Humber, Ford & Prior Group Parish Council Annual return for financial year 31 March 2016 Explanations of significant variances Box on section 2 Year Year Variance % Explanation ended 31 31 March Increase (+) (Variance required? March 2016 Or divided by Less than £250 = NO 2015 Decrease (-) 2015 figure Less than 15% = NO (2016 less *100) More than 15% =YES £ 2015) £ £ Box 2 6232 6356 +124 2% NO Annual Precept Box 3 5041 6104 +1063 21% YES Total other receipts Box 4 2110 2507 +397 19% YES Staff Costs Box 5 0 0 0 0 NO Loan interest/ Capital repayments Box 6 16650 12149 -4501 27% YES All other payments Box 9 3194 3198 +4 0.1% NO Total fixed assets Explanations Box No.3 Total Other Receipts £ Figure in 2015 column 5051 Figure in 2016 column 6104 Variance +1063 Reasons (as many as are applicable) Amount £ Reason 1: VAT reclaimed in 2015-16 was higher than 2014-15, +829 because of increased expenditure activity in 2014-15, principally on the Neighbourhood Development Plan Reason 2: Second Neighbourhood Development Plan Grant of +1136 £1836 obtained in 2015-16, compared to £700 received in 2014-15 as the balance of the first grant. Reason 3: Receipts for contributions for advertising in parish -372 magazine less in 2015-16 than 2014-15 Reason 4: Lengthsman scheme funding receipts less in -514 than in 2014-15, because of change to procedure to invoicing Herefordshire Council in arrears Unexplained -16 Confirm unexplained amount is less than 15% of 2015 figure YES
Humber, Ford & Prior Group Parish Council Annual return for financial year 31 March 2016 Explanations of significant variances Box on section 2 Year ended 31 March 2015 £ Year 31 March 2016 £ Variance Increase (+) Or Decrease (-) (2016 less 2015) £ % (Variance divided by 2015 figure *100) Explanation required? Less than £250 = NO Less than 15% = NO More than 15% =YES Box 2 Annual Precept 6232 6356 +124 2% NO Box 3 Total other receipts 5041 6104 +1063 21% YES Box 4 Staff Costs 2110 2507 +397 19% YES Box 5 Loan interest/ Capital repayments 0 0 0 0 NO Box 6 All other payments 16650 12149 -4501 27% YES Box 9 Total fixed assets 3194 3198 +4 0.1% NO Explanations Box No.3 Total Other Receipts £ Figure in 2015 column 5051 Figure in 2016 column 6104 Variance +1063 Reasons (as many as are applicable) Amount £ Reason 1: VAT reclaimed in 2015-16 was higher than 2014-15, because of increased expenditure activity in 2014-15, principally on the Neighbourhood Development Plan +829 Reason 2: Second Neighbourhood Development Plan Grant of £1836 obtained in 2015-16, compared to £700 received in 2014-15 as the balance of the first grant. +1136 Reason 3: Receipts for contributions for advertising in parish magazine less in 2015-16 than 2014-15 -372 Reason 4: Lengthsman scheme funding receipts less in than in 2014-15, because of change to procedure to invoicing Herefordshire Council in arrears -514 Unexplained -16 Confirm unexplained amount is less than 15% of 2015 figure YES
Annual-Return-Variances-2015-16.docx