol oim ol contributing to the quolity of life ol the people of Scorborough by providing good quolity ollordoble occommodotion, grants lor education and training and to a5515t in the purchase ol essential items. The Trust invites applications from individuals who meet the Trust's criteria and detoils of how lo apply can be obtained by contacting the Trusts moin ollice. $1gnlllcanl oclfvllles The principal activity of the charity is the management ond adminislrolion ol chorilies. lor the benefit ol almspeople. poor. oged ond blind residents ol the Borough ol Scorboiough. Benefits include the provision of occommodotion oncl gronts lo ossist in the purch09e ol essential items ond those in need. Pvbllc bene1 The Iruslees consider Ihol they hove complied with their duly to hove due regard lo the guidonce on public benelil pvblishecl by the Chorily Commission in exercising their powe15 and duties, 0$ corn be seen in the activities ond achievements above. FINANCIAL REVIEW Flnon¢lal posllion The Iruslees are of Ihe opinion Ihol the chorily's finonciol position ol the balance Sheet clote is sotisloclory. Significont work wos corried out over the course ol Ihe yeor on the properties. mainly on a new healing system, new fire system and new barrier5. A transfer of £46.298 was made from the cyclicol rnainlenance fund lo cover these costs. Overoll unrestricted reseFve5 increased by £50.880 during 2024. The charily'5 investments incre05ed in value by £169,737 over the year, os markets continued lo recover aller signiliconl drops were reported in 2022. The Iruslees believe Ihol Ihere ore sufficient reserves loi the chorily lo continue ils chariloble octivities lor the lore5eeable future. Prlnclpol lundlng SOUf¢es The chorily ruise5 Ils income from 115 residents ond its investmen15 which allowed the chority to meet ils objectives during the year and to award grants 01 £9.120 in accordance wilh ils objectives. A transfer of £35.460 was olso made lo the extraordinary repoir fund from the general fund. Investment policy and objectives Under the goveming document the charity ha5 the power lo invest in any way the Iruslees wish. The trvstees, hoving regoicl to the liquidity requirement5 01 operoting the homes ond to the re5&rves policy, keep ovoiloble funds in on interesl beoring deposit account, and the inve51ment5 are iegulorfy monitored by the Iruslees. Reserves p¢ll¢y In recent yeors there has been consideroble volotility in the stock market and as a result the trustee5 have odopled a PFudenl policy ol mointoining reserves ot a level lo meet one years running costs and high property mointenance costs. The reserves policy is monitored and reviewecl onnvolly by the Iiuslee5 and they consider thot this level will ensure thot there ore Sufficient fund5 ovoilable to cover 5UPPOrt and govemance cost5. Poge I
THE SCARBOROUGH MUNICIPAL CHARITY REPORT OF THE TRiISTEES For The Yeor Ended 31 December 2024 STRLICTVRE, GOVERNANCE AND MANAGEMENT Govwnlng documenl The Trust 15 on unincorporoted trust, the odminislralion and monagement of which ig in accorclonce with the provision5 01 the scherne opproved by the Charity Commissioners on 9 August 2QK)5 and omended on 19 Morch 2024 and 14 June 2024. RecruNment and appolntmenl ol new Iru5tees The trustees previously included three nominated Iru51ees appointed by Scorborough Borough Council and the Mayor ol Scarborough as an ex-ollicio Iruslee. Following Ihe creolion of the new combined authorily of North Yorkshire Council. nominated tru51ees no longer sil on the board ol Iru5tees. The remaining Iruslees mel on the 14 June 2024 ond agreed that seven Iruslees is sufficient lor the charity lo run ellicienlly. Any lulLJre IrLJslees ore co-opted ond drown largely from the locol business community. When considering co-opting trustees regaid is hod lo the requirement lor any speciolisl 5ki115 needed ond the suilabilily ol all appliconls. Organlsollanal slructure The otloched occounls inclvde the results of oll chorities odminisl&r&d by the trustees ol The Scort)orovgh Municipal Charity. These chorilies consist ol the Almshouse