Table of Contents
Payments to Approve
| Apr 2025 | Payments to approve | |||||
| Inv Date | To | Details | Net | Vat | Gross | |
| 25/03/2025 | VH cleaner | VH cleaning VH-2025-03-b | 90.00 | 90.00 | ||
| 08/11/2024 | C Light | Grass Cutting | 204.00 | 204.00 | ||
| 19/03/2025 | Staff | Mileage expenses | 8.10 | 8.10 | ||
| SUBTOTAL | 294.00 |
To approve: TCVH-437: £125 village hall deposit refund
Signed by the Chairman of the meeting: _______________________
Note: Expenditure and income is transacted under the General Power of Competence unless otherwise stated on the financial reports.
Payments to Report
| Mar 2025 | Payments approved Clerk-Chairman | |||||
| Inv Date | To | Details | Net | Vat | Gross | |
| 11/03/2025 | VH cleaner | VH cleaning 24-25 TCCPC | 240.00 | 240.00 | ||
| SUBTOTAL | 240.00 |
| Mar 2025 | Regular payments | |||||
| Inv Date | To | Details | Net | Vat | Gross | |
| Staff | Staff salaries, expenses, pension | 2182.78 | 2182.78 | |||
| 03/03/2025 | Water2Business | Utilities – Village Hall | 25.00 | 25.00 | ||
| 10/03/2025 | Source Shaper Ltd t/a Shape Payroll | payroll services | 5.00 | 1.00 | 6.00 | |
| 17/03/2025 | Direct Debit (SCOTTISHPOWER) | Utilities – Village Hall | 177.81 | 8.89 | 186.70 | |
| 31/03/2025 | Unity | Service charge | 6.00 | 6.00 | ||
| SUBTOTAL | 2406.48 | |||||
| Feb 2025 | Credit card payments to note | |||||
| Inv Date | To | Details | Net | Vat | Gross | |
| 27/02/2025 | LEBARA MOBILE LIMITED | mobile phone | 4.13 | 0.83 | 4.95 | |
| 08/03/2025 | EBAY O 09-12801-68840 | EM lights key | 3.25 | 3.25 | ||
| 16/03/2025 | EBAY O 04-12843-81935 | USB cable | 6.46 | 6.46 | ||
| 18/03/2025 | SEC WATCHDOG LIMITED | DBS check | 56.74 | 1.35 | 58.09 | |
| 19/03/2025 | WWW.ARGOS.CO.UK | Microwave | 66.67 | 13.33 | 80 | |
| 26/03/2025 | Lloyds | Bank Fee | 3 | 3.00 | ||
| SUBTOTAL | 155.75 |
Income to report
| Receipts Mar 2025 | |||||||
| Date | Ref | Description | Net | Gross | Sub ex dp | Subtotal | |
| 03/03/2025 | Ref TCVH-423 (for Inv TCVH-436) | Village Hall Booking | 400.00 | 400.00 | |||
| 11/03/2025 | BANES | TCVH-426 VILLAGE H | -125.00 | -125.00 | |||
| 12/03/2025 | Carnival club | Village Hall Booking | 184.00 | 184.00 | |||
| 12/03/2025 | TCVH 429 | Village Hall Booking | 110.00 | 110.00 | |||
| 14/03/2025 | TCVH-428 | Deposit refund | -125.00 | -125.00 | |||
| 25/03/2025 | Tcvh-430 | Village Hall Booking | 174.00 | 174.00 | |||
| 25/03/2025 | HMRC | VAT claim | 2001.20 | 2001.20 | |||
| 31/03/2025 | TCVH-432 | Deposit refund | -125.00 | -125.00 | |||
| 31/03/2025 | TCVH-433 | Deposit refund | -125.00 | -125.00 | |||
| 31/03/2025 | Unity | Bank Interest | 125.22 | 125.22 | |||
| 31/03/2025 | Nationwide | Bank Interest | 198.73 | 198.73 | |||
| SUBTOTAL EXCLUDING DEPOSITS | 2943.15 | ||||||
| SUBTOTAL | 2693.15 |
Bank Reconciliation
| Reconciliation of balances 31 Mar 2025 | ||
| Balance per bank statements | ||
| Current Account Unity | 6,367.57 | |
| Reserve Account Unity | 17,179.71 | |
| Nationwide Savings Acc | 60,000.00 | |
| SUBTOTAL bank statements | 83,547.28 | |
| Less unpresented payments | 0.00 | |
| Unbanked cash | ||
| Reconciling Items: | ||
| Uncleared bank transfer Nationwide to Unity | 198.73 | |
| NET BALANCES | 83,746.01 | |
| The net balances reconcile to the Cash Book (receipts and payments account) as follows: | ||
| Opening Balance at 1 April 2024 | 83,602.29 | |
| Add: Receipts in the year | 54508.11 | |
| Less: Payments in the year | -54364.39 | |
| CLOSING BALANCE per Cash Book | 83,746.01 |
Year to date spend vs Budget and Earmarked Reserves
Budget Commentary:
- The general reserve at 31/3/2025 was £33,266, which is £7387 above the council policy of 6 months expenditure. This is to be reviewed by the council in April 2025
- Bank interest income for the year was higher than expected, mainly due to higher than expected bank interest rates bringing in extra income. Village hall income for the year was lower than expected due to lower than expected bookings. These two factors balanced out to result in expected income being on target.
- £911 savings were made on the insurance renewal premium due to lower than expected renewal figures
- £685 savings were made on staff costs due to lower than expected NJC negotiated pay rise
- £1468 was saved in grant costs due to lower than expected valid grant applications. Grant application criteria are published on the website.
- £1647 savings were made in open spaces costs due to lower than expected maintenance and tree surgery costs. A large proportion of this was saved due to the cancellation of the garage hire contract. This was replaced with the purchase of a container from ear marked reserves
- £2757 costs were saved in village hall running costs due to lower than expected bookings. £500 of this was saved in marketing costs due to the booking of new regular hirers for 25/26 coming in via word of mouth recommendations.
Note: Expenditure and income is transacted under the General Power of Competence unless otherwise stated on the financial reports. This includes all transactions from 16th May 2023 when the GPOC was adopted (Min ref: 2305_[9]) until the next election expected in 2027
- Posted: 3rd April 2025
- Version: 1.1