Name: Bootle Parish Council
Address: GB

Explanation of variances 2022/23 – pro forma

Name of smaller authority:

Insert figures from Section 2 of the AGAR in all blue highlighted boxes.
Please ensure variance explanations are quantified to reduce the variance excluding stated items below the 15% / £500 / £100,000 threshold.

	2023 £	2022 £	Variance £	Variance %	Is > 15%?	Is > £100,000?	Explanation (must include narrative and supporting figures)
1 Balances Brought Forward	22,498	17,568					Explanation of % variance from PY opening balance not required – Balance brought forward does not agree.
2 Precept or Rates and Levies	19,500	17,230	-2,270	11.64%	NO	NO
3 Total Other Receipts	43,014	9,652	-33,362	77.56%	YES	NO	Variances between 2021/22 & 2022/23. Interest £69; VAT (£3,394); Misc receipts £1,224; Projects: beach clean donation £2,000; Woodland Project funding £32,443; Bootle in Bloom donations £870; Office space rental £150. Total £33,362
4 Staff Costs	2,483	2,214	-269	10.83%	NO	NO
5 Loan Interest / Capital Repayment	0	0	0	0.00%	NO	NO
6 All Other Payments	57,038	19,738	-37,300	65.39%	YES	NO	Variances between 2021/22 & 2022/23. Clerks/council expenses £416 (land surveys and maps); Insurance £5; CALC Subscription £10; SLCC membership (£1); Donations/fees £1,431 (Jubilee celebrations); Grass & Gardens £702; Toilets – Cleaning (£264), Consumables £75, Utilities £24, Repairs (£112); General maint & Defib £4,034 (renewing fencing, defib & repairs to phone box); Projects £34,413 (Beach Clean costs and creating a Woodland Project); Misc Purchases (£1,179); Hall Rental (£30); Footlight Maint £42; Bootle in Bloom (£2,265). Total £37,301
7 Balances Carried Forward	25,491	22,498	-2,993	11.74%	NO	NO
8 Total Cash and Short Term Investments	0	0	0	0.00%	NO	NO
9 Total Fixed Assets plus Other Long Term Investments and Assets	52,888	50,588	-2,300	4.35%	NO	NO
10 Total Borrowings	0		0.00%	NO	NO
Excessive Reserves Ratio	1.30723	1.30575

Explanation for ‘high’ reserves

Please complete or update the highlighted boxes when the total in Box 7 is greater than 2 times the value of Box 2.

Box 7 is more than twice the value of Box 2 because the authority held the following breakdown of reserves at year end:

Description of reserve	£	£
Earmarked reserves:
Reserve 1	0
Reserve 2	0
Reserve 3	0
Reserve 4	0
Reserve 5	0
General reserve	0
Total reserves (must agree to Box 7)	0
Box 7 per Annual Return	22,498
Difference	-22,498	PLEASE PROVIDE AN EXPLANATION FOR THIS DIFFERENCE

Column B: Reserves should be renamed to show the specific purpose / name given by this authority.

Column D – General reserves: This should relate to normal operating funds and should equal the difference between total earmarked reserves and the value of Box 7 on Section 2 of the AGAR.

Column D – Earmarked items: A value for the amount earmarked for each specific reserve should be entered. There may be fewer than 5 reserves or more and the number can be reduced or extended as appropriate.

Explanation of Variances
2022-23