Explanation of variances 2022-23

by

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 22021/22 £2022/23 £Variance £Variance %Detailed explanation of variance (with amounts £)
Box 2 Precept or Rates and Levies    83238,32300n/a  
Box 3 Total other receipts      7,1783,1454,03356.2
CIL receipts in the year 2021/22 were much higher, and VAT for two consecutive years was reclaimed.  No VAT claim was carried out in 2022/23 but this is pending.
Box 4 Staff costs        2,9693,062-93-3.1n/a  
Box 5 Loan interest/ capital repayments      NIL    NIL    NIL    NIL    n/a  
Box 6 All other payments      6,8228,414-1,592-23.33
In 2022/23 GPC paid for large items such as noticeboards, repairs to the play area and contributed towards a major new venture in the parish, the Community Kitchen.
Box 9 Total fixed assets & long term investments & assets28,86230,308-1,446-5n/a
Box 10 Total borrowings      NILNILNILNIL    n/a  
Explanation for ‘high’ reserves      
Box 7 is more than twice Box 2 because the authority held the following breakdown of reserves at the year end:
 
£7,061.99 Contingency
£5,769.39 CIL