Gorsley & Kilcot Parish Council Accounts as 31^st March 2023

The Council started the year with a balance of                                                                £10407.57

The Council has had expenditure of                                                                                    £6100.44

The Council has had income of                                                                                             £5950.00

The Council has an end year balance to carry forward into 2023/24 of                     £10257.13

The bank statement as per 31^st March 2023 records the council as having a balance of £10257.13.

The Council has earmarked reserves totalling £3517.51.

Full details of the Councils income expenditure and reserves can be viewed on the attached March 23 accounts summary.

The Parish Council has no loans to repay.

The Parish Council has no outstanding payments to be made.

The Parish Council has no monies due to be received, except that the Council is due to reclaim £519.60 from 2021/22 and £23 from 2022/23 VAT paid on invoices once the request has been processed with HMRC, due to issues with HMRC portal the claim for 2021/22 encountered an error and is in the process of being resubmitted.

The Parish Council has not made any payments that fall under Grants & Donations – S137.

The Parish Council is responsible for 15 Assets, details of which can be viewed on the attached Asset Register. The assets are due for the yearly check which will be carried out in due course.