Ryde Town Council
PAPER F
Summary of Receipts and Payments
All Cost Centres and Codes (Between 01/04/2021 and 31/12/2021)
1.1 FINANCE COMMITTEE -
Receipts
Payments
Net Position
Comments
Code Title
Budgeted
Actual
Variance
Budgeted
Actual
Variance
+/- Under/over spend
1
Salaries RTC
279,800.00
187,162.38
92,637.62
92,637.62
33%
2
Employers NI
19,400.00
12,721.23
6,678.77
6,678.77
34%
3
Pension Contributions
44,900.00
40,292.23
4,607.77
4,607.77
10%
4
Payroll Admin
1,500.00
1,228.50
271.50
271.50
18%
5
Mileage allowances
0.00
6
HR Services
12,900.00
8,910.00
3,990.00
3,990.00
31%
90
Kickstart Placements
20,490.00
58,750.17
38,260.17
22,500.00
64,158.63
-41,658.63
5,783.59
13%
91
Kickstart Administration
10,000.00
6,960.00
-3,040.00
10,000.00
11,745.54
-1,745.54
794.46
3%
100
Salaries reserve
41,135.00
30,697.28
10,437.72
10,437.72
25%
SUB TOTAL
30,490.00
65,710.17
35,220.17
432,135.00
356,915.79
75,219.21
125,201.43
24%
1.2 FINANCE COMMITTEE O
Receipts
Payments
Net Position
Code Title
Budgeted
Actual
Variance
Budgeted
Actual
Variance
+/- Under/over spend
7
IT Support
8,500.00
6,499.97
2,000.03
2,000.03
24%
8
Mayors Honararium
500.00
-500.00
100.00
600.00
-500.00
-500.00
-83%
Net spend is £100
9
Newsletter
8,000.00
3,325.00
4,675.00
4,675.00
58%
10
Training
2,000.00
2,278.59
-278.59
-278.59
-14%
11
Broadband and phone services
4,000.00
2,582.88
1,417.12
1,417.12
35%
12
General Admin and Supplies
5,311.67
5,311.67
20,000.00
19,556.87
443.13
5,755.80
29%
13
Member Computer Supplies
200.00
200.00
200.00
100%
14
Advertising
2,000.00
561.60
1,438.40
1,438.40
72%
15
Audit
2,300.00
2,300.00
0%
16
Subscriptions
2,000.00
256.93
1,743.07
1,743.07
87%
17
Insurance - RTC
4,000.00
4,109.18
-109.18
-109.18
-3%
18
Professional Indemnity Insuran
6,100.00
6,100.00
0%
19
Website
1,000.00
602.86
397.14
397.14
40%
20
Meeting Room Hire
1,200.00
810.00
390.00
390.00
33%
103
Elections
10,000.00
10,000.00
0%
SUB TOTAL
500.00
5,311.67
4,811.67
71,400.00
59,583.88
11,816.12
17,128.79
23%
1.3 FINANCE COMMITTEE G
Receipts
Payments
Net Position
Code Title
Budgeted
Actual
Variance
Budgeted
Actual
Variance
+/- Under/over spend
21
Community grants
21,000.00
13,839.00
7,161.00
7,161.00
34%
22
Marketing Grants
15,000.00
15,000.00
15,000.00
100%
23
Community Connector
20,000.00
30,000.00
-10,000.00
-10,000.00
-50%
No accrual made for previous year
24
New carnival Company
5,500.00
5,500.00
0%
25
Classic Car Show
1,657.40
1,657.40
5,000.00
5,000.00
1,657.40
33%
26
Ryde Arts Festival
5,000.00
5,000.00
0%
27
Harp on Wight
2,700.00
2,700.00
0%
28
Aspire
15,000.00
15,000.00
0%
29
Community Rail Partnership
2,000.00
2,000.00
2,000.00
100%
30
Management of Countryside sit
31
Waterside Community Trust
20,000.00
20,000.00
0%
32
Warmer Homes - previous year
4,833.09
-4,833.09
-4,833.09
