Appendix 24
|
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) |
Ashdown Forest Medium Term Financial Plan
|
|
2024/25 |
2025/26 |
2026/27 |
2027/28 |
|
INCOME SUMMARY |
£ |
£ |
£ |
£ |
|
Licences & Forest Rate |
204,484 |
208,574 |
212,745 |
217,000 |
|
Unrestricted funding (WDC,T/PCs) |
187,777 |
189,579 |
191,417 |
193,292 |
|
Car Parking |
283,213 |
283,213 |
283,213 |
283,213 |
|
Income generation and Donations |
18,912 |
20,643 |
21,056 |
21,477 |
|
Forest Products incl. Meat and Deer Carcasses |
27,250 |
27,795 |
28,351 |
28,918 |
|
Visitors |
16,792 |
17,128 |
17,470 |
17,820 |
|
Financial |
4,792 |
4,792 |
4,792 |
4,792 |
|
CS Recharges |
185,574 |
244,046 |
246,551 |
249,089 |
|
Other Restricted Funding |
63,500 |
63,500 |
70,750 |
70,750 |
|
Total Core Income |
992,294 |
1,059,270 |
1,076,345 |
1,086,351 |
|
|
|
|
|
|
|
Countryside Stewardship Funding from Natural England |
654,589 |
654,589 |
654,589 |
654,589 |
|
Total Countryside Stewardship Income |
654,589 |
654,589 |
654,589 |
654,589 |
|
TOTAL INCOME |
1,646,883 |
1,713,859 |
1,730,934 |
1,740,940 |
|
|
|
|
|
|
|
2024/25 |
2025/26 |
2026/27 |
2027/28 |
|
|
EXPENDITURE SUMMARY |
£ |
£ |
£ |
£ |
|
Core Forest Staff Costs |
430,231 |
438,836 |
447,612 |
456,565 |
|
Operational expenses |
216,467 |
220,796 |
225,212 |
229,717 |
|
Administration Overheads |
104,084 |
106,166 |
108,289 |
110,455 |
|
Financial |
32,445 |
33,094 |
33,756 |
34,431 |
|
Visitors |
22,650 |
23,103 |
36,767 |
37,668 |
|
Capital purchases -Core |
40,805 |
70,805 |
70,805 |
70,805 |
|
Governance/charity set up |
100 |
102 |
104 |
106 |
|
Car Parking |
119,303 |
121,689 |
124,123 |
126,605 |
|
Expenditure from Ringfenced Funding |
24,810 |
27,639 |
7,250 |
7,250 |
|
Total Core Expenditure |
990,895 |
1,042,230 |
1,053,918 |
1,073,602 |
|
Staff Costs (Countryside Stewardship) |
398,517 |
403,825 |
409,204 |
414,655 |
|
CS Work Programme Project Expenditure |
387,602 |
224,980 |
225,736 |
226,502 |
|
Total CS Expenditure for Funded Projects |
786,119 |
628,805 |
634,940 |
641,157 |
|
|
|
|
|
|
|
TOTAL EXPENDITURE |
1,777,014 |
1,671,035 |
1,688,858 |
1,714,758 |
|
|
|
|
|
|
|
Core Budget Surplus/(Deficit) |
1,399 |
17,040 |
22,427 |
12,749 |
|
CS Budget Surplus/(Deficit) |
(131,530) |
25,784 |
19,649 |
13,432 |
|
Total Budget Surplus/(Deficit) |
(130,131) |
42,824 |
42,076 |
26,182 |
|
Movement in Reserve Balances |
Core £ |
HLS* £ |
CS £ |
|
Reserves at 01/04/2023 |
263,580 |
223,304 |
426,581 |
|
Forecast movement 2023/24 |
12,413 |
- |
(55,610) |
|
Forecast balance 31/3/2024 |
275,993 |
223,304 |
370,971 |
|
Forecast movement 2024/25 |
1,399 |
- |
(131,530) |
|
Forecast balance 31/3/2025 |
277,392 |
223,304 |
239,441 |
*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.