The Charter Trustees for Harrogate
20 March 2025
Finance Report
Report of the Responsible Finance Officer
1.0 PURPOSE OF REPORT
1.1 To inform the Charter Trustees of the full year budget position to the end of March 2025 for the financial year 2024-25
2.0 SUMMARY
2.1 The Charter Trustees are asked to note the expenditure incurred to the end of March 2025.
3.0 BACKGROUND
3.1 This is the second year of the Harrogate Charter Trustees. The budget and precept were set at the meeting of the Charter Trustees on 11 December 2023. A breakdown of the budget is set out at Appendix 1.
3.2 The total budget set for the year is £12,800.
3.3 This report presents expenditure incurred to the end of March 2025.
4.0 EXPENDITURE AGAINST BUDGET
4.1 As at the end of March a total of £12,800 has been expended – in summary:
|
Summary |
Budget £ |
Spend to March 2025 £ |
Comments |
|
Officer Support |
£10,600 |
£9,392 |
Recharge of costs from North Yorkshire Council |
|
Auditors |
£500 |
£210 |
Estimated fee based on scale fee |
|
Other Costs |
£1,700 |
£2,707 |
Events, civic collection insurance |
|
|
|
|
|
|
Carried forward |
|
£491 |
Total amount held in reserve at NYC £931 (£440 from 2023/24) |
|
Total |
£12,800 |
£12,800 |
|
4.2 There are no matters to raise on this expenditure.
5.0 ALTERNATIVE OPTIONS CONSIDERED
5.1 N/A
6.0 FINANCIAL IMPLICATIONS
6.1 As set out above.
7.0 LEGAL IMPLICATIONS
7.1 There are no legal implications.
8.0 EQUALITIES IMPLICATIONS
8.1 There are no equalities implications.
9.0 CLIMATE CHANGE IMPLICATIONS
9.1 There are no climate change implications.
10.0 REASONS FOR RECOMMENDATIONS
10.1 To inform the Charter Trustees of the in-year budget position to the end of March 2025
|
11.0 |
RECOMMENDATION
|
|
|
i) That the Charter Trustees note the expenditure incurred to the end of March 2025.
|
APPENDICES:
Appendix 1 – Annual Budget 2024-25
BACKGROUND DOCUMENTS:
None.
Karen Iveson (RFO)
Assistant Director Resources
County Hall
Northallerton
11 March 2025
Report Author – Karen Iveson