Resources Committee - Paper 1

Cairngorms Nation­al Park Author­ity Resources Com­mit­tee Paper 1 Ugh­dar­ras Pàirc Nàiseanta a’ Mhon­aidh Ruaidh 16 May 2025 Page 1 of 2

For Inform­a­tion Title: ²⁰²⁴⁄₂₅ estim­ated out­turn Pre­pared by: Louise Allen, Head of Fin­ance and Cor­por­ate Operations

Pur­pose This paper presents an estim­ated out­turn pos­i­tion for the ²⁰²⁴⁄₂₅ fin­an­cial year.

Recom­mend­a­tions The Resources Com­mit­tee is asked to: α) Note the estim­ated out­turn pos­i­tion for the ²⁰²⁴⁄₂₅ fin­an­cial year.

Over­view

1. The fin­ance team are clos­ing the accounts for the ²⁰²⁴⁄₂₅ fin­an­cial year. The pro­cess is pro­gress­ing well, in anti­cip­a­tion of the annu­al extern­al audit, which is sched­uled to com­mence at the end of June 2025. While the final pos­i­tion will not be estab­lished until the audit is com­plete, the draft fig­ures are con­sidered a fair indic­a­tion of the fin­an­cial per­form­ance for the year.
2. The cur­rent estim­ated out­turn pos­i­tion for ²⁰²⁴⁄₂₅ is sum­mar­ised in Annex 1. This provides an ana­lys­is of cash move­ments over the course of the year. Cur­rently we are show­ing an under­spent pos­i­tion of £300,000, with £245,000 of this arising from peat­land res­tor­a­tion delivery.
3. Over­all, the pos­i­tion against total Scot­tish Gov­ern­ment grants (cap­it­al and resource com­bined) and income gen­er­ated by the Authority’s activ­it­ies is estim­ated at an under­spend of £300,000 against £12,404,000 fund­ing from Scot­tish Gov­ern­ment: an under­spend of 2.4% of funding.
4. The draft res­ult is out­side the tar­get Key Per­form­ance Indic­at­ors (KPI) of final out­turn with­in +1% to ‑2% of total income.

5. Mon­it­or­ing of peat­land res­tor­a­tion activ­it­ies across the year res­ul­ted in the team draw­ing down £380,000 less fund­ing than was avail­able to them. Nev­er­the­less, the tar­get for Hec­tare (Ha) of deliv­ery (1,573 Ha) was exceeded with total deliv­ery of 2,000 Ha. Cairngorms Nation­al Park Author­ity Resources Com­mit­tee Paper 1 Ugh­dar­ras Pàirc Nàiseanta a’ Mhon­aidh Ruaidh 16 May 2025 Page 2 of 2

6. As noted at the out­set of this paper, these fig­ures may change as the fin­ance team final­ise the clos­ing pos­i­tion. Fur­ther updates will be brought to this Com­mit­tee and to the Audit and Risk Com­mit­tee with its respons­ib­il­ity for over­see­ing the extern­al audit of the final accounts.

Louise Allen 01 May 2025 Louiseallen@​cairngorms.​co.​uk