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2023-03-31-accounts

NCC has elected members NCC has elected members who who are are elected elected on a 4 year cycle. The following
table details
year cycle. The following
table details
year cycle. The following
table details
year cycle. The following
table details
year cycle. The following
table details
the councillors /
trustees for the financial year 1April 2022 to 31March 2023 and also includes
all post year
trustee movements,
following
local elections:
Councillor Adele Williams Councillor Linda Woodings
Councillor AJ Matsiko Councillor Maria Joannou
Councillor Andrew
Rule
Councillor Maria Watson
Councillor Angela
Kandola
Councillor Matt Shannon
Councillor Angharad
Roberts (resigned
May-23) Councillor Merlita
Bryan (resigned
May-23)
Councillor Anne Peach (resigned May-23) Councillor Michael Edwards
Councillor Anwar
Khan
Councillor Michael Savage
Councillor Audra Wynter Councillor Nick Raine
Councillor Audrey
Dinnall
Councillor Mohammed
Saghir (resigned
May-23)
Councillor Azad Choudhry (resigned May-23) Councillor Nadia Farhat
Councillor Carole McCulloch Councillor Naim Saqab Salim
Councillor Cate Woodward (resigned May-23) Councillor Nayab Patel
Councillor Charyl Barnard Councillor Neghat
Khan
Councillor Corall Jenkins Councillor Nicola Heaton (resigned May-23)
Councillor Dave Liversidge (resigned May-23) Councillor Patience Ifrediora
Councillor David Mellen Councillor Pavlos Kotsonis
Councillor David Trimble (resigned May-23) Councillor Phil Jackson (resigned May-23)
Councillor Devontay
Okure
Councillor Rebecca Langton (resigned May-23)
Councillor Ethan Radford Councillor Roger Steel (resigned May-23)
Councillor Eunice Campbell-Clark (resigned May-23) Councillor Rosemary
Healy (resigned
May-23)
Councillor Eunice Regan Councillor Saj Ahmad
Councillor Faith Gakanje-Ajala Councillor Sajid Mohammed
Councillor Farzanna
Mahmood
Councillor Sally Longford (resigned May-23)
Councillor Fozia Mubashar Councillor Salma Mumtaz
Councillor Georgina
Power
Councillor Sam Harris
Councillor Graham
Chapman
Councillor Sam Lux
Councillor Gul Khan Councillor Sam Webster (resigned May-23)
Councillor Hayley Spain Councillor Samina
Riaz
Councillor Hassan Ahmed (resigned May-23) Councillor Samuel Gardiner
Councillor Helen
Kalsi
Councillor Sana Nasir
Councillor Imran Jalil Councillor Sarita-Marie
Rehman-Wall
Councillor Jane Lakey
(resigned
May-23) Councillor Shuguftah
Quddoos
Councillor Jawaid
Khalil (resigned
May-23) Councillor Steve Battlemuch
Councillor Jay Hayes Councillor Sue Johnson
(resigned
May-23)
Councillor Kevin Clarke Councillor Sulcan Mahmood
Councillor Kirsty Jones (Nottingham Independents) Councillor Toby Neal (resigned May-23)
Councillor Kirsty Jones (Labour) Councillor Wendy Smith (resigned May-23)
Councillor Leslie Ayoola Councillor Zafran
Khan
Councillor Liaqat Ali

Councillor Kirsty Jones (Chair)
Councillor Faith Gakenje-Ajala
Councillor Anwar
Khan
Councillor Zafran
Khan
Councillor Farzanna
Mahmood
Councillor Sarita-Marie Rehman-Wall
Councillor Salma Mumtaz
Councillor Sana Nasir
Councillor Andrew
Rule

Financial Advisor Corporate Director ofFinance and Resources Director ofFinance and Resources Director ofFinance and Resources
Nottingham City Council
Loxley House
Station Street
Nottingham
NG2 3NG
Bankers Lloyds Bank
Parliament Street Nottingham
12-16Lower Parliament Street
Nottingham
NG1 3DA

