Appendix 1 

Ashdown Forest Finances to 31 March 2024

Income and Expenditure Forecast and Budget Summary

Core Budget and Countryside Stewardship Budget Combined

	2023/24 Original Budget	2023/24 Current Budget	2023/24 Forecast
CORE INCOME	£	£	£
Licences & Forest Rate	188,670	188,670	201,561
Unrestricted funding (WDC, AFT, T/PCs)	324,348	324,348	464,527
Income generation and Donations	23,280	23,280	18,912
Forest Products incl. Meat and Deer Carcasses	20,881	20,881	23,750
Visitors	38,745	38,745	17,321
Financial	240	240	4,792
Recharges from Countryside Stewardship programme	177,243	177,243	185,574
Unrestricted Core Income	773,407	773,407	916,437
Other Restricted Core Funding/Grants (specific purpose)	31,419	31,419	33,500
TOTAL CORE INCOME	804,826	804,826	949,937
COUNTRYSIDE STEWARDSHIP INCOME
Grant funding for CS work programme	605,168	605,168	654,589
TOTAL CS INCOME	605,168	605,168	654,589
TOTAL CORE AND COUNTRYSIDE STEWARDSHIP INCOME	1,409,994	1,409,994	1,604,526
	2023/24 Original Budget	2023/24 Current Budget	2023/24 Forecast
CORE EXPENDITURE	£	£	£
Core Forest Staff Costs	370,726	370,726	346,791
Operational expenses	230,738	230,738	317,626
Administration Overheads	115,642	115,643	164,806
Financial	22,988	22,988	32,445
Visitors	23,032	23,032	5,174
Expenditure from Ringfenced Funding (primarily education prog)	16,603	16,603	42,646
Core capital expenditure	-	-	28,035
TOTAL CORE EXPENDITURE	779,729	779,729	937,523
COUNTRYSIDE STEWARDSHIP EXPENDITURE
Countryside Stewardship Work Programme Project Expenditure	412,510	352,510	323,586
Staff Costs	332,261	392,261	386,613
TOTAL COUNTRYSIDE STEWARDSHIP EXPENDITURE	744,771	744,771	710,199
TOTAL CORE AND COUNTRYSIDE STEWARDSHIP EXPENDITURE	1,524,500	1,524,500	1,647,722
SURPLUS OF INCOME OVER EXPENDITURE	(114,506)	(114,506)	(43,197)
Core Budget surplus/(deficit)	25,097	25,097	12,413
CS Budget surplus/(deficit)	(139,603)	(139,603)	(55,610)
Total Budget surplus/(deficit)	(114,506)	(114,506)	(43,197)