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2020-12-31-accounts

Contents Page
Trustees Report 1and 2
Independent
Examiners
Report
Receipts and Payments Accounts
Statement ofAssets and Liabilities
Notes to the Receipts and Payments Accounts

UNRESTRICTED FUND 2020 2019
RECEIPTS
Rental income from: (Note 1)
Properties 17,020 17,640
Land 57,540 30,562
74,560 48,202
Interest received - National Savings 23 2
Sundry income - Wayleave 36 36
Eon refund 100
Insurance
Settlement
—School Farm House 12,324
159 12,362
TOTAL RECEIPTS 74,719 60,564
PAYMENTS
Contributions
paid to
Butterwick School 53,953 10,388
Contributions
paid to
Butterwick School kitchen 3,034 1,476
Payment of insurance for Butterwick School kitchen 646 602
Rental property expenses:
Repairs etc. 1,317 2,782
Utilities (water rates etc.j 4,913 3,558
Insurance 1,114 2,207
Gardening
services
1,567 1,875
Legal and professional fees 2,597 3,118
Teaching staff retirement and leaving gifts 296
Clerk 1,500
Planning
application —School Farm
1,595 820
TOTAL PAYMENTS 70,736 28,622
NET RECEIPTS FOR THE YEAR 3,983 31,942

2020 2019
E E
MONETARY ASSETS
Lloyds Bank - Treasurers account 159,393 355,433
National
Savings
250,284 50,261
NET ASSETS 409,677 405,694
REPRESENTED BY: 2020 2019
f E
Unrestricted
funds:
Balance as brought forward 405,694 373,752
Net receipts/(payments) for the year 3,983 31,942
TOTAL FUNDS 409,677 405,694

1.RENTAL INCOME ANALYSIS
2020 2019
f f
Properties:
Pinchbeck
House, Butterwick
8,400 8,400
School Farm Cottage 5,520 5,520
The Nursery
Building
3,100 3,720
The Scout Hut - vacated during 2026
School Farm House and buildings
Land:
School Farm, Friskney 70acres 48,750 16,250
Butterwick
lngs, Boston
11.75acres 820 820
Boys School Lane, Butterwick Road, Freiston 9.16acres 2,290 4,580
Main Road, Benington 2.296acres 413 827
Doves Lane, Butterwick 2 acres
Fishtoft (in total) 32.819acres 5,242 8,060
RAF outmarsh
re:School Farm, Friskney
25 25
TOTAL RENTAL INCOME RECEIVED 74,560 48,202