council 24 september 2020...2020/09/24 · management accounts overview tian tian finance director...

Finance update Executive Summary

August 2020 (Month 5) Management Accounts At the end of August 2020 HCPCrsquos YTD position was a surplus of pound325k which is a favourable variance of pound684k when compared to the budgeted deficit of pound329k The variance is mostly caused by a significant reduction in FTP hearing costs compared to forecast This was a result of the following

bull Uncertainties around phasing of the hearing costs during Q1 reforecast ndash as a result of Covid-19

bull There has been a delay in getting 405 Kennington Road ready for phase 3 of the return to work plan which means delay to hybrid hearings

bull There has been a need to seek legal authority to conduct virtual hearings which also impacted the number of hearings held

Actual volume of hearings were 50 lower than forecasted and therefore there has been a reduction in the cost of case preparation partner costs and travel amp subsistence As well as the lower hearing numbers the department also implemented electronic distribution of FTP bundles this has reduced the cost of printing and postage The current reduction in costs will not wholly convert into a permanent saving however some cost may now be recognised in 2021-22 This will be reflected in the Q2 reforecast of the 2020-23 budget Appendix 1 (page 3) shows the August 20 finance dashboard A detailed version of the management accounts is available on council membersrsquo iPads for those who want to scrutinise further

The Council is asked to note the August 20 financial outturn

Registration business process change

As part of the Registration Transformation and Improvement project work we have identified an area of business process change which will simplify the process of on-boarding new graduates who are joining towards end of the current professional cycle This change does not constitute a change of fee rules but a change to the application of the rules It will also save development costs and time for the organisation

Council 24 September 2020

Finance Report September 2020 Council 24 September 2020 of 8

Appendix 2 (page 7) details the change in more detail including benefits risks and cashflow impact This proposal will be discussed by the Audit Committee at its meeting on 17 September A verbal update on this discussion will be provided Council is asked to approve the change to the application of the rules

Previous consideration

The August 20 management accounts were presented to SMT for review on 15 September 2020 The registration business process change will be discussed at Audit Committee meeting on 17 September 2020

Decision The Council is asked to

1 Note the August 20 financial outturn

2 Approve the change to the application of the fees rules

Next steps The October 2020 management accounts and Q2 reforecast of the 2020-23 budget will be presented to Council in December

Strategic priority

The strategic priorities set in 2018 are no longer current We are developing a new strategy that we aim to confirm at the end of 2020

Risk Strategic Risk 4 - Failure to be an efficient regulator Risks associated to the change in fees rules interpretation have been documented in the paper If the change in business process does not go ahead there is either a risk of delay to the current registration project and increased costs or a higher risk of error due to manual intervention

Financial and resource

implications

The change in business process will save pound87000 and 6 weeks in development cost and time on the Registration Transformation and Improvement Project It will cause a permanent delay in cash flow for HCPC of pound60300 Additional time will be needed to manually intervene a targeted pool of renewal orders at the start of every renewal Resource requirements will vary depending on the size of the profession going into renewal

Author Tian Tian Director of Finance TianTianhcpc-ukorg

Finance Report September 2020 Council 24 September 2020 Page 2 of 8

P5 August 2020 Management Accounts Overview

Tian TianFinance Director

Page 1Finance Report September 2020 Council 24 September 2020 Page 3 of 8

Page 2

7

65432

1

7 Lower hearing activities linked tothe delay in Phase 3 return to theoffice plan and obtaining legalauthority to conduct virtual hearingsAlso phasing issues with Q1 forecast

6 Reduced training activity thananticipated using more e-learningoptions and the result of exploringcheaper recruitment options

5 Timingdifferences in theother departmentsmainly majorprojects IT andCommunicationAlso vacancies stillto be filled in somedepartments

4 Due to the timingdifferences of propertyand other professionalcosts mainly due tothe slowerimplementation of thereturn to office plansof phase 2 and 3

3 Anticipating the cost ofEDI Research and Advancedpractice work still to beinvoiced

2 Timing differenceattributable to IT Smallprojects implementationdelayed by a month

1 COVID 19 Grantof pound225k not yetreceived butforecasted to bereceived inAugust


Page 3

Colour LegendMore than 5 better than budgetMore than 5 worse than budget

Close to BudgetBetween 25 amp 5 better than budgetBetween 25 amp 5 worse than budget

Summarised Departments by Exec Directors with larger departments still shown separately

Reduced graduate registration Income and scrutiny fees mainly because students and graduates have been allowed to join the temporary register and work The student temporary register is closing in September so income levels should improve from October onwards when the students join the permanent registerLower number of international applications processed

Income By Profession Aug-20 Year to date Aug-20 Year to date

Arts Therapists 40215 172472 Paramedics 215162 1096851

Bio-medical Scientists 182907 902128 Physiotherapists 476936 2262487

Chiropodists 90656 482563 Practitioner Psychologists 196116 942560Clinical Scientists 47674 238361 Prosthetists amp Orthotists 7997 41021Dietitians 96037 397768 Radiographers 316304 1517601Hearing Aid Dispensers 23926 118501 Social Workers -101 -506Occupational Therapists 319962 1530813 Speech amp Language Therapists 139883 646124Operating Department Practitioners 108729 533979 Registration Income 2275572 10951190Orthoptists 11106 55826 Other Income 15002 80929Other Registration Income 2065 12644 Total Income 2290574 11032119

Income By Profession

Pay Non-Pay TotalChair Council amp Committee 0 126735 126735

Chief Executive 392167 769556 1161722Policy amp External Relations 298221 113336 411556HR amp Office Services 379763 858126 1237890IT amp Major projects 427030 719561 1146591Governance amp QAD 170621 17780 188400FTP 1853964 2195879 4049842

Registration 799425 326698 1126123Education 223371 38899 262271Finance 161246 70538 231784Depreciation 0 271781 271781Transformation Costs 0 279138 279138Total 4705807 5788027 10493834COVID 19 30923 182018 212941

Year to DateExpenditure

Commentary on expenditure variances situated in the bridge on page 2

Income By Activity

Income By Activity Aug-20 Year to dateGraduate Registration Fees 132584 573740Readmission Fees 15120 90423Renewal Fees 1896951 9391556International Scrutiny Fees 81180 498465UK Scrutiny Fees 147672 384363Other registrant income 2065 12644Registration Income 2275572 10951190

Exec Summary

Sheet1

Front cover

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Bridge

Variance analysis (2)

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Index

Variance analysis

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Bridge (2)

IampE (2)

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IampE

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at a glance

in month Bridge

in month

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Income M6 Reforecast

IampE m6

IAConnection

inc by prof m6

Payroll

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Non payroll

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Income by profession

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SOFP

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Projects

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Capex

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Cashflow Graphs

HCPC Cashflow per Month

1REF1REF1REF1REF1REF1REF1REF1REF1REF1REF


Budget receipts4173041760417914182141852418834191341944419744200542036420641511660361846217317105871081001194861342064986011196126022794590126146518316553532919975369249409171097253596459511217840521045429747926397110366022108422021325110248573038001316911987776249Actual receipts417304176041791418214185241883419134194441974420054203642064881167979759212121890441253255422932421279999995559796280000000323880908417651159999999918294529999999910110955528594301947691258899999904Budget payments4173041760417914182141852418834191341944419744200542036420642328881924858570122816277385207244752271677115222894514760199217569694810910012546525791889832369515153707480124364873019401301239428961672689022239845896343870123171214149846723306270546154501Actual payments4173041760417914182141852418834191341944419744200542036420642384787211848224182289845232057142891985835432125482279999992082848572258147292291970639999980120111237221318146799999801258493365Budget cash balance41730417604179141821418524188341913419444197442005420364206415425778436987501148758612855750011437695198945360113344132864646301137830877481925145285594932275125682154367737011472684031323881776229862290890116182673810785216376577253104517215070076251201Actual cash balance4173041760417914182141852418834191341944419744200542036420641453444274136621401349418672000000112690299231363688374170710390399998021736904416875691199999802164132931539438915394388981804761207Forecast cash balance417304176041791418214185241883419134194441974420054203642064NA136621401349418672000000112690299231363688374170710390399998021736904416875691199999802164132928599999011549462933359730113734953771042001140867836948075Reserves Policy target417304176041791418214185241883419134194441974420054203642064632800063280006328000632800063280006328000632800063280006328000632800063280006328000Forecast receipts41730417604179141821418524188341913419444197442005420364206488116797000000067975921212189044125325542000000042932421279999998955597962800000003238809084000000081765115999999999118294529999999995154074366693074426997317707779370228112372570988713Forecast payments417304176041791418214185241883419134194441974420054203642064238478721184822418000000022289845232057142891985835430000000221254822799999998208284857000000032258147290000000522919706399999997245940733333333352459407333333333524594073333333335

Graph Cashflow

Cash flow

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Cashflow Graphs (2)

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Actual cash balance43556435864361743647436784370943739437704380043831438624389116666495800000001154521154399999991505469761434208993999999916487278419990342841808633717290600146045751531040513344639720000001Budget cash balance43556435864361743647436784370943739437704380043831438624389116250563359989354141435104531444214115544154033244129125356303974171452832449071858315274759226591801137749307977314011185463159853481421680110944308597320577835490871125552049390381312410892986285958Forecast cash balance4355643586436174364743678437094373943770438004383143862438911666649580000000115452115439999999150546976143420899399999991648727841999034284180863371665945146244956216334186968425557144850862925675211755606544689916816994344968062937Budget receipts435564358643617436474367843709437394377043800438314386243891870624199907164561107631107971143931193147613646361943287000504376847550905518173305398659646226103281694411926811486122395033080450422160911028880655317400500604074095661397826458200835140725066792136Actual receipts435564358643617436474367843709437394377043800438314386243891979925410000000151308953420000000926837886099999994198576246218726447200153438212934922720208162231071821880000000354Forecast receipts43556435864361743647436784370943739437704380043831438624389197992541000000015130895342000000092683788609999999419857624621872644720014353830282063854-31441050986011862283153504330032641470614472833832546467550820681932471161564056766Budget payments43556435864361743647436784370943739437704380043831438624389132825788399178102321468401481607843147281060475812331462955241402043313930169149616593240161726387816319424035567188453144249530001106223786548178588958291674304274782032838250670969158936583844594313833Actual payments435564358643617436474367843709437394377043800438314386243891307833015262693731694353019804268376829726263484565206357858454719343820Forecast payments435564358643617436474367843709437394377043800438314386243891307833015262693731694353019804268376829726263096495750157722727729394510882776288567969205832331899829789987772685451914859888130945820608876664

Cashflow workings (2)

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Council cashflow graph


Budget receipts435564358643617436474367843709437394377043800438314386243891870624199907164561107631107971143931193147613646361943287000504376847550905518173305398659646226103281694411926811486122395033080450422160911028880655317400500604074095661397826458200835140725066792136Actual receipts435564358643617436474367843709437394377043800438314386243891979925410000000151308953420000000926837886099999994198576246218726447200153438212934922720208162231071821880000000354Forecast receipts43556435864361743647436784370943739437704380043831438624389197992541000000015130895342000000092683788609999999419857624621872644720014353830282063854-31441050986011862283153504330032641470614472833832546467550820681932471161564056766Budget payments43556435864361743647436784370943739437704380043831438624389132825788399178102321468401481607843147281060475812331462955241402043313930169149616593240161726387816319424035567188453144249530001106223786548178588958291674304274782032838250670969158936583844594313833Actual payments435564358643617436474367843709437394377043800438314386243891307833015262693731694353019804268376829726263484565206357858454719343820Forecast payments435564358643617436474367843709437394377043800438314386243891307833015262693731694353019804268376829726263096495750157722727729394510882776288567969205832331899829789987772685451914859888130945820608876664Budget cash balance43556435864361743647436784370943739437704380043831438624389116250563359989354141435104531444214115544154033244129125356303974171452832449071858315274759226591801137749307977314011185463159853481421680110944308597320577835490871125552049390381312410892986285958Actual cash balance43556435864361743647436784370943739437704380043831438624389116666495800000001154521154399999991505469761434208993999999916487278419990342841808633717290600146045751531040513344639720000001Forecast cash balance4355643586436174364743678437094373943770438004383143862438911666649580000000115452115439999999150546976143420899399999991648727841999034284180863371665945146244956216334186968425557144850862925675211755606544689916816994344968062937Forecast cash balance4355643586436174364743678437094373943770438004383143862438911666649580000000115452115439999999150546976143420899399999991648727841999034284180863371665945146244956216334186968425557144850862925675211755606544689916816994344968062937Forecast cash balance4355643586436174364743678437094373943770438004383143862438911666649580000000115452115439999999150546976143420899399999991648727841999034284180863371665945146244956216334186968425557144850862925675211755606544689916816994344968062937Forecast cash balance4355643586436174364743678437094373943770438004383143862438911666649580000000115452115439999999150546976143420899399999991648727841999034284180863371665945146244956216334186968425557144850862925675211755606544689916816994344968062937

Council inc and exp graphs

HCPC Income per Month

Income budget435564358643617436474367843709437394377043800438314386243891279127328423792847566295477529610612915210308676430131232240010225736522074282319471Income actual4355643586436174364743678437094373943770438004383143862438912940461293681428488713072506309761229944673011182297258322901552799999998Income forecast43556435864361743647436784370943739437704380043831438624389129404612936814284887130725063097612299446730111817733333339295034757270896572197921311923584222505971664307132189380189035167522479604407431753

HCPC Expenditure per Month

Expenditure budget435564358643617436474367843709437394377043800438314386243891401617651241780683052980020649412230069980663091461305241326330687152982919430662833230795266322211497303043084483855032982516408056662428970742260018438285644975997004332674788309858048325832466999869393Expenditure actual43556435864361743647436784370943739437704380043831438624389136061162860371288995029509932822634277665332872072873911207597123Expenditure forecast435564358643617436474367843709437394377043800438314386243891360611628603712889950295099328226342776653328720659015772312948004155324388830314132851833226335839457212377672851159952429332338605509829015555

Graphs 1 (4)

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Graphs 2 (3)

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HCPC income - cumulative

Income budget43220432514328143312433434337343404434344346543496435244355527578876228183518328043794229389295829390583828638380329261379429005305529779001529194778528692413292464034Income budget cumulative43220432514328143312433434337343404434344346543496435244355527578876255762394500000002838061887000000011131954844999999914258606829999998171224448599999992004858280000000122949113350000001259270135288464913500000013171573265000000234640372990000002Income actual43220432514328143312433434337343404434344346543496435244355527783712837224281768428630463039567290588629534702786701275152429237212859326290731212Income actual cumulative432204325143281433124334343373434044343443465434964352443555277837156155958433279112963251433589217241778201952482298194925733473286571943151652034423832119999997Income forecast277837128372242817684286304630395672905886295347027867012751524298590928546582910057Income forecast cumulative277837156155958433279112963251433589217241778201952482298194925733473287193823157404034484097

HCPC expenditure - cumulative

Expenditure budget382201976285664953275843767276801522557937842861581812822696312752403132591689382653407220000000225814049700000002271384735Expenditure budget cumulative38220197666786692899999991943710695999999912205122161476306017624641809999999204473381199999972319974124999999625791430629999995284448378499999943102624281999999333740090169999994Expenditure actual3333529287165829682172858918259176225054152940591302103326854912796092264225634351510699999989Expenditure actual cumulative33335296205187917340412032322146240841712949920070090230911232577661428572706312149623465011307Expenditure forecast333352928716582968217285891825917622505415294059130210332685491296389190578687613103424716545421633219251156023005Expenditure forecast cumulative333352962051879173404120323221462408417129499200700902309112325776614287405059057868763184393062233229735165855737934597


Income budget cumulative435854361643646436774370843738437694379943830438614389043921279127356336528481218114359931439705417312264203990282341215125652161279095263011695432436425Income actual cumulative435854361643646436774370843738437694379943830438614389043921294046158772758726146117986521489626417890731209019132387449626164651280000001290883722800000013194769828000000134223270259999998Income forecast cumulative43585436164364643677437084373843769437994383043861438904392129404615877275872614611798652148962641789073120901913238744962616465128000000128389710996643074305790911856782432827051626421414



Capex graph

HCPC Capex expenditure

CAPEX Expenditure budget4355643586436174364743678437094373943770438004383143862438912431962364976666666659921507666666666599168416666666665992309166666666659923666666666666599240318333333334012384016666666659920640166666666599220601666666665992334016666666659923340166666666599CAPEX Expenditure Forecast435564358643617436474367843709437394377043800438314386243891-2265-8827619015583656538153825446570523387293271674617013835993790788CAPEX Expenditure actual435564358643617436474367843709437394377043800438314386243891-2265-882761901558365653815382540209236880118682920960435564358643617436474367843709437394377043800438314386243891435564358643617436474367843709437394377043800438314386243891Accumulative CAPEX Expenditure budget43556435864361743647436784370943739437704380043831438624389124319647969366666666599694770333333331988631869999999979109410366666666413307703333333315710886666666641809490333333332015891999999996223649366666666192469895333333327927032969999999939Accumulative CAPEX Expenditure forecast435564358643617436474367843709437394377043800438314386243891-2265-11092508091066451631833170083616650538505233999999997712219341173920339999999915575193399999999193659814Accumulative Capex Expenditure actual435564358643617436474367843709437394377043800438314386243891-2265-110925080910664516318331700835721759409760596589806100

Fc Graphs

Actual v Budget v Forecast YTD by Department

ActualCHACEXCOUCOMEDUFACFINFTPHUMPARITDPROOPSPOLREGSEC304308639447044999999995963046126939527262270650000000028799880423178389404984229353149564751921041180592404235577927561056470911261228799999999923699BudgetCHACEXCOUCOMEDUFACFINFTPHUMPARITDPROOPSPOLREGSEC36683550000000003311511180999999871169865528424055292683789999999981218727360000000122803739547212125999999986604877580903511298151499999999-13848781798867165523761153227513072096100000001ForecastCHACEXCOUCOMEDUFACFINFTPHUMPARITDPROOPSPOLREGSEC0000000000000000

Actual v Budget v Forecast at M7 (Oct-15)

ActualCHACEXCOUCOMEDUFACFINFTPHUMPARITDPROOPSPOLREGSEC0000000000000000BudgetCHACEXCOUCOMEDUFACFINFTPHUMPARITDPROOPSPOLREGSEC0000000000000000ForecastCHACEXCOUCOMEDUFACFINFTPHUMPARITDPROOPSPOLREGSEC1111111111111111

Income Graphs

Income by Profession

ASBSCHCSDTHADATODPORPAPHPSYPORASWSL4021518290739065625476737596036682392575319961909999999971087286311106215162239999999994769355196116799653163035-1012513988325

Income by Activity

Graduate Registration feesReadmission feesRenewal feesInternational scrutiny feesGrandparenting feesUK scrutiny fees573739519042393915561699999999498465NA384363

Graphs 1 (2)

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Income budget4173041760417914182141852418834191341944419744200542036420642144080724546283521506647492342764217015210121460352231738453891966522338912222619871545254721831721594615162150664749234276421149109772430458214977321619422136287726-12753234970000001Income actual417304176041791418214185241883419134194441974420054203642064211048535208484606218152761219924234999999962253675780000001221586030199999996225923729000000122191445799999982215927173221861421955642300000004-1310166532


Expenditure budget417304176041791418214185241883419134194441974420054203642064222373542645886522224020042047589139999999719952057200000007234706242206042300999999982117563050000000720308340599999987195899719557316400000006-11060572290000001Expenditure actual417304176041791418214185241883419134194441974420054203642064121010661000000012862661226238394183537814999999971857198990000000222182620600000005211016865999999832217678699999999319623504100000001212480322322724800000004-12502141209999999


Budget receipts4173041760417914182141852418834191341944419744200542036420641511660361846217317105871081001194861342064986011196126022794590126146518316553532919975369249409171097253596459511217840521045429747926397110366022108422021325110248573038001316911987776249Actual receipts41730417604179141821418524188341913419444197442005420364206488116797975921212189044125325542293242127999999555979628000000032388090841765115999999991829452999999991011095552859430190Budget payments41730417604179141821418524188341913419444197442005420364206423288819248585701228162773852072447522716771152228945147601992175696948109100125465257918898323695151537074801243648730194013012394289616726890222398458963438701231712141498467251584982961545Actual payments41730417604179141821418524188341913419444197442005420364206423847872118482241822898452320571428919858354321254822799999920828485722581472922919706399999801201112372213181467999998010Budget cash balance41730417604179141821418524188341913419444197442005420364206415425778436987501148758612855750011437695198945360113344132864646301137830877481925145285594932275125682154367737011472684031323881776229862290890116182673810785216376577253104517029847301251501Budget cash balance41730417604179141821418524188341913419444197442005420364206415425778436987501148758612855750011437695198945360113344132864646301137830877481925145285594932275125682154367737011472684031323881776229862290890116182673810785216376577253104517029847301251501Forecast cash balance4173041760417914182141852418834191341944419744200542036420640136621401349418672000000112690299231363688374170710390399998021736904416875691199999802164132928599999011549462933359730113734953771042001140867836948075Reserves Policy target417304176041791418214185241883419134194441974420054203642064632800063280006328000632800063280006328000632800063280006328000632800063280006328000Forecast receipts41730417604179141821418524188341913419444197442005420364206488116797000000067975921212189044125325542000000042932421279999998955597962800000003238809084000000081765115999999999118294529999999995154074366693074426997317707779370228112372570988713Forecast payments417304176041791418214185241883419134194441974420054203642064238478721184822418000000022289845232057142891985835430000000221254822799999998208284857000000032258147290000000522919706399999997245940733333333352459407333333333524594073333333335

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Exec Summary

Sheet1

Front cover

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Bridge


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Index

Variance analysis

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Bridge (2)

IampE (2)

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IampE

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at a glance

in month Bridge

in month

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IampE m6

IAConnection

inc by prof m6

Payroll

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Non payroll

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SOFP

ampP

Projects

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Cashflow Graphs





Graph Cashflow

Cash flow

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Cashflow Graphs (2)

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ampFampA

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Graphs 1 (4)

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Fc Graphs





Income Graphs



Income by Activity


Graphs 1 (2)

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Page 4

The variance in cash is mainly due to the timing difference for when the direct debit income is captured in the forecast and when the income is actually received This anomaly will be rectified in the next forecast cycle Also due to the delay of starting some projects and the impact of reduced expenditure and phasing of Capital spend the actual cash outflow is lower than the forecast

Statement of Financial Position Actual YTD ForecastBalance Sheet Aug-20 Aug-20

Total Fixed Assets 9183502 8794030

Current AssetsOther Current assets 1222700 1339545Cash amp cash equivalents 13344640 11398577

14567340 12738122Total Assets 23750842 21532152

Current LiabilitiesCurrent Liabilities 2137505 1916970Deferred Income 16633573 15289822

Total current liabilities 18771078 17206792

Liabilities greather than one year 163052 163052

Total Assets less liabilitie 4816712 4162307

Reserves (4491368) (4491368)This Periods (surplus)deficit (325344) 329060General Fund cfwd (4816712) (4162307)

Income and Expenditure Account Actual

Year to date

Forecast Variance

Full Year 3+9

forecastYTD up to end of August 20 pound pound pound poundIncome (A)

Registration Income 10951190 11003341 (52151) 26848602Other Income 80929 82206 (1277) 191493Income (A) 11032119 11085547 (53428) 27040095

Pay Costs 4705807 4838195 132388 12064669Non-Pay Costs 5237108 6169587 932479 16467734Depreciation 271781 269296 (2485) 742376

Total Operating Exp (B) 10214696 11277078 1062382 29274779

Turnaround Costs 279138 283878 4740 427440

Total Expenditurecopy 10493834 11560956 1067122 29702219

COVID-19 (D) (212941) 146349 (359290) 146349

Total Surplus(Deficit) E= (A-C+D) 325344 (329060) (654404) (2515776)


inmonth

iampe

TABLE 2

table 2a

TABLE 3

TABLE 4

sofp

capital

council

council1st forecast

inmonth

iampe

TABLE 2

table 2a

TABLE 3

TABLE 4

sofp

capital

council

council1st forecast

Appendix 2 ndash Registration process change

Background information Currently the HCPC offers to waive registration fees to the current professional cycle if a new graduate joins the register with less than 6 months to the end of the professional cycle This change relates specifically to new graduates joining in the last 6 months of the 2 year professional cycle Under the current process new graduate registrants are still asked to pay the scrutiny fee (pound63) plus one graduate yearrsquos registration fee (pound45) if a signed direct debit is provided with the application or two graduate years registration fees upfront (pound90) This means the registration fee they pay are towards the first year or both years of the upcoming professional cycle The rationale for this historic approach has not been documented but is thought to be associated with the minimising the payment processing for new applicants The registration transformation project team has been working with our external new system supplier and have identified that to replicate this early payment into a future cycle and to automate the process in the new system will cost a further pound87000 plus a further 6 weeks delay to the project A manual workaround was considered where intervention to the first renewal invoicing is required to manage this type of application together with other exceptions However this was considered to present an unacceptable risk of error The project board agreed that in order to significantly reduce the risk of introducing errors resulting from the manual approach a change in the business process was proposed The new process would mean the HCPC only charging those new UK graduates who are entitled to a free period in year 2 of the profession cycle a pound63 scrutiny fee with no registration fee These new registrants will be invited to renew 3 months before the start of the next professional cycle and their registration fee payment will be collected as part of the renewal process As the decision to waive the fees with the condition that new registrant pays one or two years upfront was originally made by the Council the Council is invited to approve this change in how the fee rules are being applied Benefit of the change An analysis to the proposed business change was conducted by the Business Improvement Team Lean Six Sigma Consultant who identified the following benefits

bull Simplifies ordersinvoices and provides a more transparent view for applicants

bull Aligns all registrant fee payments with already designed automated renewal invoices

bull Eliminates the need for manual intervention of ordersinvoices at renewal


bull Significantly decreases the need for manual intervention of direct debit collection dates manipulation

bull Eliminates the need for refunds of future yearrsquos fees if this type of registrant deregistersdoes not renew

bull New development of online application forms will only need to factor invoicing for applications as renewals will be automated

The change will also be beneficial to the new graduate registrants as they have less to pay up front at the point of joining the register in a free period Risk associated While this is a positive change for the registrants the change does pose some risks New applicants who join the register just before the renewal window may have to pay a scrutiny fee and registration fee separately within a short period of time Guidance on applying via the UK application route will be updated to explain this Registration advisors will need to manually amend initial templates for fees order creation at the point of processing of applications which is covered in system training and monitored by the registration process managers We will continue to monitor these types of risks Future phases of the registration project and the regulatory reform could provide opportunities for the HCPC to review the current fee collection processes in the medium term Impact on cash flow To understand the cash flow impact a review of the proposed process identified a negative cash flow of pound12060 per month for the first 5 months which then stabilises to be a permanent delay to cash inflow of pound60300 For simplicity the current financial forecasting (F1F9) model already assumes that these type of new UK graduates pay only pound63 scrutiny fee and no registration fee This means that there is no impact to the cashflow that Council considered as part of the financial strategyreserves policy discussion An improved financial forecast model is currently being developed to ensure accurate reflection of the actual processes The improved financial forecast model will need to be adjusted for the revised process


Enc 05 - Finance Report September 2020

The October 2020 management accounts and Q2 reforecast of the 2020-23 budget will be presented to Council in December

Enc 05a - 24 September Council - Finance update - Appendix 1 - P5 August 2020 Accounts Overview

Slide Number 1

Slide Number 2

Slide Number 3

Slide Number 4

Enc 05b - 24 September Council - Finance update- Appendix 2 - Registration process change

Statement of Financial Position 1st Quarter draft Forecast Original Budget Updated Budget Actual 6+6 Forecast Budget Draft Budget Draft Budget

Balance Sheet 20-21 20-21 20-21 31 March 2019 31 March 2020 31 March 2020 21-22 21-23

Total Fixed Assets 10336824 10208639 10336824 7898072 10336824 9513080 11439274 13007697

Current Assets

Other Current assets 2107310 2368084 2107310 2970827 2107310 1816503 2107310 2107310

Cash amp cash equivalents 6943454 5814380 6943454 18662518 6943454 11913206 8815268 6613648

