Bank Reconciliation (Between Box 7 and Box 8) 2025
Return To Finance and Governance PageReconciliation between Box 7 and Box 8 in Section 2 – pro forma
(applies to Accounting Statements prepared on an income and expenditure basis only)
Please complete the highlighted boxes.
Name of smaller authority: MILLOM TOWN COUNCIL
There should only be a difference between Box 7 and Box 8 where the Accounting Statements
(Section 2 of the AGAR) have been prepared on an income and expenditure basis and there have been
adjustments for debtors/prepayments and creditors/receipts in advance at the year end. Please
provide details of the year end adjustments, showing how the net difference between them is equal
to the difference between Boxes 7 and 8.
| Box 7: Balances carried forward | £ | 218,457.00 |
| Deduct: Debtors (enter these as negative numbers) | ||
| 1 | 0.00 | |
| 2 | ||
| 3 | ||
| Deduct: Payments made in advance (prepayments) (enter these as negative numbers) | ||
| 1 | 0.00 | |
| 2 | ||
| Total deductions | – | |
| Add: Creditors (must not include community infrastructure levy (CIL) receipts) (enter these as positive numbers) | ||
| 1 | – | |
| 2 | – | |
| Add: Receipts in advance (must not include deferred grants/loans received) (enter these as positive numbers) | ||
| 1 | – | |
| 2 | – | |
| Total additions | – | |
| Box 8: Total cash and short term investments | £ | 218,457.00 |