230811ResourcesCtteePaper2_2022-23Outrun

Cairngorms Nation­al Park Author­ity Ugh­dar­ras Pàirc Nàiseanta a’ Mhon­aidh Ruaidh

Resources Com­mit­tee Paper 2

11 August 2023

Page 1 of 2

For dis­cus­sion

Title: ²⁰²²⁄₂₃ Estim­ated outturn

Pre­pared by: Louise Allen, Head of Fin­ance and Cor­por­ate Operations

Pur­pose This paper presents an update on the estim­ated out­turn pos­i­tion for the ²⁰²²⁄₂₃ fin­an­cial year.

Recom­mend­a­tions The Resources Com­mit­tee is asked to: a) Con­sider the estim­ated out­turn pos­i­tion for the ²⁰²²⁄₂₃ fin­an­cial year

Over­view

1. The pro­cess of clos­ing down the accounts for the ²⁰²²⁄₂₃ fin­an­cial year con­tin­ues, in anti­cip­a­tion of the annu­al extern­al audit, which is sched­uled to take place in late September/​October 2023. While the final pos­i­tion will not be estab­lished until the audit is com­plete (Novem­ber 2023) the draft fig­ures are con­sidered a fair indic­a­tion of the fin­an­cial per­form­ance for the year

2. The estim­ated out­turn pos­i­tion for ²⁰²²⁄₂₃ presen­ted to the Com­mit­tee on 30^th June is sum­mar­ised below and updated to reflect the cur­rent position:

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Cairngorms Nation­al Park Author­ity Ugh­dar­ras Pàirc Nàiseanta a’ Mhon­aidh Ruaidh

Resources Com­mit­tee Paper 2

11 August 2023

Page 2 of 2

	Budgeted	June		August
	fund­ing level	Net over/​(under) spend		Net over / (under) spend
	£’000	£’000	%	£’000	%
Core
Resource	7,472	1.85	0.0%	(38.6)	(0.5)
Cap­it­al	600	0.00	0.0%	0.00	0.0
Pro­grammes
Peat­land	2,214	(250)	(11.3%)	(250)	(11.3)
Biod­iversity funds	350	(1.89)	(0.5%)	(1.89)	(0.5)
Total Scot­tish Gov­ern­ment and gen­er­ated funding	10,636	(250)	(2.4%)	(291)	(2.7)

1. Only one sig­ni­fic­ant vari­ation in the draft accounts has aris­en since the draft out­turn fig­ures were repor­ted to the pre­vi­ous meet­ing: an account­ing adjust­ment to reflect treat­ment of leased assets under IFRS16 has led to an under­spend of avail­able resource fund­ing in the year. This is now reflec­ted in the above table.

2. Over­all, there­fore, the estim­ated out­turn pos­i­tion has not changed sig­ni­fic­antly from the pos­i­tion con­sidered by the Com­mit­tee at the end of June.

Louise Allen louiseallen@​cairngorms.​co.​uk