Appendix 1 – Perth Common Good Fund – Financial Statement for the period to 31 March 2025 for 2024/25.
Perth and Kinross Council · 5 May 2025
Back to Perth Common Good Fund Committee — 5 May 2025 and its agenda
Text extracted from the council's PDF. Layout and reading order may differ from the original.
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Appendix 1 PERTH COMMON GOOD FUND UNAUDITED FINANCIAL STATEMENT FOR PERIOD TO 31 MARCH 2025 2024/25 Budget Actual to date Committed Projected Outturn Projection Over/(Under) Spend £ £ £ £ £ Expenditure Property Costs Rent & Rates 1,300 23,482 (2,854) 20,628 19,328 Repairs and Maintenance - General 15,000 (114) - (114) (15,114) Repairs and Maintenance - Moncreiffe Island 62,000 37,351 1,756 39,107 (22,893) Depreciation & Impairment 3,400 - - - (3,400) 81,700 60,718 (1,098) 59,621 (22,079) Supplies and Services Financial Assistance - St John's Kirk Carillon 2,000 - 2,000 2,000 - Financial Assistance - Perth & Strathearn Round Table 20,000 20,204 - 20,204 204 Financial Assistance - Small Grants 75,000 51,821 25,103 76,924 1,924 Financial Assistance - Cost of Living 30,280 7,013 - 7,013 (23,267) Financial Assistance - Capital Grants 50,000 27,344 13,840 41,184 (8,816) Administration Charges 15,000 15,000 - 15,000 - Legal Fees - 87 250 337 337 Printing, Stationery, Advertising and Postages 500 - - - (500) 192,780 121,470 41,193 162,663 (30,117) Christmas Events Rent, Rates & other property costs (storage for Christmas lights) 15,000 9,532 - 13,000 (2,000) Erect, Dismantle and Maintain Christmas Lights 20,000 21,458 - 21,458 1,458 Switch on Ceremony 50,000 - - - (50,000) 85,000 30,990 - 34,458 (50,542) Total Expenditure 359,480 213,178 40,095 256,741 (102,739) Income Rents, Fees & Charges 255,000 226,672 - 260,000 5,000 Miscellaneous Income - 13,966 - 13,966 13,966 Interest on Investments 60,000 73,552 7,930 81,482 21,482 Fishing Permits 900 987 - 987 87 Total Income 315,900 315,176 7,930 356,435 40,535 Surplus / (Deficit) (43,580) 101,999 (32,165) 99,693 143,273 Opening Balance 01/04/24 2,054,181 2,054,181 Surplus / (Deficit) (43,580) 99,693 Projected Common Good Fund Balance at 31 March 2025 2,010,601 2,153,874 Earmarked in Reserves:- Minimum Revenue Account Balance (1,700,000) (1,700,000) Repair and Renewal Reserve (120,000) (120,000) Projected Uncommitted Closing Balance at 31 March 2025 190,601 333,874
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Appendix 1 PERTH COMMON GOOD FUND UNAUDITED FINANCIAL STATEMENT FOR PERIOD TO 31 MARCH 2025 Grants Actual Small Grants Capital Grants Meeting Polish Scouting Experience - Marine Adventure 1,000£ 29/04/2024 Roverway International 2024 300£ 29/04/2024 Sri Lankan Community in Perth & Kinross 2,080£ 29/04/2024 St John's Football Club 2,420£ 29/04/2024 King James VI Golf Club - Flooding 5,769£ 15/05/2024 Email confirmation Perth & Strathearn 200 Round Table 20,204£ 29/04/2024 Children Alone Seeking Asylum (CASA) 500£ 26/08/2024 Cost of Living -Health & Wellbeing Café 1,560£ 26/08/2024 Perth & Kinross Mela Association 15,800£ 29/04/2024 Cost of Living - Ad-Lib Arts - Hardship Fund 1,800£ 26/08/2024 Cost of Living -Perth Minorities Association (PMA) 6,848£ 26/08/2024 PKC Events Team - City of Perth Salute 2024 17,500£ 29/04/2024 Our Lady's Primary School Parent Council 1,459£ 26/08/2024 Polish Scouting Association - Summer Camp 1,000£ 29/04/2024 Chansons Chamber choir 900£ 29/04/2024 Polish Scouting Association - 64th DH Girl Scouts - World Jamboree 500£ 29/04/2024 Polish Scouting Association - 44th Boy Scouts - World Jamboree 500£ 29/04/2024 Friends of Letham Primary Parent Council 1,808£ 26/08/2024 Neuro Central 320£ 26/08/2024 Cost of Living - Inch View Primary - Panto Trip 2,825£ 25/11/2024 Wednesday Tea Dance Club - Christmas Party 2024 350£ 25/11/2024 Servite Housing Tenants Group 300£ 25/11/2024 Cost of Living - Giraffe 4,500£ 25/11/2024 5th Perth Rainbows and Brownies - Hi Vis Vests 155£ 25/11/2024 Kinnoull Tennis Club 15,000£ 25/11/2024 Perth Indian Association (POI) 2,000£ 26/08/2024 Adventure Circus - Dragonfyre 3,500£ 26/08/2024 Buttons & Bows Baby Bank 4,000£ 25/11/2024 Early Years Scotland 2,004£ 29/04/2024 £ 89,559 £ 27,344 Committed Small Grants Capital Grants Meeting Our Lady's PS Parent Council 1,000£ 29/04/2024 Early Years Scotland 2£ 29/04/2024 Perth Choral Society 1,000£ 29/04/2024 Chansons Chamber choir 700£ 29/04/2024 Fair City AFC 3,840£ 29/04/2024 Adventure Circus - Dragonfyre 1,500£ 26/08/2024 Friends of Letham Primary Parent Council 547£ 26/08/2024 Peform in Perth Festival 2025 6,230£ 26/08/2024 Perth Outdoor Playgroup (POP)/Tayside Owls 618£ 26/08/2024 St John's Kirk - Spire Repairs 10,000£ 26/08/2024 St John's Kirk Carillon 2,000£ 25/11/2024 Inch View Primary - P7 Residential 1,000£ 25/11/2024 Bertha Park High Parent Angle 1,534£ 25/11/2024 Perth Festival of Arts 2,281£ 03/02/2025 Perth Chinese Association 4,655£ 03/02/2025 Hearts & Minds 1,536£ 03/02/2025 Scottish Brass Band Association 2,500£ 03/02/2025 £ 27,103 £ 13,840 Total £ 116,661 £ 41,184 Funding Approved - No longer required Small Grants Capital Grants Meeting Cost of Living - VitalityMe CIC 10,520£ 22/03/2023 10,520£ -£