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.