Explanation of variances 2023/24

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 22022/23 £2023/24 £Variance £Variance %Detailed explanation of variance (with amounts £)
Box 2 Precept or Rates and Levies    8,3239,307-984-11.82n/a  
Box 3 Total other receipts      3,1451,1192,02664.41GPC received a start-up grant for the community kitchen in 2022/23 for £2,142.45 but in 2023/24 the kitchen was self-funding. 
Box 4 Staff costs        3,0623,590-528-17.24The NALC recommended salary scales for the previous tax year were delayed, and then implemented and backdated in 2023/24.
Box 5 Loan interest/ capital repayments      NILNIL    NIL    NIL    n/a  
Box 6 All other payments      8,41411,282-2,868-34.09
In 2023/24 GPC paid for an outdoor ping pong table, £3,694.80 inc VAT.  However the cost (minus VAT) will be reimbursed in 2024/25 by EDDC through S106 funding. 
Box 9 Total fixed assets & long term investments & assets30,30833,844-3,536-11.66n/a
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:
£7,156.88 Contingency
£6,493.32 CIL