17 Jul 2013
We are pleased to publish our audited accounts for 2012/2013.
These show a reported surplus for the year of £55,000. The main contributing factor for our surplus was timing differences arising from the recruitment of vacant posts.
We continue to look at making efficiencies and deliver value for money in the delivery of our services and the costs arising from our organisational review were met from within our 2012/2013, operating budget.
Contributions received by Environmental Bodies exceeded the original forecast for the year, but the additional levy of £77,000 raised from these are adjusted through the funding mechanism agreed with HMRC, and will reduce our cash resource requirement for future periods.