Appendix 2 – Perth Common Good Fund - Financial Statement for the Financial Year 2024/25
Perth and Kinross Council · 29 April 2024
Back to Perth Common Good Fund Committee — 29 April 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 2 PERTH COMMON GOOD FUND FINANCIAL STATEMENT FOR FINANCIAL YEAR 2024/25 2024/25 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 - Repairs and Maintenance - Moncreiffe Island 62,000 - - 62,000 - Depreciation & Impairment 3,400 - - 3,400 - 81,700 - - 81,700 - Supplies and Services Financial Assistance - St Johns Kirk Carillon 2,000 - - 2,000 - Financial Assistance - Perth & Strathearn Round Table 20,000 - 22,030 20,000 - Financial Assistance - Small Grants 75,000 - 44,886 75,000 - Financial Assistance - Capital Grants 50,000 - 7,710 50,000 - Financial Assistance - Cost of Living 30,280 - - 30,280 - Administration Charges 15,000 - - 15,000 - Legal Fees - - - - - Printing, Stationery, Advertising and Postages 500 - - 500 - 192,780 - 74,626 192,780 - 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 50,000 - - 50,000 - 85,000 - - 85,000 - Total Expenditure 359,480 - 74,626 359,480 - Income Rents, Fees & Charges 255,000 - - 255,000 - Interest on Investments 60,000 - - 78,000 18,000 Fishing Permits 900 - - 900 - Total Income 315,900 - - 333,900 18,000 Surplus / (Deficit) (43,580) - (74,626) (25,580) 18,000 Estimated Opening Balance 01/04/24 2,019,606 2,019,606 Surplus / (Deficit) (43,580) (25,580) Projected Common Good Fund Balance at 31 March 2025 1,976,026 1,994,026 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 156,026 174,026
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Appendix 2 PERTH COMMON GOOD FUND FINANCIAL STATEMENT FOR FINANCIAL YEAR 2024/25 Grants Under Consideration Small Grants Capital Grants Meeting Perth & Strathearn 200 Round Table £22,030 29/04/2024 Polish Scouting Experience - Marine Adventure £1,000 29/04/2024 Polish Scouting Association - 64th DH Girl Scouts - World Jamboree £500 29/04/2024 Polish Scouting Association- 44th Boys Scouts - World Jamboree £500 29/04/2024 Polish Scouting Association - Summer Camp £1,000 29/04/2024 Our Lady's PS Parent Council £1,000 29/04/2024 Early Years Scotland £2,006 29/04/2024 Perth Choral Society £1,000 29/04/2024 Chansons Chamber Choir £2,200 29/04/2024 PKC Events Team - City of Perth Salute 2024 £17,500 29/04/2024 Roverway International 2024 £300 29/04/2024 Perth & Kinross Mela Association £15,800 29/04/2024 Sri Lankan Community in Perth & Kinross £2,080 29/04/2024 St. John's Football Club £2,420 29/04/2024 Fair City AFC £3,840 29/04/2024 King James VI Golf Club £1,450 29/04/2024 £66,916 £7,710