Detailed income and expenditure account for the period ended 31 March 2003
|
|
£ |
£ |
| Income |
|
|
| Donation of built-up surplus from Torridge Leader Company |
|
9,799 |
| Core funding grants received: |
|
|
| North Devon District Council |
|
30,000 |
| Torridge District Council |
|
30,000 |
| West Somerset District Council |
|
7,781 |
| Project management and other income |
|
24,130 |
|
|
|
| Total |
|
101,710 |
|
|
|
| Administrative expenses |
|
|
| Wages and salaries |
30,868 |
|
| Staff pension costs |
1,649 |
|
| Training and recruitment |
3,375 |
|
| Rent payable |
4,120 |
|
| Insurance |
583 |
|
| Office consummables |
1,224 |
|
| Office support |
293 |
|
| Company formation costs |
573 |
|
| Telephone |
670 |
|
| Motor expenses |
587 |
|
| Legal and professional |
1,149 |
|
| Consultancy fees |
4,912 |
|
| Audit |
1,645 |
|
| General expenses |
1,215 |
|
| Depreciation on FF and equipment |
2,052 |
|
|
|
54,915 |
|
|
|
| Operating surplus |
|
46,795 |
|
|
|
| Other income and expenses |
|
|
| Bank deposit interest |
|
792 |
|
|
|
| Net surplus for the year to be utilised as future years' core funding |
|
47,587 |
The North Devon and Exmoor Regeneration Company