9050764 8182464 9050764 21633345 9050764 13729709 10922578 8720958

Total Assets 19387588 18391103 19387588 29531417 19387588 23242790 22361851 21728654

Current Liabilities

Trade and other payables 613719 716184 613719 1578506 613719 216764 613719 613719

Other Liabilities 1303251 1560013 1303251 1612006 1303251 1612918 1303251 1303251

Deferred Income 15331975 15226491 15331975 22107880 15331975 19132839 19191666 17371225

Total current liabilities 17248945 17502688 17248945 25298391 17248945 20962522 21108636 19288196

Liabilities greather than one year 163052 163052 163052 163052 163052 163052 163052 163052

Total Assets less liabilities 1975592 725364 1975593 4069974 1975592 2117216 1090164 2277407

General Fund bfwd (4060631) (3294016) (4060631) (3539747) (4060631) (3583761) (1544855) (659427)

Rev Reserve - Land amp Building (430737) (298287) (430737) (298287) (430737) (22330) (430737) (430737)

This Periods (surplus)deficit 2515776 2866939 2515776 (231940) 2515776 1488875 885428 (1187243)

General Fund cfwd (1975592) (725364) (1975592) (4069974) (1975592) (2117216) (1090164) (2277407)

Statement of Financial Position Original Budget Updated Budget Actual 6+6 Forecast Budget Updated Budget Updated Budget

Balance Sheet 20-21 20-21 31 March 2019 31 March 2020 31 March 2020 21-22 21-23

Total Fixed Assets 10208639 10336824 7898072 10336824 9513080 11439274 13007697

Current Assets

Other Current assets 2368084 2107310 2970827 2107310 1816503 2107310 2107310

Cash amp cash equivalents 5814380 6943454 18662518 6943454 11913206 8815268 6613648

8182464 9050764 21633345 9050764 13729709 10922578 8720958

Total Assets 18391103 19387588 29531417 19387588 23242790 22361851 21728654

Current Liabilities

Trade and other payables 716184 613719 1578506 613719 216764 613719 613719

Other Liabilities 1560013 1303251 1612006 1303251 1612918 1303251 1303251

Deferred Income 15226491 15331975 22107880 15331975 19132839 19191666 17371225

Total current liabilities 17502688 17248945 25298391 17248945 20962522 21108636 19288196

Liabilities greather than one year 163052 163052 163052 163052 163052 163052 163052

Total Assets less liabilities 725364 1975593 4069974 1975592 2117216 1090164 2277407

General Fund bfwd (3294016) (4060631) (3539747) (4060631) (3583761) (1544855) (659427)

Rev Reserve - Land amp Building (298287) (430737) (298287) (430737) (22330) (430737) (430737)

This Periods (surplus)deficit 2866939 2515776 (231940) 2515776 1488875 885428

General Fund cfwd (725364) (1975592) (4069974) (1975592) (2117216) (1090164) (1090164)

CAPITAL EXPENDITURE

Capital Items Year to Date Full Year

Actual M3 Reforecast 202021 Variance M3 Forecast 202021 M3 Budget 202021

pound pound pound pound pound

Information Technology

Software Licences 0 10000 10000 25000 25000

Computer equipment 0 10190 10190 313520 313520

0 20190 20190 338520 338520

Office Equipment 58296 0 (58296) 90000 90000

Projects

P85 Reg Transformation and Improvement 580108 997500 417392 1246069 1607544

P98 Net-Regulate Changes (9907) 0 9907 0

P101 Education Changes 1819 (788) (788) 0 (788)

New Projects

Education Dynamic 365 0 0 0 140000

FTP CMS Replacement 0 0 0 222263

Reg Phase 3 0 0 0 0

Work Mobilisation 0 0 0 0

Total Projects 569413 996712 427299 1607544 1607544

Total Non-Projects 58296 20190 (38106) 428520 428520

Total Capital Expenditure 627709 1016902 389193 2036064 2036064

For Council

Statement of Financial Position Actual YTD Forecast Actual 3+6 Forecast Original Budget Statement of Financial Position Actual YTD Budget

Balance Sheet Aug-20 Aug-20 31 March 2020 31 March 2021 31 March 2021 Balance Sheet Aug-20 Aug-20

Total Fixed Assets 9183502 8794030 7898072 10336824 9513080 Total Fixed Assets 9183502 8794030

Current Assets Current Assets

Other Current assets 1222700 1339545 2970827 2107310 1816503 Other Current assets 1222700 1339545

Cash amp cash equivalents 13344640 11398577 18662518 6943454 11913206 Cash amp cash equivalents 13344640 11398577

14567340 12738122 21633345 9050764 13729709 14567340 12738122

Total Assets 23750842 21532152

Total Assets 23750842 21532152 29531417 19387588 23242790

Current Liabilities

Current Liabilities Current Liabilities 2137505 1916970

Trade and other payables 586455 613719 1578506 613719 216764 Deferred Income 16633573 15289822

Other Liabilities 1551050 1303251 1612006 1303251 1612918 Total current liabilities 18771078 17206792

Deferred Income 16633573 15289822 22107880 15331975 19132839

Total current liabilities 18771078 17206792 25298391 17248945 20962522 Liabilities greather than one year 163052 163052

Liabilities greather than one year 163052 163052 163052 163052 163052 Total Assets less liabilities 4816712 4162307

Total Assets less liabilities 4816712 4162307 4069974 1975592 2117216 Reserves (4491368) (4491368)

This Periods (surplus)deficit (325344) 329060

General Fund bfwd (4060631) (4060631) (3539747) (4060631) (3583761) General Fund cfwd (4816712) (4162307)

Rev Reserve - Land amp Building (430737) (430737) (298287) (430737) (22330)

This Periods (surplus)deficit (325344) 329060 (231940) 2515776 1488875

General Fund cfwd (4816712) (4162307) (4069974) (1975592) (2117216)

TABLE 4

Non Pay Costs Oct-19 Actual Budget Variance Full Year Budget

YTD up to end of Oct 19 pound pound pound pound pound

Expenditure

Chair 6063 30431 36684 6253 88071

Chief Executive 0 2304 19300 16996 45960

Council amp Committee 19174 96305 116987 20682 303079

Communications 67290 108622 111112 2490 242354

Office Services 209626 752083 1072092 320010 2534210

Finance 13570 70538 77725 7187 200186

Human Resources 12231 101292 206923 105632 481196

Human Resources Partners 495 4752 80904 76152 197676

IT Department 134836 714698 794412 79714 1962055

Major Projects without SW Transfer Costs 11845 4791 0 (4791) 0

Social Workers and Physician Assistants Transfer Costs ERRORREF ERRORREF ERRORREF ERRORREF ERRORREF

Project managers 0 72 1290 1218 2963

Professional Liaison Team - New 166 3957 38080 34123 127392

Quality Assurance 0 180 300 120 720

Secretariat 7536 17600 25868 8268 57303

PSA Levy 0 752711 752711 0 752711

Apprentice Levy 2634 14541 16410 1869 43200

Total Costs Support Departments (A) ERRORREF ERRORREF ERRORREF ERRORREF ERRORREF

Education 2435 38899 101099 62199 199826

Fitness to Practice 454639 2195879 3733670 1537791 8918268

Policy -1488 757 4889 4131 9355

Data and Intelligence Team - New 0 0 0 0 270

Registration 65721 326698 437990 111292 878513

Total Costs core regulatory Departments (B) 521308 2562233 4277647 1715414 10006232

Total Non Pay Costs (C=A+B) ERRORREF ERRORREF ERRORREF ERRORREF ERRORREF

TABLE 3

Payroll Costs Feb-20 Actual Budget Variance Full Year Budget

YTD up to end of August 20 pound pound pound pound pound

Expenditure

Chief Executive 76452 392167 441690 49523 1060056

Communications 24179 160774 173128 12355 445232

Office Services 26856 127905 146635 18730 349225

Finance 23526 161246 150313 (10933) 340620

Human Resources 76913 251858 453564 201706 1088555


IT Department 67933 326483 335403 8920 804967

Major Projects without SW Transfer Costs -10713 22692 0 (22692) 150000





Secretariat 14954 74770 92213 17443 221312

Pay Costs Support Departments (A) ERRORREF ERRORREF ERRORREF ERRORREF ERRORREF

Education 42388 223371 191585 (31786) 459804

Fitness to Practice 402969 1853964 1738451 (115512) 4136492

Policy 19464 101690 127444 25754 312807


Registration 172047 799425 836512 37087 1943996

Pay Costs core regulatory Departments (B) 636867 2978450 2893993 -84458 6927176

Total Pay Costs (C=A+B) ERRORREF ERRORREF ERRORREF ERRORREF ERRORREF

TABLE 2b

Income By Profession Year to date Income By Profession Year to date

Budgeted Income under pound15m Actuals 6+6 Forecast Full Year 6+6 Forecast Budgeted Income over pound15m Actual Full Year 6+6 Forecast Full Year 6+6 Forecast

YTD up to end of Mar 20 pound pound pound YTD up to end of Mar 20 pound pound pound

Prosthetists amp Orthotists 41021 42483 106564 Speech amp Language Therapists 646124 631561 1565152

Orthoptists 55826 56398 135566 Bio-medical Scientists 902128 890331 2187173

Hearing Aid Dispensers 118501 126004 304635 Practitioner Psychologists 942560 944916 2358370

Arts Therapists 172472 148615 409049 Paramedics 1096851 1064800 2724415

Clinical Scientists 238361 233852 590974 Radiographers 1517601 1526485 3604599

Dietitians 397768 427103 991866 Occupational Therapists 1530813 1534135 3754763

Chiropodists 482563 506271 1179838 Physiotherapists 2262487 2329986 5599768

Operating Department Practitioners 533979 527426 1305868 Social workers -506 0 0

Total Income 2040489 2068153 5024360 Total Income 8898058 8922215 21794243

TABLE 2

Income By Activity Period 12 Year to date

Actuals Actual Full Year 6+6 forecast Variance Variance Full Year Budget


Graduate Registration Fees 132584 573740 617205 (43465) -7 1854157

Readmission Fees 15120 90423 82650 7773 9 206456

Renewal Fees 1896951 9391556 9386618 4938 0 27765776

International Scrutiny Fees 81180 498465 507665 (9200) -2 1641998

UK Scrutiny Fees 147672 384363 396230 (11867) -3 968036

Registration Income 2273507 10938547 10990367 -51820 -05 32436424

Other Income 2065 12644 12974 (330) -3 0

Investment Income 419 8012 9289 (1277) -14 50000

Rental Income GCC 14583 72917 72917 0 0 175000

Total Income 2290574 11032119 11085547 -53428 -0 32661424

For Council

Income and Expenditure Account Actual Year to date Forecast Variance Full Year Original Budget Full Year 3+9 forecast Income and Expenditure Account Actual Year to date Forecast Variance Full Year 3+9 forecast

YTD up to end of August 20 pound pound pound pound pound YTD up to end of August 20 pound pound pound pound

Income (A) Income (A)

Registration Income 10951190 11003341 (52151) 27177526 26848602 Registration Income 10951190 11003341 (52151) 26848602

Rental Income 72917 72917 (0) 175000 175000 Other Income 80929 82206 (1277) 191493

Investment Income 8012 9289 (1277) 50000 16493 Income (A) 11032119 11085547 (53428) 27040095

Income (A) 11032119 11085547 (53428) 27402526 27040095

Expenditure Pay Costs 4705807 4838195 132388 12064669

Pay Costs 4705807 4838195 132388 12101636 12064669 Non-Pay Costs 5237108 6169587 932479 16467734

Non Pay Costs 5237108 6169587 932479 17045309 16467734 Depreciation 271781 269296 (2485) 742376

Depreciation 271781 269296 (2485) 695080 742376


Total Expenditure (B) 10214696 11277078 1062382 29842024 29274779 Turnaround Costs 279138 283878 4740 427440

Operating Surplus(Deficit) C= (A-B) 817423 (191531) 1008954 (2439498) (2234684) Total Expenditurecopy 10493834 11560956 1067122 29702219

COVID-19 (D) (212941) 146349 (359290) 146349

Missed Opportunity Costs - SWE 0 0 0 0 0

Impairment of Intangible Assets 0 0 0 0

Turnaround Costs 279138 283878 4740 427440 427440 Total Surplus(Deficit) E= (A-C+D) 325344 (329060) (654404) (2515776)

Total Other Exceptional Expenditure (D) 279138 283878 4740 427440 427440

COVID 19

Grant Income 0 255294 (255294) 0 255294

Grant Costs (212941) (108945) (103996) 0 (108945)

Total COVID 19 (E) (212941) 146349 (359290) 0 146349

Total Surplus(Deficit) F= (C+E-D) 325344 (329060) 654404 (2866940) (2515776)

Income and Expenditure Account Actual 6+6 Forecast Variance Full Year 6+6 forecast

Month of March 2020 pound pound pound pound

Income (A)

Registration Income 2275572 2233377 42195 32552165

Rental Income 14583 14583 -0 175000

Investment Income 419 7863 -7444 102261

Income (A) 2290574 2255823 34750 32829426

Expenditure

Pay Costs ERRORREF 1185493 ERRORREF ERRORREF

Non Pay Costs ERRORREF 1022222 ERRORREF ERRORREF

Depreciation 53295 85021 31726 963107

Total Expenditure (B) ERRORREF 2292736 ERRORREF ERRORREF

Operating Surplus(Deficit) C= (A-B) ERRORREF (36912) ERRORREF ERRORREF

Corporation Tax 0 0 0 0

FTP CIPAccounting Policy Changes 0 (342208) (342208) (1461041)


Total Other Exceptional Expenditure (D) 0 338740 338740 (115152)

Social Worker Changes

Grant Income 0 477737 (477737) 2064423

Grant Costs ERRORREF (477737) ERRORREF (2064423)

Total Social worker changes (E) ERRORREF 0 ERRORREF 0

Total Surplus(Deficit) F= (C+E-D) ERRORREF (375652) ERRORREF ERRORREF




Current Assets



9050764 8182464 9050764 21633345 9050764 13729709 10922578 8720958

Total Assets 19387588 18391103 19387588 29531417 19387588 23242790 22361851 21728654

Current Liabilities



Deferred Income 15331975 15226491 15331975 22107880 15331975 19132839 19191666 17371225











Current Assets



8182464 9050764 21633345 9050764 13729709 10922578 8720958

Total Assets 18391103 19387588 29531417 19387588 23242790 22361851 21728654

Current Liabilities



Deferred Income 15226491 15331975 22107880 15331975 19132839 19191666 17371225








CAPITAL EXPENDITURE







0 20190 20190 338520 338520


Projects




New Projects



Reg Phase 3 0 0 0 0


Total Projects 569413 996712 427299 1607544 1607544



For Council

Statement of Financial Position Actual YTD Forecast Actual 3+6 Forecast Original Budget Statement of Financial Position Actual YTD Forecast






14567340 12738122 21633345 9050764 13729709 14567340 12738122

Total Assets 23750842 21532152

Total Assets 23750842 21532152 29531417 19387588 23242790

Current Liabilities




Deferred Income 16633573 15289822 22107880 15331975 19132839









TABLE 4



Expenditure

Chair 6063 30431 36684 6253 88071

Chief Executive 0 2304 19300 16996 45960


Communications 67290 108622 111112 2490 242354

Office Services 209626 752083 1072092 320010 2534210

Finance 13570 70538 77725 7187 200186

Human Resources 12231 101292 206923 105632 481196


IT Department 134836 714698 794412 79714 1962055






Secretariat 7536 17600 25868 8268 57303

PSA Levy 0 752711 752711 0 752711

Apprentice Levy 2634 14541 16410 1869 43200


Education 2435 38899 101099 62199 199826


Policy -1488 757 4889 4131 9355


Registration 65721 326698 437990 111292 878513



TABLE 3



Expenditure

Chief Executive 76452 392167 441690 49523 1060056

Communications 24179 160774 173128 12355 445232

Office Services 26856 127905 146635 18730 349225

Finance 23526 161246 150313 (10933) 340620

Human Resources 76913 251858 453564 201706 1088555


IT Department 67933 326483 335403 8920 804967






Secretariat 14954 74770 92213 17443 221312


Education 42388 223371 191585 (31786) 459804


Policy 19464 101690 127444 25754 312807


Registration 172047 799425 836512 37087 1943996



TABLE 2b













TABLE 2






Renewal Fees 1896951 9391556 9386618 4938 0 27765776


UK Scrutiny Fees 147672 384363 396230 (11867) -3 968036


Other Income 2065 12644 12974 (330) -3 0



Total Income 2290574 11032119 11085547 -53428 -0 32661424

For Council







Income (A) 11032119 11085547 (53428) 27402526 27040095




Depreciation 271781 269296 (2485) 695080 742376




COVID-19 (D) (212941) 146349 (359290) 146349





COVID 19

Grant Income 0 255294 (255294) 0 255294

Grant Costs (212941) (108945) (103996) 0 (108945)

Total COVID 19 (E) (212941) 146349 (359290) 0 146349




Income (A)


Rental Income 14583 14583 -0 175000


Income (A) 2290574 2255823 34750 32829426

Expenditure



Depreciation 53295 85021 31726 963107








Grant Income 0 477737 (477737) 2064423




Graphs

Apr-14 May-14 Jun-14 Jul-14 Aug-14 Sep-14 Oct-14 Nov-14 Dec-14 Jan-15 Feb-15 Mar-15

Income budget 2144081 2150665 2170152 2231738 2233891 2222620 2183172 2150665 2114911 2149773 2161942 - 12753235

Income actual 2110485 2084846 2181528 2199242 2253676 2158603 2259237 2219145 2159272 2218614 2195564 - 13101665


Expenditure budget 2223735 2645887 2224020 2047589 1995206 2347062 2060423 2117563 2030834 1958997 1955732 -11060572

Expenditure actual 1210107 2862661 2262384 1835378 1857199 2218262 2110169 2217679 1962350 2124803 2232272 -12502141

AYTD

Arts Therapist AS 40215

Bio-medical scientists BS 182907

Chiropodists CH 90656

Clinical Scientist CS 47674

Dietitians DT 96037

Hearing Aid Dispensers HAD 23926

Occuptational Therapists AT 319962

Operating Department Practitioners ODP 108729

Orthopodists OR 11106

Paramedics PA 215162

Physiotherapists PH 476936

Practioner Psychologists PSY 196116

Prothetists amp Orthotists PO 7997

Radiographers RA 316304

Social Workers SW (101)

Speech Language SL 139883

Income by Activity Actual

Graduate Registration fees 573740

Readmission fees 90423

Renewal fees 9391556

International scrutiny fees 498465

Grandparenting fees ERRORNA

UK scrutiny fees 384363

YTD Actual vs Budget vs Forecast

Department Dep Actual Budget Forecast

Chair CHA 30431 36684 ERRORREF

Chief Executive CEX 394470 311511 ERRORREF

Council amp Committee COU 96305 116987 ERRORREF

Communications COM 269395 284241 ERRORREF

Education EDU 262271 292684 ERRORREF

Office Services FAC 879988 1218727 ERRORREF

Finance FIN 231784 228037 ERRORREF

Fitness to Practise FTP 4049842 5472121 ERRORREF

Human Resources HUM 353150 660488 ERRORREF

Human Resources Partners PAR 4752 80904 ERRORREF

IT Department ITD 1041181 1129815 ERRORREF

Major Projects without SW Transfer Costs PRO 240424 (1384878) ERRORREF

Project managers OPS 77928 179887 ERRORREF

Policy POL 105647 165524 ERRORREF

Registration REG 1126123 115323 ERRORREF

Secretariat SEC 92370 1307210 ERRORREF

Dep Actual Budget Forecast

CHA ERRORREF ERRORREF 100

CEX ERRORREF ERRORREF 100

COU ERRORREF ERRORREF 100

COM ERRORREF ERRORREF 100

EDU ERRORREF ERRORREF 100

FAC ERRORREF ERRORREF 100

FIN ERRORREF ERRORREF 100

FTP ERRORREF ERRORREF 100

HUM ERRORREF ERRORREF 100

PAR ERRORREF ERRORREF 100

ITD ERRORREF ERRORREF 100

PRO ERRORREF ERRORREF 100

OPS ERRORREF ERRORREF 100

POL ERRORREF ERRORREF 100

REG ERRORREF ERRORREF 100

SEC ERRORREF ERRORREF 100

Graphs - Capital expenditure

Periodic


CAPEX Expenditure budget 243196 236498 215077 168417 230917 236667 240318 238402 206402 220602 233402 233402

CAPEX Expenditure Forecast -2265 -8827 61901 55836 56538 153825 44657 23387 327167 461701 383599 379079

CAPEX Expenditure actual -2265 -8827 61901 55836 56538 153825 40209 236880 11868 292096 ERRORVALUE

Accumulative


Accumulative CAPEX Expenditure budget 243196 479694 694770 863187 1094104 1330770 1571089 1809490 2015892 2236494 2469895 2703297

Accumulative CAPEX Expenditure forecast -2265 -11092 50809 106645 163183 317008 361665 385052 712219 1173920 1557519 1936598

Accumulative Capex Expenditure actual -2265 -11092 50809 106645 163183 317008 357217 594097 605965 898061 ERRORVALUE ERRORVALUE

Graphs - Cumulative income and expenditure

2019-20

ERRORVALUE 0

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

2018-19

2019-20


Income budget 2791273 2842379 2847566 2954775 2961061 2915210 3086764 3013123 2240010 2257365 2207428 2319471

Income budget cumulative 2791273 5633652 8481218 11435993 14397054 17312264 20399028 23412151 25652161 27909526 30116954 32436425

Income actual 2940461 2936814 2848871 3072506 3097612 2994467 3011182 2972583 2290155 2923721 2859326 2275572

Income actual cumulative 2940461 5877275 8726146 11798652 14896264 17890731 20901913 23874496 26164651 29088372 31947698 34223270

Income forecast 2940461 2936814 2848871 3072506 3097612 2994467 3011182 2972583 2290155 2225060 2189380 2247960

Income forecast cumulative 2940461 5877275 8726146 11798652 14896264 17890731 20901913 23874496 26164651 28389711 30579091 32827052

Expenditure budget 4016177 3052980 3006998 3052413 2982919 3079527 3030431 2982516 2897074 2856450 2674788 2583247

Expenditure budget cumulative
Lulu Chama Lulu ChamaBudget now includes major projects also pound450 capex moved to opex 4016177 7069157 10076155 13128568 16111487 19191014 22221445 25203961 28101035 30957485 33632273 36215520

Expenditure actual 3606116 2860371 2889950 2950993 2822634 2776653 3287207 2873911 2075971 0 0 0

Expenditure actual cumulative 3606116 6466487 9356437 12307430 15130064 17906717 21193924 24067835 26143806 26143806 26143806 26143806

Expenditure forecast 3606116 2860371 2889950 2950993 2822634 2776653 3287207 2873911 2075971 0 0 0

Expenditure forecast cumulative 3606116 6466487 9356437 12307430 15130064 17906717 21193924 24067835 26143806 26143806 26143806 26143806

2018-19


Income budget 2757888 2818352 2804379 2938930 2939058 2863838 2926138 2900531 2977900 2919478 2869241 2924640


Income actual 2778371 2837224 2817684 2863046 3039567 2905886 2953470 2786701 2751524 2923721 2859326 2907312


Income forecast 2778371 2837224 2817684 2863046 3039567 2905886 2953470 2786701 2751524 2985909 2854658 2910057








Graphs - Income and expenditure

2019-20

ERRORVALUE 0

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

2018-19


Income budget 2791273 2842379 2847566 2954775 2961061 2915210 3086764 3013123 2240010 2257365 2207428 2319471

Income actual 2940461 2936814 2848871 3072506 3097612 2994467 3011182 2972583 2290155

Income forecast 2940461 2936814 2848871 3072506 3097612 2994467 3011182 2950348 2197921 2225060 2189380 2247960



Expenditure actual 3606116 2860371 2889950 2950993 2822634 2776653 3287207 2873911 2075971



Income budget 2757888 2818352 2804379 2938930 2939058 2863838 2926138 2900531 2977900 2919478 2869241 2924640

Income actual 2778371 2837224 2817684 2863046 3039567 2905886 2953470 2786701 2751524 2923721 2859326 2940461

Income forecast 2778371 2837224 2817684 2863046 3039567 2905886 2953470 2786701 2751524 2985909 2854658 2910057





Graphs - Income and Expenditure

2017-18

ERRORVALUE 0

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE


Income budget 2626997 2660756 2689162 2809636 2808967 2771607 2840858 2817534 2864760 2854523 2796495 2865682

Income actual ERRORNA ERRORNA ERRORNA ERRORNA ERRORNA ERRORNA ERRORNA ERRORNA ERRORNA ERRORNA ERRORNA ERRORNA

Income forecast



Expenditure actual ERRORNA ERRORNA ERRORNA ERRORNA ERRORNA 0 ERRORNA ERRORNA ERRORNA ERRORNA ERRORNA ERRORNA

Expenditure forecast


Income budget 2376686 2504858 2492324 2582962 2589049 2560753 2589905 2586429 2793796 2665674 2644757 2703855

Income actual 2455606 2507602 2515692 2641208 2722542 2602718 2645672 2572399 2657473 278841213 2628305 2710762

Income forecast 245560562 250760236 251569166 264120769 272254218 260271844 264567246 257239875 2657473 272301311030903 26759174179119 2739873400075





Graphs - Cashflow

2017-18

ERRORVALUE 0

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

Budgeted cash flow - workings Total

April May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar

Opening Balance 18662518 16250563 14143510 14115544 12912536 14528324 15274759 13774931 11854632 10908751 9732058 12555205

Op balance correction

Receipts 851261 1088268 2748081 1782924 4735727 3592563 1534986 1205524 1625086 1580624 5172464 3495647

Grant Income - 0 - 0 351870 141000 - 0 375608 141000 - 0 443437 141000 470508 - 0

Investment Income 4780 4780 4780 4780 4780 3843 3843 3843 3843 3843 3843 3843

Rental income 14583 14583 14583 14583 14583 14583 14583 14583 14583 14583 14583 14583

Total Cash Receipts 870624 1107631 3119315 1943287 4755091 3986596 1694412 1223950 2086949 1740050 5661398 3514073

Expenditure - From 1920 Budget 0

Departmentals 4016177 3052980 3006998 3052413 2982919 3079527 3030431 2982516 2897074 2856450 2674788 2583247

Project Costs (OPEX) 148690919

Project Costs (CAPEX) 22719600 22049767 19907667 15241667 21491667 22066667 22431833 22240167 19040167 20460167 21740167 21740167

Capex expenditure on computer equipment 1600000 1600000 1600000 1600000 1600000 1600000 1600000 1600000 1600000 1600000 1600000 1600000

PSA Levy - 902000 - 89810 920040

Apprenticeship levy

Less dilapidation - 434 - 434 - 434 - 434 - 434 - 434 - 434 - 434 - 434 - 434 - 434 - 434

Less depreciation - 74360 - 74360 - 74360 - 74101 - 74101 - 75598 - 76075 - 76235 - 70213 - 70065 - 69506 - 77870

Total payments 3282579 3214684 3147281 3146296 3139302 3240162 3194240 3144250 3032830 2916743 2838251 3658384

Closing Balance 16250563 14143510 14115544 12912536 14528324 15274759 13774931 11854632 10908751 9732058 12555205 12410893

- 2411955 - 2107053 - 27966 - 1203009 1615789 746435 - 1499828 - 1920299 - 945881 - 1176693 2823147 - 144312

4119 5119 6119 7119 8119 9119 10119 11119 12119 1120 2120 3120

Budget receipts 870624 1107631 3119315 1943287 4755091 3986596 1694412 1223950 2160911 1740050 5661398 3514073

Actual receipts 979925 1308953 2683789 1985762 4621872 6447200 1534382 1293492 2720208 1622310 71822

Forecast receipts 979925 1308953 2683789 1985762 4621872 6447200 1435383 - 314411 2831535 1470614 4646755 3247116

Budget payments 3282579 3214684 3147281 3146296 3139302 3240162 3194240 3144250 2378655 2916743 2838251 3658384

Actual payments 3078330 2626937 3169435 3019804 2683768 2972626 3484565 2063578 5845471 934382 ERRORVALUE

