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 2	2022/23 £	2023/24 £	Variance £	Variance %	Detailed explanation of variance (with amounts £)
Box 2 Precept or Rates and Levies	8,323	9,307	-984	-11.82	n/a
Box 3 Total other receipts	3,145	1,119	2,026	64.41	GPC 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	3,062	3,590	-528	-17.24	The 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	NIL	NIL	NIL	NIL	n/a
Box 6 All other payments	8,414	11,282	-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 & assets	30,308	33,844	-3,536	-11.66	n/a
Box 10 Total borrowings	NIL	NIL	NIL	NIL	n/a
Explanation for ‘high’ reserves