Financial Statement for August 2025
Perth and Kinross Council · 18 August 2025
Back to Kinross Common Good Fund Committee — 18 August 2025 and its agenda
Text extracted from the council's PDF. Layout and reading order may differ from the original.
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PKC - GENERAL Our vision is a Perth and Kinross where everyone can live life well, free from poverty and inequality ___________________________________________________________________ Committee: Kinross Common Good Fund Committee Date of Meeting: 18 August 2025 Report Title: 2024/25 & 2025/26 Financial Statement Report Number: 25/195 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 final outturn for 2024/25, actual income and expenditure to 30 June 2025 and the projected outturn for 2025/26 for Kinross Common Good Fund. 1.2 Sections 1. Purpose 2. Recommendations 3. Background/Context 4. Main Issues 5. Conclusion 6. Impact Value Assessment 7. Appendices 2. Recommendations It is recommended that the Committee: 2.1 Note the final outturn to 31 March 2025, as set out in Appendix 1. 2.2 Note the actual and projected income and expenditure to 31 March 2026, as set out in Appendix 2. 3. Background/Context 3.1 This report provides an update on the final outturn for 2024/25 and the projected outturn for 2025/26.
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PKC - GENERAL 4. Main Issues Financial Statement 2024/25 4.1 As detailed in Appendix 1, the surplus for the Fund for 2024/25 was £3,818 and the Fund balance at 31 March 2025 was £170,630. Financial Statement 2025/26 4.2 As detailed in Appendix 2, after including the financial assistance under consideration at today’s meeting the projected surplus for the Fund for 2025/26 is £2,830 and the projected Fund balance as at 31 March 2026 is £173,460. 5 Conclusion 5.1 As detailed in Appendix 1, the final Fund balance at 31 March 2025 was £170,630 and as detailed in Appendix 2 this is projected to increase to £173,640 at 31 March 2026. 6. Impact Value Assessment 6.1 This is an operational report, and as such, an impact and value assessment is not required. 7. Appendices 7.1 Appendix 1 – Kinross Common Good Fund – Financial Statement for the Financial Year 2024/25 Appendix 2 – Kinross Common Good Fund – Financial Statement for Financial Year 2025/26