Name of smaller authority: BOOTLE PARISH COUNCIL
Insert figures from Section 2 of the AGAR in all Blue highlighted boxes.
Now, please provide full explanations, including numerical values, for the following that will be flagged in the green boxes where relevant:
Please ensure variance explanations are quantified to reduce the variance excluding stated items below the 15% / £500 / £100,000 threshold
| Section 2 Box No | 2023/24 £ | 2022/23 £ | Variance £ | Variance % | Explanation (narrative and supporting figures) |
|---|---|---|---|---|---|
| 1 Balances Brought Forward | 25,491 | 22,498 | Explanation of % variance from PY opening balance not required – Balance brought forward agrees | ||
| 2 Precept or Rates and Levies | 19,500 | 19,500 | 0 | 0.0% | |
| 3 Total Other Receipts | 49,816 | 43,014 | 6,802 | 15.8% | Diff btw 22/23 and 23/24 Bank Int £87, VAT £3989, Project groups £4229, Bootle in Bloom (£420), Misc receipts (£1082) total £6803 diffrence in rounding of £1 |
| 4 Staff Costs | 2,646 | 2,483 | 163 | 6.6% | |
| 5 Loan Interest/Capital Repayment | 0 | 0 | 0 | 0.0% | |
| 6 All Other Payments | 31,101 | 57,038 | -25,937 | 45.5% | Diff betw 22/23and 23/24 Clerks/council exps (£403), Insurance £42, Internal audit fee £15, External Auditors fee £138 (droppedinto next pricing bracket) CALC subs £13, SLCC membership £12, Website costs £130 (including ind email addresses for councillors) Donations/fees £627 (coronation party) Grass/garden (£250), Toilets-cleaning (£660), consumables (£208), Utilities (£122) repairs £1990. Gen maint & defib (£3757), Projects (£24565), Misc purchase £732, Hall rental £90, footlight maint (£467), Bank charges £60 (error by bank in taking a £60 chq twice which was credited to the account). Bootle in Bloom £645. Total variance (£25938) £1 differene due to rounding |
| 7 Balances Carried Forward | 61,060 | 25,491 | 35,569 | 139.5% | |
| 8 Total Cash and Short Term Investments | 61,060 | 25,491 | 35,569 | 139.5% | There is a balance of £27742 project money carried over to 24/25 to complete a feasability study on the re development of the Playing field owned by the Parish Council where funding of £38707 was awarded in 23/24. Invoices are outstanding on this project and will be submitted within the financial year 24/25. These funds are committed to this project and therefore are ring fenced. The balance £7827 is accounted by underspend on budget and more funds received than expected on budget. These will be placed in general reserves. The precept for 24/25 reflects these additional funds and remains at £19500 with an expected expenditure of £26072 (excluding the project costs). |
| 9 Total Fixed Assets plus Other Long Term Investments and Assets | 53,653 | 52,888 | 765 | 1.4% | |
| 10 Total Borrowings | 0 | 0 | 0 | 0.0% |