Burton Bradstock Parish Council

Finance Report to 5th January PC Meeting

Overall Financial Position

The annual income and expenditure forecast position versus budget at the end of December 2010 is as follows:

Summary Forecast of the Financial Position for the year 2010/11

 

Forecast

Budget

Variance

Income

£25,235

£24,862

+£373

Expenditure

£25,292

£24,862

-£430

Net Position

-£57

£0

-£57

á      Within the forecast there is £4,000 of discretionary spend which is to cover the tenders. Also this assumes that we will spend all the grant support money.

Full details are available on request.

The reserves position £31,807 after taking account of the carried forward commitment from last year (of £2,345) but this will of course depend on the discretionary items being undertaken in 2010/11.

 

The next Finance meeting will be held on 26th January 2011.

Cheques

The following cheques have been authorised in accordance with the necessary internal controls.

 

Amount

Description

£90.86

Salary for RFO and stamps

£33.75

Cleaning the RR

£581.75

Salary for the Clerk and expenses

£542.51

Quarterly tax and NI

£300.00

Grass cutting September and October

 

Jane Hill

Responsible Financial Officer

Burton Bradstock Parish Council

22th December 2010