Forecast payments 3078330 2626937 3169435 3019804 2683768 2972626 3096496 2772939 2885680 3189983 2685452 3094582

Budget cash balance 16250563 14143510 14115544 12912536 14528324 15274759 13774931 11854632 14216801 9732058 12555205 12410893

Actual cash balance 16666496 15452115 15054698 14342090 16487278 19990343 18086337 17290600 14604575 15310405 13344640

Forecast cash balance 16666496 15452115 15054698 14342090 16487278 19990343 18086337 16659451 16334187 14485086 17556065 16994345

- 712608 2145188 3503064 - 1904006 - 1426886 - 325264 - 1849101 3070979 - 561720

Forecast capex

Andy Gillies Andy Gilliesactual ytd Forecast investment income

reserves policy lower range target - 6227914

fcast ytd cash receipts 21980009

fcast income 11160375

therefore fcast change in def inc 10819634

fcast 2016-17 cash receipts (FOR M6 REFORECAST) 31344495


therefore fcast change in def inc - 1178351

Actual cash receipts and cash payments workings

apr may jun jul aug sep oct nov dec jan feb Mar

Opening deferred income 22107880 20147344 18534066 18368984 17296823 18835666 22199837 20737621 19073136 19471732 18837323 16633573

Closing deferred income 20147344 18534066 18368984 17296823 18835666 22199837 20737621 19073136 19471732 18837323 16633573

Fee income for month 2940461 2922231 2848871 3057923 3083029 3083029 2996598 2957977 2321612 2256719 2275572

Therefore receipts from registrants 979925 1308953 2683789 1985762 4621872 6447200 1534382 1293492 2720208 1622310 71822 (16633573)

Other receipts 24032 24720 23823 23186 23490 23330 22447 26042 26845 20064 15002

Total receipts 1003957 1333673 2707612 2008948 4645362 6470530 1556829 1319534 2747053 1642374 86824 (16633573)

apr may jun jul aug sep oct nov dec jan Feb Mar

Opening other working capital (219685) (745206) (969003) (751419) (738384) (1105800) (1063652) (795245) (1761777) 1558461 (238176) (914805)

Closing other working capital (745206) (969003) (751419) (738384) (1105800) (1063652) (795245) (1761777) 1558461 (238176) (914805)

Expenditure for month including below the line items 3606116 2859561 2889950 2950933 2994646 2776653 3175949 2793230 2513365 2438923 2037688

Capex for the month (2265) (8827) 61901 55836 56538 153825 40209 236880 11868 292096 ERRORVALUE

Therefore total payments 3078330 2626937 3169435 3019804 2683768 2972626 3484565 2063578 5845471 934382 ERRORVALUE 914805

Capex for the month

cumulative budget change in wkg cap

Cumulative budgeted payments

cumulative budgeted opex

cum budgeted capex

Calculation of budgeted change in deferred income

Cumulative budgeted income 15498674

Cumulative budgeted receipts 18700906

Therefore cumulative budgeted change in deferred income 3202232

Calculation of full year budgeted change in deferred income

Full year budgeted income 27195417

Full year budgeted receipts 29413155

Therefore full year budgeted change in deferred income 2217738

16588145 15294882 14833058 13822202 15783796 19281700 17353964 16609920 13511502 14219494 ERRORVALUE ERRORVALUE

Depreciation 206956 306604 461121 461121 539729 628054 6909526 76703362 27178107

Cash at end of period 14029158 1609040029 1974282129 1781508529 1714964929 1413955629 1491044689 ERRORVALUE ERRORVALUE

Graphs - Cashflow

2019-20

ERRORVALUE 0

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

2018-19

Cash flow statement

From 1 April 2019 Year to date Year to date Year to date Year to date Full year Full year Full year

actual M6 forecast Budget M9 forecast budget M6 forecast M9 Forecast

pound pound pound pound pound pound pound

Operating surplus(deficit) 596470 (309765) (1300684) (849627) (3604096) (3461453) (849627)

Add Corporation tax 0

Less Depreciation 271781 269296 0 840225 886844 963107 840225

Less Accounting Changes 0 1211041

Less FTP Savings 0 250000

Add Turnaround Costs (279138) (283878) (1345888)

Grant received from Department of Education 0 255294 0 961734 2064423 2766370 961734

Decrease(increase) in debtors amp prepayments 1748127 1635659 320812 2492371 61629 918112 228991

Increase(decrease) in creditors (1053008) (1273543) 428987 (1537269) (17527) (1273543) (1383210)

(Decrease)increase in deferred income (5474307) (6818058) (6648854) 5088903 (3023269) (6775905) 899306

Net cash in(out)flow from operating activities (4190074) (6524995) (7199739) 6996338 (3631996) (6748160) 697420

Return on investments and servicing of finance

Investment Income 8012 9289 36134 114651 50798 102261 114651

Capital expenditure and financial investments

Purchase of fixed assets ERRORVALUE (190820) (1571089) (965521) (2703297) (1937005) (1506443)

Financing

Income from DOH 0 0 0

Increase(decrease) in cash ERRORVALUE (6706526) (8734692) 6145470 (6284495) (8582905) (694369)

Cash at beginning of period 18662518 18662518 18197701 18662518 18197701 18662518 11908026

Cash at end of period 13344640 11398577 9485903 18197701 11913206 6943454 18197701

Cash movement (5317878) (7263940) (8711798) (464817) (6284495) (11719064) 6289675

Check ERRORVALUE 557414 (22894) 6610287 (0) 3136159 (6984044)

0

Graphs - Cashflow

2015-16

2014-15

Capital expenditure

Actual M9 Reforecast 201819 M3 Reforecast 202021 Budget 201920 Variance M3 Forecast 202021 M9 Forecast 201819 Budget 201920 M6 Reforecast M6 Reforecast

YTD pound YTD pound YTD pound YTD pound pound Full Year pound Full Year pound Full Year pound pound Full Year pound October November December January February March

Land amp Buildings 0 0 0 0 0 0 540922 0 21089138 29560088 81941958 112620308 119267608 133787608

0 0 0 0 0 0 540922 0


Laptops and PCs

Server replacement

Software Licences 5264 17850 9760 0 4496 9760 17850 0 3011500 3011500 3011500 3011500 3011500 3011500

Software Licences newreplacement services 0 0

Office Furniture 0 0 0

Computer equipment ERRORVALUE 106002
Margaret Osibowale Margaret OsibowaleIncrease by pound19167 eqch month 136060
Tian Tian Tian Tianincrease by pound8936 each month 85750 ERRORVALUE 160000 106002 147000 2911847 2992847 2992847 3492847 3492847 3992847

Software 0

Hard Drive Storage 0

ERRORVALUE 123852 145820 85750 ERRORVALUE 169760 123852 147000 0 0

Office Equipment 0 5998 45000 26250 45000 45000 5998 45000

Projects

Capital Expenditure (excl 186 KPR) 32285 835671 0 1459089 (32285 ) 1722244 835671 2511297

Total Capital Expenditure ERRORVALUE 965521 190820 1571089 ERRORVALUE 1937005 1506443 2703297 0 0

Office and computer equipment disposals ERRORVALUE
Margaret Osibowale Margaret Osibowalepound49226 is the disposals in office equipment and computer equip
Margaret Osibowale Margaret OsibowaleIncrease by pound19167 eqch month
Tian Tian Tian Tianincrease by pound8936 each month 44931 (1082166)

Projects

Opex Capex Opex amp Capex Opex Capex Opex Capex

Actual Budget 202021 Budget 201920 Variance Actual Budget 202021 Budget 201920 Variance Actual Budget 202021 Budget 201920 Variance Budget 201920 Budget 201920 Budget 202021 Budget 202021

YTD pound YTD pound YTD pound pound YTD pound YTD pound YTD pound pound YTD pound YTD pound YTD pound pound Full Year pound Full Year pound Full Year pound Full Year pound

HR and Partners Build P78 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

Reg Transformation and Improvement P85 6771 0 103674 (6771) 32285
Margaret Osibowale Margaret OsibowaleInvestigate 825 946900 (32285) 39057 0 1050574 (39057) 502673 1570600 326979

HCPC website review and build P90 0 0 0 0 0 0 0 0 0 0 0 0 0

186 Kennington Park Road renovation P89 0 0 0 0 0 0 0 0 0 0 0 0 0

FTP CMS Review P94 0 0 0 0 88812 0 0 0 88812 0 45000 88812 0

FTP Improvement project P95 0 0 0 0 0 0 0 0 0 0 0 0

CPD Online Migraton P96 0 0 0 0 0 0 0 0 0 0 0 0 0

Education Changes 1718 P97 0 0 0 0 0 0 0 0 0 0 0 0 0

Netreg refresh P98 (6106) 0 13133 6106
Margaret Osibowale Margaret OsibowaleNeed to check with DD
Margaret Osibowale Margaret OsibowaleInvestigate 825 32181 0 (6106) 0 45314 6106 36236 32181 38736

Fee review P99 0 0 0 0 5750 0 0 0 5750 0 2500 5750 0

Sage amp WAP replacement P100 0 0 0 0 69000 0 0 0 69000 0 0 138000 0


Registration Analysis P103 0 0 0 0 0 0 0 0 0 0 0 0 0

HR system upgrade P102 0 0 0 0 53898 0 0 0 53898 0 0 53898 800

Regulation of Physician Associates P2005 0 0 0 0 0 0 0 0 0 0 0 470000 0 0

COVID-19 P201 212941 0 (212941) 0 0 212941 0 0 (212941) 0

Partner Portal Upgrade P2003 0 0 8670 0 11500 0 0 0 20170 0 37900 11500 34270

Education System Enhancements FY20 P2001 0 0 0 0 9402 0 0 0 9402 0 2200 56410 440

Regulatory Changes P2006 0 0 0 0 0 0 0 0 20000

CMS Phase 1 Replacement P2004 0 0 0 0 187500 0 0 0 187500 0 160000 500000 144096

EDI Enhancements to NetReg P2002 0 0 0 0 0 0 0 0 0 0 4800 0 0

213607 0 129175 (213607) 32285 0 1459089 (32285) 245892 0 1588264 (245892) 1263069 2511297 570231 0

Research Revalidation 0 ERRORREF 0 ERRORREF 0 0 ERRORREF ERRORREF

Regulation of Social workers P92 0 0 699574 (0) 0 0 0 0 0 0 699574 699574 1594423 0 2766370

Project Budget - Unallocated PXX 0 ERRORREF ERRORREF ERRORREF ERRORREF

Balance on Closed Projects ERRORREF ERRORREF

213607 0 828749 (213607) 32285 0 1459089 (32285) 245892 0 2287838 453682 2857492 2511297 3336601 0

COVID 19 Project Statement Actual YTD pound Capital Commentary

Total Costs Charged 212941 pound502k under the 6+6 forecast mainly due to the variance on the Registration transformation project and the CMS project Phase 1

Net Position - To be accrued (212941)

FALSE FALSE TRUE 1459089

Statement of Financial Position 0

Monday August 31 2020 569413 (569413)

Forecast 31 March 2015 Budget 31 March 2015 Actual Period 5 Month 3 Forecast YTD Month 9 Forecast YTD Budget YTD Budget 31 March 2021 Month 9 Forecast Full Year Month 3 Forecast Full Year Actual 31 March 2020 Budget 31 March 2020

Non-current assets Actual M6 YTD Budget YTD Budget full year 2425002

Land amp buildings at cost or valuation 5820000 5820000 5515921 5745000 5515921 5515921 5820000 5745000 5820000 0 0 ERRORREF (304079)

Land amp buildings depreciation ERRORVALUE (24250) (24250) (49752) (71813) (110322) (49752) (58200) (0) (0) (24250) (24250) ERRORREF (110322)

ERRORVALUE 5795750 5795750 5466170 5673187 5405599 5466170 5761800 5745000 5820000

ERRORVALUE 0 0

Computer equipment at cost ERRORVALUE 655653 675843 563027 726852 710027 563027 994173 541472 655653 0 20190 ERRORREF 54374

Computer equipment depreciation ERRORVALUE (533688) (533688) (435491) (516231) (484954) (435491) (575112) (437379) (501334) (32355) (32355) ERRORREF 16379

ERRORVALUE 121965 142155 127536 210621 225073 127536 419061 104093 154320

ERRORVALUE 0 0

Office furniture and equipment at cost ERRORVALUE 1298997 1240701 1182330 1245296 1227330 1182330 1330701 1200296 1240701 58296 0 ERRORREF (13371)

Office equipment depreciation ERRORVALUE (995245) (992873) (744287) (961599) (910175) (744287) (1097529) (746541) (917167) (78078) (75706) ERRORREF 6992

303752 247828 438043 283698 317155 438043 233172 453756 323534

0 0

Intangible assets 9918493 9564641 8145422 9837208 10656719 8145422 11172186 8110058 9349080 569413 215561 ERRORREF 1307638

Intangible depreciation (6956457) (6956344) (6480542) (7288572) (7091465) (6480542) (7249394) (6514835) (6819359) (137098) (136985) ERRORREF (272105)

2962035 2608297 1664880 2548637 3565254 1664880 3922792 1595223 2529721

Total non-current assets 5058501 6471000 9183502 8794030 7696628 8716143 9513080 7696628 10336824 7898072 8827574

0 0 0

Current assets 0 0 0

Other current assets 326000 400000 1222700 1339545 1878132 1557319 1816503 1878132 2107310 2970827 4370503 (3147803) (3030959) ERRORREF (2554000)

Cash amp cash equivalents 14086784 17314885 13344640 11398577 18197701 9485903
Tian Tian Tian Tian 11913206 18197701 6943454 18662518 11908026 1436614 (509449) ERRORREF 5180

14412784 17714885 14567340 12738122 20075833 11043222 13729709 20075833 9050764 21633345 16278529

Total assets 19471285 24185885 23750842 21532152 27772461 19759365 23242790 27772461 19387588 29531417 25106104

0 0 0

Current liabilities 0 0 0

Trade and other payables 2624845 2336000 586455 613719 216764 716183 216764 216764 613719 1578506 887714 (301259) (273996) ERRORREF (670950)

Other liabilities 1551050
Margaret Osibowale Margaret OsibowaleKN Invoice 1303251 1630445 1560013 1612918 1630445 1303251 1612006 2496764 (945714) (1193512) ERRORREF (883845)

Deferred income 13922000 19344000 16633573 15289822 22156109 15507255 19132839 22156109 15331975 22107880 17067206 (433633) (1777384) ERRORREF 2065634

Total current liabilities 16546845 21680000 18771078 17206792 24003318 17783451 20962522 24003318 17248945 25298391 20451683

0 0 0

Liabilities greater than one year 163052 163052 163052 163052 163052 163052 163052 163052 163052 0 0 (0)

0 0 0

Total assets less liabilities 2924440 2505885 4816712 4162308 3606092 1812862 2117216 3606092 1975592 4069974 4491368

0 0 0

General fund bfwd (3014923) (3040074) (4060631) (4060631) (3539747) (3294016) (3583761) (3539747) (4060631) (3539747) (3771687) (288944) 477671 187926

Rev Res - Land amp Building (430737) (430737) (22330) (298287) (22330) (22330) (430737) (298287) (430737) 0 132450 408407

This periods (surplus)deficit 90483 534189 (325344) 329060 ERRORNA 1779441 1488875 ERRORNA 2515776 (231940) (288945) (36399) 618005 2068385 1777820

Grant income 0 0 0 0 0 0 0 0 0 0

General fund cfwd (2924440) (2505885) (4816712) (4162308) ERRORNA (1812862) (2117216) ERRORNA (1975592) (4069974) (4491368)

4816712

Check - 0 - 0 ERRORNA (034) - 0 ERRORNA - 0 0 0

1126318


Monday August 31 2020

Period 5 Year to date Full year Period 5

Actual Actual Budget 3 +9 Forecast M9 Forecast Var Var 3 +9 Forecast Original Budget M9 Reforecast 5 Variance

Arts Therapists Arts Therapist 40215 172472 181668 148615 409049 23857 161 409049 440209 AS 284215 Arts Therapists 41394 (1179) -285

Bio-medical Scientists Bio-medical scientists 182907 902128 890054 890331 2187173 11797 13 2187173 2194007 1924891 Bio-medical Scientists 180881 2027 112

Chiropodists Chiropodists 90656 482563 506602 506271 1179838 (23708) (47) 1179838 1191061 1048988 Chiropodists 113610 (22954) -2020

Clinical Scientists Clinical Scientist 47674 238361 232441 233852 590974 4509 19 590974 597798 430466 Clinical Scientists 45238 2436 539

Dietitians Dietitians 96037 397768 430405 427103 991866 (29336) (69) 991866 999474 760479 Dietitians 89501 6536 730

Hearing Aid Dispensers Hearing Aid Dispensers 23926 118501 124456 126004 304635 (7503) (60) 304635 306918 189599 Hearing Aid Dispensers 31931 (8005) -2507

Occupational Therapists Occuptational Therapists 319962 1530813 1533455 1534135 3754763 (3322) (02) 3754763 3773799 3098471 Occupational Therapists 319555 407 013

Operating Department Practitioners Operating Department Practitioners 108729 533979 529271 527426 1305868 6552 12 1305868 1317997 989498 Operating Department Practitioners 107956 773 072

Orthoptists Orthopodists 11106 55826 55367 56398 135566 (572) (10) 135566 135788 107970 Orthoptists 12112 (1006) -830

Paramedics Paramedics 215162 1096851 1042386 1064800 2724415 32051 30 2724415 2749642 1798918 Paramedics 208825 6338 303

Physiotherapists Physiotherapists 476936 2262487 2464090 2329986 5599768 (67499) (29) 5599768 5744828 4245332 Physiotherapists 507574 (30638) -604

Practitioner Psychologists Practioner Psychologists 196116 942560 952050 944916 2358370 (2357) (02) 2358370 2353850 1749512 Practitioner Psychologists 194605 1511 078

Prosthetists amp Orthotists Prothetists amp Orthotists 7997 41021 43327 42483 106564 (1463) (34) 106564 107486 82196 Prosthetists amp Orthotists 8758 (762) -870

Radiographers Radiographers 316304 1517601 1544379 1526485 3604599 (8884) (06) 3604599 3663253 2583359 Radiographers 309822 6482 209

Social Workers Social Workers (101) (506) 0 0 0 (506) 00 0 7474024 Social Workers 0 (101) ERRORDIV0

Speech amp Language Therapists Speech Language 139883 646124 630423 631561 1565152 14563 23 1565152 1571416 1251452 Speech amp Language Therapists 131087 8796 671

Registration Income Registration Income 2273507 10938547 11160375 10990367 26818602 (51821) (05) 26818602 27147526 28019368 2302847 (29340) -127

Other Income Chequecredit card adjustments 2065 12644 12500 12974 81289 (330) (3) 30000 30000 12 Other Income

Total fee income Total income 2275572 10951190 11172875 11003341 26899891 (52151) (05) 26848602 27177526 28019380

Check to IampE - 0 - 0 - 0 - 0 0

Rental Income

Non-payroll costs


Period 5 Year to date Full year Full year

Actual Actual Forecast (3+9) Budget M9 Forecast Variance Variance Variance Variance Forecast (3+9) Full Year Forecast (M9) Original Budget

Chair 6063 30431 30431 36684 61912 0 00 6253 170 75973 61912 88071

Chief Executive 0 2304 2608 19300
Michael Tutt Michael TuttSubtract PSA Levy from IampE (238347) 304 117 16996 881 18208 82158 45960

Council amp Committee 19174 96305 102129 116987 296851 5824 57 20682 177 281186 296851 303079

Communications 67290 108622 117131 111112 478673 8509 73 2490 22 262741 295607 242354

Data Intelligence Team 0 0 0 0 0 00 0 00 150 270

Education 2435 38899 35644 101099 444872 (3256) (91) 62199 615 98997 300619 199826

Facilities Management 209626 752083 835217 1072092 2793046 83134 100 320010 298 2370033 2784583 2534210 Facilities Management

Finance 13570 70538 74591 77725 343069 4053 54 7187 92 210666 249152 200186

Fitness to Practise 454639 2195879 2828295 3733670 11627312 632416 224 1537791 412 8577879 10918985 8918268

Human Resources 12231 101292 164706 206923 266855 63414 385 105632 510 532792 506128 481196

Human Resources Partners 495 4752 3568 80904 351319 (1184) (332) 76152 941 169059 198557 197676

IT Department 134836 714698 754272 794412 1493413 39574 52 79714 100 1991069 1512881 1962055

Major Projects 11845 4791 56484 0 1087433 51693 915 (4791) 00 56484 ERRORREF 0 Major Projects

Operations Office 0 72 120 1290 35323 48 400 1218 944 288 1122 2963 Operations Office

Professional Liaison Team (1488) 757 2900 4889 37855 2143 739 4131 845 7532 152932 9355

Policy 166 3957 46590 38080 42633 915 34123 896 151322 127392

Quality Assurance 0 180 300 300 354701 120 400 120 400 720 86925 720

Registration 65721 326698 323467 437990 1419036 (3231) (10) 111292 254 809141 1329895 878513

Secretariat 7536 17600 22015 25868 (44749) 4415 201 8268 320 59175 30903 57303

PSA Levy 0 752711 752711 752711 902190 0 00 0 00 752711 924000 752711

Apprentice Levy 2634 14541 16410 16410 39220 1869 114 1869 114 41610 39220 43200

Non-payroll costs 1006775 5237108 6169587 7628444 21749985 932479 151 2391336 388 16467734 ERRORREF 17045309

COVID 19 Non-Pay Costs 33394 182018 98214 (83804) (853) (182018) 98214 0

1984393 9942915 11007782 12662967 33770921 2720052 28532404 ERRORREF 29146945

1984393 9942914 11116727 12664557 34632236 1064867 28532404 34632236 29146945

0 0 0 (1590) (861315) 1655185 0 ERRORREF 0

Payroll costs


Period 5 Year to date Annual

Actual Actual Forecast (3+9) M9 Forecast Budget Variance Forecast Variance Forecast Variance v Budget Variance v Budget Forecast (3+9) Full Year Forecast (M9) Original Budget

Chief Executive 76452 392167 387861 1042228 441690 (4306) (11) 49523 112 1042228 267391 1060056 CEX CEX

Communications 24179 160774 160461 379177 173128 (312) (02) 12355 71 379177 648516 445232 COM COM

Data Intelligence Team 0 0 0 0 0 00 43733 74078 DIT

Education 42388 223371 224499 537973 191585 1128 05 (31786) (166) 537973 867670 459804 EDU EDU

Facilities Management 26856 127905 136524 365006 146635 8618 63 18730 128 365006 304013 349225 FAC Facilities Management FAC

Finance 23526 161246 169975 379509 150313 8729 51 (10933) (73) 379509 487208 340620 FIN FIN

Fitness to Practise 402969 1853964 1893507 4472628 1738451 39544 21 (115512) (66) 4472628 4797112 4136492 FTP ADJ FTP ADJ

Human Resources 76913 251858 302611 904040 453564 50753 168 201706 445 904040 683457 1088555 HUM Hum

Human Resources Partners 0 0 0 0 0 0 00 0 00 0 134388 0 PAR PAR

IT Department 67933 326483 331247 805886 335403 4765 14 8920 27 805886 891718 804967 ITD ITD

Major Projects (10713) 22692 0 0 0 (22692) 00 (22692) 00 0 277379 150000 PRO PRO Major Projects

Operations Office 11143 77856 92126 268604 178597 14271 155 100742 564 268604 536020 278633 OPS OPS Operations Office

Professional Liaison Team 7151 35757 40308 122230 53964 4552 00 18207 337 122230 135885 PLT PLT

Policy 19464 101690 104811 303280 127444 3121 30 25754 202 303280 278878 312807 POL POL

Quality Assurance 22356 95851 96777 260586 115023 927 10 19172 167 260586 299978 QAD

Registration 172047 799425 821808 1957916 836512 22383 27 37087 44 1957916 1963979 1943996 REG REG

Secretariat 14954 74770 75678 221873 92213 908 12 17443 189 221873 226244 221312 SEC SEC

Payroll costs 977618 4705807 4838195 12020937 5034523 132388 27 328716 65 12064669 12363972 12101636

COVID 19 Transfer Payroll Costs 10553 30923 10731 (20192) (1882) (30923) 10731 0

0 0 0 (861315) (1590) (0)

ERRORREF


Wednesday September 30 2015

Year to date

Actual Budget Variance Variance Budget Variance Variance Full Year Budget

Arts Therapists 138861 143058 (4197) (29) 255290 ERRORREF ERRORREF 288163

Bio-medical scientists 920042 888271 31771 36 1812722 ERRORREF ERRORREF 1910597

Chiropodists 531938 521105 10833 21 1004331 ERRORREF ERRORREF 1030696

Clinical Scientists 204483 201053 3430 17 405735 ERRORREF ERRORREF 425921

Dietitians 391265 374076 17189 46 709564 ERRORREF ERRORREF 740756

Hearing Aid Dispensers 96210 86903 9307 107 164123 ERRORREF ERRORREF 176180

Occupational Therapists 1454782 1405916 48866 35 2830819 ERRORREF ERRORREF 3074882

Operating Department Practitioners 493586 463056 30530 66 949293 ERRORREF ERRORREF 945870

Orthopodists 54325 53944 381 07 107503 ERRORREF ERRORREF 107744

Paramedics 864634 804240 60394 75 1628288 ERRORREF ERRORREF 1645296

Physiotherapists 2141307 2050228 91079 44 4116484 ERRORREF ERRORREF 4063179

Practitioner Psychologists 852498 839930 12568 15 1526800 ERRORREF ERRORREF 1702642

Prothetists amp Orthotists 40999 38174 2825 74 79029 ERRORREF ERRORREF 81542

Radiographers 1301222 1172410 128812 110 2234880 ERRORREF ERRORREF 2386183

Social Workers 3681191 3609600 71591 20 1196868 ERRORREF ERRORREF 7395950

Speech amp Language Therapists 619530 579030 40500 70 6991620 ERRORREF ERRORREF 1219814

Registration Income 13786873 13230994 555879 42 26013349 ERRORREF ERRORREF 27195415

Chequecredit card adjustments (4) (4) 0

Total income 13786869 13230994 555875 42 26013349 ERRORREF ERRORREF 27195415

Check to IampE - 0 - 0

ltxml version=10 encoding=utf-16gt13lt--IAEngine xml stream out at 9112020 70032 PM--gt13ltMainReport Name=Main Report 1gt13 ltMainAttribute XMLVersion=1 gt13 ltMainAttribute ExcelOutput=True gt13 ltMainAttribute MultiplebookOutput=False gt13 ltMainAttribute EMailExcelOutput=False gt13 ltMainAttribute ExcelEntireWorkbook=False gt13 ltMainAttribute HTMLOutput=False gt13 ltMainAttribute EMailHTMLOutput=False gt13 ltMainAttribute HTMLEntireWorkbook=False gt13 ltMainAttribute PrinterOutput=False gt13 ltMainAttribute PrintEntireWorkbook=False gt13 ltMainAttribute WebArchive=False gt13 ltMainAttribute EMailWebArchive=False gt13 ltMainAttribute WebArchiveEntireWorkbook=True gt13 ltMainAttribute OutputAllLevel=False gt13 ltMainAttribute CreateContentsSheet=True gt13 ltMainAttribute OutputDirectory=CUsersosibowmDocumentsIALibraryReports gt13 ltMainAttribute AutoRun=False gt13 ltMainAttribute ReportNameFormat=Report for ampltamplt[Accounting Period

][Accounting Period]|Dampgtampgt ampltamplt[Cost Centre][Cost Centre Name]|Dampgtampgt ampltamplt[Department][Department Name]|Dampgtampgt gt13 ltMainAttribute AlternateContentsSheet= gt13 ltMainAttribute ContentsStartCell= gt13 ltMainAttribute TitleStartCell= gt13 ltMainAttribute ContentsSheetLink= gt13 ltMainAttribute CloseExcelAfterRun=False gt13 ltMainAttribute ReportPrintRange= gt13 ltMainAttribute EMailProperties= gt13 ltMainAttribute EMailBody=Please find attached the output from Sage BI For Sage 200 gt13 ltMainAttribute EMailSubject=Sage BI For Sage 200 Report Output gt13 ltMainAttribute WBPass= gt13 ltMainAttribute OUTPass= gt13 ltMainAttribute ReportSheet= gt13 ltMainAttribute AutoConnect=True gt13 ltMainAttribute reportLayoutVisible=False gt13 ltMainAttribute fileBasedCycles=False gt13 ltMainAttribute fileBasedCyclesFileName= gt13 ltMainAttribute InAdhocMode=False gt13 ltMainAttribute createIndexFile=False gt13 ltRecipients gt13 ltCycles gt13ltM

ainReportgt

Income and Expenditure


Period 6 Year to date Full year

Income by Activity Actual Actual Budget Variance Variance Month 9 Forecast Budget Variance Variance Full Year Budget

