Analysis of variances
Wembworthy Parish Council Annual Audit year end 31st March 2020
Explanation of variances of 15% or more
2018 £ | 2019 £ | Variance £ | Variance % | Explanation required? | ||
Balances brought forward | 3,545 | 2,981 | ||||
Precept or Rates and Levies | 3,256 | 3,700 | 444 | 13.64 | No | |
Total other receipts | 294 | 46 | -248 | 84.35 | Locality Budget Grant received towards a defibrillator | |
Staff costs | 800 | 800 | 0 | 0 | No | |
Loan interest/Capital repayment | 0 | 0 | 0 | 0 | No | |
All other payments | 3,314 | 2,329 | -985 | 29.72 | £851.73 spent on defibrillator | |
Balances carried forward | 2,981 | 3,598 | 0 | 0 | No | |
Total cash and short term investments | 2,981 | 3,598 | 0 | 0 | No | |
Total fixed assets plus other long term investments | 6,417 | 6,417 | 0 | 0 | No | |
Total borrowings | 0 | 0 | 0 | 0 | No |