branch and the Relief in Need branch of The Scarborough Municipal Chorily Indu¢tlon und trolnlng of new trustees New Iruslees ore briefed on their legal obligations Ljnder charity low, the conlenl ol the conslilulion. the committee ond decision moking process. the business plon ond the recent finonciol perfomonce ol the chorily. Rlsk managemènt The trustees hove considered the rnojor risks to which the chority is exposecl ond hove reviewed those risks ancl established systems and procedures to monoge those risks. The risk monogement strotegy comprises on onnuol review ol both finoncial ond rnon-linonciol risk5 to the chority. A key element ol monoging financial risk is the selling ol o reseNes policy ond ils regular review by the Iruslees. REFERENCE AND ADMINISTRATIVE DETAILS Reglslered CharY numbèr 217793 Prfnclpal address 126 Falsgrave Road Scarborovgh North Yorkshire Y012 58E TfusI•ès Mr W Cholt (Chairl Mrs J H Jelle150n loppointed 8.8.241 Mr 6 S Pearson (resigned 26.4.241 Mr D Jellels lappoinled 8.8.241 Miss T Pickering Mr M Smith Iresigned 31.7.241 Mrs C Gve5t Ivice Chairl Mrs C Robert50n Cllr. R Maw (resigned 23.4.241 Cllr. Mr S Shomo (resigned 23.4.241 Cllr. Mr E 8roadbent (Ex-officiol (resigned 23.4.241 Poge 2
THE SCARBOROUGH MUNICIPAL CHARITY RepoRT OF THE TRLISTEES For The Yeor Ended 31 December 2024 REFERENCE AND ADMINISTRATIVE DETAILS Independenl Examin•r Ivlr P 8 Dixon ACA Fortus Limiled Business Advisors & Accountonls 5 & 6 Monor Gorth Manor Court Scarborough North Yorkshire YOI 13TU Approved by order of the board of Irusle&s on 24 April 2025 ond signed on its beholl by.. Mr W Chall - Tru51ee Page 3
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE SCARBOROUGH MUNICIPAL CHARITY Independent exomlner's report to the tsustees d The S¢orborough Munl¢lpol Chorlty I report lo the charity Iruslees on my examination ol the accoun15 01 The Scarborough Municipal Chority Ilhe Trust) for the yeor ended 31 December 2024. ResponslblSltles and bas15 of Feport As the charity Iruslees of the Trust you are responsible lor the preporalion ol the account5 in occordonce with the requirements ol the Chorilies Act 2011 I'lhe Acl'l. I report in respect ol my examinolion ol the Trust's accoun15 carried out under Section 145 01 Ihe Act and in corrying out my exominolion I hove followed a51 opplicoble Directions given by the Charity Commission under Section 145151 Ibl ol the Act. Independenl examlnèr's slatemènl I hove completed my exominolion. I confirm Ihal no molerial mallers hove come lo my allenlion ir) connection with the exominotion giving me couse to believe thot in ony moteriol respect.. occounling records were not kept in respect of the Trust os required by Section 130 of the Act., or the occounts do not occord with those recorcls., or the accounts do not comply with the opplicoble requiremenls conceming the form ond conlenl of accounts sel out in the Charities IAccounls and Report51 Regulation$ 2008 other thon ony requirement thot the occounls give a true ond loir view which is not o moller considered as part of on independent exominolion. I hove no concerns ond have come across no other mattets in connection with the exominotion to which ottention shoulcl be clrown in this report in order lo enoble a proper understonding ol the accounts to be reached. Mi P B Dixon ACA Fortus Limited 8usirnes5 Advi50fS & Accountonts 5 & 6 Monor Garth Manor Court Scorborough North Yorkshire YOI 1 3TU 24 April 2025 Page 4
THE SCARBOROUGH MUNICIPAL CHARITY STATEMENT OF FINANCIAL ACTIVITIES For The Year Ended 31 December 2024 2024 Totol fLJnds 2023 Tolol funds Unreglricled funds Restricted fund Endowment fund Notes INCOME AND ENDOWMENTS FROM Charllable actlvltles Scorborough Municipal Chorilies 177.345 177.345 169,422 Investment income 68,957 68,957 61,402 Total 246.302 246,302 230,824 EXPENDITURE ON Charllable ac15vllles Scarborough Municipal Charities 164,853 164.853 l(X),012 Net gains on investments 5,996 139.534 24,207 169,737 323,127 NET INCOME Translers beh¥Èen funds 87,445 136,5651 139,534 35,460 24,207 251.186 453,939 Net movement In fvnds 50.880 174,994 25,312 251,186 453.939 RECONCILIATION OF FUNDS Total funds brought forward 843.917 2.641,065 969.961 4.454.943 4,(Y)l.(K14 TOTAL FUNDS CARRIED FORWARD 894.797 2.816,059 995.273 4.706.129 4.454.943 The notes lom part of these financial slalemenls Page 5