Graduate Registration fees 133995 779725 759574 20151 27 1429058 1553290 (124232) (80) 1534085

Readmission fees 19110 112280 106364 5916 56 172039 368540 (196501) (533) 313947

Renewal fees 1950116 11536136 11331580 204556 18 22281152 22510780 (229628) (10) 23360384

International scrutiny fees 113685 788165 540609 247556 458 1164720 809420 355300 439 1096140

Grandparenting fees 0 0 0 0 0 0 0

UK scrutiny fees 141687 570567 492867 77700 158 879978 771319 108659 141 890861

Registration Income 2358593 13786873 13230994 555879 42 25926947 26013349 (86402) (03) 27195417

Chequecredit card write offs 0 (4) 0 (4) 0

Total Income 2358593 13786869 13230994 555875 42 25926947 26013349 (86402) (03) 27195417

Chair 822 57565 44010 (13555) (308) 86691 78960 (7731) (98) 90707

Chief Executive 31704 197564
Michael Tutt Michael TuttLess PSA Levy shown in row37 189901 (7663) (40) 404409 395986 (8424) (21) 365181

Council amp Committee 17122 61493 116918 55425 474 218362 225780 7418 33 247954

Communications 97301 573189 697315 124126 178 1222190 1267699 45509 36 1283061

Education 65984 497522 557129 59607 107 909949 1100094 190145 173 1142769

Facilities Management 86813 819576 784808 (34768) (44) 1481400 1574250 92850 59 1950115

Finance 67349 417523 445764 28241 63 777447 848340 70893 84 844385

Fitness to Practise 1158877 6360531 6600332 239801 36 12614768 12229019 (385749) (32) 12959163

Human Resources 37753 316648 347742 31094 89 637604 679782 42178 62 733627

Human Resources Partners 3304 176142 249803 73661 295 448402 573691 125289 218 492354

IT Department 80910 964239 1103882 139643 127 1683271 1678902 (4369) (03) 1816465

Major Projects 61424 123567 360256 236690 657 620990 1077170 456180 423 693553

Operations Office 28746 313841 360238 46397 129 643028 638053 (4975) (08) 716378

Policy 23805 182601 215298 32697 152 381891 364813 (17078) (47) 441309

Registration 258836 1442302 1604916 162614 101 3036228 2804594 (231634) (83) 3024084

Secretariat 23266 119229 126072 6843 54 217601 260899 43298 166 246350

Depreciation 60257 359591 408918 49327 121 767187 749507 (17680) (24) 869954

Operating expenditure 2104272 12983124 14213302 1230178 87 25384231 25798031 413801 16 27917409

Operating surplus(deficit) 254321 803745 (982308) 1786054 1818 542716 215318 327399 1521 (721992)

Other expenditure

PSA Levy 73750 147500
gilliea gillieahard coded 165000 17500 106 660000

Impairment of Intangiable Assets 10524 10524 0 (10524) 0

Costs relating to Herbal Medicine 0 0 0 0 0

Costs relating to Revalidation 0 0 0 0 42927 0 (42927) 0

Regulation of Public Health Specialists 11789 31947 64256 32310 503 39150 0 (39150) 140000

Payroll costs for secondment to DOH 0

22314 189971 229256 39285 171 26776211 26762856 641443 24 800000

Other income

Investment Income 13971 81271 0 81271 101915 0 101915 0

Grant Income 0 0 0 0 114150 0 114150 0

13971 81271 0 81271 216065 0 216065 0 0

Revaluation

Revaluation on Freehold land and buildings 0 0 0 0 0

0 0 0 0 0 0

Total surplus(deficit) 245979 695045 (1211565) 1906610 1574 (26017430) (26547538) 1184907 45 (1521992)

Income by Activity Apr-Dec Oct Nov Dec Jan Feb Mar

Graduate Registration Fees 1189976 2164658 2164755 2205305 7724695

Readmission Fees 173975 - 0 - 0 38722 212697

Renewal Fees 17533839 17533839

International Scrutiny Fees 1238120 94919 95159 103668 1531865

UK Scrutiny Fees 854936 51143 52016 58189 1016285

20990846 2310720 2311930 2405883 28019380


Arts Therapists 216076 22818 22587 22736 284216

Bio-medical scientists 1399404 175203 174647 175637 1924891

Chiropodists 795017 84566 84466 84940 1048988

Clinical Scientists 321145 35742 36369 37209 430466

Dietitians 581191 59161 59503 60623 760479

Hearing Aid Dispensers 146813 14156 14204 14425 189599

Occupational Therapists 2258344 279084 281457 279586 3098471

Operating Department Practitioners 745151 81857 80742 81747 989498

Orthopodists 81425 8877 8841 8828 107970

Paramedics 1380237 139435 139899 139346 1798918

Physiotherapists 3228355 337341 336971 342665 4245332

Practitioner Psychologists 1323794 141121 141403 143194 1749512

Prothetists amp Orthotists 61232 7140 6836 6988 82196

Radiographers 1934444 188754 189483 270678 2583359

Social Workers 5574675 633116 633116 633116 7474024

Speech amp Language Therapists 943544 102345 101402 104161 1251452

20990847 - 0 - 0 - 0 2310716 2311927 2405879 28019369

2310720 2311930 2405883

(4) (4) (4)

Income and Expenditure In Month March 20


Period 5 Period 5 Year to date Full Year

Income by Activity Actual M12 Forecast Variance v M12 Forecast Variance v YTD M12 Forecast Actual 2019-20 Budget M6 Forecast YTD M9 Forecast YTD Variance v YTD M6 Forecast Variance v YTD M6 Forecast M6 Forecast Variance M6 Forecast v Annual Budget Variance M6 Forecast v Annual Budget Forecast (6+6) Full Year Forecast (M9) Budget

Graduate Registration Fees 132584 107483 25102 19 573740 617202 1382263 1762617 (808523) (58) 1806726 (47431) (3) 1711385 1762617 1854157

Readmission Fees 15120 29500 (14380) (95) 90423 83028 235176 296769 (144753) (62) 287620 81164 39 264677 296769 206456

Renewal Fees 1896951 1905644 (8694) (0) 9391556 9514215 21930148 29616333 (12538592) (57) 29554238 1788462 6 27623055 29616333 27765776

International Scrutiny Fees 81180 149114 (67934) (84) 498465 555654 1404888 1617384 (906423) (65) 1756816 114818 7 1858016 1617384 1641998

UK Scrutiny Fees 147672 39438 108234 73 384363 390276 958311 1118143 (573948) (60) 1116484 148448 15 1065713 1118143 968036

Registration Income 2273507 2231180 42327 (87) 10938547 11160375 25910786 34411246 (14972239) (58) 34521884 2085460 6 32522845 34411246 32436424 (21497877)

Chequecredit card write offs Other Income 2065 2197 (132) (6) 12644 12500 22729 81289 (10085) (225) 78258 78258 0 29320 81289 0

Rental Income GCC 14583 14583 (0) (0) 72917 72917 131250 130299 (58333) (44) 130299 (44701) (26) 175000 130299 175000

Total Income 2290155 2247960 42195 2 11024107 11245792 26064765 34622834 (15040658) (43) 34730441 2119017 6 32727165 34622834 32611424

Chair 6063 7421 1358 18 30431 36684 59202 61912 28771 49 59456 33436 36 81464 61912 92892 PRE PRE

Chief Executive amp SMT Chief Executive 76452 70831 (5622) (8) 394470 311511 637825 803881 243355 38 793322 54938 6 850677 803881 848259 CEX CEX

Council Committees Council amp Committee 19174 29970 10795 36 96305 116987 249467 296851 153163 61 286293 33396 10 325372 296851 319690 COU COU

Communications 91468 55315 (36153) (65) 269395 284241 509587 857850 240191 47 944760 (114061) (14) 688082 857850 830699 COM COM

Data and Intelligence Team 0 0 0 0 0 0 0 0 0 0 24783 DIT

Education 44823 83641 38819 46 262271 292684 589724 982845 327453 56 974065 (131322) (16) 793749 982845 842742 EDU EDU

Office Services 236483 245258 8776 4 879988 1218727 1986147 3158052 1106159 56 3159655 (170256) (6) 2726720 3158052 2989399 Facilities Management FAC KEN STY KEN FAC STY

Finance Finance 41056 68209 27153 40 231784 228037 676046 722578 444262 66 734539 62925 8 873105 722578 797464 FIN FIN

Fitness to Practise 857609 1143117 285508 25 4049842 5472121 12328986 16099941 8279144 67 16146008 (588865) (4) 15752198 16099941 15557143 FTP ADJ FTP ADJ

Human Resources Human Resources 89144 86077 (3067) (4) 353150 660488 803714 1170895 450564 56 1215934 52771 4 1069544 1170895 1268705 HUM HUM

Human Resources Partners (3465) 23007 26472 115 4752 80904 247332 351319 242581 98 343513 43031 11 353844 351319 386544 PAR PAR

IT Department 202769 207254 4485 2 1041181 1129815 1829257 2299300 788076 43 2299318 347282 13 2490056 2299300 2646600 ITD ITD

Major projects () Major Projects without SW Transfer Costs 45199 105026 59828 57 240424 (699574) 234137 1087433 (6286) (3) 2239692 (1446623) (182) 570231 1087433 793069 PRO Major Projects PRO

Social Workers Transfer Costs (120) 477737 477857 100 0 699574 1547145 961734 1547145 100 2766370 961734 2064423

Project managers 11143 23572 12429 53 77928 179887 262315 303927 184387 70 360590 31801 8 333029 303927 392391 OPS OPS Operations Office

Policy amp Standards Policy 19630 47912 28282 59 105647 165524 196470 341135 90823 46 329710 (15123) (5) 305981 341135 314587 POL POL

Professional Liaison Team 0 7011 7011 100 0 0 7011 7011 100 28044 16125

Quality Assurance 22356 43805 21449 49 96031 26145 373876 615287 277845 74 638615 (98328) (18) 501671 615287 540287 QAD

Registration 237768 311149 73381 24 1126123 115323 2569742 3376951 1443619 56 3476616 (168969) (5) 3446150 3376951 3307647 REG REG

Governance Secretariat 22490 29858 7367 25 92370 1307210 242146 177125 149776 62 192340 157883 45 329045 177125 350223 SEC SEC

Depreciation Expense Depreciation 53295 85021 31726 37 271781 0 713626 840225 441845 62 871654 15191 2 963107 840225 886844 DEP DEP

PSA Levy 0 0 0 0 752711 902190 902190 924000 149479 17 924000 (21810) (2) 902190 924000 902190 PSA

Apprenticeship Levy 2634 3200 566 18 14541 18000 28391 39220 13850 49 39506 3308 8 37991 39220 42814 2333-211-CEX

Operating expenditure 2075971 3154389 1078418 34 10391123 12546476 26994336 35472461 16603213 615 36029588 (1919398) (5) 36188619 35472461 36215520

Operating surplus(deficit) 214184 (906429) 1120613 (32) 632984 (1300684) (929571) (849627) 1562555 (1299147) 199619 (3461453) (849628) (3604096)

Other expenditure

Turnaround costs 0 680948 680948 100 279138 0 499678 220540 44 1345888 0

Impairment of Intangible Assets CIPAccounting Policy Changes 0 (342208) (342208) 0 0 (484416) ERRORNA (484416) ERRORNA ERRORNA (1461041) ERRORNA 0

Impairment on Freehold land and buildings 0 0 0 0 0 0 0

Corporation Tax 0 0 0 0 0 0 0 0

0 338740 338740 279138 0 15262 ERRORNA (263876) ERRORNA ERRORNA (115152) ERRORNA 0

Other income

Investment Income 419 7863 (7444) (1779) 8012 31544 78672 114651 (70660) (90) 81788 30989 102261 114651 50798

Grant Income 0 477737 (477737) ERRORDIV0 0 0 1547145 961734 (1547145) (100) 1015093 (1049330) 2766370 961734 2064423

419 485600 (485181) (115922) 8012 31544 1625817 1076385 (1617805) 1096880 (1018341) 2868631 1076385 2115221

Revaluation

Revaluation on Freehold land and buildings 0 0 0 0 0 0

0 0 0 0 0 0

Total surplus(deficit) 214603 (759569) 974171 361858 (1269140) 680984 ERRORNA (319126) ERRORNA ERRORNA (477670) ERRORNA (1488875)

961734

43847586 25946869

995264693 196355429 ERRORREF ERRORREF 2626287349 725

80033391

M12 Forecast Surplus (Deficit) (759569)

DfE Grant Variance (477737)

SW Transfer Variance 477857

Scrunity Fee Variance 40299

Scrunity Cost Variance 16703

Other Income (5549)

FTP 285508

Registration 73381

Turnaround Costs 680948

Major Projects 59828

IT Department 4485

Human Resources (3067)

Office Services 8776

Other Departments 36628

Quality Assurance 21449

Accounting Changes (342208)

M11 Actual Surplus(Deficit) 117732

214603

(96871)

Operational Expenditure YTD Pay YTD Non-Pay Income YTD Income In month Inc Pay Non-Pay in month income Income Income 2 Total For Council Income By Profession Expenditure

Departments pound pound By Profession pound Var Var Var Var Year to Date

Chair 0 0 Arts Therapists 172472 40215 000 000 -28475682815 1605 Income By Profession Aug-20 Year to date Aug-20 Year to date Pay Non-Pay Total

Chief Executive 0 0 Bio-medical Scientists 902128 182907 000 000 11203536299 133 Arts Therapists 40215 172472 Paramedics 215162 1096851 Chair Council amp Committee 0 126735 126735

Council amp Committee 0 0 Chiropodists 482563 90656 000 000 -202039067712 -468 Bio-medical Scientists 182907 902128 Physiotherapists 476936 2262487 Chief Executive 392167 769556 1161722

Communications 0 0 Clinical Scientists 238361 47674 000 000 53853715597 193 Chiropodists 90656 482563 Practitioner Psychologists 196116 942560 Policy amp External Relations 298221 113336 411556

Education 0 0 Dietitians 397768 96037 000 000 73023598825 -687 Clinical Scientists 47674 238361 Prosthetists amp Orthotists 7997 41021 HR amp Office Services 379763 858126 1237890

Office Services 0 0 Hearing Aid Dispensers 118501 23926 000 000 -250702577059 -595 Dietitians 96037 397768 Radiographers 316304 1517601 IT amp Major projects 427030 719561 1146591

Finance 0 0 Occupational Therapists 1530813 319962 000 000 01272385822 -022 Hearing Aid Dispensers 23926 118501 Social Workers -101 -506 Governance amp QAD 170621 17780 188400

Fitness to Practise 0 0 Operating Department Practitioners 533979 108729 000 000 07158747277 124 Occupational Therapists 319962 1530813 Speech amp Language Therapists 139883 646124 FTP 1853964 2195879 4049842

Human Resources 0 0 Orthoptists 55826 11106 000 000 -8303347046 -101 Operating Department Practitioners 108729 533979 Registration Income 2275572 10951190 Registration 799425 326698 1126123

Human Resources Partners 0 0 Paramedics 1096851 215162 000 000 30348572914 30348572914 301 301 Orthoptists 11106 55826 Other Income 15002 80929 Education 223371 38899 262271

IT Department 0 0 Physiotherapists 2262487 476936 000 000 -60362164529 -60362164529 -290 -290 Other Registration Income 2065 12644 Total Income 2290574 11032119 Finance 161246 70538 231784

Major Projects without SW Transfer Costs 0 0 Practitioner Psychologists 942560 196116 000 000 07763778878 07763778878 -025 -025 Depreciation 0 271781 271781

Project (Managers) 0 0 Prosthetists amp Orthotists 41021 7997 000 000 -8697103118 -8697103118 -344 -344 Transformation Costs 0 279138 279138

Policy 0 0 Radiographers 1517601 316304 000 000 2092109285 2092109285 -058 -058 Total 4705807 5788027 10493834

Professional Liaison Team - New 0 0 Social Workers -506 -101 000 000 0 0 000 000 COVID 19 30923 182018 212941

Quality Assurance 0 0 Speech amp Language Therapists 646124 139883 000 000 67100658184 67100658184 231 231 Colour Legend

Registration 0 0 000 000 More than 5 better than budget

Secretariat 0 0 000 000 More than 5 worse than budget

PSA Levy 0 0 000 000 Close to Budget

Apprenticeship Levy 0 0 000 000 Between 25 amp 5 better than budget

Depreciation 0 271781 0 -092 Between 25 amp 5 worse than budget

Total Operational Costs 0 271781 Total Income by Profession 10938547 2273507 -127 -04715101203

Exceptional Costs 279138 Other Income 93572 1706681 222 -16891476841 -16891476841 -00168914768 -00168914768

Total Expenditure 0 550919 Total Income 11032119 -21003530414 -21003530414 -04819621293 -04819621293

Chair Council amp Committee 0 0 439 439

Chief Executive 392167 769556 -111 028 -01839082787

Policy amp External Relations 298221 113336 241 3198 128432457186

HR amp Office Services 379763 858126 135201228092 14485881293 141919045966

IT amp Major projects 427030 719561 -08636979688 12755891848 71021726468

Governance amp QAD 170621 17780 1064128085 203226725844 32705810966

FTP 1853964 2195879 20883737741 411871234251 142309977703

Registration 799425 326698 2723617537 254097700599 16722240694

Education 223371 38899 05022605604 615233575001 -0818005398

Finance 161246 70538 51353648425 92466904746 52262191153

Depreciation 271781 0 -09228662369 -09228662369

Transformation Costs 279138 0 22180422983 22180422983

4705807 5661291 27363055414 387600670644 92303993492

0 -126735



Period 5 Year to date

Income by Activity Actual Actual 2019-20 Budget M6 Forecast YTD M9 Forecast YTD Variance v YTD M6 Forecast Variance v YTD M6 Forecast M6 Forecast Variance M6 Forecast v Annual Budget Variance M6 Forecast v Annual Budget Full Year Forecast (M6) Full Year Forecast (M9) Full Year Budget

Graduate Registration Fees 132584 573740 617202 1494000 1762617 (920261) (62) 1806726 (47431) (3) 1711385 1762617 1854157

Readmission Fees 15120 90423 83028 235176 296769 (144753) (62) 287620 81164 39 264677 296769 206456

Renewal Fees 1896951 9391556 9514215 23824083 29616333 (14432526) (61) 29554238 1788462 6 27623055 29616333 27765776

International Scrutiny Fees 81180 498465 555654 1572513 1617384 (1074048) (68) 1756816 114818 7 1858016 1617384 1641998

UK Scrutiny Fees 147672 384363 390276 993293 1118143 (608930) (61) 1116484 148448 15 1065713 1118143 968036

Registration Income 2273507 10938547 11160375 28119065 34411246 (17180519) (61) 34521884 2085460 6 32522845 34411246 32436424 (21497877)

Chequecredit card write offs Other Income 2065 12644 12500 24926 81289 (12282) (203) 78258 78258 0 29320 81289 0

Rental Income GCC 14583 72917 72917 145833 130299 (72917) (50) 130299 (44701) (26) 175000 130299 175000

Total Income 2290155 11024107 11245792 28289825 34622834 (17265718) (50) 34730441 2119017 6 32727165 34622834 32611424

Chair 6063 30431 36684 66623 61912 36192 54 59456 33436 36 81464 61912 92892 PRE PRE

Chief Executive amp SMT Chief Executive 76452 394470 311511 684844 803881 290373 42 793322 54938 6 850677 803881 848259 CEX CEX

Council Committees Council amp Committee 19174 96305 116987 270401 296851 174097 64 286293 33396 10 325372 296851 319690 COU COU

Communications 91468 269395 284241 580992 857850 311596 54 944760 (114061) (14) 688082 857850 830699 COM COM

Data and Intelligence Team 0 0 0 0 0 0 0 24783 DIT

Education 44823 262271 292684 656878 982845 394607 60 974065 (131322) (16) 793749 982845 842742 EDU EDU

Office Services 236483 879988 1218727 2238271 3158052 1358283 61 3159655 (170256) (6) 2726720 3158052 2989399 Facilities Management FAC KEN STY KEN FAC STY

Finance Finance 37096 231784 228037 741811 722578 510027 69 734539 62925 8 873105 722578 797464 FIN FIN

Fitness to Practise 857609 4049842 5472121 13470864 16099941 9421022 70 16146008 (588865) (4) 15752198 16099941 15557143 FTP ADJ FTP ADJ

Human Resources Human Resources 89144 353150 660488 913590 1170895 560441 61 1215934 52771 4 1069544 1170895 1268705 HUM HUM

Human Resources Partners 495 4752 80904 293523 351319 288771 98 343513 43031 11 353844 351319 386544 PAR PAR

IT Department 202769 1041181 1129815 2058360 2299300 1017180 49 2299318 347282 13 2490056 2299300 2646600 ITD ITD

Major projects () Major Projects without SW Transfer Costs 45199 240424 (1384878) 352593 1087433 112170 32 2239692 (1446623) (182) 570231 1087433 793069 PRO Major Projects PRO

Social Workers Transfer Costs (120) 0 1384878 2076342 961734 2076342 100 2766370 961734 2064423

Project managers 11143 77928 179887 285886 303927 207959 73 360590 31801 8 333029 303927 392391 OPS OPS Operations Office

Policy amp Standards Policy 19630 105647 165524 240769 341135 135122 56 329710 (15123) (5) 305981 341135 314587 POL POL

Professional Liaison Team 0 0 0 14022 14022 100 28044 16125

Quality Assurance 22356 96031 26145 414202 615287 318172 77 638615 (98328) (18) 501671 615287 540287 QAD

Registration 237768 1126123 115323 2881090 3376951 1754967 61 3476616 (168969) (5) 3446150 3376951 3307647 REG REG

Governance Secretariat 22490 92370 1307210 270637 177125 178267 66 192340 157883 45 329045 177125 350223 SEC SEC

Depreciation Expense Depreciation 53295 271781 0 795009 840225 523228 66 871654 15191 2 963107 840225 886844 DEP DEP

PSA Levy 0 752711 902190 902190 924000 149479 17 924000 (21810) (2) 902190 924000 902190 PSA

Apprenticeship Levy 2634 14541 18000 31591 39220 17050 54 39506 3308 8 37991 39220 42814 2333-211-CEX

Operating expenditure 2075971 10391123 12546476 30240489 35472461 19849366 656 36029588 (1919398) (5) 36188619 35472461 36215520

Operating surplus(deficit) 214184 632984 (1300684) (1950665) (849627) 2583649 (1299147) 199619 (3461453) (849628) (3604096)

Other expenditure

Turnaround costs 0 279138 0 582309 303171 52 1345888 0

Impairment of Intangible Assets CIPAccounting Policy Changes 0 0 0 (776624) ERRORNA (776624) ERRORNA ERRORNA (1461041) ERRORNA 0



0 279138 0 (194315) ERRORNA (473453) ERRORNA ERRORNA (115152) ERRORNA 0

Other income

Investment Income 419 8012 36134 86535 114651 (78523) (91) 81788 30989 102261 114651 50798

Grant Income 0 0 0 1597426 961734 (1597426) (100) 1015093 (1049330) 2766370 961734 2064423

419 8012 36134 1683961 1076385 (1675949) 1096880 (1018341) 2868631 1076385 2115221

Revaluation


0 0 0 0 0 0

Total surplus(deficit) 214603 361858 (1264550) (72388) ERRORNA 434246 ERRORNA ERRORNA (477670) ERRORNA (1488875)

3651390 256672 961734

43847586 29225372


80033391




Income by Activity Actual Actual 2020-21 Budget Forecast (3+9) M9 Forecast YTD Variance v Year to date Forecast Variance v Year to date Forecast M6 Forecast Variance M6 Forecast v Annual Budget Variance M6 Forecast v Annual Budget Full Year Forecast (3+9) Full Year Forecast (M9) Full Year Budget

Graduate Registration Fees 132584 573740 617202 617205 1762617 (43465) (7) 1806726 313496 21 1480101 1762617 1493230

Readmission Fees 15120 90423 83028 82650 296769 7773 9 287620 120903 ERRORNAME 160373 296769 166717

Renewal Fees 1896951 9391556 9514215 9386618 29616333 4938 0 29554238 6394839 28 22917663 29616333 23159399


UK Scrutiny Fees 147672 384363 390276 396230 1118143 (11867) (3) 1116484 266359 31 821754 1118143 850125





Total Income 2290574 11032119 11266625 11085547 34737485 (53428) (0) 34812229 7409703 27 27040095 34737485 27402526

Chair 6063 30431 36684 30431 61912 0 0 59456 28615 32 75973 61912 88071 PRE PRE

Chief Executive amp SMT Chief Executive 76452 394470 460990 390469 803881 (4002) (1) 793322 312694 28 1060436 803881 1106016 CEX CEX




Education 44823 262271 292684 260143 982845 (2128) (1) 974065 (314435) (48) 636969 982845 659630 EDU EDU


Finance Finance 37096 231784 228037 244565 722578 12782 5 734539 (193733) (36) 590175 722578 540806 FIN FIN



Human Resources Partners 495 4752 80904 3568 351319 (1184) (33) 343513 (145837) (74) 169059 351319 197676 PAR PAR


Major projects () Major Projects without COVID 19 Costs 1132 27482 0 56484 ERRORREF 29002 51 2239692 (2089692) (1393) 56484 ERRORREF 150000 PRO Major Projects PRO

Project managers 11143 77928 179887 92246 303927 14319 16 360590 (78994) (28) 268892 303927 281596 OPS OPS Operations Office

Policy amp Standards Policy 19630 105647 165524 151401 341135 45754 30 329710 110488 25 454602 341135 440199 POL POL





Depreciation Expense Depreciation 53295 271781 279424 269296 840225 (2485) (1) 871654 (176574) (25) 742376 840225 695080 DEP DEP

PSA Levy 0 752711 752711 752711 924000 0 0 924000 (171289) (23) 752711 924000 752711 PSA


Operating expenditure 2037688 10214696 12943981 11277078 ERRORREF 1062382 82 36029588 (6407149) (21) 29274779 ERRORREF 29842026

Operating surplus(deficit) 252886 817423 (1677356) (191531) ERRORREF 1008954 (1217360) 1002553 (2234684) ERRORREF (2439500)

Other exceptional expenditure


Legal Tender Opportunity costs 0 0 0 0

0

0

Impairment of Intangible Assets CIPAccounting Policy Changes 0 0 ERRORNA 0 ERRORNA ERRORNA ERRORNA 0

Impairment on Intangible Assets 0 0 0 0 0

Corporation Tax 0 0 0 0 0 0 0 0 0

48406 279138 213720 283878 ERRORNA 4740 2 ERRORNA ERRORNA 427440 ERRORNA 427440

COVID 19 Changes

Grant Costs (43947) (212941) 0 (108945) 961734 (103996) 0 ERRORNA ERRORNA (108945) 961734 0

Grant Income 0 0 0 255294 961734 (255294) 0 1015093 1015093 255294 961734 0

(43947) (212941) 0 146349 1923468 (359290) ERRORNA ERRORNA 146349 1923468 0

Revaluation


0 0 0 0 0 0

Total surplus(deficit) 160534 325344 (1891076) (329060) ERRORREF 654404 ERRORNA ERRORNA (2515776) ERRORREF (2866940)

Departmental costs 2081635 10427637 0 961734

43847586 11305662

977621969 -1267765239 ERRORREF ERRORREF 2006580650 672

76382001


COVID19 Variance (359)

Income (53)

IT 44

Policy 46

Office Services 92


Human Resources and Partners 113

FTP 672


325

(0)

