Appendix 2 - 2023-24 Financial Statement
Perth and Kinross Council · 22 May 2023
Back to Perth Common Good Fund Committee — 22 May 2023 and its agenda
Text extracted from the council's PDF. Layout and reading order may differ from the original.
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Appendix 2 PERTH COMMON GOOD FUND FINANCIAL STATEMENT FOR FINANCIAL YEAR 2023/24 2023/24 Budget Actual to date Under Consideration Projected Outturn Projection Over/(Under) Spend £ £ £ £ £ Expenditure Property Costs Rent & Rates 1,300 - - 1,300 - Repairs and Maintenance - General 15,000 - - 15,000 - Depreciation & Impairment 3,400 - - 3,400 - 19,700 - - 19,700 - Supplies and Services Financial Assistance - St Johns Kirk Carillon 2,000 - - 2,000 - Financial Assistance - Perth & Strathearn Round Table 20,000 - - 20,000 - Financial Assistance - Small Grants 75,000 - 39,630 75,000 - Financial Assistance - Capital Grants 50,000 - 5,350 50,000 - Financial Assistance - Cost of Living 69,500 10,520 69,500 - Administration Charges 15,000 - - 15,000 - Legal Fees - - - - - Printing, Stationery, Advertising and Postages 500 - - 500 - 232,000 - 55,500 232,000 - Christmas Events Rent, Rates & other property costs (storage for Christmas lights) 15,000 - - 15,000 - Erect, Dismantle and Maintain Christmas Lights 20,000 - - 20,000 - Switch on Ceremony 40,000 - - 40,000 - 75,000 - - 75,000 - Total Expenditure 326,700 - 55,500 326,700 - Income Rents, Fees & Charges 250,000 340 - 250,000 - Interest on Investments 60,000 - - 60,000 - Fishing Permits 900 18 - 900 - Total Income 310,900 358 - 310,900 - Surplus / (Deficit) (15,800) 358 (55,500) (15,800) - Estimated Opening Balance 01/04/23 1,933,079 1,933,079 Surplus / (Deficit) (15,800) (15,800) Projected Common Good Fund Balance at 31 March 2024 1,917,279 1,917,279 Earmarked in Reserves:- Minimum Revenue Account Balance (1,500,000) (1,500,000) Repair and Renewal Reserve (120,000) (120,000) Projected Uncommitted Closing Balance at 31 March 2024 297,279 297,279
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Appendix 2 PERTH COMMON GOOD FUND FINANCIAL STATEMENT FOR FINANCIAL YEAR 2023/24 Grants Under Consideration Small Grants Capital Grants Meeting World Challenge Trip to Ecuador 250£ 22/05/2024 Friends of Letham Primary Parent Council 680£ 22/05/2024 Perth Minorities Association - Mela Festival 20,000£ 22/05/2024 Perth Fundraisers of Inspire Dance Studios 500£ 22/05/2024 Cost of Living - VitalityMe CIC 10,520£ 22/05/2024 Black Watch Regimental Trust 18,200£ 22/05/2024 Perth Working Men's Garden Association 2,850£ 22/05/2024 Perth Bridge Club 2,500£ 22/05/2024 £ 50,150 £ 5,350