Appendix 1
|
Income and Expenditure Forecast and Budget Summary |
|
Core Budget and Countryside Stewardship Budget Combined |
|
2024/25 Original Budget |
2024/25 Current Budget |
2024/25 Forecast |
|
|
CORE INCOME |
£ |
£ |
£ |
|
Licences & Forest Rate |
204,485 |
204,485 |
207,025 |
|
Unrestricted funding (WDC, AFT, T/PCs) |
470,990 |
470,990 |
555,953 |
|
Income generation and Donations |
18,913 |
18,913 |
22,027 |
|
Forest Products incl. Meat and Deer Carcasses |
27,250 |
27,250 |
23,040 |
|
Visitors |
16,792 |
16,792 |
20,768 |
|
Financial |
4,792 |
4,792 |
15,000 |
|
Recharges from Countryside Stewardship programme |
185,574 |
185,574 |
171,997 |
|
Unrestricted Core Income |
928,796 |
928,796 |
1,015,810 |
|
Other Restricted Core Funding/Grants (specific purpose) |
63,500 |
63,500 |
170,000 |
|
|
|
|
|
|
TOTAL CORE INCOME |
992,296 |
992,296 |
1,185,810 |
|
|
|||
|
COUNTRYSIDE STEWARDSHIP INCOME |
|
|
|
|
Grant funding for CS work programme |
654,589 |
654,589 |
748,281 |
|
TOTAL CS INCOME |
654,589 |
654,589 |
748,281 |
|
TOTAL CORE AND COUNTRYSIDE STEWARDSHIP INCOME |
1,646,885 |
1,646,885 |
1,934,071 |
|
|
|
|
|
|
|
2024/25 Original Budget |
2024/25 Current Budget |
2024/25 Forecast |
|
CORE EXPENDITURE |
£ |
£ |
£ |
|
Core Forest Staff Costs |
430,231 |
430,231 |
459,176 |
|
Operational expenses |
335,769 |
335,769 |
334,974 |
|
Administration Overheads |
104,084 |
104,084 |
108,483 |
|
Financial |
32,445 |
32,445 |
32,024 |
|
Visitors |
22,650 |
22,650 |
11,576 |
|
Expenditure from Ringfenced Funding (primarily education prog) |
24,810 |
24,810 |
146,182 |
|
Core capital expenditure |
40,805 |
40,805 |
75,805 |
|
Governance/Charity set-up |
100 |
100 |
1,600 |
|
TOTAL CORE EXPENDITURE |
990,894 |
990,894 |
1,169,820 |
|
|
|||
|
COUNTRYSIDE STEWARDSHIP EXPENDITURE |
|
|
|
|
Countryside Stewardship Work Programme Project Expenditure |
387,603 |
331,603 |
334,738 |
|
Staff Costs |
398,517 |
398,517 |
347,527 |
|
Countryside Stewardship Staff Recharges |
|
56,000 |
40,000 |
|
TOTAL COUNTRYSIDE STEWARDSHIP EXPENDITURE |
786,119 |
786,120 |
722,265 |
|
TOTAL CORE AND COUNTRYSIDE STEWARDSHIP EXPENDITURE |
1,777,014 |
1,777,014 |
1,892,085 |
|
|
|||
|
SURPLUS OF INCOME OVER EXPENDITURE |
(130,129) |
(130,129) |
(41,986) |
|
|
|
|
|
|
Core Budget surplus/(deficit) |
1,402 |
1,402 |
15,990 |
|
CS Budget surplus/(deficit) |
(131,531) |
(131,531) |
(25,996) |
|
Total Budget surplus/(deficit) |
(130,129) |
(130,129) |
(41,986) |