Financial Accounts year ended 31st March 2023

	CASTOR PARISH COUNCIL
	ACCOUNTS FOR YEAR ENDED 31 MARCH 2023

	RECEIPTS & PAYMENTS		YEAR ENDED 31 MARCH 2023

	2021/22				2022/23
	£		RECEIPTS		£
	29,469.42		PCC Precept		29,160.81
	1,680.00		PCC Burial ground grant		1,800.00
	280.00		PCC recreation ground grant		720.00
	2,192.50		Land Rents		1,680.50
	275.00		Allotment Rents		325.00
	91.51		Interest		668.38
	7,911.61		VAT Refund		8,354.92
			Langdyke trust Grant (Earmarked)		1,050.00
			Contributions from other local authorities		2,345.00
			S137 agreement (earmarked Grant)		54,703.33
			Fishing Rights		50.00
			Vending concession		30.00
	41,900.04				100,887.94

			PAYMENTS
	8,582.40		Clerks salary		11,061.44
	1,045.51		General administration		1,195.26
	72.00		bank charges		72.00
	415.00		Audit fees		475.00
	935.00		Grants (GPOC)		16,420.00
	663.84		Insurance		797.70
	1,157.22		Subscriptions & membership fees		860.54
	220.32		Allotments		626.16
	400.00		Community Allotment		300.00
	–		Burial Ground Mtce		4,849.59
	5,595.60		Land & Property costs		8,604.84
	75.00		Standing Stones		495.00
	540.00		Play area maintenance		540.00
	6,825.00		Landscape Management		7,900.00
	–		Training		–
	58.00		Chairmans Allowance		63.74
	–		Castor in Bloom (street Planters		960.00
	12,101.00		(S106) agreement earmarked		23342.78
	768.92		Devolved services
			equipment & software		1,169.98
	225.00		Village Xmas Tree		225.00
	1,250.00		Nature recovery
	2,352.19		Miscelaneous		1,465.14
	1,969.00		Speed Sign
	360.00				360.00
			Climate Change Commitment		636.00
			QE ll Commemorative Tree		724.00
			Beacon Kit		147.94
	5,829.78		VAT		8,944.44
	51,440.78				92,236.55

	(9,540.74)		transfer to/(from) reserves		8,651.39


	CASTOR PARISH COUNCIL
	ACCOUNTS FOR YEAR ENDED 31 MARCH 2023

	BALANCES

	2021/22				2022/23
			CURRENT ASSETS
			Cash at bank
	5,105.41		Current Account		8,295.22
	30,000.04		Deposit account		9,893.06
	60,000.00		95 day Notice deposit account ( Metro Bank)		85,349.10
	346.73		Business account (Metrobank interest)		566.19
	95,452.18				104,103.57

			REPRESENTED BY

			Earmarked reserves		20,532.33
			General Reserves		83,571.24
					104,103.57


			Earmarked reserves – Detail
	–		Earmarked reserves B/FWD		–
	–				–
	–		ADD Earmarked receipts in year
			S106 agreement	54,703.33
			Langdyke Trust	1,050.00	55,753.33
	–		LESS Earmarked Payments for year
	–		Play park	12,101.00	–
	–		Coppice	12,120.00	–
			Tweentowns	6,370.00
			Ferryfield	4,630.00	35,221.00

	–		Earmarked reserves Carried Forward		20,532.33

			General Reserves – Detail
	104,992.92		General reserves B/fwd		95,452.18
			Receipts for year	45,134.61
	(9,540.74)		Payments for year	– 57,015.55	-12005.13
	95,452.18
	95,452.18		General reserves		83,447.05


	The above statement represents fairly the financial position of the council as at
	31st March 2023 and reflects its payments and receipts during the year.

	J Haste
	Responsible Financial Officer
	date	6th April 2023




	BANK RECONCILIATIONS – YEAR ENDING 31 MARCH 2019				£


	Community Account / Tailored Current Account
	Opening Balance		01/04/2022		5,105.41
	Plus total Receipts			100,763.75
	less those receipts paid in to deposit account (see below)			99.82
	less those receipts paid in to Metro instant access account (see below)			444.37	100,219.56

	PlusTransfers FROM Deposit account			72,206.76
	Less Transfers TO deposit account			76,999.96	(4,793.20)
					100,531.77
	Less Payments				92,236.55
					8,295.22
	Less transferred to METRO Bank Notice account				–
	less those Payments paid from deposit account				–
	Balance per cash book – Current account				8,295.22

	Balance as per statement				7,815.92
	plus receipts not cleared at the bank until April				802.30

	Less payments not cleared		HMRC PAYE		323.00
					8,295.22



	Tailored Deposit account
	Opening Balance		01/04/2021		30,000.04

	Plus Receipts paid in to deposit account – interest				99.82
					–
	Less Admin charge by bank				–
	Transfers between accounts
			From Current account	76,999.96
			To current account	72,206.76	4,793.20
		Tailored Deposit Account – Statement no.			34,893.06

