Explanation of variances 2020-21

Name of smaller authority: GITTISHAM PARISH COUNCIL

County area (local councils and parish meetings only: DEVON

Please provide full explanations, including numerical values, for the following:

  • variances of more than 15% between totals for individual boxes (except variances of less than £200);
  • a breakdown of approved reserves if the total reserves (Box 7) figure is more than twice the annual precept/rates & levies value (Box 2).
Section 22019/20 £2020/21 £Variance £Variance %Detailed explanation of variance (with amounts £)
Box 2 Precept or Rates and Levies    8160816000n/a  
Box 3 Total other receipts      1244213835-1393-11.20n/a  
Box 4 Staff costs        29403356-416-14.15n/a  
Box 5 Loan interest/ capital repayments      NIL    NIL    NIL    NIL    n/a  
Box 6 All other payments      20235199512841.40n/a
Box 9 Total fixed assets & long term investments & assets1652326774-10251-62.04Updated asset register 2020-21 inc benches, picnic tables, laptop  
Box 10 Total borrowings      NILNILNILNIL    n/a  
Explanation for ‘high’ reserves      Box 7 is almost twice Box 2 because the authority held the following breakdown of reserves at the year end:   £7,030.36 Contingency