-100%
No accrual made for previous year
33
Town Marketing
254.00
254.00
29,000.00
10,513.47
18,486.53
20,240.53
65%
92
Wight Wave
8,000.00
8,000.00
0%
93
IOW Bus Museum
7,000.00
7,000.00
0%
95
Countryside Sites
10,000.00
10,000.00
0%
96
The Footprint Trust
8,000.00
8,000.00
0%
102
Waterside Splashpool
10,000.00
10,000.00
10,000.00
100%
104
Appley Tower
40,000.00
40,000.00
40,000.00
100%
SUB TOTAL
1,911.40
1,911.40
223,200.00
145,385.56
77,814.44
81,225.84
36%
2.1 FACILITIES AND ASSET
Receipts
Payments
Net Position
Code Title
Budgeted
Actual
Variance
Budgeted
Actual
Variance
+/- Under/over spend
34
Appley Steps
200.00
200.00
200.00
100%
35
Beach Safety
21,500.00
21,500.00
0%
36
Lifeguard Station
1,200.00
1,635.00
-435.00
-435.00
-36%
Urgent repairs needed
F - 1
37
Beach Cleaning
40,000.00
34,621.49
5,378.51
5,378.51
13%
38
Additional Summer Bin Collecti
3,000.00
3,000.00
3,000.00
100%
SUB TOTAL
65,900.00
57,756.49
8,143.51
8,143.51
12%
2.2 St THOMAS CHURCH
Receipts
Payments
Net Position
Code Title
Budgeted
Actual
Variance
Budgeted
Actual
Variance
+/- Under/over spend
39
ST Electric
1,000.00
240.68
759.32
759.32
76%
40
ST Insurance
1,000.00
1,000.00
0%
41
ST Renovations
11,250.00
-11,250.00
9,303.00
6,800.00
5,305.50
5,305.50
£7,303 from Earmarked reserves due to business rates
57%
refund, this has since been withdrawn by IWC but St
Thomas' costs committed.
42
ST Business Rates
1,700.00
1,700.00
1,700.00
100%
43
ST Water
1,000.00
1,000.00
1,000.00
100%
44
ST Loan repayments
12,200.00
6,087.92
6,112.08
6,112.08
50%
SUB TOTAL
11,250.00
26,203.00
14,128.60
14,876.90
14,876.90
57%
2.3 VECTIS HALL
Receipts
Payments
Net Position
Code Title
Budgeted
Actual
Variance
Budgeted
Actual
Variance
+/- Under/over spend
45
VH Security
82.80
82.80
1,000.00
440.54
559.46
678.26
64%
46
VH Insurance
1,000.00
1,000.00
(0%)
47
VH Repairs
15,000.00
-15,000.00
15,000.00
1,758.40
13,241.60
-1,228.40
-6%
48
VH Loan Charges
Savings on interest as loan has only just been drawn
down
SUB TOTAL
15,000.00
82.80
-14,917.20
17,000.00
3,198.94
13,801.06
-550.14
-3%
2.4 LIND STREET OFFICES
Receipts
Payments
Net Position
Code Title
Budgeted
Actual
Variance
Budgeted
Actual
Variance
+/- Under/over spend
49
LS Rent
24,200.00
21,386.72
2,813.28
2,813.28
12%
50
LS Business Rates
4,200.00
4,141.70
58.30
58.30
1%
51
LS Utilities
3,500.00
1,093.42
2,406.58
2,406.58
69%
52
LS Cleaning
4,000.00
1,952.25
2,047.75
2,047.75
51%
53
LS Facilities Management
5,000.00
4,084.34
915.66
915.66
18%
SUB TOTAL
40,900.00
32,658.43
8,241.57
8,241.57
20%
2.5 FACILITES AND ASSET
Receipts
Payments
Net Position
Code Title
Budgeted
Actual
Variance
Budgeted
Actual
Variance
+/- Under/over spend
54
Allotments
7,800.00
7,838.71
38.71
15,000.00
7,993.96
7,006.04
7,682.75
31%
55
Decorative Lighting
25,000.00
24,739.36
