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Skeffling Community Website. Parish Council. Parish Plan. Agenda & Minutes. Documents. Councillors. History.

Skeffling Parish Council

 

 

 

 

 

Annual Audit 2002/2003

 

 

 

 

 

Item

Details

Last Year

This Year

 

 

 

 

 

1

 

Balances brought forward

848

425

2

 

Annual Precept

600

650

3

 

Total other receipts

315

1

4

 

Staff costs (inc expenses Cllrs.)

144

32

5

 

Loan interests/repayments

nil

nil

6

 

Total other payments

1194

463

7

 

Balances carried forward

425

581

8

 

Total cash and investment

425

581

9

 

Total fixed assets

45000

45000

10

 

Total borrowings

500

500

 

 

 

 

 

Bank reconciliation

 

 

 

 

 

Financial year ending 31st March 2003

 

 

 

 

 

Prepared by:  Mrs Toni Cornford, Clerk to the Council

Date: 1st July 2003

 

 

 

 

 

Balance per bank statements as at 31st March 2003

 

 

 

 

 

Current Account

581

 

 

 

 

 

 

Net Balances as at 31st March 2003

581

 

 

 

 

 

 

Cash Book

 

 

 

 

 

 

 

Opening Balance

425

 

Receipts in the year

651

 

Payments in the year

495

 

Closing balance per cash book as at 31 March 2003

581

 

 

Significant variances

 

1. There is a significant variance in item 4, Staff Costs.

 

This is because some items of expenses were held over until April 2003, and will, therefore, appear on next year's Annual audit.

 

2. There is a significant variance in item 6, Total Other Payments.

 

This is because in the year 2001/2002 there was a payment of £595 to cover election expenses.