Appendix 10

Ashdown Forest Finances to 31 March 2022
Combined Income and Expenditure Forecast and Budget Summary
	INCOME SUMMARY	2021/22 Original Budget	2021/22 Final Budget	2021/22 Outturn
	CORE INCOME	£	£	£
	Licences & Forest Rate	211,915	211,915	217,083
	Recharges from Countryside Stewardship programme	123,814	123,815	129,929
	Unrestricted funding (WDC, AFT, T/PCs)	228,100	228,100	78,600
	Income generation and Donations	10,200	17,480	48,304
	Forest Products incl. Meat and Deer Carcasses	37,935	30,155	37,665
	1Visitors	11,200	11,700	7,377
	Financial	200	200	1,588
	Unrestricted Core Income	623,364	623,365	520,546
	Other Restricted Core Funding/Grants (designated for a specific purpose)	34,250	34,250	32,626
	TOTAL CORE INCOME	657,614	657,615	553,172
	COUNTRYSIDE STEWARDSHIP INCOME
	Grant funding for CS work programme	486,115	486,115	424,253
	TOTAL CORE AND COUNTRYSIDE STEWARDSHIP INCOME	1,143,729	1,143,730	977,425
	EXPENDITURE SUMMARY	2021/22 Original Budget	2021/22 Current Budget	2021/22 Outturn
	CORE EXPENDITURE	£	£	£
	Core Forest Staff Costs	354,600	354,600	412,504
	Operational expenses	166,915	166,915	86,317
	Administration Overheads	66,850	67,350	94,698
	Financial	22,010	21,510	13,729
	Visitors	3,300	3,300	2,558
	Expenditure from Ringfenced Funding (primarily education prog)	12,000	4,750	15,524
	Governance/Charity set up	-	-	517
	Core capital expenditure	30,000	30,000	2,342
	TOTAL CORE EXPENDITURE	655,675	648,425	628,189
	COUNTRYSIDE STEWARDSHIP EXPENDITURE
	Countryside Stewardship Work Programme Project Expenditure	219,788	199,215	157,263
	Staff Costs	140,400	160,973	127,787
	Countryside Stewardship Staff Recharges	123,815	123,815	129,929
	TOTAL COUNTRYSIDE STEWARDSHIP EXPENDITURE	484,003	484,003	414,979
	TOTAL CORE AND COUNTRYSIDE STEWARDSHIP EXPENDITURE	1,139,678	1,132,428	1,043,168
	SURPLUS OF INCOME OVER EXPENDITURE	4,051	11,302	(66,384)
	Note: Allocation of surplus	£	£	£
	Surplus / (Deficit) attributable to Core Budget	1,939	9,190	(75,658)
	Surplus / (Deficit) attributable to Countryside Stewardship	2,112	2,112	9,274
		4,051	11,302	(66,384)

Movement in Reserve Balances	Core £	HLS* £	CS £
Reserves at 01/04/2021	396,772	224,204	409,717
Movement in year	(75,658)	-	9,274
Reserve balance at 31/03/2022	321,114	224,204	418,991

* The Higher Level Stewardship (HLS) programme ceased in 2016 the balance of funds will be spent in the spirit of the original agreement under the guidance of Natural England