260.64
260.64
1%
56
Environment Officer
17,300.00
5,767.00
11,533.00
11,533.00
67%
57
Flagpole
200.00
200.00
200.00
100%
58
Town Planting & watering
117.00
117.00
34,100.00
31,691.27
2,408.73
2,525.73
7%
59
Island Games Water Feature
200.00
200.00
200.00
100%
60
Memorial Wreath
300.00
39.97
260.03
260.03
87%
61
Park services
38,300.00
13,322.47
24,977.53
24,977.53
65%
62
Playground Equipment
24,000.00
24,000.00
0%
63
Public Conveniences
960.00
960.00
72,000.00
57,618.38
14,381.62
20,431.42
21%
64
Ryde in Bloom
1,500.00
87.74
1,412.26
1,412.26
94%
65
Skatepark
20,000.00
12,158.34
7,841.66
7,841.66
39%
SUB TOTAL
7,800.00
8,915.71
1,115.71
247,900.00
177,418.49
70,481.51
77,325.02
28%
2.6 NETWORK RYDE
Receipts
Payments
Net Position
Code Title
Budgeted
Actual
Variance
Budgeted
Actual
Variance
+/- Under/over spend
Network Ryde
2,000.00
27,408.38
25,408.38
190,000.00
147,759.22
56,240.78
89,939.88
43%
3.1 ACQUISITIONS AND CO
Receipts
Payments
Net Position
Code Title
Budgeted
Actual
Variance
Budgeted
Actual
Variance
+/- Under/over spend
66
Seed Funding
999.00
999.00
50,000.00
49,784.39
215.61
1,214.61
2%
67
Beach Hire Equipment
25,000.00
5,817.89
-19,182.11
10,000.00
7,065.50
2,934.50
-16,247.61
-46%
68
Ryde Theatre
31,100.00
31,100.00
31,100.00
100%
89
Ryde Harbour Acquisition Repo
15,000.00
7,473.10
7,526.90
7,526.90
50%
F - 2
SUB TOTAL
25,000.00
6,816.89
-18,183.11
106,100.00
64,322.99
41,777.01
23,593.90
18%
4.1 PLANNING AND REGEN
Receipts
Payments
Net Position
Code Title
Budgeted
Actual
Variance
Budgeted
Actual
Variance
+/- Under/over spend
69
Public realm
25,000.00
25,000.00
25,000.00
100%
71
Planning
10,000.00
1,039.33
8,960.67
8,960.67
90%
72
Greening Ryde
5,000.00
5,000.00
5,000.00
100%
70
HSAZ
100,000.00
6,265.00
93,735.00
93,735.00
94%
SUB TOTAL
140,000.00
7,304.33
132,695.67
132,695.67
95%
5.1 INCOME
Receipts
Payments
Net Position
Code Title
Budgeted
Actual
Variance
Budgeted
Actual
Variance
+/- Under/over spend
73
Precept
1,209,567.00
1,209,567.00
0%
74
Bank Interest
2,000.00
1,026.92
-973.08
-973.08
-49%
Main interest is received in March
94
Refund
(N/A)
SUB TOTAL
1,211,567.00
1,210,593.92
-973.08
-986.42
0%
Summary
NET TOTAL
1,292,357.00
1,324,839.54
32,482.54
1,560,738.00
1,066,432.72
511,107.78
1,063,970.56
19%
V.A.T.
90,254.06
45,862.59
GROSS TOTAL
1,415,093.60
1,112,295.31
Reserves
Receipts
Payments
Net Position
Code Title
Budgeted
Actual
Variance
Held
Spent
Variance
Remaining
116
General Reserves BF
125,000.00
-125,000.00
265,221.15
15,151.36
250,069.79
375,069.79
32%
99
Capital Expediture
87,053.00
14,718.50
72,334.50
72,334.50
83%
£13.6k to be reclaimed via grants
115
Youth Support - EM Reserves
14,000.00
95.58
13,904.42
13,904.42
99%
70 HSAZ
27,000.00
125,000.00
-125,000.00
393,274.15
29,965.44
336,308.71
461,308.71
41%
F - 3