Appendix 2 - Budget and Financial Statement
Perth and Kinross Council · 29 January 2024
Back to Perth Common Good Fund Committee — 29 January 2024 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 30 NOVEMBER 2023 2023/24 Budget Actual to date Committed and Under Consideration Projected Outturn Projection Over/(Under) Spend £ £ £ £ £ Expenditure Property Costs Rent & Rates 1,300 - - 1,300 - Repairs and Maintenance - General 13,000 239 - 13,000 - Depreciation & Impairment 3,400 - - 3,400 - 17,700 239 - 17,700 - Supplies and Services Financial Assistance - St Johns Kirk Carillon 2,000 - 2,000 2,000 - Financial Assistance - Perth & Strathearn Round Table 20,000 15,900 6,100 22,000 2,000 Financial Assistance - Small Grants 75,000 23,099 28,908 52,007 (22,993) Financial Assistance - Capital Grants 50,000 - 46,953 46,953 (3,047) Financial Assistance - Cost of Living 69,500 - 39,220 69,500 - Administration Charges 15,000 15,000 - 15,000 - Legal Fees 2,000 - - 2,000 - Printing, Stationery, Advertising and Postages 500 - - 500 - 234,000 53,999 123,181 209,960 (24,040) Christmas Events Rent, Rates & other property costs (storage for Christmas lights) 15,000 12,675 2,325 15,000 - Erect, Dismantle and Maintain Christmas Lights 20,000 8,456 3,544 20,000 - Switch on Ceremony 40,000 - 40,000 40,000 - 75,000 21,131 45,869 75,000 - Total Expenditure 326,700 75,369 169,050 302,660 (24,040) Income Rents, Fees & Charges 250,000 170,645 8,000 258,000 8,000 Interest on Investments 60,000 - - 60,000 - Fishing Permits 900 454 - 900 - Total Income 310,900 171,099 8,000 318,900 8,000 Surplus / (Deficit) (15,800) 95,730 (161,050) 16,240 32,040 Estimated Opening Balance 01/04/23 1,945,348 1,945,348 Surplus / (Deficit) (15,800) 16,240 Projected Common Good Fund Balance at 31 March 2024 1,929,548 1,961,588 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 309,548 341,588
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Appendix 1 PERTH COMMON GOOD FUND FINANCIAL STATEMENT FOR FINANCIAL YEAR 2023/24 AS AT 30 NOVEMBER 2023 Grants Small Grants Capital Grants Meeting Paid World Challenge Trip to Ecuador 250£ 22/05/2023 Friends of Letham Primary Parent Council 680£ 22/05/2023 Perth Minorities Association - Mela Festival 19,040£ 22/05/2023 Perth Fundraisers of Inspire Dance Studios 450£ 22/05/2023 Perth Strathearn Round Table - Perth Fireworks Display 2023 15,900£ 18/09/2023 Polish Scouting Association (a) Junior Leaders 579£ 18/09/2023 SSAFA Armed Forces Charity Training 1,100£ 18/09/2023 Polish Scouting Association (b) Stonoga Scout Rally 1,000£ 18/09/2023 Total Paid 38,999£ -£ Committed Perth Minorities Association - Mela Festival 960£ 22/05/2023 Cost of Living - VitalityMe CIC 10,520£ 22/05/2023 Black Watch Regimental Trust 4,550£ 22/05/2023 Perth Working Men's Garden Association 2,850£ 22/05/2023 Perth Bridge Club 2,500£ 22/05/2023 Perth Strathearn Round Table - Perth Fireworks Display 2023 6,100£ 18/09/2023 Perform in Perth Festival 2024 6,000£ 18/09/2023 Polish Scouting Association (a) Junior Leaders 500£ 18/09/2023 Polish Scouting Association (c) Butterfly & Insect World 668£ 18/09/2023 Adventure Circus - The Legend of Kinnoull Hill Dragon 8,400£ 18/09/2023 Kinnoull Parish Church - Phoenix Youth Project - Digital Workshop 250£ 18/09/2023 Craigie & Moncreiffe Parish Church - Air Thrill Trip 120£ 18/09/2023 Friends of St John's Kirk - Kirk Spire 2,930£ 18/09/2023 PKAVS - Walled Garden 17,000£ 18/09/2023 YMCA Tayside 5,000£ 18/09/2023 Kinnoull Parish Church - Phoenix Youth Project - Pool Table 552£ 18/09/2023 Craigie & Moncreiffe Parish Church - Youth Project 684£ 18/09/2023 Wednesday Tea Dance Christmas Party 2023 450£ 27/11/2023 Holiday @ Home 2,000£ 27/11/2023 Moncrieffe Primay Parent Council - Trim Trail and Gazebo 11,877£ 27/11/2023 Perth Highland Games - Stage 3,560£ 27/11/2023 Cost of Living - YMCA Tayside 13,700£ 20/12/2023 Total Committed 54,218£ 46,953£ Under Consideration St John's Kirk Carillon 2,000£ 29/01/2024 Perth Chinese Association 2,240£ 29/01/2024 Perth Flower Club 180£ 29/01/2024 Perth Festival of the Arts 1,990£ 29/01/2024 ESOL 600£ 29/01/2024 Cost of Living - Letham4All 15,000£ 29/01/2024 Total Under Consideration 22,010£ -£ Total £ 115,227 £ 46,953