Variance Commentary

September -18 Comments (Actuals vs 2018-19 Budget) August -18 Comments (Actuals vs 2018-19 Budget) July -18 Comments (Actuals vs 2018-19 Budget)

Department Movement YTD M6 Forecast YTD Budget YTD Forecast Variance Budget Var Variances by Income Type Variances by Profession Variances by Income Type Variances by Profession Variances by Income Type Variances by Profession

Total Income 11024107 ERRORREF 11245792 (221685) (20) pound122k relates to UK Scrutiny fees pound63k over achievement on Other income this relates to European Professional card income from registrants In previous months the income has been allocated to a balance sheet code In the future pound25k will be expected as monthly income On Target or variance below threshold pound58k over achievement on Other income relates to European Professional card income from registrants In previous months the income has been allocated to a balance sheet code In the future pound25k will be expected as monthly income On Target or variance below threshold On Target or variance below threshold On Target or variance below threshold

EXPENDITURE

Department Movement YTD M6 Forecast YTD Budget YTD Variance v Budget Variance v Budget Variances on Payroll Variances on Non-payroll Variances on Payroll Variances on Non-payroll Variances on Payroll Variances on Non-payroll

Chair 30431 ERRORREF 36684 6253 170 On Target or variance below threshold On Target or variance below threshold On Target or variance below threshold

Chief Executive 394470 ERRORREF 311511 (82959) (266) On Target or variance below threshold On Target or variance below threshold On Target or variance below threshold On Target or variance below threshold On Target or variance below threshold On Target or variance below threshold

Council 96305 ERRORREF 116987 20682 177 pound39k over spend in internal audit fees this is partly due to timing differences the Council also commissioned an additional audit on the 5 year plan to support the fee increase proposal this was not previously planned and caused an over spend of pound19k so far Additional fees have also been received in the year for 2017-18 audit which was not accrued for at the year end The remaining pound13k overspend is related to fees paid for an additional committee meeting not budgeted for pound25k over spend in internal audit fees this is partly due to timing differences the Council also commissioned an additional audit on the 5 year plan to support the fee increase proposal this was not previously planned and caused an over spend of pound19k so far Additional fees have also been received in the year for 2017-18 audit which was not accrued for at the year end pound30k over spend in internal audit fees this is partly due to timing differences the Council also commissioned an additional audit on the 5 year plan to support the fee increase proposal this was not previously planned and caused an over spend of pound19k so far Additional fees have also been received in the year for 2017-18 audit which was not accrued for at the year end

Communications 269395 ERRORREF 284241 14845 52 pound40k overspend in Communication is mainly due to the cost of the agency premium to cover the vacant posts as the agency costs are higher than the cost of substantive permanent staff pound17k underspend in meet the HCPC events due to rescheduling and pound17k underspend in public affairs and stakeholder are due to timing differences the cost of the remaining work will be invoiced at the end of the contract pound14k underspend in small project costs relates to delays in commencement of 2nd phase of the intranet project this has been pushed back to Q4 of the current financial year pound41k overspend in Communication is mainly due to the cost of the agency premium to cover the vacant posts as the agency costs are higher than the cost of substantive permanent staff pound12k underspend in meet the HCPC events due to rescheduling and pound15k underspend in public affairs and stakeholder are due timing differences pound14k underspend in small project costs relates to delays in commencement of 2nd phase of the intranet project this has been pushed back to Q4 of the current year On Target or variance below threshold pound13k underspend in meet the HCPC events and pound15k underspend in public affairs and stakeholder are due timing differences pound14k underspend in small project costs relates to delays in commencement of 2nd phase of the intranet project this has been pushed back to Q4 of the current year

Education 262271 ERRORREF 292684 30413 104 On Target or variance below threshold On Target or variance below threshold On Target or variance below threshold On Target or variance below threshold On Target or variance below threshold On Target or variance below threshold

Office Services 879988 ERRORREF 1218727 338739 278 On Target or variance below threshold On Target or variance below threshold On Target or variance below threshold On Target or variance below threshold On Target or variance below threshold On Target or variance below threshold

Department Movement YTD M9 Forecast YTD Budget YTD Variance v Forecast Variance v Forecast Variances on Payroll Variances on Non-payroll Variances on Payroll Variances on Non-payroll Variances on Payroll Variances on Non-payroll

Finance 231784 ERRORREF 228037 (3747) (16) On Target or variance below threshold On Target or variance below threshold On Target or variance below threshold On Target or variance below threshold On Target or variance below threshold On Target or variance below threshold

Fitness to Practise 4049842 ERRORREF 5472121 1422279 260 pound127k overspend in payroll costs is mainly due to the FTP Improvement project FTC resource and additional operational activity to reduce case numbers and the length of time spent on the cases which was approved by EMT after the 2018-19 budget was set This is not yet reflected in the budget Overtime has been offered to Case Managers to complete case closures over this period and also the continued usage of temporary staff This trend in overspend has been discussed with the Chair CEO and Director of Finance in the context of broader additional resource requirements for FTP to ensure case closures this financial year with proposals for FTP budget being presented to Council in September On Target or variance below threshold pound68k overspend in payroll costs is mainly due to the FTP Improvement project FTC resource which was approved by EMT after the 2018-19 budget was set This is not yet reflected in the budget Overtime has been offered to Case Managers to complete case closures over this period and also the continued usage of temporary staff This trend in overspend has been discussed with the Chair CEO and Director of Finance in the context of broader additional resource requirements for FTP to ensure case closures this financial year with proposals for FTP budget being presented to Council in September On Target or variance below threshold pound59k overspend in payroll costs is partly due to the FTP Improvement project FTC resource which was approved by EMT after the 2018-19 budget was set This is not yet reflected in the budget Overtime has been offered to Case Managers to complete case closures over this period This trend in overspend has been discussed with the Chair and CEO in the context of broader additional resource requirements for FTP to ensure case closures this financial year with proposals for FTP budget being presented to Council in September On Target or variance below threshold

Human Resources 353150 ERRORREF 660488 307338 465 Mainly due to the allocating of the costs of the Project to transfer regulation of social workers to Social Work England to the Major Projects department this has generated an underspend of pound138k pound110k underspend is mainly due to alternations to timings of planned events in Organisational Training plus a focus on delivering savings where possible pound20k underspend on the Reward data line is mainly due to the timing differences of the annual salary benchmarking exercise taking place in OctNov Also pound14k can be attributed to the Project to transfer regulation of social workers to Social Work England costs which has been moved to the Major Project department Originally overspent by pound37k but due to allocating the costs of the Project to transfer regulation of social workers to Social Work England to the Major Projects department this has generated an underspend of pound133k pound71k underspend is mainly due to alternations to timings of planned events in Organisational Training plus a focus on delivering savings where possible Also pound14k can be attributed to the Project to transfer regulation of social workers to Social Work England costs which has been moved to the Major Project department On Target or variance below threshold pound107k underspend in organisational training due to alternations to timings of planned events plus a focus on delivering savings where possible Training cost of pound268k currently included in departmental training code will be transfer to HR department in month 5

Human Resources Partners 4752 ERRORREF 80904 76152 941 On Target or variance below threshold pound75k underspend on partner training costs as some training days have been moved to October Also less cost incurred on booking rooms because there are now more rooms availableMinimal legal advice required so far resulting in underspend of pound5k On Target or variance below threshold pound55k underspend on partner training costs as some training days have been moved to October Also less cost incurred on booking rooms because there are now more rooms availableNo legal advice required so far resulting in underspend of pound5k On Target or variance below threshold pound35k underspend on partner training costs as some training days have been moved to October No legal advice required so far resulting in underspend of pound4k

IT Department 1041181 ERRORREF 1129815 88635 78 pound28k underspend in permanent salary costs due to one vacant engineer post and less overtime required to run the service pound28k underspend in small project costs due to delay in delivery of service in relation to the completion of 186 KPR pound93k underspend in managed webInternet services general software and hardware support and maintenance due to delay in Registration Transformation go live date Remaining variance is due to phasing difference pound24k underspend in permanent salary costs due to one vacant engineer post and less overtime required to run the service pound26k underspend in small project costs due to delay in delivery of service in relation to the completion of 186 KPR pound61k underspend in general software and hardware support and maintenance due to delay in Registration Transformation go live dateRemaining variance is due to phasing difference pound28k underspend in permanent salary costs due to one vacant engineer post and less overtime needed pound14k underspend in small project costs due to delay in delivery of service in relation to the completion of 186 KPR pound36k underspend in general software support and maintenance due to delay in Registration Transformation go live dateRemaining variance is due to phasing difference


Major Projects 240424 ERRORREF (1384878) (1625302) 1174 pound288k overspend relates to the social worker England transfer project costs this cost will be net off by the income reimbursed from the Department of Education A claim for pound236k has already been submitted up till the end of July and the remaining pound52k relates to costs incurred in August and September pound6k overspend relates to the backfill costs for the FTP Improvement project which was for additional resource required pound158k over spend in opex costs for the 186KPR project this is mainly due to more opex related activities being performed in the year During the year there has been additional work of pound81k performed to the 3rd floor of 186KPR for the lease of the floor to the GCCThis over spend has been reduced by the underspend in other projects pound260k overspend relates to the social worker England transfer project costs this cost will be net off by the income reimbursed from the Department of Education A claim for pound236k has already been submitted up till the end of July and the remaining pound24k relates to costs incurred in August pound30k overspend relates to the backfill costs for the FTP Improvement project which was for additional resource required pound158k over spend in opex costs for the 186KPR project this is mainly due to more opex related activities being performed in the year During the year there has been additional work of pound81k performed to the 3rd floor of 186KPR for the lease of the floor to the GCCThis over spend has been reduced by the underspend in other projects pound24k underspend in Registration Transformation project as phase 2 of the project has been delayedRemaining variance relates to phasing differences pound239k over spend in opex costs for the 186KPR project this is mainly due to more opex related activities being performed in the year During the year there has been additional work performed to the 3rd floor of 186KPR for the lease of the floor to the GCCThis over spend has been netted off with underspend in other projects

Project (Managers) 77928 ERRORREF 179887 101959 567 pound50k due to the EMT restructure which generated an underspend This will be addressed during the 6 months forecast Fixed term contractor costs is underspent by pound81k due to two vacant post since April pound25k underspend in permanent costs due to delayed recruiting for two post following resignations All four posts have now been filled and fully in place from mid-August On Target or variance below threshold Fixed term contractor costs was underspent by pound72k due to two vacant post since April pound67k underspend in permanent costs due to delayed recruiting for two post following resignations All four posts have now been filled and fully in place from mid-August On Target or variance below threshold Fixed term contractor costs was underspent by pound57k due to two vacant post not yet filled pound56k underspend in permanent costs due to delayed recruiting for two post following resignations Two FTC post and one permanent post successfully recruited in July start date pending On Target or variance below threshold

Policy 105647 ERRORREF 165524 59877 362 pound40k Underspend in Policy is mainly due to the EMT Restructure which generated the vacant post of the director This will be addressed in the 6 months reforecast exercise pound49k underspend in research costs The Stakeholders research work payment plan is 50 of the costs will be paid upon commencements and 50 upon completion due to the delayed start the remaining 50 payment is not expected to be paid until later this year Also there are other research work budgeted for which have been delayed pound33k Underspend in Policy is mainly due to the EMT Restructure which generated the vacant post of the director This will be addressed in the 6 months reforecast exercise pound28k underspend in research costs The Stakeholders research work payment plan is 50 of the costs will be paid upon commencements and 50 upon completion due to the delayed start the remaining 50 payment is not expected to be paid until later this year Also there are other research work budgeted for which have been delayed On Target or variance below threshold pound28k underspend in research this is due to delay in signing of the contract with the supplier The contract has been signed at the end of May work has commenced

Quality Assurance 96031 26145 (69885) (2673) pound48k Underspend in Quality Assurance is mainly due to 3 vacancies in the department these will be recruited to on a fixed term basis in the coming months This will be addressed in the 6 months reforecast exercise On Target or variance below threshold pound32k Underspend in Quality Assurance is mainly due to 3 vacancies in the department these will be recruited to on a fixed term basis in the coming months This will be addressed in the 6 months reforecast exercise On Target or variance below threshold On Target or variance below threshold On Target or variance below threshold

Registration 1126123 ERRORREF 115323 (1010800) (8765) On Target or variance below threshold On Target or variance below threshold On Target or variance below threshold pound50k overspend on international assessor fees This is caused by an increase in the amount of assessment work carried out in August resulting from a spike in the number of applications received (1757 received against a forecast of 1302) The overspend is reduced by an underspend of pound15k on small projects which is due to a delay in the commencement of the projects On Target or variance below threshold pound49k overspend in international assessor fees This is caused by an increase in the amount of assessment work carried out in July resulting from a spike in the number of applications received in May (661 received against a forecast of 382) Due to the time it takes to process the workflow increase in spend was only reflected in Julys management account

Secretariat 92370 ERRORREF 1307210 1214840 929 On Target or variance below threshold On Target or variance below threshold On Target or variance below threshold On Target or variance below threshold On Target or variance below threshold On Target or variance below threshold

Depreciation 271781 ERRORREF 0 (271781) ERRORDIV0 Lower depreciation costs due to delay in go live date of phase 1 of the registration transformation project Lower depreciation costs due to delay in go live date of phase 1 of the registration transformation project Lower depreciation costs due to delay in go live date of phase 1 of the registration transformation project


PSA levy 752711 ERRORREF 902190 149479 166 On Target or variance below threshold On Target or variance below threshold On Target or variance below threshold

Apprenticeship levy 14541 ERRORREF 18000 3459 192 On Target or variance below threshold On Target or variance below threshold On Target or variance below threshold

Total expenditure 10391123 ERRORREF 11161598 770475 ERRORREF

Management Accounts

August 2020

Index

Variance Analysis 3 to 6

Income and Expenditure 7 to 10

Statement of Financial Position (Balance Sheet) 11

Projects and Capex 12 to 13

Cash Flow 14

Graphs 15 to 16

Variance Commentary

Feb - 20 Comments (Actuals vs 2019-20 6+6 forecast) Dec -19 Comments (Actuals vs 2019-20 6+6 forecast) Oct -19 Comments (Actuals vs 2019-20 Budget)

Department Movement YTD M6 Forecast YTD Budget YTD M6 Forecast YTD Variance Budget Variance M6 Forecast Var Variances by Income Type Variances by Profession Variances by Income Type Variances by Profession Variances by Income Type Variances by Profession

Total Income 11024107 28289825 28289825 (17265718) (17265718) (610) On Target or variance below threshold On Target or variance below threshold On Target or variance below threshold On Target or variance below threshold The main variance is on the scrutiny fees of pound374k this is mainly due to the higher number of international applicants in the first half of this financial year Normally the yearly target is reduced because of the uncertainty and a more prudent approach was taken when building the 1920 income budget due to the unknown impact on EEA applicants because of Brexit But instead there has been a growth in the non EEA applicants On Target or variance below threshold

EXPENDITURE

Department Movement YTD M6 Forecast YTD Budget YTD M6 Forecast YTD Variance Budget Variance M6 Forecast Var Variances on Payroll Variances on Non-payroll Variances on Payroll Variances on Non-payroll Variances on Payroll Variances on Non-payroll

Chair 30431 66623 66623 36192 36192 543 On Target or variance below threshold On Target or variance below threshold On Target or variance below threshold

Chief Executive and SMT 394470 684844 684844 290373 290373 424 On Target or variance below threshold On Target or variance below threshold On Target or variance below threshold On Target or variance below threshold On Target or variance below threshold On Target or variance below threshold

Council 96305 270401 270401 174097 174097 644 On Target or variance below threshold On Target or variance below threshold On Target or variance below threshold

Communications 269395 580992 580992 311596 311596 536 On Target or variance below threshold dUE On Target or variance below threshold On Target or variance below threshold On Target or variance below threshold pound108k under the budgeted figure this is mainly due to unplanned vacancies and the delay in recruiting due to the organisational recruitment freeze which is affecting the delivery of the workplan There has also been a delay in costs commitment due to timing differences reduced staff levels and the inability to setting up a subscription tool due to payment type issues which are currently being looked into by finance

Education 262271 656878 656878 394607 394607 601 On Target or variance below threshold On Target or variance below threshold On Target or variance below threshold On Target or variance below threshold On Target or variance below threshold pound63k of total underspent due to fewer education visit and annual monitoring assessment days held YTD against forecast The cost of annual monitroing will catchup up in Q3

Office Services 879988 2238271 2238271 1358283 1358283 607 On Target or variance below threshold pound145k under the 6+6 forecast figure pound75k is due to an additional rates bill anticipated in the next few months but has been delayed due to the procurement of the valuation service contract This bill has been negotiated down to pound45k so there will be an additional pound30k saving The remaining underspend is due to the lower spend on Postage health and safety other professional fees and electricity On Target or variance below threshold pound145k under the 6+6 forecast figure pound75k is due to an additional rates bill anticipated in the next few months but has been delayed due to the procurement of the valuation service contract This bill has been negotiated down to pound45k so there will be an additional pound30k saving The remaining underspend is due to the lower spend on Postage health and safety other professional fees and electricity On Target or variance below threshold pound108k under the initial budgeted figure this is mainly due to the lower spend on Postage Refurbishment works other professional fees and electricity Lower postage costs is linked to the renewal cycles of professions and the anticipated cost of a new franking machine which will be capitalised Electricity budget was phased equally but the costs are normally seasonal and the underspend is expected until the warmer summer months as costs increase through use of the airenvironmental conditioning units


Finance 231784 741811 741811 510027 510027 688 On Target or variance below threshold On Target or variance below threshold On Target or variance below threshold On Target or variance below threshold pound79k over the initial budgeted figure this is mainly due to the cost of extra staff in finance brought in to cover a current long term sickness and during the 1819 year end and also the creation of the 3 year financial plan The additional cost has been included in the recent re-forecast exercise This information has been fed into the 6+6 forecast process which is subject to Council approval pound54k under the initial budgeted figure this is mainly due to an over provision on the printing and stationery line and lower spend on bank charges due to the cost being linked to renewal cycles The small projects budget will be moved to the Registration department induring the 6+6 forecast process

Fitness to Practise 4049842 13470864 13470864 9421022 9421022 699 pound44k under the 6+6 forecasted figure This is mainly attributable to the reduction in FTC staff after the departure of Social workers and the reduction in the cost of temporary staff via agency pound445k over the 6+6 forecasted figure for non-payroll This is mainly attributable to the increased caseload A lot more cases are being progressed even though the staffing level has dropped extra hearing days additional ICP days to conclude SW cases and progress older longer and complex cases which are generally more expensive Transcript services is also overspent which is directly related to the above additional activity pound44k under the 6+6 forecasted figure This is mainly attributable to the reduction in FTC staff after the departure of Social workers and the reduction in the cost of temporary staff via agency pound445k over the 6+6 forecasted figure for non-payroll This is mainly attributable to the increased caseload A lot more cases are being progressed even though the staffing level has dropped extra hearing days additional ICP days to conclude SW cases and progress older longer and complex cases which are generally more expensive Transcript services is also overspent which is directly related to the above additional activity On Target or variance below threshold pound363k over the budgeted figure for non-payroll This is mainly attributable to pound294k overspent on legal work - additional planned work approved by council in 1819 but due to timing differences the actual spend did not happen until 1920 pound162k relates to additional SWE related activity 75 extra hearing days Additional ICP days to conclude SW cases and progress older longer and complex cases pound42k is mainly due to the delay in the presentation of some prior year Click invoices which have resulted in a higher cost in the first quarter of the year This has been net off by pound112k - various other planned overunderspends and a successful cost recovery from a previous successful appeal

Human Resources 353150 913590 913590 560441 560441 613 On Target or variance below threshold On Target or variance below threshold On Target or variance below threshold On Target or variance below threshold On Target or variance below threshold On Target or variance below threshold

Human Resources Partners 4752 293523 293523 288771 288771 984 On Target or variance below threshold On Target or variance below threshold On Target or variance below threshold On Target or variance below threshold On Target or variance below threshold On Target or variance below threshold

IT Department 1041181 2058360 2058360 1017180 1017180 494 On Target or variance below threshold pound37k overspend due to the increase in the renewal cost for general software and maintenance and delivery time of small projects On Target or variance below threshold pound37k overspend due to the increase in the renewal cost for general software and maintenance and delivery time of small projects On Target or variance below threshold On Target or variance below threshold

Department Movement YTD M6 Forecast YTD Budget YTD M6 Forecast YTD Variance Budget Variance M6 Forecast Var Variances on Payroll Variances on Payroll Variances on Payroll

Major Projects 240424 2428935 2428935 2188512 2188512 901 pound96k over the 6+6 forecast figure This is mainly attributable to the categorisation of payroll and other professional fees which is allocated to the non-pay reforecast of the Social workers costs pound161k under the 6+6 forecast figure pound658k is mainly due to the part b of the DOE grant which is related to the extra spend forecasted over and beyond the cost attributed to part a of the grant (Social workers leaving) this is wholly net off by the under achievement of the grant income target The remaining major projects underspend is due to a delay in starting the Partner portal and Regulatory changes project pound96k over the 6+6 forecast figure This is mainly attributable to the categorisation of payroll and other professional fees which is allocated to the non-pay reforecast of the Social workers costs pound161k under the 6+6 forecast figure pound658k is mainly due to the part b of the DOE grant which is related to the extra spend forecasted over and beyond the cost attributed to part a of the grant (Social workers leaving) this is wholly net off by the under achievement of the grant income target The remaining major projects underspend is due to a delay in starting the Partner portal and Regulatory changes project pound83k over the budgeted figure This is mainly attributable to the categorisation of payroll and other professional fees which is allocated to the non-pay Budget This has been updated and fed into the 1920 budget refresh which is subject to Council approval pound603k under the budgeted figure This is mainly attributable to timing differences of expenditure on five projects The Reg Transformation and Improvement phase 2 has now started in August The CMS project has now been deferred to January The project Regulation of physicians which was planned to start in April will no longer be delivered The Partner Portal project has now been deferred to October and the HR project will come in under budget because the project scope was amended All this information has been fed into the 1920 6+6 forecast which is subject to Council approval

Project (Managers) 77928 285886 285886 207959 207959 727 On Target or variance below threshold On Target or variance below threshold On Target or variance below threshold On Target or variance below threshold On Target or variance below threshold On Target or variance below threshold

Policy 105647 240769 240769 135122 135122 561 On Target or variance below threshold pound41k underspend due to over providing at year end for Newcastle University and University of Surrey research projects On Target or variance below threshold pound41k underspend due to over providing at year end for Newcastle University and University of Surrey research projects On Target or variance below threshold pound63k underspend spend due to delay of the research report by Newcastle University and likely to be completed in the final month of quarter 3

Quality Assurance 96031 414202 414202 318172 318172 768 On Target or variance below threshold On Target or variance below threshold On Target or variance below threshold On Target or variance below threshold pound53k under the budgeted figure This is due to several vacancies and will reflect savings in the 6+6 forecast which is subject to be approved by Council in December 19 On Target or variance below threshold

Registration 1126123 2881090 2881090 1754967 1754967 609 On Target or variance below threshold pound50k over the 6+6 reforecast figure This is mainly due to the International assessors fees being higher than the normal trend due to a larger number of actual applicants in comparison with the budgeted number of applicants There is a direct impact on the income generated which is also higher than the usual trend On Target or variance below threshold pound50k over the 6+6 reforecast figure This is mainly due to the International assessors fees being higher than the normal trend due to a larger number of actual applicants in comparison with the budgeted number of applicants There is a direct impact on the income generated which is also higher than the usual trend pound50k under the initial budgeted figure this is mainly due to the non replacement of some posts and the team also operating under the budgeted headcount in anticipation of SW exiting end of November This information has been fed into the 6+6 forecast process which is subject to Council approval pound89k over the budgeted figure pound113k overspend is mainly due to the International assessors fees being higher than the normal trend due to a larger number of applicants (the budget was based on 1729 applicants but the actual number of applicants were 2308) and there is a direct impact on the income generated which is also higher than the usual trend This is net off by the underspend on CPD Assessments

Secretariat 92370 270637 270637 178267 178267 659 On Target or variance below threshold On Target or variance below threshold On Target or variance below threshold On Target or variance below threshold On Target or variance below threshold On Target or variance below threshold

Depreciation 271781 795009 795009 523228 523228 658 On Target or variance below threshold On Target or variance below threshold On Target or variance below threshold


PSA levy 752711 902190 902190 149479 149479 166 On Target or variance below threshold On Target or variance below threshold On Target or variance below threshold

Apprenticeship levy 14541 31591 31591 17050 17050 540 On Target or variance below threshold On Target or variance below threshold On Target or variance below threshold

Total expenditure 10391123 30226467 30226467 19835344 19835344 656

M6 Budget Surplus (Deficit) (1264550)



Scrunity Fee Variance (1682978)

Scrunity Cost Variance (99293)

Other Income (15588346)

Major Projects (28476)

Other Office Services 1310143

Communications BrochuresWeb 311596

FTP 9421022

Policy - Research 135122


Education 394607

HR - Partners 288771

Information Technology 1017180

Utilities 48140



M6 Actual Surplus (Deficit) (4388966)

361858

4750824

Management Accounts


Tian Tian Finance Director

Current Draft Variance 32534415

accrue grant income 179742300

Dec Depreciation

Annual leave -20000000

Overtime Accrual -1942200

IR 35 -8492300

policy -2523479

accounting policy 74400619

Impairment of intangible assets -20000000

FA Revaluation

opportunity cost and accrual -94139200

Corporation tax -6000000 estimated

Revised Variance 133580155

Summary

Aug-20 Year-to-Date

pound000 Actual Budget Actual Budget

Income 2290 2961 11024 11246

Operating Exp 2076 2983 10391 12546

Graphs


Income budget 2144081 2150665 2170152 2231738 2233891 2222620 2183172 2150665 2114911 2149773 2161942 - 12753235

Income actual 2110485 2084846 2181528 2199242 2253676 2158603 2259237 2219145 2159272 2218614 2195564 - 13101665




AYTD





Dietitians DT 96037























































Periodic





Accumulative






2019-20

ERRORVALUE 0

ERRORVALUE

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ERRORVALUE

2018-19

2019-20


Income budget 2791273 2842379 2847566 2954775 2961061 2915210 3086764 3013123 2240010 2257365 2207428 2319471


Income actual 2940461 2936814 2848871 3072506 3097612 2994467 3011182 2972583 2290155 2923721 2859326 2275572


Income forecast 2940461 2936814 2848871 3072506 3097612 2994467 3011182 2972583 2290155 2225060 2189380 2247960








2018-19


Income budget 2757888 2818352 2804379 2938930 2939058 2863838 2926138 2900531 2977900 2919478 2869241 2924640


Income actual 2778371 2837224 2817684 2863046 3039567 2905886 2953470 2786701 2751524 2923721 2859326 2907312


Income forecast 2778371 2837224 2817684 2863046 3039567 2905886 2953470 2786701 2751524 2985909 2854658 2910057









2019-20

ERRORVALUE 0

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

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ERRORVALUE

ERRORVALUE

2018-19


Income budget 2791273 2842379 2847566 2954775 2961061 2915210 3086764 3013123 2240010 2257365 2207428 2319471

Income actual 2940461 2936814 2848871 3072506 3097612 2994467 3011182 2972583 2290155

Income forecast 2940461 2936814 2848871 3072506 3097612 2994467 3011182 2950348 2197921 2225060 2189380 2247960






Income budget 2757888 2818352 2804379 2938930 2939058 2863838 2926138 2900531 2977900 2919478 2869241 2924640

Income actual 2778371 2837224 2817684 2863046 3039567 2905886 2953470 2786701 2751524 2923721 2859326 2940461

Income forecast 2778371 2837224 2817684 2863046 3039567 2905886 2953470 2786701 2751524 2985909 2854658 2910057






2017-18

ERRORVALUE 0

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE


Income budget 2626997 2660756 2689162 2809636 2808967 2771607 2840858 2817534 2864760 2854523 2796495 2865682


Income forecast






Income budget 2376686 2504858 2492324 2582962 2589049 2560753 2589905 2586429 2793796 2665674 2644757 2703855

Income actual 2455606 2507602 2515692 2641208 2722542 2602718 2645672 2572399 2657473 278841213 2628305 2710762

