Item 2.2.3 Premises and Accommodation All costs relating to premises, including rent and non-vehicle cleaning costs. Item 2.2.4 Depreciation of Assets All costs relating to the depreciation of all assets. Item 2.2.5 Promotion and Advertising Costs All costs associated with promoting and advertising the service. Item 2.2.6 Loss on Sale of Assets All losses occurred in the sale of an asset. Item 2.2.7 Management Fees Management fees, or general overhead recovery charges, allocated to the activity by Service Providers. The attributed cost must be proportionate to the level of support actually provided to the activity. Include non-vehicle insurance in this item. Item 2.2.8 Other Support and Administration Costs All other support and administration costs, including audits, accounting fees, non-vehicle maintenance, lodgement/legal fees, printing/postage/stationery, communication utilities, conferences/forums, consultancies and other costs not included above. Item 2.3 Total Expenditure The sum of all expenses. 9.3 ITEM 3 OPERATING SURPLUS (DEFICIT) BEFORE APPROPRIATION The Operating Surplus (Deficit) is the Total Income under Item 1 minus the Total Expenditure under Item 2. It relates to the overall surplus or deficit of the service after accounting for all income and expenditure items. 9.4 ITEM 4 RETAINED EARNINGS This is the balance remaining after taking into account transactions with the Asset Replacement Reserve cash set aside for future major asset replacement (almost invariably – vehicles) and/or cash withdrawn from that Reserve to pay for major asset replacement during the financial year. This final figure is transferred to the Balance Sheet. CTSP are required to return this amount to by 31 October unless written approval is received prior to this date. 10.0 BALANCE SHEET
Item 2.2.3 Premises and Accommodation All costs relating to premises, including rent and non-vehicle cleaning costs. Item 2.2.4 Depreciation of Assets All costs relating to the depreciation of all assets. Item 2.2.5 Promotion and Advertising Costs All costs associated with promoting and advertising the service. Item 2.2.6 Loss on Sale of Assets All losses occurred in the sale of an asset. Item 2.2.7 Management Fees Management fees, or general overhead recovery charges, allocated to the activity by Service Providers. The attributed cost must be proportionate to the level of support actually provided to the activity. Include non-vehicle insurance in this item. Item 2.2.8 Other Support and Administration Costs All other support and administration costs, including audits, accounting fees, non-vehicle maintenance, lodgement/legal fees, printing/postage/stationery, communication utilities, conferences/forums, consultancies and other costs not included above. Item 2.3 Total Expenditure The sum of all expenses. 9.3 ITEM 3 OPERATING SURPLUS (DEFICIT) BEFORE APPROPRIATION The Operating Surplus (Deficit) is the Total Income under Item 1 minus the Total Expenditure under Item 2. It relates to the overall surplus or deficit of the service after accounting for all income and expenditure items. 9.4 ITEM 4 RETAINED EARNINGS This is the balance remaining after taking into account transactions with the Asset Replacement Reserve – cash set aside for future major asset replacement (almost invariably vehicles) and/or cash withdrawn from that Reserve to pay for major asset replacement during the financial year. This final figure is transferred to the Balance Sheet. CTSP are required to return this amount to by 31 October unless written approval is received prior to this date. 10.0 BALANCE SHEET
audit-package-2015-2016.docx