THE SCARBOROUGH MUNICIPAL CHARITY BALANCE SHEET 31 December 2024 2024 2023 Notes FIXED ASSETS Tongiblè 055ets Inveslmenls 10 197,885 3.868.632 197.885 3,663,435 4.066,517 3.861.320 CURRENT ASSETS Debtors Cash at bank and in hand 4.419 718.829 4,287 678,913 723.248 683,2(M) CREDITORS Amounts lolling due within one year 119,3261 NET CURRENT ASSETS 708,629 6.874 TOTAL ASSETS LESS CURRENT LIABILITIES 4,775,146 4.525.194 CREDITORS AmoLJnls lolling due olter more thon one yeor 169,0171 170.2511 NET ASSETS 4,706,129 4.454.943 FUNDS Unreslricted funds Reslricled funds Enclowmenl funds 894.797 2,816.059 995,273 843.917 2.641.065 969.961 TOTAL FUNDS 4.706.129 4.454.943 The linonciol statements were opproved by th& Board ol Trustees ond outhorisecl lor issue on 24 April 2025 and were signed on it5 beholl by: Mr W Chall - Truste8 The notes form part ol these finonciol slalemenls Page 6
THE SCARBOROUGH MUNICIPAL CHARITY NOTES TO THE FINANCIAL STATEMENTS foT The Year Ended 31 December 2024 ACCOUNTING POLICIES Bosls ol preparlng the flnunclal 5tolements The financial slalemenls of the chorily. which is o public benefit enlily Ljnder FRS 102. hove been prepared in occordonce with Ihe Chorilies SORP IFRS 1021 'Accovnling oncj Reporting by Charities-. Statement of Recommended Practice applicable lo charities preparing their accounts in occordance with the Financial Reporting Slondard applicoble in the UK ond Republic ol Ireland IFRS 1021 lelleclive l Jonuory 20151 ond the Chorities Act 2011. The linonciol stolemenls hove been prepared under the hisloricol cost convention Wth the exception of investments which ore included al market value. Flnon¢lol reportlng stondoid 102 redv¢ed dlsclosure exemptlons The chority ha5 token odvontage ol the following disclosure exemplion in preparir)g these financiol 51alemenls, as permilled by FRS 102 'The Finonciol Reporting Stondord opplicoble in the UK and RepLJblic of Ireloncl.: the requirements of Seclion 7 Slalement ol Cash Flows. Income All income is recognised in tho Slalemenl ol Finonciol Aclivilies once the chorily hos enlillemenl lo the ILJncls, il is probable Ihot the income will be received ond the omount con be meosured reliobly. Expendllui• Liobilities ore recognised 0$ expenditvre 0$ soon 05 there 15 0 legal or conslnJctiv& obligotion committing the charity to thot expenditure, It is probable Ihol a Iransler ol economic benefits wil be reqLJired in settlemenl oncl the omounl ol Ihe obligotion con be meosured reliobly. Expenditure is occounted lor on on occruols bosis and hos been clossilied under heading5 thot oggregote oll cost reloted to the cotegory. Where costs cunnot be directly ottributed lo particuloi heodings they hove been allocated lo activitie5 on a ba515 consistent wilh the use ol resources. Gronls offeied gubject lo conditions which hove not been met at the year end dote are notecl 0$ a commitment bul not accrued as expenditure. Tanglblè Ilxed ossets Depreciation is provided ot the following annual rates in order lo write off each asgel over 115 estimoled useful life. Fixlures ond fittings 20% on reducing bolonce The property held by the trust 15 used enliieSy lor direct charitable purposes. The Charity h05 token advantage of FRS102 Iran51tional relief to use a valuation os deemed cost. Toxullon The charity is exempl from lax on ils charitable aclivilies. Fund o¢¢ounllng Unrestricted ndS con be used in occordonce with the choritable objectives ot the discretion ol the tru5tee5. Restricted funds con only be used lor porticulor restricted pvrposeg Wlthin the objects of the chorily. Restrictions arise when gpecified by the donor or when fund5 are raised foi porticulor restricted purposes. Further explonotion ol the nolvre ond purpose ol eoch fund is included in the noles lo the finonciol stolements. Poge 7 continued...