Income forecast 245560562 250760236 251569166 264120769 272254218 260271844 264567246 257239875 2657473 272301311030903 26759174179119 2739873400075





Graphs - Cashflow

2017-18

ERRORVALUE 0

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE



Opening Balance 18662518 16250563 14143510 14115544 12912536 14528324 15274759 13774931 11854632 10908751 9732058 12555205


Receipts 851261 1088268 2748081 1782924 4735727 3592563 1534986 1205524 1625086 1580624 5172464 3495647

Grant Income - 0 - 0 351870 141000 - 0 375608 141000 - 0 443437 141000 470508 - 0


Rental income 14583 14583 14583 14583 14583 14583 14583 14583 14583 14583 14583 14583



Departmentals 4016177 3052980 3006998 3052413 2982919 3079527 3030431 2982516 2897074 2856450 2674788 2583247




PSA Levy - 902000 - 89810 920040

Apprenticeship levy



Total payments 3282579 3214684 3147281 3146296 3139302 3240162 3194240 3144250 3032830 2916743 2838251 3658384

Closing Balance 16250563 14143510 14115544 12912536 14528324 15274759 13774931 11854632 10908751 9732058 12555205 12410893

- 2411955 - 2107053 - 27966 - 1203009 1615789 746435 - 1499828 - 1920299 - 945881 - 1176693 2823147 - 144312

4119 5119 6119 7119 8119 9119 10119 11119 12119 1120 2120 3120

Budget receipts 870624 1107631 3119315 1943287 4755091 3986596 1694412 1223950 2160911 1740050 5661398 3514073

Actual receipts 979925 1308953 2683789 1985762 4621872 6447200 1534382 1293492 2720208 1622310 71822


Budget payments 3282579 3214684 3147281 3146296 3139302 3240162 3194240 3144250 2378655 2916743 2838251 3658384






- 712608 2145188 3503064 - 1904006 - 1426886 - 325264 - 1849101 3070979 - 561720

Forecast capex















Other receipts 24032 24720 23823 23186 23490 23330 22447 26042 26845 20064 15002

Total receipts 1003957 1333673 2707612 2008948 4645362 6470530 1556829 1319534 2747053 1642374 86824 (16633573)







Capex for the month




cum budgeted capex










Depreciation 206956 306604 461121 461121 539729 628054 6909526 76703362 27178107


Graphs - Cashflow

2019-20

ERRORVALUE 0

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

2018-19

Cash flow statement



















Financing





Cash movement (5317878) (7263940) (8711798) (464817) (6284495) (11719064) 6289675


0

Graphs - Cashflow

2015-16

2014-15

Capital expenditure




0 0 0 0 0 0 540922 0


Laptops and PCs

Server replacement





Software 0




Projects




Projects








FTP CMS Review P94 0 0 0 0 88812 0 0 0 88812 0 45000 88812 0




Netreg refresh P98 (6106) 0 13133 6106

Fee review P99 0 0 0 0 5750 0 0 0 5750 0 2500 5750 0






COVID-19 P201 212941 0 (212941) 0 0 212941 0 0 (212941) 0






213607 0 129175 (213607) 32285 0 1459089 (32285) 245892 0 1588264 (245892) 1263069 2511297 570231 0





213607 0 828749 (213607) 32285 0 1459089 (32285) 245892 0 2287838 453682 2857492 2511297 3336601 0






Monday August 31 2020 569413 (569413)





ERRORVALUE 5795750 5795750 5466170 5673187 5405599 5466170 5761800 5745000 5820000

ERRORVALUE 0 0



ERRORVALUE 121965 142155 127536 210621 225073 127536 419061 104093 154320

ERRORVALUE 0 0



303752 247828 438043 283698 317155 438043 233172 453756 323534

0 0



2962035 2608297 1664880 2548637 3565254 1664880 3922792 1595223 2529721


0 0 0




14412784 17714885 14567340 12738122 20075833 11043222 13729709 20075833 9050764 21633345 16278529

Total assets 19471285 24185885 23750842 21532152 27772461 19759365 23242790 27772461 19387588 29531417 25106104

0 0 0






0 0 0


0 0 0


0 0 0




Grant income 0 0 0 0 0 0 0 0 0 0


4816712


1126318
























Check to IampE - 0 - 0 - 0 - 0 0

Rental Income

Non-payroll costs




Chair 6063 30431 30431 36684 61912 0 00 6253 170 75973 61912 88071



Communications 67290 108622 117131 111112 478673 8509 73 2490 22 262741 295607 242354


Education 2435 38899 35644 101099 444872 (3256) (91) 62199 615 98997 300619 199826


Finance 13570 70538 74591 77725 343069 4053 54 7187 92 210666 249152 200186


Human Resources 12231 101292 164706 206923 266855 63414 385 105632 510 532792 506128 481196


IT Department 134836 714698 754272 794412 1493413 39574 52 79714 100 1991069 1512881 1962055




Policy 166 3957 46590 38080 42633 915 34123 896 151322 127392


Registration 65721 326698 323467 437990 1419036 (3231) (10) 111292 254 809141 1329895 878513

Secretariat 7536 17600 22015 25868 (44749) 4415 201 8268 320 59175 30903 57303

PSA Levy 0 752711 752711 752711 902190 0 00 0 00 752711 924000 752711

Apprentice Levy 2634 14541 16410 16410 39220 1869 114 1869 114 41610 39220 43200



1984393 9942915 11007782 12662967 33770921 2720052 28532404 ERRORREF 29146945

1984393 9942914 11116727 12664557 34632236 1064867 28532404 34632236 29146945

0 0 0 (1590) (861315) 1655185 0 ERRORREF 0

Payroll costs









Finance 23526 161246 169975 379509 150313 8729 51 (10933) (73) 379509 487208 340620 FIN FIN








Policy 19464 101690 104811 303280 127444 3121 30 25754 202 303280 278878 312807 POL POL




Payroll costs 977618 4705807 4838195 12020937 5034523 132388 27 328716 65 12064669 12363972 12101636


0 0 0 (861315) (1590) (0)

ERRORREF



Year to date
























ainReportgt







Renewal fees 1950116 11536136 11331580 204556 18 22281152 22510780 (229628) (10) 23360384



UK scrutiny fees 141687 570567 492867 77700 158 879978 771319 108659 141 890861



Total Income 2358593 13786869 13230994 555875 42 25926947 26013349 (86402) (03) 27195417

Chair 822 57565 44010 (13555) (308) 86691 78960 (7731) (98) 90707



Communications 97301 573189 697315 124126 178 1222190 1267699 45509 36 1283061

Education 65984 497522 557129 59607 107 909949 1100094 190145 173 1142769


Finance 67349 417523 445764 28241 63 777447 848340 70893 84 844385


Human Resources 37753 316648 347742 31094 89 637604 679782 42178 62 733627


IT Department 80910 964239 1103882 139643 127 1683271 1678902 (4369) (03) 1816465

Major Projects 61424 123567 360256 236690 657 620990 1077170 456180 423 693553


Policy 23805 182601 215298 32697 152 381891 364813 (17078) (47) 441309

Registration 258836 1442302 1604916 162614 101 3036228 2804594 (231634) (83) 3024084

Secretariat 23266 119229 126072 6843 54 217601 260899 43298 166 246350

Depreciation 60257 359591 408918 49327 121 767187 749507 (17680) (24) 869954



Other expenditure

PSA Levy 73750 147500






22314 189971 229256 39285 171 26776211 26762856 641443 24 800000

Other income


Grant Income 0 0 0 0 114150 0 114150 0

13971 81271 0 81271 216065 0 216065 0 0

Revaluation


0 0 0 0 0 0





Renewal Fees 17533839 17533839


UK Scrutiny Fees 854936 51143 52016 58189 1016285

20990846 2310720 2311930 2405883 28019380


Arts Therapists 216076 22818 22587 22736 284216


Chiropodists 795017 84566 84466 84940 1048988


Dietitians 581191 59161 59503 60623 760479




Orthopodists 81425 8877 8841 8828 107970

Paramedics 1380237 139435 139899 139346 1798918




Radiographers 1934444 188754 189483 270678 2583359

Social Workers 5574675 633116 633116 633116 7474024


20990847 - 0 - 0 - 0 2310716 2311927 2405879 28019369

2310720 2311930 2405883

(4) (4) (4)







Renewal Fees 1896951 1905644 (8694) (0) 9391556 9514215 21930148 29616333 (12538592) (57) 29554238 1788462 6 27623055 29616333 27765776


UK Scrutiny Fees 147672 39438 108234 73 384363 390276 958311 1118143 (573948) (60) 1116484 148448 15 1065713 1118143 968036




Total Income 2290155 2247960 42195 2 11024107 11245792 26064765 34622834 (15040658) (43) 34730441 2119017 6 32727165 34622834 32611424

Chair 6063 7421 1358 18 30431 36684 59202 61912 28771 49 59456 33436 36 81464 61912 92892 PRE PRE





















PSA Levy 0 0 0 0 752711 902190 902190 924000 149479 17 924000 (21810) (2) 902190 924000 902190 PSA




Other expenditure






Other income



419 485600 (485181) (115922) 8012 31544 1625817 1076385 (1617805) 1096880 (1018341) 2868631 1076385 2115221

Revaluation


0 0 0 0 0 0


961734

43847586 25946869


80033391






Other Income (5549)

FTP 285508

Registration 73381



IT Department 4485







214603

(96871)




























Chief Executive 392167 769556 -111 028 -01839082787





FTP 1853964 2195879 20883737741 411871234251 142309977703

Registration 799425 326698 2723617537 254097700599 16722240694

Education 223371 38899 05022605604 615233575001 -0818005398

Finance 161246 70538 51353648425 92466904746 52262191153

Depreciation 271781 0 -09228662369 -09228662369


4705807 5661291 27363055414 387600670644 92303993492

0 -126735







Renewal Fees 1896951 9391556 9514215 23824083 29616333 (14432526) (61) 29554238 1788462 6 27623055 29616333 27765776


UK Scrutiny Fees 147672 384363 390276 993293 1118143 (608930) (61) 1116484 148448 15 1065713 1118143 968036




Total Income 2290155 11024107 11245792 28289825 34622834 (17265718) (50) 34730441 2119017 6 32727165 34622834 32611424

Chair 6063 30431 36684 66623 61912 36192 54 59456 33436 36 81464 61912 92892 PRE PRE





















PSA Levy 0 752711 902190 902190 924000 149479 17 924000 (21810) (2) 902190 924000 902190 PSA




Other expenditure






Other income


Grant Income 0 0 0 1597426 961734 (1597426) (100) 1015093 (1049330) 2766370 961734 2064423

419 8012 36134 1683961 1076385 (1675949) 1096880 (1018341) 2868631 1076385 2115221

Revaluation


0 0 0 0 0 0


3651390 256672 961734

43847586 29225372


80033391







Renewal Fees 1896951 9391556 9514215 9386618 29616333 4938 0 29554238 6394839 28 22917663 29616333 23159399


UK Scrutiny Fees 147672 384363 390276 396230 1118143 (11867) (3) 1116484 266359 31 821754 1118143 850125





Total Income 2290574 11032119 11266625 11085547 34737485 (53428) (0) 34812229 7409703 27 27040095 34737485 27402526

Chair 6063 30431 36684 30431 61912 0 0 59456 28615 32 75973 61912 88071 PRE PRE




















PSA Levy 0 752711 752711 752711 924000 0 0 924000 (171289) (23) 752711 924000 752711 PSA







0

0





COVID 19 Changes


Grant Income 0 0 0 255294 961734 (255294) 0 1015093 1015093 255294 961734 0

(43947) (212941) 0 146349 1923468 (359290) ERRORNA ERRORNA 146349 1923468 0

Revaluation


0 0 0 0 0 0



43847586 11305662


76382001



Income (53)

IT 44

Policy 46

Office Services 92



FTP 672


325

(0)

Variance Commentary




EXPENDITURE


























Management Accounts

August 2020

Index





Cash Flow 14

Graphs 15 to 16

Variance Commentary




EXPENDITURE



































FTP 9421022



Education 394607



Utilities 48140




361858

4750824

Management Accounts





Dec Depreciation



IR 35 -8492300

policy -2523479



FA Revaluation




Summary

Aug-20 Year-to-Date


Income 2290 2961 11024 11246

Operating Exp 2076 2983 10391 12546

Appendix 2 (page 7) details the change in more detail including benefits risks and cashflow impact This proposal will be discussed by the Audit Committee at its meeting on 17 September A verbal update on this discussion will be provided Council is asked to approve the change to the application of the rules

Previous consideration

The August 20 management accounts were presented to SMT for review on 15 September 2020 The registration business process change will be discussed at Audit Committee meeting on 17 September 2020

Decision The Council is asked to

1 Note the August 20 financial outturn

2 Approve the change to the application of the fees rules

Next steps The October 2020 management accounts and Q2 reforecast of the 2020-23 budget will be presented to Council in December

Strategic priority

The strategic priorities set in 2018 are no longer current We are developing a new strategy that we aim to confirm at the end of 2020

Risk Strategic Risk 4 - Failure to be an efficient regulator Risks associated to the change in fees rules interpretation have been documented in the paper If the change in business process does not go ahead there is either a risk of delay to the current registration project and increased costs or a higher risk of error due to manual intervention

Financial and resource

implications

The change in business process will save pound87000 and 6 weeks in development cost and time on the Registration Transformation and Improvement Project It will cause a permanent delay in cash flow for HCPC of pound60300 Additional time will be needed to manually intervene a targeted pool of renewal orders at the start of every renewal Resource requirements will vary depending on the size of the profession going into renewal

Author Tian Tian Director of Finance TianTianhcpc-ukorg

Finance Report September 2020 Council 24 September 2020 of 8



Page 1Finance Report September 2020 Council 24 September 2020 Page 3 of 8

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Income By Activity


Exec Summary

Sheet1

Front cover

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Bridge


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Index

Variance analysis

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Bridge (2)

IampE (2)

ampP

IampE

ampP

at a glance

in month Bridge

in month

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IampE m6

IAConnection

inc by prof m6

Payroll

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Non payroll

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SOFP

ampP

Projects

ampP

Capex

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Cashflow Graphs





Graph Cashflow

Cash flow

ampP

Cashflow Graphs (2)

ampP




ampFampA

Page ampP of ampN









Graphs 1 (4)

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Graphs 2 (3)

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Capex graph



Fc Graphs





Income Graphs



Income by Activity


Graphs 1 (2)

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image2png

Exec Summary

Sheet1

Front cover

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Bridge


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Index

Variance analysis

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Bridge (2)

IampE (2)

ampP

IampE

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at a glance

in month Bridge

in month

ampP


IampE m6

IAConnection

inc by prof m6

Payroll

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Non payroll

ampP


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SOFP

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Projects

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Cashflow Graphs





Graph Cashflow

Cash flow

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Cashflow Graphs (2)

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Graphs 1 (4)

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Graphs 2 (3)

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Page 4





14567340 12738122Total Assets 23750842 21532152







Year to date

Forecast Variance

Full Year 3+9







COVID-19 (D) (212941) 146349 (359290) 146349



inmonth

iampe

TABLE 2

table 2a

TABLE 3

TABLE 4

sofp

capital

council

council1st forecast

inmonth

iampe

TABLE 2

table 2a

TABLE 3

TABLE 4

sofp

capital

council

council1st forecast















Slide Number 1

Slide Number 2

Slide Number 3

Slide Number 4





Current Assets



9050764 8182464 9050764 21633345 9050764 13729709 10922578 8720958

Total Assets 19387588 18391103 19387588 29531417 19387588 23242790 22361851 21728654

Current Liabilities



Deferred Income 15331975 15226491 15331975 22107880 15331975 19132839 19191666 17371225











Current Assets



8182464 9050764 21633345 9050764 13729709 10922578 8720958

Total Assets 18391103 19387588 29531417 19387588 23242790 22361851 21728654

Current Liabilities



Deferred Income 15226491 15331975 22107880 15331975 19132839 19191666 17371225








CAPITAL EXPENDITURE







0 20190 20190 338520 338520


Projects




New Projects



Reg Phase 3 0 0 0 0


Total Projects 569413 996712 427299 1607544 1607544



For Council







14567340 12738122 21633345 9050764 13729709 14567340 12738122

Total Assets 23750842 21532152

Total Assets 23750842 21532152 29531417 19387588 23242790

Current Liabilities




Deferred Income 16633573 15289822 22107880 15331975 19132839









TABLE 4



Expenditure

Chair 6063 30431 36684 6253 88071

Chief Executive 0 2304 19300 16996 45960


Communications 67290 108622 111112 2490 242354

Office Services 209626 752083 1072092 320010 2534210

Finance 13570 70538 77725 7187 200186

Human Resources 12231 101292 206923 105632 481196


IT Department 134836 714698 794412 79714 1962055






Secretariat 7536 17600 25868 8268 57303

PSA Levy 0 752711 752711 0 752711

Apprentice Levy 2634 14541 16410 1869 43200


Education 2435 38899 101099 62199 199826


Policy -1488 757 4889 4131 9355


Registration 65721 326698 437990 111292 878513



TABLE 3



Expenditure

Chief Executive 76452 392167 441690 49523 1060056

Communications 24179 160774 173128 12355 445232

Office Services 26856 127905 146635 18730 349225

Finance 23526 161246 150313 (10933) 340620

Human Resources 76913 251858 453564 201706 1088555


IT Department 67933 326483 335403 8920 804967






Secretariat 14954 74770 92213 17443 221312


Education 42388 223371 191585 (31786) 459804


Policy 19464 101690 127444 25754 312807


Registration 172047 799425 836512 37087 1943996



TABLE 2b













TABLE 2






Renewal Fees 1896951 9391556 9386618 4938 0 27765776


UK Scrutiny Fees 147672 384363 396230 (11867) -3 968036


Other Income 2065 12644 12974 (330) -3 0



Total Income 2290574 11032119 11085547 -53428 -0 32661424

For Council







Income (A) 11032119 11085547 (53428) 27402526 27040095




Depreciation 271781 269296 (2485) 695080 742376




COVID-19 (D) (212941) 146349 (359290) 146349





COVID 19

Grant Income 0 255294 (255294) 0 255294

Grant Costs (212941) (108945) (103996) 0 (108945)

Total COVID 19 (E) (212941) 146349 (359290) 0 146349




Income (A)


Rental Income 14583 14583 -0 175000


Income (A) 2290574 2255823 34750 32829426

Expenditure



Depreciation 53295 85021 31726 963107








Grant Income 0 477737 (477737) 2064423







Current Assets



9050764 8182464 9050764 21633345 9050764 13729709 10922578 8720958

Total Assets 19387588 18391103 19387588 29531417 19387588 23242790 22361851 21728654

Current Liabilities



Deferred Income 15331975 15226491 15331975 22107880 15331975 19132839 19191666 17371225











Current Assets



8182464 9050764 21633345 9050764 13729709 10922578 8720958

Total Assets 18391103 19387588 29531417 19387588 23242790 22361851 21728654

Current Liabilities



Deferred Income 15226491 15331975 22107880 15331975 19132839 19191666 17371225








CAPITAL EXPENDITURE







0 20190 20190 338520 338520


Projects




New Projects



Reg Phase 3 0 0 0 0


Total Projects 569413 996712 427299 1607544 1607544



For Council







14567340 12738122 21633345 9050764 13729709 14567340 12738122

Total Assets 23750842 21532152

Total Assets 23750842 21532152 29531417 19387588 23242790

Current Liabilities




Deferred Income 16633573 15289822 22107880 15331975 19132839









TABLE 4



Expenditure

Chair 6063 30431 36684 6253 88071

Chief Executive 0 2304 19300 16996 45960


Communications 67290 108622 111112 2490 242354

Office Services 209626 752083 1072092 320010 2534210

Finance 13570 70538 77725 7187 200186

Human Resources 12231 101292 206923 105632 481196


IT Department 134836 714698 794412 79714 1962055






Secretariat 7536 17600 25868 8268 57303

PSA Levy 0 752711 752711 0 752711

Apprentice Levy 2634 14541 16410 1869 43200


Education 2435 38899 101099 62199 199826


Policy -1488 757 4889 4131 9355


Registration 65721 326698 437990 111292 878513



TABLE 3



Expenditure

Chief Executive 76452 392167 441690 49523 1060056

Communications 24179 160774 173128 12355 445232

Office Services 26856 127905 146635 18730 349225

Finance 23526 161246 150313 (10933) 340620

Human Resources 76913 251858 453564 201706 1088555


IT Department 67933 326483 335403 8920 804967






Secretariat 14954 74770 92213 17443 221312


Education 42388 223371 191585 (31786) 459804


Policy 19464 101690 127444 25754 312807


Registration 172047 799425 836512 37087 1943996



TABLE 2b













TABLE 2






Renewal Fees 1896951 9391556 9386618 4938 0 27765776


UK Scrutiny Fees 147672 384363 396230 (11867) -3 968036


Other Income 2065 12644 12974 (330) -3 0



Total Income 2290574 11032119 11085547 -53428 -0 32661424

For Council







Income (A) 11032119 11085547 (53428) 27402526 27040095




Depreciation 271781 269296 (2485) 695080 742376




COVID-19 (D) (212941) 146349 (359290) 146349





COVID 19

Grant Income 0 255294 (255294) 0 255294

Grant Costs (212941) (108945) (103996) 0 (108945)

Total COVID 19 (E) (212941) 146349 (359290) 0 146349




Income (A)


Rental Income 14583 14583 -0 175000


Income (A) 2290574 2255823 34750 32829426

Expenditure



Depreciation 53295 85021 31726 963107








Grant Income 0 477737 (477737) 2064423




Graphs


Income budget 2144081 2150665 2170152 2231738 2233891 2222620 2183172 2150665 2114911 2149773 2161942 - 12753235

Income actual 2110485 2084846 2181528 2199242 2253676 2158603 2259237 2219145 2159272 2218614 2195564 - 13101665




AYTD





Dietitians DT 96037























































Periodic





Accumulative






2019-20

ERRORVALUE 0

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

2018-19

2019-20


Income budget 2791273 2842379 2847566 2954775 2961061 2915210 3086764 3013123 2240010 2257365 2207428 2319471


Income actual 2940461 2936814 2848871 3072506 3097612 2994467 3011182 2972583 2290155 2923721 2859326 2275572


Income forecast 2940461 2936814 2848871 3072506 3097612 2994467 3011182 2972583 2290155 2225060 2189380 2247960








2018-19


Income budget 2757888 2818352 2804379 2938930 2939058 2863838 2926138 2900531 2977900 2919478 2869241 2924640


Income actual 2778371 2837224 2817684 2863046 3039567 2905886 2953470 2786701 2751524 2923721 2859326 2907312


Income forecast 2778371 2837224 2817684 2863046 3039567 2905886 2953470 2786701 2751524 2985909 2854658 2910057









2019-20

ERRORVALUE 0

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

2018-19


Income budget 2791273 2842379 2847566 2954775 2961061 2915210 3086764 3013123 2240010 2257365 2207428 2319471

Income actual 2940461 2936814 2848871 3072506 3097612 2994467 3011182 2972583 2290155

Income forecast 2940461 2936814 2848871 3072506 3097612 2994467 3011182 2950348 2197921 2225060 2189380 2247960






Income budget 2757888 2818352 2804379 2938930 2939058 2863838 2926138 2900531 2977900 2919478 2869241 2924640

Income actual 2778371 2837224 2817684 2863046 3039567 2905886 2953470 2786701 2751524 2923721 2859326 2940461

Income forecast 2778371 2837224 2817684 2863046 3039567 2905886 2953470 2786701 2751524 2985909 2854658 2910057






2017-18

ERRORVALUE 0

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE


Income budget 2626997 2660756 2689162 2809636 2808967 2771607 2840858 2817534 2864760 2854523 2796495 2865682


Income forecast






Income budget 2376686 2504858 2492324 2582962 2589049 2560753 2589905 2586429 2793796 2665674 2644757 2703855

Income actual 2455606 2507602 2515692 2641208 2722542 2602718 2645672 2572399 2657473 278841213 2628305 2710762

Income forecast 245560562 250760236 251569166 264120769 272254218 260271844 264567246 257239875 2657473 272301311030903 26759174179119 2739873400075





Graphs - Cashflow

2017-18

ERRORVALUE 0

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE



Opening Balance 18662518 16250563 14143510 14115544 12912536 14528324 15274759 13774931 11854632 10908751 9732058 12555205


Receipts 851261 1088268 2748081 1782924 4735727 3592563 1534986 1205524 1625086 1580624 5172464 3495647

Grant Income - 0 - 0 351870 141000 - 0 375608 141000 - 0 443437 141000 470508 - 0


Rental income 14583 14583 14583 14583 14583 14583 14583 14583 14583 14583 14583 14583



Departmentals 4016177 3052980 3006998 3052413 2982919 3079527 3030431 2982516 2897074 2856450 2674788 2583247




PSA Levy - 902000 - 89810 920040

Apprenticeship levy



Total payments 3282579 3214684 3147281 3146296 3139302 3240162 3194240 3144250 3032830 2916743 2838251 3658384

Closing Balance 16250563 14143510 14115544 12912536 14528324 15274759 13774931 11854632 10908751 9732058 12555205 12410893

- 2411955 - 2107053 - 27966 - 1203009 1615789 746435 - 1499828 - 1920299 - 945881 - 1176693 2823147 - 144312

4119 5119 6119 7119 8119 9119 10119 11119 12119 1120 2120 3120

Budget receipts 870624 1107631 3119315 1943287 4755091 3986596 1694412 1223950 2160911 1740050 5661398 3514073

Actual receipts 979925 1308953 2683789 1985762 4621872 6447200 1534382 1293492 2720208 1622310 71822


Budget payments 3282579 3214684 3147281 3146296 3139302 3240162 3194240 3144250 2378655 2916743 2838251 3658384






- 712608 2145188 3503064 - 1904006 - 1426886 - 325264 - 1849101 3070979 - 561720

Forecast capex















Other receipts 24032 24720 23823 23186 23490 23330 22447 26042 26845 20064 15002

Total receipts 1003957 1333673 2707612 2008948 4645362 6470530 1556829 1319534 2747053 1642374 86824 (16633573)







Capex for the month




cum budgeted capex










Depreciation 206956 306604 461121 461121 539729 628054 6909526 76703362 27178107


Graphs - Cashflow

2019-20

ERRORVALUE 0

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

2018-19

Cash flow statement



















Financing





Cash movement (5317878) (7263940) (8711798) (464817) (6284495) (11719064) 6289675


0

Graphs - Cashflow

2015-16

2014-15

Capital expenditure




0 0 0 0 0 0 540922 0


Laptops and PCs

Server replacement





Software 0




Projects




Projects








FTP CMS Review P94 0 0 0 0 88812 0 0 0 88812 0 45000 88812 0




Netreg refresh P98 (6106) 0 13133 6106

Fee review P99 0 0 0 0 5750 0 0 0 5750 0 2500 5750 0






COVID-19 P201 212941 0 (212941) 0 0 212941 0 0 (212941) 0






213607 0 129175 (213607) 32285 0 1459089 (32285) 245892 0 1588264 (245892) 1263069 2511297 570231 0





213607 0 828749 (213607) 32285 0 1459089 (32285) 245892 0 2287838 453682 2857492 2511297 3336601 0






Monday August 31 2020 569413 (569413)





ERRORVALUE 5795750 5795750 5466170 5673187 5405599 5466170 5761800 5745000 5820000

ERRORVALUE 0 0



ERRORVALUE 121965 142155 127536 210621 225073 127536 419061 104093 154320

ERRORVALUE 0 0



303752 247828 438043 283698 317155 438043 233172 453756 323534

0 0



2962035 2608297 1664880 2548637 3565254 1664880 3922792 1595223 2529721


0 0 0




14412784 17714885 14567340 12738122 20075833 11043222 13729709 20075833 9050764 21633345 16278529

Total assets 19471285 24185885 23750842 21532152 27772461 19759365 23242790 27772461 19387588 29531417 25106104

