Attachment 1.1
Bank reconciliation
This reconciliation must include all bank and building society accounts and other short-term investments*. It must agree to Box 8 in the column headed “Year ending 31 March 2021” in Section 2 of the Annual Return. It will also agree to Box 7 where the accounts are prepared on a receipts and payments (cash) basis.
Parish Council Name ILAM PARISH COUNCI:
Financial year ending 31 March 2021
Prepared by Paul R Watson, Clerk & RFO (Name and Position) Date 22/04/2021
Balance per bank statements as at 31 March 2021: |
£ |
£ |
|
e.g. Current account |
1076.64 |
|
|
High interest account |
N/A |
|
|
Building society premium a/c |
N/A |
|
|
|
|
1076.64 |
|
Petty cash float (if applicable) |
N/A |
|
|
Less: any unpresented cheques at 31 March 2020 (normally only current account) |
|
|
|
Cheque number 000097
|
60.00 |
|
|
|
|
1016.64 |
|
Add: any un-banked cash at 31 March 2021 |
|
|
|
e.g. Allotment rents banked 31 March 2021 (but not credited until 1 April) |
0.00
|
|
|
Net balances as at 31 March 2021 |
|
1016.64 |
|
|
|
|
|
The net balances reconcile to the Cash Book (receipts and payments account) for the year, as follows:
|
|
||
CASH BOOK
Opening Balance 1 April 2020 Add: Receipts in the year Less: Payments in the year
|
702.85 1000.00 686.21 |
|
|
Closing balance per cash book [receipts and payments book] as at 31 March 2020 (must equal net balances above) |
|
1016.64
|
|
* Note: Long-term investments should be excluded from the bank reconciliation and from Section 2, Boxes 1, 7 and 8. They must be shown in Section 2, Box 9 and recorded in the asset and investment register.