| Brief statement | Brief statement | Lewes District Council provides an annual grant to |
the value ofthe | the value ofthe |
|---|---|---|---|---|
| on the Charity's | shorffall between receipts received and payments |
made. As a result, | ||
| policy on | adverse fluctuations in spending needs or income |
do not have an | ||
| reserves | impact on the overall financial position ofthe Recreation Ground. |
For | ||
| this reason, reserves or balances are not retained. | ||||
| Financial | review | The main item ofexpenditure was f66,903 in respect ofgrounds |
||
| maintenance. The only sources of income, other than the grant |
||||
| (F78,256), were rents (f220) and hire charges for | sports pitches | |||
| (F722). | ||||
| The Receipts and Payment Account for 2021/2022 |
is appended. | It | ||
| includes notes of key variations in cost and income |
between years. |
This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.