241004 RC Paper 1 Annex 2 2024-25 Budget Monitoring

Annex 2, Paper 1 Log of budget changes

YEAR END­ING 31 MARCH 2025 Budget adjust­ments Page 1 of 2

	Annu­al budget	1 Extend con­tract re Caper­cail­lie dog walk­ing intern	Budget adjust­ments	Revised budget
			2 Real­loc­ate original
			budget for cod­ing Nature
			Res­tor­a­tion purposes
			3 fund­ing gap
Staff costs	5,625,667	5,800		(100,000)	5,531,467
Board fees	191,990				191,990
	5,817,657	5,800	0	(100,000)	5,723,457
Run­ning costs
Oth­er staff and board costs	263,119				263,119
Facil­it­ies costs	373,140				373,140
IT and pro­fes­sion­al costs	345,510				335,510
	981,769	0	(10,000)	0	971,769
Oper­a­tion­al plan (net)
Peat­land restoration	3,050,000				3,050,000
Nature & climate	811,000				811,000
People	290,000			(15,000)	275,000
Place	860,000	(5,800)			854,200
Com­mu­nic­a­tions	225,500			(66,879)	158,621
Cor­por­ate	1,064,500		10,000	(121,500)	953,000
Con­tri­bu­tion to Cairngorms 2030	450,000				450,000
	6,751,000	(5,800)	10,000	(203,379)	6,551,821
Total expendit­ure	13,550,426	0	0	(303,379)	13,247,047
Oth­er income	(250,000)				(250,000)
Cash expendit­ure	13,300,426	0	0	(303,379)	12,997,047
Grant-in-aid drawn down	(13,301,000)			300,000	(13,001,000)
Net cash expenditure/​(income)	(574)	0	0	(3,379)	(3,953)

1. The con­tract of the intern taken on by the Caper­cail­lie pro­ject to engage with dog- walk­ers was exten­ded. Budget of £5,800 has been trans­ferred from Place (Out­door Access Stat­utory Respons­ib­il­it­ies) to Staff Costs.

Page 2 of 2

1. Leg­al and pro­fes­sion­al costs: a) An alloc­a­tion of leg­al fees has been trans­ferred from run­ning costs to the plan­ning budget (£30k). b) Soft­ware costs in respect of the new fin­ance sys­tem have been trans­ferred from the Oper­a­tion­al Plan cor­por­ate budget to the IT budget (run­ning costs) (20k).

2. £300k has been real­loc­ated to fill the Nature Res­tor­a­tion fund­ing gap.

	Spend	Type of sav­ing	Iden­ti­fied savings £
RUN­NING COSTS	Payroll	Vacancy sav­ings	100,000
COR­POR­ATE	Share ser­vices (LL&T)	GIS post not replaced at LL&TNPA — plus VAT	54,000
COR­POR­ATE	Back-up heat­ing system	Delay until 2025⁄26; staff capa­city issue	40,000
COR­POR­ATE	Ground­works	Delay until 2025⁄26	27,500
COM­MU­NIC­A­TIONS			71,500
B11 Volun­teer­ing and out­door learning	Volun­teer recruit­ment and coordination	Budget over-estim­ate	10,000
			303,000

1. These adjust­ments pro­duce no mater­i­al change in the over­all budget for the year.