County area (local councils and parish meetings only):
Devon County Council
Next, please provide full explanations, including numerical values, for the following that will be flagged in the green boxes where relevant: • variances of more than 15% between totals for individual boxes (except variances of less than £200); • New from 2020/21 onwards: variances of £100,000 or more require explanation regardless of the % variation year on year; • a breakdown of approved reserves on the next tab if the total reserves (Box 7) figure is more than twice the annual precept/rates & levies value (Box 2).
2021/22
2022/23
Variance
Variance
Explanation Required?
£
£
£
%
1 Balances Brought Forward
2,999
2,719
Explanation of % variance from PY opening balance not required – Balance brought forward agrees
2 Precept or Rates and Levies
2,525
3,408
883
34.97%
YES – Higher Precept required to fund increase in Clerk’s hours in order to do website.
3 Total Other Receipts
27
528
501
1854.41%
YES – Two grants received 2022/23 £350 for Jubilee celebrations. Higher VAT Claim and compensation from bank.
4 Staff Costs
1,328
2,348
1,020
76.83%
YES – Clerk’s Hours increase to 3.5 from 2.5 for website work. Bonus paid for saving payroll costs.
5 Loan Interest/ Capital Repayment
0
0
0
0.00%
NO
6 All Other Payments
1,504
1,030
-474
31.52%
YES – One-off Jubilee expenditure and Clerk’s training in 2021/22. Expenditure returned to normal level in 2022/23
7 Balances Carried Forward
2,719
3,277
NO
8 Total Cash and Short Term Investments
2,719
3,277
NO
9 Total Fixed Assets plus Other Long Term Investments and Assets
3,817
3,817
0
0.00%
NO
10 Total Borrowings
0
0
0
0.00%
NO
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