0 0 0






0 0 0


0 0 0


0 0 0




Grant income 0 0 0 0 0 0 0 0 0 0


4816712


1126318
























Check to IampE - 0 - 0 - 0 - 0 0

Rental Income

Non-payroll costs




Chair 6063 30431 30431 36684 61912 0 00 6253 170 75973 61912 88071



Communications 67290 108622 117131 111112 478673 8509 73 2490 22 262741 295607 242354


Education 2435 38899 35644 101099 444872 (3256) (91) 62199 615 98997 300619 199826


Finance 13570 70538 74591 77725 343069 4053 54 7187 92 210666 249152 200186


Human Resources 12231 101292 164706 206923 266855 63414 385 105632 510 532792 506128 481196


IT Department 134836 714698 754272 794412 1493413 39574 52 79714 100 1991069 1512881 1962055




Policy 166 3957 46590 38080 42633 915 34123 896 151322 127392


Registration 65721 326698 323467 437990 1419036 (3231) (10) 111292 254 809141 1329895 878513

Secretariat 7536 17600 22015 25868 (44749) 4415 201 8268 320 59175 30903 57303

PSA Levy 0 752711 752711 752711 902190 0 00 0 00 752711 924000 752711

Apprentice Levy 2634 14541 16410 16410 39220 1869 114 1869 114 41610 39220 43200



1984393 9942915 11007782 12662967 33770921 2720052 28532404 ERRORREF 29146945

1984393 9942914 11116727 12664557 34632236 1064867 28532404 34632236 29146945

0 0 0 (1590) (861315) 1655185 0 ERRORREF 0

Payroll costs









Finance 23526 161246 169975 379509 150313 8729 51 (10933) (73) 379509 487208 340620 FIN FIN








Policy 19464 101690 104811 303280 127444 3121 30 25754 202 303280 278878 312807 POL POL




Payroll costs 977618 4705807 4838195 12020937 5034523 132388 27 328716 65 12064669 12363972 12101636


0 0 0 (861315) (1590) (0)

ERRORREF



Year to date
























ainReportgt







Renewal fees 1950116 11536136 11331580 204556 18 22281152 22510780 (229628) (10) 23360384



UK scrutiny fees 141687 570567 492867 77700 158 879978 771319 108659 141 890861



Total Income 2358593 13786869 13230994 555875 42 25926947 26013349 (86402) (03) 27195417

Chair 822 57565 44010 (13555) (308) 86691 78960 (7731) (98) 90707



Communications 97301 573189 697315 124126 178 1222190 1267699 45509 36 1283061

Education 65984 497522 557129 59607 107 909949 1100094 190145 173 1142769


Finance 67349 417523 445764 28241 63 777447 848340 70893 84 844385


Human Resources 37753 316648 347742 31094 89 637604 679782 42178 62 733627


IT Department 80910 964239 1103882 139643 127 1683271 1678902 (4369) (03) 1816465

Major Projects 61424 123567 360256 236690 657 620990 1077170 456180 423 693553


Policy 23805 182601 215298 32697 152 381891 364813 (17078) (47) 441309

Registration 258836 1442302 1604916 162614 101 3036228 2804594 (231634) (83) 3024084

Secretariat 23266 119229 126072 6843 54 217601 260899 43298 166 246350

Depreciation 60257 359591 408918 49327 121 767187 749507 (17680) (24) 869954



Other expenditure

PSA Levy 73750 147500






22314 189971 229256 39285 171 26776211 26762856 641443 24 800000

Other income


Grant Income 0 0 0 0 114150 0 114150 0

13971 81271 0 81271 216065 0 216065 0 0

Revaluation


0 0 0 0 0 0





Renewal Fees 17533839 17533839


UK Scrutiny Fees 854936 51143 52016 58189 1016285

20990846 2310720 2311930 2405883 28019380


Arts Therapists 216076 22818 22587 22736 284216


Chiropodists 795017 84566 84466 84940 1048988


Dietitians 581191 59161 59503 60623 760479




Orthopodists 81425 8877 8841 8828 107970

Paramedics 1380237 139435 139899 139346 1798918




Radiographers 1934444 188754 189483 270678 2583359

Social Workers 5574675 633116 633116 633116 7474024


20990847 - 0 - 0 - 0 2310716 2311927 2405879 28019369

2310720 2311930 2405883

(4) (4) (4)







Renewal Fees 1896951 1905644 (8694) (0) 9391556 9514215 21930148 29616333 (12538592) (57) 29554238 1788462 6 27623055 29616333 27765776


UK Scrutiny Fees 147672 39438 108234 73 384363 390276 958311 1118143 (573948) (60) 1116484 148448 15 1065713 1118143 968036




Total Income 2290155 2247960 42195 2 11024107 11245792 26064765 34622834 (15040658) (43) 34730441 2119017 6 32727165 34622834 32611424

Chair 6063 7421 1358 18 30431 36684 59202 61912 28771 49 59456 33436 36 81464 61912 92892 PRE PRE





















PSA Levy 0 0 0 0 752711 902190 902190 924000 149479 17 924000 (21810) (2) 902190 924000 902190 PSA




Other expenditure






Other income



419 485600 (485181) (115922) 8012 31544 1625817 1076385 (1617805) 1096880 (1018341) 2868631 1076385 2115221

Revaluation


0 0 0 0 0 0


961734

43847586 25946869


80033391






Other Income (5549)

FTP 285508

Registration 73381



IT Department 4485







214603

(96871)




























Chief Executive 392167 769556 -111 028 -01839082787





FTP 1853964 2195879 20883737741 411871234251 142309977703

Registration 799425 326698 2723617537 254097700599 16722240694

Education 223371 38899 05022605604 615233575001 -0818005398

Finance 161246 70538 51353648425 92466904746 52262191153

Depreciation 271781 0 -09228662369 -09228662369


4705807 5661291 27363055414 387600670644 92303993492

0 -126735







Renewal Fees 1896951 9391556 9514215 23824083 29616333 (14432526) (61) 29554238 1788462 6 27623055 29616333 27765776


UK Scrutiny Fees 147672 384363 390276 993293 1118143 (608930) (61) 1116484 148448 15 1065713 1118143 968036




Total Income 2290155 11024107 11245792 28289825 34622834 (17265718) (50) 34730441 2119017 6 32727165 34622834 32611424

Chair 6063 30431 36684 66623 61912 36192 54 59456 33436 36 81464 61912 92892 PRE PRE





















PSA Levy 0 752711 902190 902190 924000 149479 17 924000 (21810) (2) 902190 924000 902190 PSA




Other expenditure






Other income


Grant Income 0 0 0 1597426 961734 (1597426) (100) 1015093 (1049330) 2766370 961734 2064423

419 8012 36134 1683961 1076385 (1675949) 1096880 (1018341) 2868631 1076385 2115221

Revaluation


0 0 0 0 0 0


3651390 256672 961734

43847586 29225372


80033391







Renewal Fees 1896951 9391556 9514215 9386618 29616333 4938 0 29554238 6394839 28 22917663 29616333 23159399


UK Scrutiny Fees 147672 384363 390276 396230 1118143 (11867) (3) 1116484 266359 31 821754 1118143 850125





Total Income 2290574 11032119 11266625 11085547 34737485 (53428) (0) 34812229 7409703 27 27040095 34737485 27402526

Chair 6063 30431 36684 30431 61912 0 0 59456 28615 32 75973 61912 88071 PRE PRE




















PSA Levy 0 752711 752711 752711 924000 0 0 924000 (171289) (23) 752711 924000 752711 PSA







0

0





COVID 19 Changes


Grant Income 0 0 0 255294 961734 (255294) 0 1015093 1015093 255294 961734 0

(43947) (212941) 0 146349 1923468 (359290) ERRORNA ERRORNA 146349 1923468 0

Revaluation


0 0 0 0 0 0



43847586 11305662


76382001



Income (53)

IT 44

Policy 46

Office Services 92



FTP 672


325

(0)

Variance Commentary




EXPENDITURE


























Management Accounts

August 2020

Index





Cash Flow 14

Graphs 15 to 16

Variance Commentary




EXPENDITURE



































FTP 9421022



Education 394607



Utilities 48140




361858

4750824

Management Accounts





Dec Depreciation



IR 35 -8492300

policy -2523479



FA Revaluation




Summary

Aug-20 Year-to-Date


Income 2290 2961 11024 11246

Operating Exp 2076 2983 10391 12546

Graphs


Income budget 2144081 2150665 2170152 2231738 2233891 2222620 2183172 2150665 2114911 2149773 2161942 - 12753235

Income actual 2110485 2084846 2181528 2199242 2253676 2158603 2259237 2219145 2159272 2218614 2195564 - 13101665




AYTD





Dietitians DT 96037























































Periodic





Accumulative






2019-20

ERRORVALUE 0

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

2018-19

2019-20


Income budget 2791273 2842379 2847566 2954775 2961061 2915210 3086764 3013123 2240010 2257365 2207428 2319471


Income actual 2940461 2936814 2848871 3072506 3097612 2994467 3011182 2972583 2290155 2923721 2859326 2275572


Income forecast 2940461 2936814 2848871 3072506 3097612 2994467 3011182 2972583 2290155 2225060 2189380 2247960








2018-19


Income budget 2757888 2818352 2804379 2938930 2939058 2863838 2926138 2900531 2977900 2919478 2869241 2924640


Income actual 2778371 2837224 2817684 2863046 3039567 2905886 2953470 2786701 2751524 2923721 2859326 2907312


Income forecast 2778371 2837224 2817684 2863046 3039567 2905886 2953470 2786701 2751524 2985909 2854658 2910057









2019-20

ERRORVALUE 0

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

2018-19


Income budget 2791273 2842379 2847566 2954775 2961061 2915210 3086764 3013123 2240010 2257365 2207428 2319471

Income actual 2940461 2936814 2848871 3072506 3097612 2994467 3011182 2972583 2290155

Income forecast 2940461 2936814 2848871 3072506 3097612 2994467 3011182 2950348 2197921 2225060 2189380 2247960






Income budget 2757888 2818352 2804379 2938930 2939058 2863838 2926138 2900531 2977900 2919478 2869241 2924640

Income actual 2778371 2837224 2817684 2863046 3039567 2905886 2953470 2786701 2751524 2923721 2859326 2940461

Income forecast 2778371 2837224 2817684 2863046 3039567 2905886 2953470 2786701 2751524 2985909 2854658 2910057






2017-18

ERRORVALUE 0

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE


Income budget 2626997 2660756 2689162 2809636 2808967 2771607 2840858 2817534 2864760 2854523 2796495 2865682


Income forecast






Income budget 2376686 2504858 2492324 2582962 2589049 2560753 2589905 2586429 2793796 2665674 2644757 2703855

Income actual 2455606 2507602 2515692 2641208 2722542 2602718 2645672 2572399 2657473 278841213 2628305 2710762

Income forecast 245560562 250760236 251569166 264120769 272254218 260271844 264567246 257239875 2657473 272301311030903 26759174179119 2739873400075





Graphs - Cashflow

2017-18

ERRORVALUE 0

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE



Opening Balance 18662518 16250563 14143510 14115544 12912536 14528324 15274759 13774931 11854632 10908751 9732058 12555205


Receipts 851261 1088268 2748081 1782924 4735727 3592563 1534986 1205524 1625086 1580624 5172464 3495647

Grant Income - 0 - 0 351870 141000 - 0 375608 141000 - 0 443437 141000 470508 - 0


Rental income 14583 14583 14583 14583 14583 14583 14583 14583 14583 14583 14583 14583



Departmentals 4016177 3052980 3006998 3052413 2982919 3079527 3030431 2982516 2897074 2856450 2674788 2583247




PSA Levy - 902000 - 89810 920040

Apprenticeship levy



Total payments 3282579 3214684 3147281 3146296 3139302 3240162 3194240 3144250 3032830 2916743 2838251 3658384

Closing Balance 16250563 14143510 14115544 12912536 14528324 15274759 13774931 11854632 10908751 9732058 12555205 12410893

- 2411955 - 2107053 - 27966 - 1203009 1615789 746435 - 1499828 - 1920299 - 945881 - 1176693 2823147 - 144312

4119 5119 6119 7119 8119 9119 10119 11119 12119 1120 2120 3120

Budget receipts 870624 1107631 3119315 1943287 4755091 3986596 1694412 1223950 2160911 1740050 5661398 3514073

Actual receipts 979925 1308953 2683789 1985762 4621872 6447200 1534382 1293492 2720208 1622310 71822


Budget payments 3282579 3214684 3147281 3146296 3139302 3240162 3194240 3144250 2378655 2916743 2838251 3658384






- 712608 2145188 3503064 - 1904006 - 1426886 - 325264 - 1849101 3070979 - 561720

Forecast capex















Other receipts 24032 24720 23823 23186 23490 23330 22447 26042 26845 20064 15002

Total receipts 1003957 1333673 2707612 2008948 4645362 6470530 1556829 1319534 2747053 1642374 86824 (16633573)







Capex for the month




cum budgeted capex










Depreciation 206956 306604 461121 461121 539729 628054 6909526 76703362 27178107


Graphs - Cashflow

2019-20

ERRORVALUE 0

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

2018-19

Cash flow statement



















Financing





Cash movement (5317878) (7263940) (8711798) (464817) (6284495) (11719064) 6289675


0

Graphs - Cashflow

2015-16

2014-15

Capital expenditure




0 0 0 0 0 0 540922 0


Laptops and PCs

Server replacement





Software 0




Projects




Projects








FTP CMS Review P94 0 0 0 0 88812 0 0 0 88812 0 45000 88812 0




Netreg refresh P98 (6106) 0 13133 6106

Fee review P99 0 0 0 0 5750 0 0 0 5750 0 2500 5750 0






COVID-19 P201 212941 0 (212941) 0 0 212941 0 0 (212941) 0






213607 0 129175 (213607) 32285 0 1459089 (32285) 245892 0 1588264 (245892) 1263069 2511297 570231 0





213607 0 828749 (213607) 32285 0 1459089 (32285) 245892 0 2287838 453682 2857492 2511297 3336601 0






Monday August 31 2020 569413 (569413)





ERRORVALUE 5795750 5795750 5466170 5673187 5405599 5466170 5761800 5745000 5820000

ERRORVALUE 0 0



ERRORVALUE 121965 142155 127536 210621 225073 127536 419061 104093 154320

ERRORVALUE 0 0



303752 247828 438043 283698 317155 438043 233172 453756 323534

0 0



2962035 2608297 1664880 2548637 3565254 1664880 3922792 1595223 2529721


0 0 0




14412784 17714885 14567340 12738122 20075833 11043222 13729709 20075833 9050764 21633345 16278529

Total assets 19471285 24185885 23750842 21532152 27772461 19759365 23242790 27772461 19387588 29531417 25106104

0 0 0






0 0 0


0 0 0


0 0 0




Grant income 0 0 0 0 0 0 0 0 0 0


4816712


1126318
























Check to IampE - 0 - 0 - 0 - 0 0

Rental Income

Non-payroll costs




Chair 6063 30431 30431 36684 61912 0 00 6253 170 75973 61912 88071



Communications 67290 108622 117131 111112 478673 8509 73 2490 22 262741 295607 242354


Education 2435 38899 35644 101099 444872 (3256) (91) 62199 615 98997 300619 199826


Finance 13570 70538 74591 77725 343069 4053 54 7187 92 210666 249152 200186


Human Resources 12231 101292 164706 206923 266855 63414 385 105632 510 532792 506128 481196


IT Department 134836 714698 754272 794412 1493413 39574 52 79714 100 1991069 1512881 1962055




Policy 166 3957 46590 38080 42633 915 34123 896 151322 127392


Registration 65721 326698 323467 437990 1419036 (3231) (10) 111292 254 809141 1329895 878513

Secretariat 7536 17600 22015 25868 (44749) 4415 201 8268 320 59175 30903 57303

PSA Levy 0 752711 752711 752711 902190 0 00 0 00 752711 924000 752711

Apprentice Levy 2634 14541 16410 16410 39220 1869 114 1869 114 41610 39220 43200



1984393 9942915 11007782 12662967 33770921 2720052 28532404 ERRORREF 29146945

1984393 9942914 11116727 12664557 34632236 1064867 28532404 34632236 29146945

0 0 0 (1590) (861315) 1655185 0 ERRORREF 0

Payroll costs









Finance 23526 161246 169975 379509 150313 8729 51 (10933) (73) 379509 487208 340620 FIN FIN








Policy 19464 101690 104811 303280 127444 3121 30 25754 202 303280 278878 312807 POL POL




Payroll costs 977618 4705807 4838195 12020937 5034523 132388 27 328716 65 12064669 12363972 12101636


0 0 0 (861315) (1590) (0)

ERRORREF



Year to date
























ainReportgt







Renewal fees 1950116 11536136 11331580 204556 18 22281152 22510780 (229628) (10) 23360384



UK scrutiny fees 141687 570567 492867 77700 158 879978 771319 108659 141 890861



Total Income 2358593 13786869 13230994 555875 42 25926947 26013349 (86402) (03) 27195417

Chair 822 57565 44010 (13555) (308) 86691 78960 (7731) (98) 90707



Communications 97301 573189 697315 124126 178 1222190 1267699 45509 36 1283061

Education 65984 497522 557129 59607 107 909949 1100094 190145 173 1142769


Finance 67349 417523 445764 28241 63 777447 848340 70893 84 844385


Human Resources 37753 316648 347742 31094 89 637604 679782 42178 62 733627


IT Department 80910 964239 1103882 139643 127 1683271 1678902 (4369) (03) 1816465

Major Projects 61424 123567 360256 236690 657 620990 1077170 456180 423 693553


Policy 23805 182601 215298 32697 152 381891 364813 (17078) (47) 441309

Registration 258836 1442302 1604916 162614 101 3036228 2804594 (231634) (83) 3024084

Secretariat 23266 119229 126072 6843 54 217601 260899 43298 166 246350

Depreciation 60257 359591 408918 49327 121 767187 749507 (17680) (24) 869954



Other expenditure

PSA Levy 73750 147500






22314 189971 229256 39285 171 26776211 26762856 641443 24 800000

Other income


Grant Income 0 0 0 0 114150 0 114150 0

13971 81271 0 81271 216065 0 216065 0 0

Revaluation


0 0 0 0 0 0





Renewal Fees 17533839 17533839


UK Scrutiny Fees 854936 51143 52016 58189 1016285

20990846 2310720 2311930 2405883 28019380


Arts Therapists 216076 22818 22587 22736 284216


Chiropodists 795017 84566 84466 84940 1048988


Dietitians 581191 59161 59503 60623 760479




Orthopodists 81425 8877 8841 8828 107970

Paramedics 1380237 139435 139899 139346 1798918




Radiographers 1934444 188754 189483 270678 2583359

Social Workers 5574675 633116 633116 633116 7474024


20990847 - 0 - 0 - 0 2310716 2311927 2405879 28019369

2310720 2311930 2405883

(4) (4) (4)







Renewal Fees 1896951 1905644 (8694) (0) 9391556 9514215 21930148 29616333 (12538592) (57) 29554238 1788462 6 27623055 29616333 27765776


UK Scrutiny Fees 147672 39438 108234 73 384363 390276 958311 1118143 (573948) (60) 1116484 148448 15 1065713 1118143 968036




Total Income 2290155 2247960 42195 2 11024107 11245792 26064765 34622834 (15040658) (43) 34730441 2119017 6 32727165 34622834 32611424

Chair 6063 7421 1358 18 30431 36684 59202 61912 28771 49 59456 33436 36 81464 61912 92892 PRE PRE





















PSA Levy 0 0 0 0 752711 902190 902190 924000 149479 17 924000 (21810) (2) 902190 924000 902190 PSA




Other expenditure






Other income



419 485600 (485181) (115922) 8012 31544 1625817 1076385 (1617805) 1096880 (1018341) 2868631 1076385 2115221

Revaluation


0 0 0 0 0 0


961734

43847586 25946869


80033391






Other Income (5549)

FTP 285508

Registration 73381



IT Department 4485







214603

(96871)




























Chief Executive 392167 769556 -111 028 -01839082787





FTP 1853964 2195879 20883737741 411871234251 142309977703

Registration 799425 326698 2723617537 254097700599 16722240694

Education 223371 38899 05022605604 615233575001 -0818005398

Finance 161246 70538 51353648425 92466904746 52262191153

Depreciation 271781 0 -09228662369 -09228662369


4705807 5661291 27363055414 387600670644 92303993492

0 -126735







Renewal Fees 1896951 9391556 9514215 23824083 29616333 (14432526) (61) 29554238 1788462 6 27623055 29616333 27765776


UK Scrutiny Fees 147672 384363 390276 993293 1118143 (608930) (61) 1116484 148448 15 1065713 1118143 968036




Total Income 2290155 11024107 11245792 28289825 34622834 (17265718) (50) 34730441 2119017 6 32727165 34622834 32611424

Chair 6063 30431 36684 66623 61912 36192 54 59456 33436 36 81464 61912 92892 PRE PRE





















PSA Levy 0 752711 902190 902190 924000 149479 17 924000 (21810) (2) 902190 924000 902190 PSA




Other expenditure






Other income


Grant Income 0 0 0 1597426 961734 (1597426) (100) 1015093 (1049330) 2766370 961734 2064423

419 8012 36134 1683961 1076385 (1675949) 1096880 (1018341) 2868631 1076385 2115221

Revaluation


0 0 0 0 0 0


3651390 256672 961734

43847586 29225372


80033391







Renewal Fees 1896951 9391556 9514215 9386618 29616333 4938 0 29554238 6394839 28 22917663 29616333 23159399


UK Scrutiny Fees 147672 384363 390276 396230 1118143 (11867) (3) 1116484 266359 31 821754 1118143 850125





Total Income 2290574 11032119 11266625 11085547 34737485 (53428) (0) 34812229 7409703 27 27040095 34737485 27402526

Chair 6063 30431 36684 30431 61912 0 0 59456 28615 32 75973 61912 88071 PRE PRE




















PSA Levy 0 752711 752711 752711 924000 0 0 924000 (171289) (23) 752711 924000 752711 PSA







0

0





COVID 19 Changes


Grant Income 0 0 0 255294 961734 (255294) 0 1015093 1015093 255294 961734 0

(43947) (212941) 0 146349 1923468 (359290) ERRORNA ERRORNA 146349 1923468 0

Revaluation


0 0 0 0 0 0



43847586 11305662


76382001



Income (53)

IT 44

Policy 46

Office Services 92



FTP 672


325

(0)

Variance Commentary




EXPENDITURE


























Management Accounts

August 2020

Index





Cash Flow 14

Graphs 15 to 16

Variance Commentary




EXPENDITURE



































FTP 9421022



Education 394607



Utilities 48140




361858

4750824

Management Accounts





Dec Depreciation



IR 35 -8492300

policy -2523479



FA Revaluation




Summary

Aug-20 Year-to-Date


Income 2290 2961 11024 11246

Operating Exp 2076 2983 10391 12546



Page 1Finance Report September 2020 Council 24 September 2020 of 8

Page 2

7

65432

1









Page 3















Income By Activity


Exec Summary

Sheet1

Front cover

ampP

Bridge


ampP

Index

Variance analysis

ampP

Bridge (2)

IampE (2)

ampP

IampE

ampP

at a glance

in month Bridge

in month

ampP


IampE m6

IAConnection

inc by prof m6

Payroll

ampP

Non payroll

ampP


ampP

SOFP

ampP

Projects

ampP

Capex

ampP

Cashflow Graphs





Graph Cashflow

Cash flow

ampP

Cashflow Graphs (2)

ampP




ampFampA

Page ampP of ampN









Graphs 1 (4)

ampP









Graphs 2 (3)

ampP









Capex graph



Fc Graphs





Income Graphs



Income by Activity


Graphs 1 (2)

ampFampA

Page ampP of ampN







image1png

image2png

Exec Summary

Sheet1

Front cover

ampP

Bridge


ampP

Index

Variance analysis

ampP

Bridge (2)

IampE (2)

ampP

IampE

ampP

at a glance

in month Bridge

in month

ampP


IampE m6

IAConnection

inc by prof m6

Payroll

ampP

Non payroll

ampP


ampP

SOFP

ampP

Projects

ampP

Capex

ampP

Cashflow Graphs





Graph Cashflow

Cash flow

ampP

Cashflow Graphs (2)

ampP




ampFampA

Page ampP of ampN









Graphs 1 (4)

ampP









Graphs 2 (3)

ampP









Capex graph



Fc Graphs





Income Graphs



Income by Activity


Graphs 1 (2)

ampFampA

Page ampP of ampN







image1png

image2png

Page 4





14567340 12738122Total Assets 23750842 21532152







Year to date

Forecast Variance

Full Year 3+9







COVID-19 (D) (212941) 146349 (359290) 146349



inmonth

iampe

TABLE 2

table 2a

TABLE 3

TABLE 4

sofp

capital

council

council1st forecast

inmonth

iampe

TABLE 2

table 2a

TABLE 3

TABLE 4

sofp

capital

council

council1st forecast















Slide Number 1

Slide Number 2

Slide Number 3

Slide Number 4





Current Assets



9050764 8182464 9050764 21633345 9050764 13729709 10922578 8720958

Total Assets 19387588 18391103 19387588 29531417 19387588 23242790 22361851 21728654

Current Liabilities



Deferred Income 15331975 15226491 15331975 22107880 15331975 19132839 19191666 17371225











Current Assets



8182464 9050764 21633345 9050764 13729709 10922578 8720958

Total Assets 18391103 19387588 29531417 19387588 23242790 22361851 21728654

Current Liabilities



Deferred Income 15226491 15331975 22107880 15331975 19132839 19191666 17371225








CAPITAL EXPENDITURE







0 20190 20190 338520 338520


Projects




New Projects



Reg Phase 3 0 0 0 0


Total Projects 569413 996712 427299 1607544 1607544



For Council







14567340 12738122 21633345 9050764 13729709 14567340 12738122

Total Assets 23750842 21532152

Total Assets 23750842 21532152 29531417 19387588 23242790

Current Liabilities




Deferred Income 16633573 15289822 22107880 15331975 19132839









TABLE 4



Expenditure

Chair 6063 30431 36684 6253 88071

Chief Executive 0 2304 19300 16996 45960


Communications 67290 108622 111112 2490 242354

Office Services 209626 752083 1072092 320010 2534210

Finance 13570 70538 77725 7187 200186

Human Resources 12231 101292 206923 105632 481196


IT Department 134836 714698 794412 79714 1962055






Secretariat 7536 17600 25868 8268 57303

PSA Levy 0 752711 752711 0 752711

Apprentice Levy 2634 14541 16410 1869 43200


Education 2435 38899 101099 62199 199826


Policy -1488 757 4889 4131 9355


Registration 65721 326698 437990 111292 878513



TABLE 3



Expenditure

Chief Executive 76452 392167 441690 49523 1060056

Communications 24179 160774 173128 12355 445232

Office Services 26856 127905 146635 18730 349225

Finance 23526 161246 150313 (10933) 340620

Human Resources 76913 251858 453564 201706 1088555


IT Department 67933 326483 335403 8920 804967






Secretariat 14954 74770 92213 17443 221312


Education 42388 223371 191585 (31786) 459804


Policy 19464 101690 127444 25754 312807


Registration 172047 799425 836512 37087 1943996



TABLE 2b













TABLE 2






Renewal Fees 1896951 9391556 9386618 4938 0 27765776


UK Scrutiny Fees 147672 384363 396230 (11867) -3 968036


Other Income 2065 12644 12974 (330) -3 0



Total Income 2290574 11032119 11085547 -53428 -0 32661424

For Council







Income (A) 11032119 11085547 (53428) 27402526 27040095




Depreciation 271781 269296 (2485) 695080 742376




COVID-19 (D) (212941) 146349 (359290) 146349





COVID 19

Grant Income 0 255294 (255294) 0 255294

Grant Costs (212941) (108945) (103996) 0 (108945)

Total COVID 19 (E) (212941) 146349 (359290) 0 146349




Income (A)


Rental Income 14583 14583 -0 175000


Income (A) 2290574 2255823 34750 32829426

Expenditure



Depreciation 53295 85021 31726 963107








Grant Income 0 477737 (477737) 2064423







Current Assets



9050764 8182464 9050764 21633345 9050764 13729709 10922578 8720958

Total Assets 19387588 18391103 19387588 29531417 19387588 23242790 22361851 21728654

