250124Paper1Annex12024-25BudgetMonitoring

This document contains a summary of expenditure against the profiled budget for the year ending 31 March 2025, with actual figures compared to the budget as of 30 November 2024. It details the annual budget, any adjustments, the revised budget, the phased budget up to 30 November 2024, the actual expenditure as of that date, the variance (under or over spending), and the percentage of outturn forecast. The summary includes figures for board fees, staff costs, running costs, operational plan (net), total expenditure, other income, cash expenditure, grant-in-aid drawn down, and net cash expenditure/income.