S tat ement o f Financial Ac tivities for the
ear endin
tivities for the
ear endin
31March 2
023
:
.'20212/23:==:=:= --=:= „-::==—:== =:=:—:2021/22-. —:=
Unrestricted Endowment', Unrestricted Endowment
Funds Funds ' Total Funds Funds Funds Total Funds
f
Income and endowments from:
Other Trading Activities (1,784,350) (1E784E350) (1,832,829) (1E832E829)
Investments (39,600) (39,600) (3,163) (3,163)
Other (26,295) (26,295)
Total (1,850,245) (1E850E245) (1835992) (1,835,992)
~Edit
Raising Funds 388,351 388,351 213,964 ' 213,964
Charitable
Activities
41,048 90,757 131,805 56,740 94,460 151,200
Charitable
Activities
—Transfer
to NCC 750,000 750,000 1,000,000 1,000,000
Increase/(Decrease)
in
Loss
Allowance 260,879 260,879 (104,734) (104,734)
Other 51,110 51,110 55,978 ' 55,978
Total 1,051,927 530,218 1,582,145 952E006 364E402 1E316E408
Net (income) /expenditure (798,105) 530,218 (268,100) (883,986) 364,402 i (519,584)
Transfer between
Funds
631,198 (631,198) 594,355 (594,355)
Other Recognised
(Gains)/Losses
(Gains)/losses
on Revaluation
Investment
Properties
of (5,008,698) (5,008,698) (1997933) (1E997E933)
(Gains)/losses
offollowing
Fair Value
assessment
of Financial
Investments
6,241 6,241 (81,223) (81,223)
Other (gains)/losses (526) (526) 526 526
Net Movement
in Funds
(167,120) (5,103,963) (5,271,083) (289,105) (2,309,109)', (2,598,214)
Reconciliation
of Funds
Total Funds Brought Forward (662,569) (30,719,422) (31,381,991) (373,464) (28,410,313) (28,783,777)
Total Funds Carried Forward (829,689) (35,823,385) (36,653,074) (662E569) (30E719E422) (31E381E991)

2022/23 ' 2021/22
E
INCOME
Rent (net of movement in Loss Allowance) (1,497,411) i (1,880,421)
Service Charges (26,060) (57,142)
Interest Received (39,600), (3,163)
Other (26,295) i
(1,589,366) (1,940,726)
EXPENDITURE
~Rii
F
d
Agency and Controcted Services
Cleaning 97
Grounds
Maintenance
5,213 (7,955)
Investment
Management
Costs
Business Rates 250,128 153,348
Energy Costs Ik Water 46,122 (455)
Insurance (20,760)
Property Maintenance (inc Bridge) 19,495 (1,291)
Rent Collection 22,534 22,534
Supplies and Services 44,859 68,446
Charitable
Activities
Surplus transferred to NCC General Fund 750,000 ' 1,000,000
Audit Costs 10,650
Support Costs
Management
and
Administration 131,805 ,' 140,550
Other
Interest Payable 51,110, 55,978
Movement to Funds
Contribution
to /
(from) Repairs Fund 67,293 104,537
Contribution
to /
(from) Unrestricted Fund 200,807 I 415,047
1,589,366 1,940,726

other co sts is shown below:
2022/23
~~' .«i+f&'-. Governance
Related (*)
Other
Support Costs
Basis ofApportionment
f f
Computer Costs 17,100 Software Usage
Recharged Staff Costs 23,548 31,592 Staff Time
Property Services Costs 17,500 42,065 Asset Valuation Costs/Staff Time
58,148 73,657
2021/22
Governance
Related (*)
Other
Support Costs
Basis ofApportionment
f f
Audit Fees 10,650 External Provider's Annual Fee
Computer Costs 17,100 Software Usage
Recharged Staff Costs 23,548 31,592 Staff Time
Property Services Costs 22,542 45,768 Asset Valuation Casts/Staff Time
68 0 56,740 94,460

Analysis ofthe movement
in
Investment
Property
2022/23
,'(f)
2021/22
(f)
Carrying
value (market value)
at beginning ofyear 31,865,896 29,818,293
Add: Capital Expenditure
Incurred
101,506 49,670
Add/deduct:
Net gains/(losses)
on revaluation 5,008,698 i 1,997,933
Carrying
value (market value)
at end ofyear 36,976,100 ' 31,865,896
Value ' Value
Property 2022/23 ' 2021/22
f i f
Woolsthorpe
Close, Off
Wigman Road, Bilborough 4,300,000 I 3,842,184
Units 21-29,Whitemoor Court, Nuthall Road 4,082,000 l 3,567,000
Eastcroft Depot, London Road 3,400,000 3,150,000
The Alexander
Fleming
University
Boulevard
Building, Nottingham Science and Technology Park, 1,888,000 i 1,913,000
34-38 Lister Gate 1,645,000 1,670,000
Land: 3Acres at Bull Close Road, Lenton Lane Industrial Estate, Nottingham 1,470,000 I 1,076,500
Castle Gate House, 24-30 Castle Castle, Nottingham 1,460,000 1,125,000
Century
House, 8-18Chapel Bar
1,450,000 1,519,743
Territorial
Army Centre,
Wigman Road 1,387,000 914,000
Eastcroft Incinerator
Complex,
London Road 1,033,000 ' 933,500