	Less transferred to METRO Bank Notice account				25,000.00
		Balance per cash book – Deposit account			9,893.06

	Balance	Bank Statement Sheet No 102			9,893.06



	Metro Bank Notice Business account
	Opening Balance		01/04/2021		60,000.00
	less transfer to Metro instant			(60,000.00)
	plus transfer from Metro Instant			60,349.10	349.10

	Plus Transfer from Unity Trust Deposit account				25,000.00

		Balance per cash book			85,349.10

	Balance per bank statement				85,349.10




	Metro Bank Instant Access Business account
	Opening Balance		01/04/2021		346.73
	Plus Transfer From Metro Notice account			60,000.00
	Less transferred TO metro notice account			60,349.10	(349.10)
					(2.37)
	Plus interest on Notice Account				568.56
		Balance per cash book			566.19

	Balance per bank statement				566.19



	Balance		Total Cash at bank 31 March 2022	8,295.22
				9,893.06
				85,349.10
				566.19	104,103.57

			Total per Cash Book		104,103.57



	CASTOR PARISH COUNCIL
	ACCOUNTS FOR YEAR ENDED 31 MARCH 2022
		ASSETS
	At 31 Mar 2019 the following assets were held				Value 2022
	extracted from the asset register
		Location			£
	LAND
		Tweentown, meadow and )
		allotment land, & recreation ground )		1.00
		Ferryfields		1.00
		Plot 26	Thorolds Paddock	1.00
		Splash Lane allotment land		1.00
		Splash Lane allotment land		1.00
		Splash Lane Paddock		1.00
		Landy Green Way		1.00
		Russ Lees Cricket Ground		1.00
		Oldfield recreation Ground		1.00
		Village Green		1.00	10.00

	STREET FURNITURE
		Chairmans Bench		1,000.00
		Picnic Bench		178.00
		Picnic Bench		178.00
		“No Tipping” sign		50.00
		Curb Stones		2,470.00
		Oak Post (31)		527.00
		Amberol street planters		1,407.76	5,810.76


	GATES & FENCES
		10ft Oak Gates
		10ft Oak Gates		796.00
		8ft Oak Gates plus fixings		400.00
		Chain & Locks		53.52
		Oak Posts		600.00	1,849.52

	WAR MEMORIALS
		Farmers Cross		1,000.00	1,000.00

	PLAYGROUND EQUIPMENT
		Cone Climber (retained when new equipment installed 2019/20)		5,415.00
		equipment installed 2019/20		58,923.51	64,338.51

	OFFICE CONTENTS
		Laptop, Keyboard etc		350.00
		Microsoft Office Professional		169.00
		Projector		225.00
		Mobile telephone		154.00	898.00

	MISC. EQUIPMENT
		Speed activation Device		3,210.00
		Speed activation Device –		1,969.00
		Gazebo etc (Fete equipment)		409.65
		Jubilee Beacon		490.00
		Water Bowser		1,010.00	7,088.65

		TOTAL VALUE OF ASSETS			80,995.44


	CASTOR PARISH COUNCIL
	ACCOUNTS FOR YEAR ENDED 31 MARCH 2022

	Supporting notes to the above accounts

1	PRECEPTS and City Council Grants
	Peterborough City Council (PCC) no longer provide a general grant to Parish Councils.
	PCC grant to Castor was calculated to specifically support the contribution towards grass cutting
	at the cemetery & contribute towards the cost of grass cutting at the recreation ground

2	BORROWINGS
	At the close of business on 31st March 2023 the Council had no outstanding loans.

3	AGENCY GRANT
	During the year the Council undertook no agency work on behalf of other authorities.

4	S137 / GPoC Grants Paid out
	Castor Parish Council confirmed the adoption of the General Power of Competence at the annual
	meeting and S137 is no longer relevant to the expenditure of the parish council but the comparable
	amount of grants paid were £935 in 2021/22 (£500 to local scouty group and £435 to the local
	Climate Change Action Group) – in 2022/23grants paid were £636 to the Climate Action Group, £400
	seed funding for a local magazine and £16020 to fund replacement windows in the village Hall

5	ADVERTISING & PUBLICITY
	During the year the council spent £360 on website fees ( Including £60 for .Gov.uk email addresses
	for the clerk and all councillors) we also contributed to social media and the village magazine at no cost over
	and above the initial grant

6	PENSIONS
	No costs were incurred on the provision of pensions in 2021/22

7	DEBTORS
	Nil

8	TENANCIES
	The Council operates agricultural tenancies and lets Allotments at a nominal charge.

9	EARMARKED RESERVES
	Earmarked reserves derived from receipt of section 106 monies and a grant from Langdyke Trust are
	separately identified in the accounts and are held for the purpose for which the funds were provided.
	The parish council also budgeted £20000 to Grant aid the village of which £16020 was used as shown
	Above. The balance is held within the General reserve