THE SCARBOROUGH MUNICIPAL CHARITY NOTES TO THE FINANCIAL STATEMENTS ¢onllnued For The Veor Ended 31 December 2024 ACCOUNTING POLICIES - conllnued Penslon Costs ond other post-retiremenl benelits The charity operoles a defined contribution pension scheme. Conliibulion5 poyoble to the chorily's pension scheme are charged lo the Slalemenl of Financial Activities in the peTrod to which they relote. INVESTMENT INCOME 2024 2023 Inve51ment income 68,957 61,402 INCOME FROM CHARITABLE ACTIVITIES 2024 2023 Activity Scarborough Municipal Chorilies Residents lees 177,345 169.422 CHARITABLE ACTIVITIES COSTS Gront funding of activities (see note Direct Costs (see nole 51 Support costs Isee note 71 61 Totals Scarborough Municipal Charities 150.453 9.120 5.280 164,853 DIRECT COSTS OF CHARITABLE ACTIVITIES 2024 2023 Stall costs Rotes ond woter Insurance Light and heal Telephone Slotionery, postoge ond odverts Repairs and renewals Gordening Licences ond subscriptions Sundry expenses Warden call Payroll costs Bonk charges Interest payable and similar chorges 30.861 13,65 6.493 9.303 606 1,333 72.996 3.250 984 137 1.503 644 605 8.086 28.364 5.938 12.442 558 932 14,061 3.075 623 1,097 567 586 8.202 150.453 87,882 Poge 8 continued...
THE SCARBOROUGH MUNICIPAL CHARITY NOTES TO THE FINANCIAL STATEMENTS - conllnued For The Year Ended 31 December 2024 GRANTS PAYABLE A breakdown of grants poyoble is os follows- 2024 2023 Gronts poid lo individua15 Gronts paid lo institutions 5.570 3.550 9.120 SUPPORT COSTS Governance costs Scorborough Municipol Chorities 5,280 Support cosls, included in the above, ore os 1011ows: Govemonce costs 2024 Scarborough Municipal Chorities 2023 Total octivities Accounloncy lees 5.280 5.130 rRUSTEES' REMUNERATION AND BENEFITS There were no Iruslees, remuneration or other benefi15 lor the year ended 31 December 2024 nor lor the yeor ended 31 December 2023. Trustees. expense5 There were no truslees, expenses paicl Iof the year ended 31 December 2024 nor for the year ended 31 December 2023. STAFF COSTS 2024 2023 Wage5 and salories Olhei pension costs 30.387 474 27,935 429 30.861 28,364 The overage monthly number ol employees during the year wos os lollow5'. 2024 2023 Administrator Warden Page 9 continued...
THE SCARBOROUGH MUNICIPAL CHARITY NOTES TO THE FINANCIAL STATEMENTS contlnued For The Yèor Ended 31 December 2024 STAFF COSTS - conlinved No employees received emoluments in excess of £60,QX). 10. TANGIBLE FIXED ASSETS Fixtures and fittings Freehold property Totals COST At l Jonuory 2024 ond 310ecember2024 197.885 2,020 199,905 OEPRECIATION Al l Jonuory 2024 und 31 December 2024 2.020 2,020 NET BOOK VALUE Al 31 December 2024 197.885 197.885 Al 31 December 2023 197.885 197.885 The property held by the ITus115 Used entirely lor direct charitable purpose5. FIXED ASSET INVESTMENTS Unlisled investments MARKET VALUE Al l January 2024 Additions RevalLJaliong 3,663,435 35,460 169,737 Al 31 December 2024 3,868,632 NET BOOK VALUE At 31 December 2024 3.868.632 Al 31 December 2023 3,663,435 There were no investment assets outside the UK. The investment portfolio consists solely ol COIF Charities Inveslmenl Fund accumulalior) ond income units. Page 10 conlinued...