2022/23 2021/22
f
Government Stocks 1,385 t 1,385
COIF Accumulation
Units
724,684 730,925
726'069 732,310
2022/23 2021/22
Analysis of the movement in Other Investments f f
Carrying
value (market value)
Add/deduct:
Net gains/(losses)
at beginning
ofyear
on revaluation
732,310
(6,241)
651,087
,'81,223
Carrying value (market value) at end ofyear 726,069 732,310

Debtors 2022/23 ' 2021/22
E
Trading Activities 998,866 677,497
Amounts due from subsidiary and associated undertakings 265,273 313,959
1,264,140 991,456
Cash 2022/23 2021/22
f
Cash at bank 1,147,033; 2,026,775

Current Liabilities Liabilities 2022/23 2021/22
f f
Amounts
(including
due to subsidiary
and associated
subsidiary
Receipts
in Advance)
undertakings (1,440,650) (1,823,045)
Other creditors (140,'144) i (185,898)
Receipts in Advance (216,050) (381,796)
(1,796,844) (2,390,739)
Long Term Creditors 2022/23 2021/22
f
Rent Bonds (40,879) f (40,879)
Long Term Borrowing (1,622,545); (1,802,828)
(1,663,424) (1,843,707)
2022/23 2022/23 2021/22 2021/22
Endowment Unrestricted Endowment Unrestricted
Fund Fund Fund Funds
f f
Investment Properties 36,976,100 31,865,896
Other investments 726,069 732,310
Debtors (net of Bad Debt Provision) 1,266,519 927,800
Cash at Bank (75,956) 1,222,989 i 104,327 391,315
Creditors - Amounts falling due within one year (180,283) (1,630,740) ' (180,283) (904,772)
Creditors —Amounts falling due after one year (40,879) I (40,879)
Long Term Borrowing (1,622,545) (1,802,828)
35,823,385 829,689 30,719,422 373,464

NCC has elected members NCC has elected members who who are are elected elected on a 4 year cycle. The following
table details
year cycle. The following
table details
year cycle. The following
table details
year cycle. The following
table details
year cycle. The following
table details
the councillors /
trustees for the financial year 1April 2022 to 31March 2023 and also includes
all post year
trustee movements,
following
local elections:
Councillor Adele Williams Councillor Linda Woodings
Councillor AJ Matsiko Councillor Maria Joannou
Councillor Andrew
Rule
Councillor Maria Watson
Councillor Angela
Kandola
Councillor Matt Shannon
Councillor Angharad
Roberts (resigned
May-23) Councillor Merlita
Bryan (resigned
May-23)
Councillor Anne Peach (resigned May-23) Councillor Michael Edwards
Councillor Anwar
Khan
Councillor Michael Savage
Councillor Audra Wynter Councillor Nick Raine
Councillor Audrey
Dinnall
Councillor Mohammed
Saghir (resigned
May-23)
Councillor Azad Choudhry (resigned May-23) Councillor Nadia Farhat
Councillor Carole McCulloch Councillor Naim Saqab Salim
Councillor Cate Woodward (resigned May-23) Councillor Nayab Patel
Councillor Charyl Barnard Councillor Neghat
Khan
Councillor Corall Jenkins Councillor Nicola Heaton (resigned May-23)
Councillor Dave Liversidge (resigned May-23) Councillor Patience Ifrediora
Councillor David Mellen Councillor Pavlos Kotsonis
Councillor David Trimble (resigned May-23) Councillor Phil Jackson (resigned May-23)
Councillor Devontay
Okure
Councillor Rebecca Langton (resigned May-23)
Councillor Ethan Radford Councillor Roger Steel (resigned May-23)
Councillor Eunice Campbell-Clark (resigned May-23) Councillor Rosemary
Healy (resigned
May-23)
Councillor Eunice Regan Councillor Saj Ahmad
Councillor Faith Gakanje-Ajala Councillor Sajid Mohammed
Councillor Farzanna
Mahmood
Councillor Sally Longford (resigned May-23)
Councillor Fozia Mubashar Councillor Salma Mumtaz
Councillor Georgina
Power
Councillor Sam Harris
Councillor Graham
Chapman
Councillor Sam Lux
Councillor Gul Khan Councillor Sam Webster (resigned May-23)
Councillor Hayley Spain Councillor Samina
Riaz
Councillor Hassan Ahmed (resigned May-23) Councillor Samuel Gardiner
Councillor Helen
Kalsi
Councillor Sana Nasir
Councillor Imran Jalil Councillor Sarita-Marie
Rehman-Wall
Councillor Jane Lakey
(resigned
May-23) Councillor Shuguftah
Quddoos
Councillor Jawaid
Khalil (resigned
May-23) Councillor Steve Battlemuch
Councillor Jay Hayes Councillor Sue Johnson
(resigned
May-23)
Councillor Kevin Clarke Councillor Sulcan Mahmood
Councillor Kirsty Jones (Nottingham Independents) Councillor Toby Neal (resigned May-23)
Councillor Kirsty Jones (Labour) Councillor Wendy Smith (resigned May-23)
Councillor Leslie Ayoola Councillor Zafran
Khan
Councillor Liaqat Ali

