Appendix 1
Perth and Kinross Council · 18 September 2023
Back to Perth Common Good Fund Committee — 18 September 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 1 PERTH COMMON GOOD FUND FINANCIAL STATEMENT FOR FINANCIAL YEAR 2023/24 AS AT 31 JULY 2023 2023/24 Budget Actual to date Committed and Under Consideration Projected Outturn Projection Over/(Under) Spend £ £ £ £ £ Expenditure Property Costs Rent & Rates 1,300 120 - 1,300 - Repairs and Maintenance - General 13,000 - - 13,000 - Depreciation & Impairment 3,400 - - 3,400 - 17,700 120 - 17,700 - Supplies and Services Financial Assistance - St Johns Kirk Carillon 2,000 - - 2,000 - Financial Assistance - Perth & Strathearn Round Table 20,000 - 25,201 25,201 5,201 Financial Assistance - Small Grants 75,000 19,970 26,580 69,799 (5,201) Financial Assistance - Capital Grants 50,000 - 45,220 50,000 - Financial Assistance - Cost of Living 69,500 - 10,520 69,500 - Administration Charges 15,000 - - 15,000 - Legal Fees 2,000 - - 2,000 - Printing, Stationery, Advertising and Postages 500 - - 500 - 234,000 19,970 107,521 234,000 - Christmas Events Rent, Rates & other property costs (storage for Christmas lights) 15,000 491 - 15,000 - Erect, Dismantle and Maintain Christmas Lights 20,000 - - 20,000 - Switch on Ceremony 40,000 - - 40,000 - 75,000 491 - 75,000 - Total Expenditure 326,700 20,581 107,521 326,700 - Income Rents, Fees & Charges 250,000 104,635 - 250,000 - Interest on Investments 60,000 - - 60,000 - Fishing Permits 900 265 - 900 - Total Income 310,900 104,900 - 310,900 - Surplus / (Deficit) (15,800) 84,319 (107,521) (15,800) - Estimated Opening Balance 01/04/23 1,945,348 1,945,348 Surplus / (Deficit) (15,800) (15,800) Projected Common Good Fund Balance at 31 March 2024 1,929,548 1,929,548 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 309,548 309,548
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Appendix 1 PERTH COMMON GOOD FUND FINANCIAL STATEMENT FOR FINANCIAL YEAR 2023/24 AS AT 31 JULY 2023 Grants Small Grants Capital Grants Meeting Paid World Challenge Trip to Ecuador 250.00£ 22/05/2023 Friends of Letham Primary Parent Council 680.00£ 22/05/2023 Perth Minorities Association - Mela Festival 19,040.00£ 22/05/2023 Total Paid 19,970£ -£ Committed Perth Minorities Association - Mela Festival 960.00£ 22/05/2023 Perth Fundraisers of Inspire Dance Studios 450.00£ 22/05/2023 Cost of Living - VitalityMe CIC 10,520.00£ 22/05/2023 Black Watch Regimental Trust 4,550.00£ 22/05/2023 Perth Working Men's Garden Association 2,850.00£ 22/05/2023 Perth Bridge Club 2,500.00£ 22/05/2023 Total Committed 16,480£ 5,350£ Under Consideration Perth Strathearn Round Table - Perth Fireworks Display 2023 5,201£ 18/09/2023 SSAFA Armed Forces Charity Training 2,000£ 18/09/2023 Perform in Perth Festival 2024 6,610£ 18/09/2023 Polish Scouting Association (a) Junior Leaders 1,000£ 18/09/2023 Polish Scouting Association (b) Stonoga Scout Rally 500£ 18/09/2023 Polish Scouting Association (c) Butterfly & Insect World 500£ 18/09/2023 Adventure Circus - The Legend of Kinnoull Hill Dragon 8,400£ 18/09/2023 Kinnoull Parish Church - Phoenix Youth Project 805£ 18/09/2023 Craigie & Moncreiffe Parish Church 805£ 18/09/2023 Friends of St John's Kirk - Kirk Spire 2,870£ 18/09/2023 PKAVS - Walled Garden 17,000£ 18/09/2023 YMCA Tayside 20,000£ 18/09/2023 Total Under Consideration 25,821£ 39,870£ Total £ 62,271 £ 45,220