SECTION 1 – THE STATEMENT OF ACCOUNTS

 In completing the boxes below, please explain any significant variances on a separate sheet and send this to the external auditor together with a copy of your bank reconciliation as at 31^st March 2005.  See page 6 and the Practitioners’ Guide for guidance.

YEAR ENDING

Notes and guidance for compilers

31^st March

2004

31^st March

2005

Please round all figures to the nearest £.  Do not leave any boxes bland and report £0 or Nil balances.  All figures must agree to the councils underlying financial record for the relevant year.

1: Balance brought

     forward

32321

27820

Total balances and reserves at the beginning of the year as recorded in the councils financial records.

2:  (+) Annual Precept

7500

7500

Total Amount of precept income received in the year.

3:  (+) Total other   

            receipts

2099

3035

Total income or receipts as recorded in the cashbook minus the precept

4:  (-) Staff Costs

4200

4560

Total expenditure or payments made to and on behalf o all council employees.  Include salaries and wages, PAYE and NI (employees and employers), pension contributions and related expenses.

5:  (-) Loan Interest/

      Capital repayments

NIL

NIL

Total expenditure or payments of capital and interest made during the year on the councils borrowings (if any)

6:  (-) Total other

          payments

9900

7047

Total expenditure or payments as recorded in the cashbook minus staff cost (line 4) and loan interest/capital repayments (line 5)

7:  (=) Balances carried

           forward

27820

26748

Total balances and reserves at he end of the year.  (must equal (1+2+3) – (4+5+6) )

8:  Total cost &

      Investments

27820

26748

The sum of all current and deposit bank accounts, cash holdings and investments held as at 31 March – to agree with bank reconciliation.

9:  Total fixed assets

     and long term assets

18103

18103

The recorded current book value at 31 March of all fixed assets owned by the council and any other long term assets e.g. loans to third parties

10: Total Borrowings

NIL

 NIL

The outstanding capital balance as at 31 March of all loans from third parties (including PWLB)