Councillor Kirsty Jones (Chair)
Councillor Faith Gakenje-Ajala
Councillor Anwar
Khan
Councillor Zafran
Khan
Councillor Farzanna
Mahmood
Councillor Sarita-Marie Rehman-Wall
Councillor Salma Mumtaz
Councillor Sana Nasir
Councillor Andrew
Rule

Financial Advisor Corporate Director ofFinance and Resources Director ofFinance and Resources Director ofFinance and Resources
Nottingham City Council
Loxley House
Station Street
Nottingham
NG2 3NG
Bankers Lloyds Bank
Parliament Street Nottingham
12-16Lower Parliament Street
Nottingham
NG1 3DA

S tat ement o f Financial Ac tivities for the
ear endin
tivities for the
ear endin
31March 2
023
:
.'20212/23:==:=:= --=:= „-::==—:== =:=:—:2021/22-. —:=
Unrestricted Endowment', Unrestricted Endowment
Funds Funds ' Total Funds Funds Funds Total Funds
f
Income and endowments from:
Other Trading Activities (1,784,350) (1E784E350) (1,832,829) (1E832E829)
Investments (39,600) (39,600) (3,163) (3,163)
Other (26,295) (26,295)
Total (1,850,245) (1E850E245) (1835992) (1,835,992)
~Edit
Raising Funds 388,351 388,351 213,964 ' 213,964
Charitable
Activities
41,048 90,757 131,805 56,740 94,460 151,200
Charitable
Activities
—Transfer
to NCC 750,000 750,000 1,000,000 1,000,000
Increase/(Decrease)
in
Loss
Allowance 260,879 260,879 (104,734) (104,734)
Other 51,110 51,110 55,978 ' 55,978
Total 1,051,927 530,218 1,582,145 952E006 364E402 1E316E408
Net (income) /expenditure (798,105) 530,218 (268,100) (883,986) 364,402 i (519,584)
Transfer between
Funds
631,198 (631,198) 594,355 (594,355)
Other Recognised
(Gains)/Losses
(Gains)/losses
on Revaluation
Investment
Properties
of (5,008,698) (5,008,698) (1997933) (1E997E933)
(Gains)/losses
offollowing
Fair Value
assessment
of Financial
Investments
6,241 6,241 (81,223) (81,223)
Other (gains)/losses (526) (526) 526 526
Net Movement
in Funds
(167,120) (5,103,963) (5,271,083) (289,105) (2,309,109)', (2,598,214)
Reconciliation
of Funds
Total Funds Brought Forward (662,569) (30,719,422) (31,381,991) (373,464) (28,410,313) (28,783,777)
Total Funds Carried Forward (829,689) (35,823,385) (36,653,074) (662E569) (30E719E422) (31E381E991)

2022/23 ' 2021/22
E
INCOME
Rent (net of movement in Loss Allowance) (1,497,411) i (1,880,421)
Service Charges (26,060) (57,142)
Interest Received (39,600), (3,163)
Other (26,295) i
(1,589,366) (1,940,726)
EXPENDITURE
~Rii
F
d
Agency and Controcted Services
Cleaning 97
Grounds
Maintenance
5,213 (7,955)
Investment
Management
Costs
Business Rates 250,128 153,348
Energy Costs Ik Water 46,122 (455)
Insurance (20,760)
Property Maintenance (inc Bridge) 19,495 (1,291)
Rent Collection 22,534 22,534
Supplies and Services 44,859 68,446
Charitable
Activities
Surplus transferred to NCC General Fund 750,000 ' 1,000,000
Audit Costs 10,650
Support Costs
Management
and
Administration 131,805 ,' 140,550
Other
Interest Payable 51,110, 55,978
Movement to Funds
Contribution
to /
(from) Repairs Fund 67,293 104,537
Contribution
to /
(from) Unrestricted Fund 200,807 I 415,047
1,589,366 1,940,726

