2025-26 FST Final Finance Report v2

Committee report · Charity Committee · Mon 23 Mar 2026 · Hastings Borough Council · agenda item 5 · the whole meeting

What it recommends

In the report's own words. A recommendation is a proposal: the meeting can agree, change or reject it.

“Approve the budget for 2026/27.”
“Fees and Charges to increase for 2026/27 in line with Hastings Borough Council’s approved budget (Appendix 6).”
“To agree the current financial position for 2025/26.”

What the meeting decided

The minutes record: Agreed. “RESOLVED (Unanimously) 1. To Approve the 2026/27 Budget 2. Fees and Charges to increase for 2026/27 in line with Hastings Borough Council’s approved budget (Appendix 6) 3. To agree the current financial position for 2025/26 Reasons The Council has the responsibility for the proper management of the financial affairs of the Trust. In doing so it complies with Accounting Codes of Practice and the high standards required for the accounting of public money.” minutes ↗

In plain English

Each sentence was checked against the passage it cites; how the checking works.

Recommended · This went to the meeting on Mon 23 Mar 2026. What was decided is in that meeting's minutes.

The report recommends setting a 2026/27 budget, increasing fees and charges for 2026/27 in line with Hastings Borough Council's budget, and confirming the Trust's financial position for 2025/26. p5 p6 p7

For 2025/26, the report forecasts an overall surplus of £91,298 excluding depreciation, which includes projected grant payments of £232,819; excluding those grants, the forecast surplus would be £324,747. p9

The Trust's useable reserves are forecast to increase by £89,373 above budget expectations for 2025/26. p10

For 2026/27, the draft budget forecasts a surplus of £230 excluding depreciation, which includes projected grant payments of £226,000; excluding those grants, the surplus would be £226,230. p27 p28

1 further sentence of this summary was held back by verification and is not shown. We only publish claims that survived checking against the cited passages.

Show the 7 passages this is based on

p5Recommendation 1. Approve the budget for 2026/27.
p62. Fees and Charges to increase for 2026/27 in line with Hastings Borough Council’s approved budget (Appendix 6).
p73. To agree the current financial position for 2025/26.
p9The summary monitoring report indicates an overall forecast surplus, excluding depreciation, of £91,298 for the 2025/26 financial year. This surplus includes the payment of projected grants totalling £232,819. Excluding these grant payments, the forecast would show a surplus of £324,747.
p10Importantly, the Trust’s useable reserves are forecast to increase by £89,373 above budget expectations.
p2717. The draft budget currently forecasts a surplus, excluding depreciation, of £230.
p2818. This position includes projected grant payments totalling £226,000. Excluding these grant payments, the budget would show a surplus of £226,230.

Places and organisations it names

Hastings Borough Council

Other papers for this meeting

Charity Committee agenda · Committee agenda
Appendix 1 to “2025-26 FST Final Finance Report v2” · Committee report
Appendix 1 GAP Recommendations report Final · Committee report
Appendix 2 to “2025-26 FST Final Finance Report v2” · Committee report
Appendix 3 to “2025-26 FST Final Finance Report v2” · Committee report
Appendix 4 to “2025-26 FST Final Finance Report v2” · Committee report
Appendix 5 to “2025-26 FST Final Finance Report v2” · Committee report
Appendix 6 to “2025-26 FST Final Finance Report v2” · Committee report
CUG meeting 19 03 26 minutes · Committee report
Minutes Public Pack, 07/01/2026 Charity Committee AGM · Committee report
Minutes Public Pack, 07/01/2026 Charity Committee · Committee report
Charity Committee minutes · Committee minutes
Supporting Report Final · Committee report

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