Page 68 - Beacon Hill School Annual Report 2016-17
P. 68
ESF Beacon Hill School ESF Beacon Hill School
School Finances
Actual Budget
2016/17 2016/17
Non-cash Funding
Staff funding 39,764,278 39,764,278
Adjustments on staff funding 76,134 -
Total non-cash funding 39,840,412 39,764,278
Cash Funding
Capitation & ICT Funding 2,678,396 2,606,487
Grants 5,256 5,255
Rental and other income 700,189 661,000
School Activities 114,530 106,000
Donation 322,050 300,000
Total Cash Funding 3,850,421 3,678,742
Total Funding 43,660,833 43,443,020
Expenditure
Staff expenses 38,472,569 39,764,278
Other expenses - Operating 2,693,470 3,528,000
Other expenses - Capital 1,315,225 300,000
Total Expenditure 42,481,264 43,592,278
Surplus / (Deficit) 1,179,569 (149,258)
Surplus / (Deficit) as per above 1,179,569 (149,258)
The use of unspent staff funding b/f 1,186,841 -
from previous years
Surplus / (Deficit) after the transfer 2,366,410 (149,258)