other co sts is shown below:
2022/23
~~' .«i+f&'-. Governance
Related (*)
Other
Support Costs
Basis ofApportionment
f f
Computer Costs 17,100 Software Usage
Recharged Staff Costs 23,548 31,592 Staff Time
Property Services Costs 17,500 42,065 Asset Valuation Costs/Staff Time
58,148 73,657
2021/22
Governance
Related (*)
Other
Support Costs
Basis ofApportionment
f f
Audit Fees 10,650 External Provider's Annual Fee
Computer Costs 17,100 Software Usage
Recharged Staff Costs 23,548 31,592 Staff Time
Property Services Costs 22,542 45,768 Asset Valuation Casts/Staff Time
68 0 56,740 94,460

Analysis ofthe movement
in
Investment
Property
2022/23
,'(f)
2021/22
(f)
Carrying
value (market value)
at beginning ofyear 31,865,896 29,818,293
Add: Capital Expenditure
Incurred
101,506 49,670
Add/deduct:
Net gains/(losses)
on revaluation 5,008,698 i 1,997,933
Carrying
value (market value)
at end ofyear 36,976,100 ' 31,865,896
Value ' Value
Property 2022/23 ' 2021/22
f i f
Woolsthorpe
Close, Off
Wigman Road, Bilborough 4,300,000 I 3,842,184
Units 21-29,Whitemoor Court, Nuthall Road 4,082,000 l 3,567,000
Eastcroft Depot, London Road 3,400,000 3,150,000
The Alexander
Fleming
University
Boulevard
Building, Nottingham Science and Technology Park, 1,888,000 i 1,913,000
34-38 Lister Gate 1,645,000 1,670,000
Land: 3Acres at Bull Close Road, Lenton Lane Industrial Estate, Nottingham 1,470,000 I 1,076,500
Castle Gate House, 24-30 Castle Castle, Nottingham 1,460,000 1,125,000
Century
House, 8-18Chapel Bar
1,450,000 1,519,743
Territorial
Army Centre,
Wigman Road 1,387,000 914,000
Eastcroft Incinerator
Complex,
London Road 1,033,000 ' 933,500

2022/23 2021/22
f
Government Stocks 1,385 t 1,385
COIF Accumulation
Units
724,684 730,925
726'069 732,310
2022/23 2021/22
Analysis of the movement in Other Investments f f
Carrying
value (market value)
Add/deduct:
Net gains/(losses)
at beginning
ofyear
on revaluation
732,310
(6,241)
651,087
,'81,223
Carrying value (market value) at end ofyear 726,069 732,310

Debtors 2022/23 ' 2021/22
E
Trading Activities 998,866 677,497
Amounts due from subsidiary and associated undertakings 265,273 313,959
1,264,140 991,456
Cash 2022/23 2021/22
f
Cash at bank 1,147,033; 2,026,775

Current Liabilities Liabilities 2022/23 2021/22
f f
Amounts
(including
due to subsidiary
and associated
subsidiary
Receipts
in Advance)
undertakings (1,440,650) (1,823,045)
Other creditors (140,'144) i (185,898)
Receipts in Advance (216,050) (381,796)
(1,796,844) (2,390,739)
Long Term Creditors 2022/23 2021/22
f
Rent Bonds (40,879) f (40,879)
Long Term Borrowing (1,622,545); (1,802,828)
(1,663,424) (1,843,707)
2022/23 2022/23 2021/22 2021/22
Endowment Unrestricted Endowment Unrestricted
Fund Fund Fund Funds
f f
Investment Properties 36,976,100 31,865,896
Other investments 726,069 732,310
Debtors (net of Bad Debt Provision) 1,266,519 927,800
Cash at Bank (75,956) 1,222,989 i 104,327 391,315
Creditors - Amounts falling due within one year (180,283) (1,630,740) ' (180,283) (904,772)
Creditors —Amounts falling due after one year (40,879) I (40,879)
Long Term Borrowing (1,622,545) (1,802,828)
35,823,385 829,689 30,719,422 373,464