Explanation of Variances
2025/26
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Millom Without Parish Council
Governance/Audit
Variances
Explanation of variances 2025/26 – pro forma
Name of smaller authority: MILLOM without PARISH COUNCIL
Insert figures from Section 2 of the AGAR in all Blue highlighted boxes
Now, please provide full explanations, including numerical values, for the following that will be flagged in the green boxes where relevant: • variances of more than 15% between totals for individual boxes (except variances of less than £500); • variances of more than £100,000 must be explained even where this constitutes less than 15%;
Please ensure variance explanations are quantified to reduce the variance excluding stated items below the 15% / £500 / £100,000 threshold
| Item | 2026 | 2025 | Variance | Variance | Item | Item | Item | Explanation Required? | DO NOT OVERWRITE THE BOXES HIGHLIGHTED IN RED/GREEN | Explanation (must include narrative and supporting figures) Note: If an explanation is required for the variance of Box 4 and the explanation refers to a change in hours or a change in pay rates, please could you note the previous hours/rates and the updated hours/rates |
|---|---|---|---|---|---|---|---|---|---|---|
| Item | £ | £ | £ | % | Item | Is > 15% | Is > £100,000 | Item | Item | Item |
| 1 Balances Brought Forward | 22929 | 22155 | Explanation of % variance from PY opening balance not required – Balance brought forward agrees | |||||||
| 2 Precept or Rates and Levies | 12000 | 12000 | 0 | 0 | 0 | 0 | 0 | NO | NO | |
| 3 Total Other Receipts | 2229 | 6176 | -3947 | 0.63908678756477 | 0 | 1 | 1 | YES | NO | Difference btw 24/25 & 25/26 Garage land leases £15, Interest on reser acct (£99) Vat (£3844), Misc receipts (£19) (Total (£3947) |
| 4 Staff Costs | 2870 | 2528 | 342 | 0.13528481012658 | 0 | 0 | 0 | NO | NO | |
| 5 Loan Interest/Capital Repayment | 0 | 0 | 0 | 0 | 0 | 0 | 0 | NO | NO | |
| 6 All Other Payments | 11182 | 14874 | -3692 | 0.24821836762135 | 0 | 1 | 1 | YES | NO | Difference btw 24/25 & 25/26 Clerks& councils exps £146, Internal Auditors fee £45, External Auditors fee (£252), CALC subs £4, Website costs (£2157), Donations/fees £270, Gen maint £714, Misc Purchases (£842), Misc Expenses (£106), Hall rental £274, Projects (£2556), Play area inspection etc £769 Total (£3691) |
| 7 Balances Carried Forward | 23106 | 22929 | 177 | 0.0077194818788434 | 0 | 0 | 0 | NO | NO | |
| 8 Total Cash and Short Term Investments | 23106 | 22930 | 176 | 0.0076755342346271 | 0 | 0 | 0 | NO | NO | |
| 9 Total Fixed Assets plus Other Long Term Investments and Assets | 58443 | 59336 | -893 | 0.015049885398409 | 0 | 1 | 0 | NO | NO | |
| 10 Total Borrowings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | NO | NO |
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