THE SCARBOROUGH MUNICIPAL CHARITY NOTES TO THE FINANCIAL STATEMENTS - Contlnued For The Year Ended 31 December 2024 12. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Debtors and prepayments 4.419 4.287 CASH AT BANK AND IN HAND 2024 2023 Cyclicol Mainlenonce fund General fund Tolol funds Tolal funds Cosh in hond Current occounl Cyclical mointenonce fund General deposit occount 50 109,901 109,901 313,871 295.007 120.949 292.480 265,469 313,871 295,/ Total 404.958 313.871 718.829 678.913 14. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 other loans Isee note 161 Creditors and occruols 1,234 13.385 18.221 14.619 19.326 15. CREDITORS-. AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR 2024 2023 Other loons lsee note 161 69,017 70,2SI 16. IOANS An anolysis of the malurily of loans is given below= 2024 2023 Amoun15 folling due within one year on demand.. Housing corporation loan 1.234 1.105 Amounts lolling between one ond two yeors.. Housing corporation loan 1.378 1.234 Amounts falling due between two ond live yeors.. Housing corporolion loon 5.180 4,638 Amounts lolling due in more than live years: Repoyoble by inslolments.. Housing corporation loan 62.459 64.379 Page 11 continued...
THE SCARBOROUGH AIUNICIPAL CHARITY NOTES 10 THE FINANCSAL STATEMENTS - contlnued For The Yeor Ended 37 Docembei 2024 17. ANALYSIS OF NET ASSETS BETWEEN FUNDS 2024 Total funds 2023 Tolol funds Unreslricled funds Reslricled fund Endowment fund Fixed assets Investments Current ossels Current liobilitieg Long term liabilities 197.885 867,639 197.885 3,868,12 723,248 197,885 3,663,435 683.200 119.3261 170,2511 184.934 723,248 113.3851 2.816,059 11.2341 169,0171 169,0171 894,797 2.816.059 995.273 4.706.129 4.454.943 18. MOVEMENT IN FUNDS Net movement in funds Transfers between funds Al 31 12.24 Al 1.1.24 Unrestricted fund$ General fund Cyclical Maintenance fund 551,437 2.480 118.254 130.8091 188.7651 52.2CM) 580.926 313,871 843,917 87,445 136.5651 894.797 Restrlcled funds Extraordinary repair fund 2.641.065 139.534 35,460 2,816.059 Endowment funds Capital accounts 969.961 24.207 1.105 995.273 TOTAL FUNDS 4.454.943 251.186 4.706.129 Nel movement in funds, included in the obove are os follows: Incoming resources Resource5 expended Gains and losses Movement in fLJnds ilnreslrl¢led funds Generol fund Cyclical Moinlenance fund 230.813 15.489 1118.5551 146.2981 5.996 118.254 130.8091 246,302 1164,8531 5,996 87,445 Resfrlcted lunds Extroordinory repair fund 139.534 139.534 Endowment funds Copitol occounts 24,207 24,207 TOTAL FUNDS 246,302 1164,8531 169,737 251,186 Page 12 continued...
THE SCARBOROUGH MUNICIPAL CHARITY NOTES TO THE FINANCIAL STATEMENTS . contlnued Fovlhe Year Ended 31 December 2024 18. MOVEMENT IN FUNDS- conllnued Comparallves for rnovemenl In Ivnds Nel movement in funds Transfers between funds At 31.12.23 Al 1.1.23 Llnrestrieted Ivnds Generol fund Cyclicol Moinlenonce fund 517,095 231,451 122,991 10.829 188,6491 50.2(KI 551.437 292.480 748.546 133.820 138.4491 843.917 Restrlcled funds Extroordinary repair fund 2.323.124 280.481 37.460 2.641.065 Endowment funds Capitol accoLJnlg 929,334 39,8 989 969.961 TOTAL FUNDS 4.001,004 453,939 4,454,943 Comparative nel movement in funds. included in the obove ore os follows: Incomir)g resources Resource5 expend8d Goins ond losses Movement in funds Unrestrlcled lunds Generol fund Cyclical Mointenonce fund 219.995 10.829 I I QK),0121 3.008 122.991 10,829 230,824 3,8 133,820 Restricted funds Extraordinary repoir fund 280,481 280,481 Endowmenl lunds Copitol accounts 39.638 39.638 TOTAL FUNDS 230,824 1100,0121 323.127 453,939 Poge 13 conlinved...
