2025/26 and 2026/27 Financial Statements
Perth and Kinross Council · 29 April 2026
Back to Crieff Common Good Fund Committee — 29 April 2026 and its agenda
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open Our vision is a Perth and Kinross where everyone can live life well, free from poverty and inequality ___________________________________________________________________ Committee: Crieff Common Good Fund Committee Date of Meeting: 29 April 2026 Report Title: 2025/26 and 2026/27 Financial Statements Report Number: 26/118 Report Author: Alison O’Brien, Corporate Accounting Manager Organisational Lead: Scott Walker, Chief Finance Officer ___________________________________________________________________ 1. Purpose 1.1 The purpose of this report is to provide details of the income and expenditure to 31 March 2026, seek approval of the 2026/27 budget for the Crieff Common Good Fund and provide the projected outturn for 2026/27. 1.2 Sections 1. Purpose 2. Recommendation 3. Background/Context 4. Main Issues 5. Conclusion 6. Impact Value Assessment 7. Appendices 2. Recommendation It is recommended that the Committee: 2.1 Note the unaudited income and expenditure to 31 March 2026, and the projected outturn for 2025/26, as set out in Appendix 1. 2.2 Approve the Crieff Common Good Fund budget for 2026/27 as set out in Appendix 2 to the report. 2.3 Note the projected outturn for 2026/27 as detailed in Appendix 2.
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3. Background/Context 3.1 This report provides details of the income and expenditure to 31 March 2026, seeks approval of the 2026/27 budget for the Crieff Common Good Fund and provide the projected outturn for 2026/27. 4. Main Issues Financial Statement 2025/26 4.1 As detailed in Appendix 1, following the update to Committee on 18 August 2025 (Report 25/197 refers) the projected surplus has reduced to £244 – a movement of £456 from the position reported in August 2025. This is due to an increase in Financial Assistance provided. The projected Fund balance as at 31 March 2026 is £16,189 – a movement of £456 since the previous report. Budget 2026/27 4.2 Appendix 2 provides the proposed budget for 2026/27. The Financial Assistance budget has been maintained at £1,500. The only change to the budget from the previous year has been a reduction of £100 in the interest income which is due to falling interest rates, and the budget delivers a £600 surplus to provide a contingency for unforeseen expenditure during the year. Financial Statement 2026/27 4.3 On the basis of Appendix 2, it is anticipated that a surplus of £600 will be generated in 2026/27 and the Fund’s Revenue Account Balance is estimated to be £16,789 as at 31 March 2027. 5 Conclusion 5.1 As detailed in Appendix 1, the projected surplus for the Fund for 2025/26 is £244 and the anticipated Fund balance at 31 March 2026 is £16,189. 5.2 As detailed in Appendix 2, the proposed budget for 2026/27 remains the same as 2025/26 with the projected surplus for the Fund for 2026/27 is £600 and the anticipated Fund balance at 31 March 2027 is £16,789. 6. Impact Value Assessment 6.1 This is an operational report, and as such, an impact and value assessment is not required. 7. Appendix 7.1 Appendix 1 – Crieff Common Good Fund – Financial Statement for Period to 31 March 2026.
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7.2 Appendix 2 – Crieff Common Good Fund - Financial Statement for 2026/27.