Accounts
Annual Accounts
The Annual Accounts for the Financial Year 2016-17
Please note the Finacial Year runs from the 1st April 2016 - 31st March 2017
At the 31st March 2017 there was £77,589.79 earmarked in the National Savings and Investment Account (NS&I) towards continued maintenance of all open spaces, play areas and amenity land in the Town Council’s ownership. The £5,971.18 interest accrued in this account was earmarked and drawn down to the General Reserve with the £120,264.00 earmarked towards Hardings Park. Land Transfer from the National Savings and Investment to the General Reserve for land maintenance/play area and associated work carried out by the Gillingham Town Council staff of £83,268.90, Less transferred into the NS&I £15,000 received from developers is the £68,268 still un-presented.
At the 31st March 2017 earmarked and held in the General Reserve was £206,365.53.
At the 31st March 2018 earmarked and held in the General Reserve for projects still outstanding was £100,649.82 made up of balances from the following budgets:
Land Management – Developers £ 8,000.00
Refurbishment W.C’s £35,000.00
High Street Enhancement £ 2,066.00
Sponsored Bedding Scheme £ 3,868.00
Hardings Park Project £ 1,868.00
Hardingss Lane Sports Pitches (s106) £ 7,005.31
CCTV – additional camera/repairs £ 9,808.12
Maintenance of play areas £ 4,721.18
Repairs to Chapel roof £ 5,000.00
Tree surgery £ 4,643.05
Spoil heap removal (cemetery) £ 1,145.00
Staff training budget £ 7,115.00
Outreach Youth Work £ 5,191.38
Festive Lighting £ 1,018.78
Heritage Lighting £ 4,200.00
Total £100,649.82
Earmarked reserves from small budgets from balances in hand total £20,541.06.
Leaving un-earmarked balance in the General Reserve of £15,119.32.
Borrowings – Public Works Loan balance: £115,662.00.
