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2025.06-Explanation-of-Variances-2024-25
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Source page 1
Explanation of variances – pro forma
Name of smaller authority:
County area (local councils and parish meetings only):
Insert figures from Section 2 of the AGAR in all Blue highlighted boxes
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;
Explanation Automatic responses trigger below based on figures
Required? input, DO NOT OVERWRITE THESE BOXES
2023/24
£
2024/25 Variance Variance
£
£
%
323,637
435,457
2 Precept or Rates and Levies
230,000
463,300
233,300 101.43%
YES
3 Total Other Receipts
210,356
123,717
-86,639
41.19%
YES
4 Staff Costs
63,975
90,589
26,614
41.60%
YES
0
0
0
0.00%
NO
6 All Other Payments
264,561
268,543
3,982
1.51%
NO
7 Balances Carried Forward
435,457
663,342
VARIANCE EXPLANATION NOT REQUIRED
8 Total Cash and Short Term Investments
446,387
647,275
VARIANCE EXPLANATION NOT REQUIRED
9 Total Fixed Assets plus Other Long Term Investments and Assets
166,324
165,649
1 Balances Brought Forward
5 Loan Interest/Capital Repayment
10 Total Borrowings
0
Rounding errors of up to £2 are tolerable
Variances of £200 or less are tolerable
0
Explanation of % variance from PY opening balance not
required - Balance brought forward agrees
-675
0.41%
NO
0
0.00%
NO
Explanation from smaller authority (must include narrative and supporting figures)