FST Finance Report to Period 4 with exec summary 2026

For decision · This went to the meeting on Mon 21 Sep 2026. What was decided is in that meeting's minutes.

A report to Charity Committee provides an update on the Foreshore Trust's financial position to 31 July 2026 (period 4), and Committee approval is sought for the current financial position for 2026/27. p1p3p4p7

The Trust is currently expecting to make a £21,427 surplus before depreciation by the end of 2026/27, a figure that includes £228,836 of grant payments; excluding grants, the expected surplus would be £250,263. p4

So far, income is £28,198 higher than expected, mainly because Pelham Car Park is bringing in more money than budgeted, investment income is higher than expected by around £7,205, and the Trust received £4,738 compensation for accidentally damaged play equipment. p14p15p16p17

The Trust had £2,250,854 in the bank at 31 July 2026, and its financial position has improved each year in recent times. p6

The report also notes that the Trust needs to update its business plan to reflect its current financial situation and future priorities, and that this is being treated as a priority now that a Foreshore Trust Manager has been appointed. p30p31

Show the 11 passages this is based on

• p1Report Template v31.00 Report To: Charity Committee Date of Meeting: 21 September 2026 Report Title: Foreshore Trust Finance Monitoring Report to Period 4 2026/27 Report By: Louise Hutton, Finance Business Partner Key Decision: N
• p3Executive Summary This report provides the Committee with an update on the Foreshore Trust’s financial position to
• p431 July 2026 (period 4). The Trust is currently expecting to make a £21,427 surplus (before depreciation) by the end of 2026/27. This figure includes £228,836 of grant payments. If you take those grants out of the calculation, the Trust would be expecting a much larger surplus of £250,263.
• p6The Trust had £2,250,854 in the bank at 31 July 2026 and its financial position has improved each year in recent times.
• p7Committee approval is sought for the current financial position for 2026/27.
• p143. So far, income is £28,198 higher than expected. This is mainly because:
• p15• Pelham Car Park is bringing in more money than budgeted.
• p16• Investment income is higher than expected, by around £7,205.
• p17• The Trust received £4,738 compensation for play equipment that was accidentally damaged.
• p30Business Plan 13. The Trust needs to update its business plan so that it reflects the current financial situation and future priorities.
• p3114. Now that a Foreshore Trust Manager has been appointed, updating the business plan is being treated as a priority. The Committee will receive further information in due course. Forward Plan