Explanations and bank reconciliation

CLAYHIDON PARISH COUNCIL

DEVON

YEAR ENDING 31 MARCH 2016


BANK RECONCILIATION



£

Balance per bank statement at 31 March 2016 (taken from bank statement)

11,742.00

Outstanding Items

Less un-presented cheques

105.00

Plus un-cleared payments into bank

Nil

Balance per cash book at 31 March 2016 (Box 8 on annual return)

11,637.00


Accounts


£

Community Account

3,915.35

Business Manager

7,826.65





Grand Total

11,742.00




CLAYHIDON PARISH COUNCIL

DEVON

YEAR ENDING 31 MARCH 2016


EXPLANATIONS


BOX 3 – TOTAL OTHER RECEIPTS


£

Figure in 2015 column

2,237.00

Figure in 2016 column

1,790.00

Variance

447.00

Reason


Reduced grant from MDDC

-113.00

No TAP fund grant

-430.00

Reduced P3 grant

-50.00

No post lady collection

-720.00

Increase in VAT reclaimed

+148.00

Increase in rent received

+50.00

Increase in other income

+25.00

Transparency Grant received

+391.00

Signpost Grant received from DCC

+200.00

Balance left is less than 15% of 2015 figure

52.00


BOX 4 STAFF COSTS


£

Figure in 2015 column

875.00

Figure in 2016 column

546.00

Variance

329

Reason


New clerk recruited during the year.  Salary now paid quarterly and last quarter will be paid after April 2016.  

-329.00



Balance left is less than 15% of 2015 figure

0.00


BOX 9 TOTAL ASSETS


£

Figure in 2015 column

4,000.00

Figure in 2016 column

6,855.00


2,855.00

Reason


Additional assets added to register:-


Laptop

395.00

Scanner

79.00

Salt Spreaders x 4

555.00

Strimmer & guard

765.00

Noticeboards x 3

1,049.00



Balance left is less than 15% of 2015 figure

12.00

EARMARKED/RESTRICTED RESERVES

Amount held at 31st March 2016 £

Purpose of reserve

1,339.00

Restricted reserve – to be spent on future footpath work

1,339.00

Total earmarked/restricted reserves


Comments