THE SCARBOROUGH MUNICIPAL CHARITY NOTES TO THE FINANCIAL STATEMENTS - conllnuèd For The Year Ended 31 Dècèmbev 2024 18. MOVEMENT IN FUNDS - ¢onllnved A current year 12 months and prior year 12 months combinecl position is as follows: Net movemenl in Ivnds Tronglers between luncls At 31 12.24 At 1.1.23 Unrestrleted lund$ Generol fund Cyclicol Mointenonce fund 517.095 231,451 241,245 119.9801 580,926 313.871 102,4CK) 748.546 221.265 175.0141 894.797 Restrl¢ted funds Extroordinory repoir Ivnd 2.323,124 420.015 72,920 2,816.059 Endowment funds Capital occounls 929,334 63.845 2.094 995,273 TOTAL FUNDS 4.001.CK)4 705.125 4.706.129 A cuirent yeor 12 months and prior year 12 months combined nel movement in funds. included in the above are a5 1015ows'. Incorning resources Resources expended Gains and losses Movement in funds Unfestrlcted funds Generol fund Cyclical Maintenance fund 450,808 26.318 1218.5671 146.2981 9,CO4 241.245 119.9801 477.126 1264,8651 9,004 221,265 Resfrlcled funds Extraordinary repoir fur)d 420.015 420.015 Endowment funds Copitol accounts 63,845 63,845 TOTAL FUNDS 477.126 1264.8651 492.864 705.125 The Cyclical Maint&nance Fund is o designated fund lo cover items of repair that occur over a regular cycle. The funds ale ovoiloble for use ol the discretion ol Ihe Iruslees and onnuol oppropriotions ore mode to this fund 0$ considered necessary. The Extraordinary Repoir Fund wos established lo fund extraordinary items ol repair expendilure. improvements or rebuilding ol the homes. Annual appropriolions are made to this fund as considered necessary by the Iruslees. Transfers ore mode from the funds to covei exceptional expendilure. The funds ore represented by fixed ossel investments. Poge 14 continued...
THE SCARBOROUGH MUNICIPAL CHARITY NOTES TO THE FINANCIAL STATEMENTS - contlnued For The Year Ended 31 De¢èmbei 2024 19. RELATED PARTY DISCLOSURES There were no reloled porty Ironsoclions for the yeor ended 31 December 2024. Page 15
THE SCARBOROUGH MUNICIPAL CHARITY DEtAILED STATEMENT OF FINANCIAL ACTIVITIES Foi Ihe Year Ended 31 December 2024 2024 2023 INCOME AND ENDOWMENTS Investment Income Ir)vestmenl income 68,957 61,402 Char5table actlvllles Residents lees 177.345 169.422 Total Incomlng resources 246,302 230.824 EXPENDITURE Chavllable oclhllles Wages Pensions Rates and water Insuronce Light ond heot Telephone Slolionery. posloge ond adverts Repoirs ona renewols Gordening Licences and svb5CriPtion5 Sundry expenses Word6n call Poyroll costs Bank charges Loon interest Grants lo institutions Gronts to individuols 30.387 474 13.652 6.493 9.303 606 1.333 72.996 3.250 984 137 1.503 644 605 8.086 3.550 S,570 27.935 429 5.938 12.442 558 932 14.061 3,075 623 1,097 567 586 8.202 7,0(X) 159.573 94.882 Support costs Governance costs Accountoncy fees 5.280 5.130 Tolol resources expended 164.853 100,012 Nel In¢ome 81.449 130.812 This poge does not form port ol the stotulory finonciol stotements Page 16