ADDENDUM
Reserves Statement - Following 2010/11 Final Accounts
2010/11 SOA Summary
VALUES
Reserve
Purpose and Use of Reserve
Balance at
Balance at
Transfers Transfers In
31 March
31 March
Out 2010/11 2010/11
2011
2010
Updated
Budgeted
2011/12
Movement
Balance at
1/4/2012
Budgeted
2012/13
Movement
Balance at
1/4/2013
Budgeted
2013/14
Movement
Balance at
1/4/2014
Budgeted
2014/15
Movement
Balance at
1/4/2015
£
£
£
£
£
£
£
£
A working balance and contingency, current
recommended balance is £950,000. This also
General Fund includes the rellocation of a number of
General Reserve previously earmarked reserves to be used over
1,057
(122)
393
1,328
485
1813
(200)
1613
(200)
1413
(100)
1313
1,124
(227)
605
1,502
(83)
1419
5
1424
5
1429
8
1436
90
0
90
180
(180)
0
0
0
0
0
0
0
107
(65)
0
42
(41)
0
0
0
0
0
0
0
474
(372)
520
622
(622)
0
0
0
0
0
0
97
(38)
12
71
(37)
34
(34)
0
0
0
0
0
76
0
0
76
(76)
0
0
0
0
0
0
0
19
(7)
10
22
0
22
31
(26)
22
27
(27)
0
0
0
0
0
0
0
428
(428)
644
644
0
644
0
644
0
644
0
644
162
(80)
0
82
(83)
0
0
0
0
0
0
0
39
(9)
0
30
(30)
0
0
0
0
0
0
0
40
0
40
80
(80)
0
30
30
30
60
30
90
the next four years.
Earmarked Reserves:
To provide funding for capital developments and
Capital Projects purchase of major assets. This includes the
VAT Shelter Receipt.
Organisational
Development
To provide funding for organisation development
to create capacity within the organisation and
address anomalies within the pay structure.
Coast Protection
To support the ongoing coast protection
maintenance programme.
Pathfinder
Asset
Management
Sheringham
Splash
Sports Hall
Equipment
To help Coastal Communities adapt to coastal
changes.
To support improvements to our existing assets
as identified through the Asset Management
Plan.
Earmarked for repairs and renewals for the
Splash facility, from repair budget underspends
in the year.
To support renewals for sports hall equipment.
Amount transferred in the year represents over
or under achievement of income target.
Local Strategic
Partnership
To deliver the corporate training programme.
Training and development programmes are
sometimes not completed in the year but are
committed and therefore funding is carried
forward in an earmarked reserve.
To ring fence underspends on the LSP for future
liabilities and service delivery.
Environmental
Health
Earmarking of underspends for future liabilities
associated with expansion of the waste service.
Environmental
Policy
Earmarking of a previous underspend to meet
future costs of environmental policy initiatives.
Common
Training
22
22
22
Established to meet costs associated with
Election Reserve district council elections, to smooth the impact
between financial years.
Land Charges
New burdens personal search fee grant.
0
0
50
50
0
50
0
50
0
50
0
50
Local
Development
Framework
Earmarked to fund the examination and
associated costs for the LDF process.
44
(44)
0
0
0
0
0
0
0
0
0
0
M:\909\WPDATA\NEW COMMITTEES\Cabinet\2011\3 October 2011\Final\Corporate Plan\Addendum
ADDENDUM
Reserves Statement - Following 2010/11 Final Accounts
2010/11 SOA Summary
VALUES
Balance at
Balance at
Transfers Transfers In
31 March
31 March
Out 2010/11 2010/11
2011
2010
Updated
Budgeted
2011/12
Movement
Balance at
1/4/2012
Budgeted
2012/13
Movement
Balance at
1/4/2013
Budgeted
2013/14
Movement
Balance at
1/4/2014
Budgeted
2014/15
Movement
Balance at
1/4/2015
£
£
£
£
£
£
£
£
Reserve
Purpose and Use of Reserve
LSVT Reserve
To meet the cost of successful warranty claims
not covered by bonds and insurance following
the housing stock transfer.
435
0
0
435
0
435
0
435
0
435
0
435
Regeneration
Projects
Earmarked from previous underspends for
regeneration projects.
105
(27)
18
96
(58)
0
0
0
0
0
0
0
28
(28)
14
14
0
0
0
0
0
0
0
0
0
0
0
0
588
(192)
8
404
(371)
33
0
33
0
33
0
33
36
(23)
0
13
(13)
0
0
0
0
0
0
0
Arts &
Earmarked from the 2007/08 under spend for
Community
arts and community projects.
Projects
Housing and Planning Delivery Grant (HPDG):
HPDG Revenue
Carry forward of any unspent HPDG for use on
related revenue/capital projects.
HPDG - Capital
Housing
Homelessness grant funding received in
previous years.
154
0
155
309
(142)
75
(75)
0
0
0
0
0
Concessionary
Fares
To underwrite the potential increased costs
resulting from ongoing claims by the bus
operators.
150
0
0
150
(111)
39
0
39
0
39
0
39
Benefits
To be used to mitigate any claw back by the
Department of Works and Pensions following
final subsidy determination.
845
(296)
200
749
(470)
200
0
200
0
200
0
200
479
(221)
82
340
137
477
0
477
0
477
0
477
40
(4)
0
36
(36)
0
0
0
0
0
0
0
10
0
0
10
0
10
0
10
0
10
0
10
49
(12)
10
47
(10)
37
0
37
0
37
0
37
0
0
15
15
(15)
0
0
0
0
0
0
273
0
0
273
0
273
0
273
0
273
0
273
6,980
(2,221)
2,888
7,647
(1862)
5562
(274)
5288
(165)
5123
(63)
5060
Restructuring
To be used for restructuring costs including oneoff redundancy and pension strain costs and
and Invest to
Save Proposals invest to save projects.
Carbon
Management
To fund revenue invest to save initiatives as part
of the Council's Carbon Management Plan.
Whistle blowing Commissioning investigation activity.
Legal &
Democratic
Services
Pier
Grassed Area
Deposits
Total Reserves
Funding for Compulsory Purchase Order (CPO)
work and other one-off work as required.
To fund future repair costs for the pier.
M:\909\WPDATA\NEW COMMITTEES\Cabinet\2011\3 October 2011\Final\Corporate Plan\Addendum