Current Liabilities



Deferred Income 15331975 15226491 15331975 22107880 15331975 19132839 19191666 17371225











Current Assets



8182464 9050764 21633345 9050764 13729709 10922578 8720958

Total Assets 18391103 19387588 29531417 19387588 23242790 22361851 21728654

Current Liabilities



Deferred Income 15226491 15331975 22107880 15331975 19132839 19191666 17371225








CAPITAL EXPENDITURE







0 20190 20190 338520 338520


Projects




New Projects



Reg Phase 3 0 0 0 0


Total Projects 569413 996712 427299 1607544 1607544



For Council







14567340 12738122 21633345 9050764 13729709 14567340 12738122

Total Assets 23750842 21532152

Total Assets 23750842 21532152 29531417 19387588 23242790

Current Liabilities




Deferred Income 16633573 15289822 22107880 15331975 19132839









TABLE 4



Expenditure

Chair 6063 30431 36684 6253 88071

Chief Executive 0 2304 19300 16996 45960


Communications 67290 108622 111112 2490 242354

Office Services 209626 752083 1072092 320010 2534210

Finance 13570 70538 77725 7187 200186

Human Resources 12231 101292 206923 105632 481196


IT Department 134836 714698 794412 79714 1962055






Secretariat 7536 17600 25868 8268 57303

PSA Levy 0 752711 752711 0 752711

Apprentice Levy 2634 14541 16410 1869 43200


Education 2435 38899 101099 62199 199826


Policy -1488 757 4889 4131 9355


Registration 65721 326698 437990 111292 878513



TABLE 3



Expenditure

Chief Executive 76452 392167 441690 49523 1060056

Communications 24179 160774 173128 12355 445232

Office Services 26856 127905 146635 18730 349225

Finance 23526 161246 150313 (10933) 340620

Human Resources 76913 251858 453564 201706 1088555


IT Department 67933 326483 335403 8920 804967






Secretariat 14954 74770 92213 17443 221312


Education 42388 223371 191585 (31786) 459804


Policy 19464 101690 127444 25754 312807


Registration 172047 799425 836512 37087 1943996



TABLE 2b













TABLE 2






Renewal Fees 1896951 9391556 9386618 4938 0 27765776


UK Scrutiny Fees 147672 384363 396230 (11867) -3 968036


Other Income 2065 12644 12974 (330) -3 0



Total Income 2290574 11032119 11085547 -53428 -0 32661424

For Council







Income (A) 11032119 11085547 (53428) 27402526 27040095




Depreciation 271781 269296 (2485) 695080 742376




COVID-19 (D) (212941) 146349 (359290) 146349





COVID 19

Grant Income 0 255294 (255294) 0 255294

Grant Costs (212941) (108945) (103996) 0 (108945)

Total COVID 19 (E) (212941) 146349 (359290) 0 146349




Income (A)


Rental Income 14583 14583 -0 175000


Income (A) 2290574 2255823 34750 32829426

Expenditure



Depreciation 53295 85021 31726 963107








Grant Income 0 477737 (477737) 2064423




Graphs


Income budget 2144081 2150665 2170152 2231738 2233891 2222620 2183172 2150665 2114911 2149773 2161942 - 12753235

Income actual 2110485 2084846 2181528 2199242 2253676 2158603 2259237 2219145 2159272 2218614 2195564 - 13101665




AYTD





Dietitians DT 96037























































Periodic





Accumulative






2019-20

ERRORVALUE 0

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

2018-19

2019-20


Income budget 2791273 2842379 2847566 2954775 2961061 2915210 3086764 3013123 2240010 2257365 2207428 2319471


Income actual 2940461 2936814 2848871 3072506 3097612 2994467 3011182 2972583 2290155 2923721 2859326 2275572


Income forecast 2940461 2936814 2848871 3072506 3097612 2994467 3011182 2972583 2290155 2225060 2189380 2247960








2018-19


Income budget 2757888 2818352 2804379 2938930 2939058 2863838 2926138 2900531 2977900 2919478 2869241 2924640


Income actual 2778371 2837224 2817684 2863046 3039567 2905886 2953470 2786701 2751524 2923721 2859326 2907312


Income forecast 2778371 2837224 2817684 2863046 3039567 2905886 2953470 2786701 2751524 2985909 2854658 2910057









2019-20

ERRORVALUE 0

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

2018-19


Income budget 2791273 2842379 2847566 2954775 2961061 2915210 3086764 3013123 2240010 2257365 2207428 2319471

Income actual 2940461 2936814 2848871 3072506 3097612 2994467 3011182 2972583 2290155

Income forecast 2940461 2936814 2848871 3072506 3097612 2994467 3011182 2950348 2197921 2225060 2189380 2247960






Income budget 2757888 2818352 2804379 2938930 2939058 2863838 2926138 2900531 2977900 2919478 2869241 2924640

Income actual 2778371 2837224 2817684 2863046 3039567 2905886 2953470 2786701 2751524 2923721 2859326 2940461

Income forecast 2778371 2837224 2817684 2863046 3039567 2905886 2953470 2786701 2751524 2985909 2854658 2910057






2017-18

ERRORVALUE 0

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE


Income budget 2626997 2660756 2689162 2809636 2808967 2771607 2840858 2817534 2864760 2854523 2796495 2865682


Income forecast






Income budget 2376686 2504858 2492324 2582962 2589049 2560753 2589905 2586429 2793796 2665674 2644757 2703855

Income actual 2455606 2507602 2515692 2641208 2722542 2602718 2645672 2572399 2657473 278841213 2628305 2710762

Income forecast 245560562 250760236 251569166 264120769 272254218 260271844 264567246 257239875 2657473 272301311030903 26759174179119 2739873400075





Graphs - Cashflow

2017-18

ERRORVALUE 0

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE



Opening Balance 18662518 16250563 14143510 14115544 12912536 14528324 15274759 13774931 11854632 10908751 9732058 12555205


Receipts 851261 1088268 2748081 1782924 4735727 3592563 1534986 1205524 1625086 1580624 5172464 3495647

Grant Income - 0 - 0 351870 141000 - 0 375608 141000 - 0 443437 141000 470508 - 0


Rental income 14583 14583 14583 14583 14583 14583 14583 14583 14583 14583 14583 14583



Departmentals 4016177 3052980 3006998 3052413 2982919 3079527 3030431 2982516 2897074 2856450 2674788 2583247




PSA Levy - 902000 - 89810 920040

Apprenticeship levy



Total payments 3282579 3214684 3147281 3146296 3139302 3240162 3194240 3144250 3032830 2916743 2838251 3658384

Closing Balance 16250563 14143510 14115544 12912536 14528324 15274759 13774931 11854632 10908751 9732058 12555205 12410893

- 2411955 - 2107053 - 27966 - 1203009 1615789 746435 - 1499828 - 1920299 - 945881 - 1176693 2823147 - 144312

4119 5119 6119 7119 8119 9119 10119 11119 12119 1120 2120 3120

Budget receipts 870624 1107631 3119315 1943287 4755091 3986596 1694412 1223950 2160911 1740050 5661398 3514073

Actual receipts 979925 1308953 2683789 1985762 4621872 6447200 1534382 1293492 2720208 1622310 71822


Budget payments 3282579 3214684 3147281 3146296 3139302 3240162 3194240 3144250 2378655 2916743 2838251 3658384






- 712608 2145188 3503064 - 1904006 - 1426886 - 325264 - 1849101 3070979 - 561720

Forecast capex















Other receipts 24032 24720 23823 23186 23490 23330 22447 26042 26845 20064 15002

Total receipts 1003957 1333673 2707612 2008948 4645362 6470530 1556829 1319534 2747053 1642374 86824 (16633573)







Capex for the month




cum budgeted capex










Depreciation 206956 306604 461121 461121 539729 628054 6909526 76703362 27178107


Graphs - Cashflow

2019-20

ERRORVALUE 0

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

2018-19

Cash flow statement



















Financing





Cash movement (5317878) (7263940) (8711798) (464817) (6284495) (11719064) 6289675


0

Graphs - Cashflow

2015-16

2014-15

Capital expenditure




0 0 0 0 0 0 540922 0


Laptops and PCs

Server replacement





Software 0




Projects




Projects








FTP CMS Review P94 0 0 0 0 88812 0 0 0 88812 0 45000 88812 0




Netreg refresh P98 (6106) 0 13133 6106

Fee review P99 0 0 0 0 5750 0 0 0 5750 0 2500 5750 0






COVID-19 P201 212941 0 (212941) 0 0 212941 0 0 (212941) 0






213607 0 129175 (213607) 32285 0 1459089 (32285) 245892 0 1588264 (245892) 1263069 2511297 570231 0





213607 0 828749 (213607) 32285 0 1459089 (32285) 245892 0 2287838 453682 2857492 2511297 3336601 0






Monday August 31 2020 569413 (569413)





ERRORVALUE 5795750 5795750 5466170 5673187 5405599 5466170 5761800 5745000 5820000

ERRORVALUE 0 0



ERRORVALUE 121965 142155 127536 210621 225073 127536 419061 104093 154320

ERRORVALUE 0 0



303752 247828 438043 283698 317155 438043 233172 453756 323534

0 0



2962035 2608297 1664880 2548637 3565254 1664880 3922792 1595223 2529721


0 0 0




14412784 17714885 14567340 12738122 20075833 11043222 13729709 20075833 9050764 21633345 16278529

Total assets 19471285 24185885 23750842 21532152 27772461 19759365 23242790 27772461 19387588 29531417 25106104

0 0 0






0 0 0


0 0 0


0 0 0




Grant income 0 0 0 0 0 0 0 0 0 0


4816712


1126318
























Check to IampE - 0 - 0 - 0 - 0 0

Rental Income

Non-payroll costs




Chair 6063 30431 30431 36684 61912 0 00 6253 170 75973 61912 88071



Communications 67290 108622 117131 111112 478673 8509 73 2490 22 262741 295607 242354


Education 2435 38899 35644 101099 444872 (3256) (91) 62199 615 98997 300619 199826


Finance 13570 70538 74591 77725 343069 4053 54 7187 92 210666 249152 200186


Human Resources 12231 101292 164706 206923 266855 63414 385 105632 510 532792 506128 481196


IT Department 134836 714698 754272 794412 1493413 39574 52 79714 100 1991069 1512881 1962055




Policy 166 3957 46590 38080 42633 915 34123 896 151322 127392


Registration 65721 326698 323467 437990 1419036 (3231) (10) 111292 254 809141 1329895 878513

Secretariat 7536 17600 22015 25868 (44749) 4415 201 8268 320 59175 30903 57303

PSA Levy 0 752711 752711 752711 902190 0 00 0 00 752711 924000 752711

Apprentice Levy 2634 14541 16410 16410 39220 1869 114 1869 114 41610 39220 43200



1984393 9942915 11007782 12662967 33770921 2720052 28532404 ERRORREF 29146945

1984393 9942914 11116727 12664557 34632236 1064867 28532404 34632236 29146945

0 0 0 (1590) (861315) 1655185 0 ERRORREF 0

Payroll costs









Finance 23526 161246 169975 379509 150313 8729 51 (10933) (73) 379509 487208 340620 FIN FIN








Policy 19464 101690 104811 303280 127444 3121 30 25754 202 303280 278878 312807 POL POL




Payroll costs 977618 4705807 4838195 12020937 5034523 132388 27 328716 65 12064669 12363972 12101636


0 0 0 (861315) (1590) (0)

ERRORREF



Year to date
























ainReportgt







Renewal fees 1950116 11536136 11331580 204556 18 22281152 22510780 (229628) (10) 23360384



UK scrutiny fees 141687 570567 492867 77700 158 879978 771319 108659 141 890861



Total Income 2358593 13786869 13230994 555875 42 25926947 26013349 (86402) (03) 27195417

Chair 822 57565 44010 (13555) (308) 86691 78960 (7731) (98) 90707



Communications 97301 573189 697315 124126 178 1222190 1267699 45509 36 1283061

Education 65984 497522 557129 59607 107 909949 1100094 190145 173 1142769


Finance 67349 417523 445764 28241 63 777447 848340 70893 84 844385


Human Resources 37753 316648 347742 31094 89 637604 679782 42178 62 733627


IT Department 80910 964239 1103882 139643 127 1683271 1678902 (4369) (03) 1816465

Major Projects 61424 123567 360256 236690 657 620990 1077170 456180 423 693553


Policy 23805 182601 215298 32697 152 381891 364813 (17078) (47) 441309

Registration 258836 1442302 1604916 162614 101 3036228 2804594 (231634) (83) 3024084

Secretariat 23266 119229 126072 6843 54 217601 260899 43298 166 246350

Depreciation 60257 359591 408918 49327 121 767187 749507 (17680) (24) 869954



Other expenditure

PSA Levy 73750 147500






22314 189971 229256 39285 171 26776211 26762856 641443 24 800000

Other income


Grant Income 0 0 0 0 114150 0 114150 0

13971 81271 0 81271 216065 0 216065 0 0

Revaluation


0 0 0 0 0 0





Renewal Fees 17533839 17533839


UK Scrutiny Fees 854936 51143 52016 58189 1016285

20990846 2310720 2311930 2405883 28019380


Arts Therapists 216076 22818 22587 22736 284216


Chiropodists 795017 84566 84466 84940 1048988


Dietitians 581191 59161 59503 60623 760479




Orthopodists 81425 8877 8841 8828 107970

Paramedics 1380237 139435 139899 139346 1798918




Radiographers 1934444 188754 189483 270678 2583359

Social Workers 5574675 633116 633116 633116 7474024


20990847 - 0 - 0 - 0 2310716 2311927 2405879 28019369

2310720 2311930 2405883

(4) (4) (4)







Renewal Fees 1896951 1905644 (8694) (0) 9391556 9514215 21930148 29616333 (12538592) (57) 29554238 1788462 6 27623055 29616333 27765776


UK Scrutiny Fees 147672 39438 108234 73 384363 390276 958311 1118143 (573948) (60) 1116484 148448 15 1065713 1118143 968036




Total Income 2290155 2247960 42195 2 11024107 11245792 26064765 34622834 (15040658) (43) 34730441 2119017 6 32727165 34622834 32611424

Chair 6063 7421 1358 18 30431 36684 59202 61912 28771 49 59456 33436 36 81464 61912 92892 PRE PRE





















PSA Levy 0 0 0 0 752711 902190 902190 924000 149479 17 924000 (21810) (2) 902190 924000 902190 PSA




Other expenditure






Other income



419 485600 (485181) (115922) 8012 31544 1625817 1076385 (1617805) 1096880 (1018341) 2868631 1076385 2115221

Revaluation


0 0 0 0 0 0


961734

43847586 25946869


80033391






Other Income (5549)

FTP 285508

Registration 73381



IT Department 4485







214603

(96871)




























Chief Executive 392167 769556 -111 028 -01839082787





FTP 1853964 2195879 20883737741 411871234251 142309977703

Registration 799425 326698 2723617537 254097700599 16722240694

Education 223371 38899 05022605604 615233575001 -0818005398

Finance 161246 70538 51353648425 92466904746 52262191153

Depreciation 271781 0 -09228662369 -09228662369


4705807 5661291 27363055414 387600670644 92303993492

0 -126735







Renewal Fees 1896951 9391556 9514215 23824083 29616333 (14432526) (61) 29554238 1788462 6 27623055 29616333 27765776


UK Scrutiny Fees 147672 384363 390276 993293 1118143 (608930) (61) 1116484 148448 15 1065713 1118143 968036




Total Income 2290155 11024107 11245792 28289825 34622834 (17265718) (50) 34730441 2119017 6 32727165 34622834 32611424

Chair 6063 30431 36684 66623 61912 36192 54 59456 33436 36 81464 61912 92892 PRE PRE





















PSA Levy 0 752711 902190 902190 924000 149479 17 924000 (21810) (2) 902190 924000 902190 PSA




Other expenditure






Other income


Grant Income 0 0 0 1597426 961734 (1597426) (100) 1015093 (1049330) 2766370 961734 2064423

419 8012 36134 1683961 1076385 (1675949) 1096880 (1018341) 2868631 1076385 2115221

Revaluation


0 0 0 0 0 0


3651390 256672 961734

43847586 29225372


80033391







Renewal Fees 1896951 9391556 9514215 9386618 29616333 4938 0 29554238 6394839 28 22917663 29616333 23159399


UK Scrutiny Fees 147672 384363 390276 396230 1118143 (11867) (3) 1116484 266359 31 821754 1118143 850125





Total Income 2290574 11032119 11266625 11085547 34737485 (53428) (0) 34812229 7409703 27 27040095 34737485 27402526

Chair 6063 30431 36684 30431 61912 0 0 59456 28615 32 75973 61912 88071 PRE PRE




















PSA Levy 0 752711 752711 752711 924000 0 0 924000 (171289) (23) 752711 924000 752711 PSA







0

0





COVID 19 Changes


Grant Income 0 0 0 255294 961734 (255294) 0 1015093 1015093 255294 961734 0

(43947) (212941) 0 146349 1923468 (359290) ERRORNA ERRORNA 146349 1923468 0

Revaluation


0 0 0 0 0 0



43847586 11305662


76382001



Income (53)

IT 44

Policy 46

Office Services 92



FTP 672


325

(0)

Variance Commentary




EXPENDITURE


























Management Accounts

August 2020

Index





Cash Flow 14

Graphs 15 to 16

Variance Commentary




EXPENDITURE



































FTP 9421022



Education 394607



Utilities 48140




361858

4750824

Management Accounts





Dec Depreciation



IR 35 -8492300

policy -2523479



FA Revaluation




Summary

Aug-20 Year-to-Date


Income 2290 2961 11024 11246

Operating Exp 2076 2983 10391 12546

Graphs


Income budget 2144081 2150665 2170152 2231738 2233891 2222620 2183172 2150665 2114911 2149773 2161942 - 12753235

Income actual 2110485 2084846 2181528 2199242 2253676 2158603 2259237 2219145 2159272 2218614 2195564 - 13101665




AYTD





Dietitians DT 96037























































Periodic





Accumulative






2019-20

ERRORVALUE 0

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

2018-19

2019-20


Income budget 2791273 2842379 2847566 2954775 2961061 2915210 3086764 3013123 2240010 2257365 2207428 2319471


Income actual 2940461 2936814 2848871 3072506 3097612 2994467 3011182 2972583 2290155 2923721 2859326 2275572


Income forecast 2940461 2936814 2848871 3072506 3097612 2994467 3011182 2972583 2290155 2225060 2189380 2247960








2018-19


Income budget 2757888 2818352 2804379 2938930 2939058 2863838 2926138 2900531 2977900 2919478 2869241 2924640


Income actual 2778371 2837224 2817684 2863046 3039567 2905886 2953470 2786701 2751524 2923721 2859326 2907312


Income forecast 2778371 2837224 2817684 2863046 3039567 2905886 2953470 2786701 2751524 2985909 2854658 2910057









2019-20

ERRORVALUE 0

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

2018-19


Income budget 2791273 2842379 2847566 2954775 2961061 2915210 3086764 3013123 2240010 2257365 2207428 2319471

Income actual 2940461 2936814 2848871 3072506 3097612 2994467 3011182 2972583 2290155

Income forecast 2940461 2936814 2848871 3072506 3097612 2994467 3011182 2950348 2197921 2225060 2189380 2247960






Income budget 2757888 2818352 2804379 2938930 2939058 2863838 2926138 2900531 2977900 2919478 2869241 2924640

Income actual 2778371 2837224 2817684 2863046 3039567 2905886 2953470 2786701 2751524 2923721 2859326 2940461

Income forecast 2778371 2837224 2817684 2863046 3039567 2905886 2953470 2786701 2751524 2985909 2854658 2910057






2017-18

ERRORVALUE 0

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE


Income budget 2626997 2660756 2689162 2809636 2808967 2771607 2840858 2817534 2864760 2854523 2796495 2865682


Income forecast






Income budget 2376686 2504858 2492324 2582962 2589049 2560753 2589905 2586429 2793796 2665674 2644757 2703855

Income actual 2455606 2507602 2515692 2641208 2722542 2602718 2645672 2572399 2657473 278841213 2628305 2710762

Income forecast 245560562 250760236 251569166 264120769 272254218 260271844 264567246 257239875 2657473 272301311030903 26759174179119 2739873400075





Graphs - Cashflow

2017-18

ERRORVALUE 0

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE



Opening Balance 18662518 16250563 14143510 14115544 12912536 14528324 15274759 13774931 11854632 10908751 9732058 12555205


Receipts 851261 1088268 2748081 1782924 4735727 3592563 1534986 1205524 1625086 1580624 5172464 3495647

Grant Income - 0 - 0 351870 141000 - 0 375608 141000 - 0 443437 141000 470508 - 0


Rental income 14583 14583 14583 14583 14583 14583 14583 14583 14583 14583 14583 14583



Departmentals 4016177 3052980 3006998 3052413 2982919 3079527 3030431 2982516 2897074 2856450 2674788 2583247




PSA Levy - 902000 - 89810 920040

Apprenticeship levy



Total payments 3282579 3214684 3147281 3146296 3139302 3240162 3194240 3144250 3032830 2916743 2838251 3658384

Closing Balance 16250563 14143510 14115544 12912536 14528324 15274759 13774931 11854632 10908751 9732058 12555205 12410893

- 2411955 - 2107053 - 27966 - 1203009 1615789 746435 - 1499828 - 1920299 - 945881 - 1176693 2823147 - 144312

4119 5119 6119 7119 8119 9119 10119 11119 12119 1120 2120 3120

Budget receipts 870624 1107631 3119315 1943287 4755091 3986596 1694412 1223950 2160911 1740050 5661398 3514073

Actual receipts 979925 1308953 2683789 1985762 4621872 6447200 1534382 1293492 2720208 1622310 71822


Budget payments 3282579 3214684 3147281 3146296 3139302 3240162 3194240 3144250 2378655 2916743 2838251 3658384






- 712608 2145188 3503064 - 1904006 - 1426886 - 325264 - 1849101 3070979 - 561720

Forecast capex















Other receipts 24032 24720 23823 23186 23490 23330 22447 26042 26845 20064 15002

Total receipts 1003957 1333673 2707612 2008948 4645362 6470530 1556829 1319534 2747053 1642374 86824 (16633573)







Capex for the month




cum budgeted capex










Depreciation 206956 306604 461121 461121 539729 628054 6909526 76703362 27178107


Graphs - Cashflow

2019-20

ERRORVALUE 0

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

ERRORVALUE

2018-19

Cash flow statement



















Financing





Cash movement (5317878) (7263940) (8711798) (464817) (6284495) (11719064) 6289675


0

Graphs - Cashflow

2015-16

2014-15

Capital expenditure




0 0 0 0 0 0 540922 0


Laptops and PCs

Server replacement





Software 0




Projects




Projects








FTP CMS Review P94 0 0 0 0 88812 0 0 0 88812 0 45000 88812 0




Netreg refresh P98 (6106) 0 13133 6106

Fee review P99 0 0 0 0 5750 0 0 0 5750 0 2500 5750 0






COVID-19 P201 212941 0 (212941) 0 0 212941 0 0 (212941) 0






213607 0 129175 (213607) 32285 0 1459089 (32285) 245892 0 1588264 (245892) 1263069 2511297 570231 0





213607 0 828749 (213607) 32285 0 1459089 (32285) 245892 0 2287838 453682 2857492 2511297 3336601 0






Monday August 31 2020 569413 (569413)





ERRORVALUE 5795750 5795750 5466170 5673187 5405599 5466170 5761800 5745000 5820000

ERRORVALUE 0 0



ERRORVALUE 121965 142155 127536 210621 225073 127536 419061 104093 154320

ERRORVALUE 0 0



303752 247828 438043 283698 317155 438043 233172 453756 323534

0 0



2962035 2608297 1664880 2548637 3565254 1664880 3922792 1595223 2529721


0 0 0




14412784 17714885 14567340 12738122 20075833 11043222 13729709 20075833 9050764 21633345 16278529

Total assets 19471285 24185885 23750842 21532152 27772461 19759365 23242790 27772461 19387588 29531417 25106104

0 0 0






0 0 0


0 0 0


0 0 0




Grant income 0 0 0 0 0 0 0 0 0 0


4816712


1126318
























Check to IampE - 0 - 0 - 0 - 0 0

Rental Income

Non-payroll costs




Chair 6063 30431 30431 36684 61912 0 00 6253 170 75973 61912 88071



Communications 67290 108622 117131 111112 478673 8509 73 2490 22 262741 295607 242354


Education 2435 38899 35644 101099 444872 (3256) (91) 62199 615 98997 300619 199826


Finance 13570 70538 74591 77725 343069 4053 54 7187 92 210666 249152 200186


Human Resources 12231 101292 164706 206923 266855 63414 385 105632 510 532792 506128 481196


IT Department 134836 714698 754272 794412 1493413 39574 52 79714 100 1991069 1512881 1962055




Policy 166 3957 46590 38080 42633 915 34123 896 151322 127392


Registration 65721 326698 323467 437990 1419036 (3231) (10) 111292 254 809141 1329895 878513

Secretariat 7536 17600 22015 25868 (44749) 4415 201 8268 320 59175 30903 57303

PSA Levy 0 752711 752711 752711 902190 0 00 0 00 752711 924000 752711

Apprentice Levy 2634 14541 16410 16410 39220 1869 114 1869 114 41610 39220 43200



1984393 9942915 11007782 12662967 33770921 2720052 28532404 ERRORREF 29146945

1984393 9942914 11116727 12664557 34632236 1064867 28532404 34632236 29146945

0 0 0 (1590) (861315) 1655185 0 ERRORREF 0

Payroll costs









Finance 23526 161246 169975 379509 150313 8729 51 (10933) (73) 379509 487208 340620 FIN FIN








Policy 19464 101690 104811 303280 127444 3121 30 25754 202 303280 278878 312807 POL POL




Payroll costs 977618 4705807 4838195 12020937 5034523 132388 27 328716 65 12064669 12363972 12101636


0 0 0 (861315) (1590) (0)

ERRORREF



Year to date
























ainReportgt







Renewal fees 1950116 11536136 11331580 204556 18 22281152 22510780 (229628) (10) 23360384



UK scrutiny fees 141687 570567 492867 77700 158 879978 771319 108659 141 890861



Total Income 2358593 13786869 13230994 555875 42 25926947 26013349 (86402) (03) 27195417

Chair 822 57565 44010 (13555) (308) 86691 78960 (7731) (98) 90707



Communications 97301 573189 697315 124126 178 1222190 1267699 45509 36 1283061

Education 65984 497522 557129 59607 107 909949 1100094 190145 173 1142769


Finance 67349 417523 445764 28241 63 777447 848340 70893 84 844385


Human Resources 37753 316648 347742 31094 89 637604 679782 42178 62 733627


IT Department 80910 964239 1103882 139643 127 1683271 1678902 (4369) (03) 1816465

Major Projects 61424 123567 360256 236690 657 620990 1077170 456180 423 693553


Policy 23805 182601 215298 32697 152 381891 364813 (17078) (47) 441309

Registration 258836 1442302 1604916 162614 101 3036228 2804594 (231634) (83) 3024084

Secretariat 23266 119229 126072 6843 54 217601 260899 43298 166 246350

Depreciation 60257 359591 408918 49327 121 767187 749507 (17680) (24) 869954



Other expenditure

PSA Levy 73750 147500






22314 189971 229256 39285 171 26776211 26762856 641443 24 800000

Other income


Grant Income 0 0 0 0 114150 0 114150 0

13971 81271 0 81271 216065 0 216065 0 0

Revaluation


0 0 0 0 0 0





Renewal Fees 17533839 17533839


UK Scrutiny Fees 854936 51143 52016 58189 1016285

20990846 2310720 2311930 2405883 28019380


Arts Therapists 216076 22818 22587 22736 284216


Chiropodists 795017 84566 84466 84940 1048988


Dietitians 581191 59161 59503 60623 760479




Orthopodists 81425 8877 8841 8828 107970

Paramedics 1380237 139435 139899 139346 1798918




Radiographers 1934444 188754 189483 270678 2583359

Social Workers 5574675 633116 633116 633116 7474024


20990847 - 0 - 0 - 0 2310716 2311927 2405879 28019369

2310720 2311930 2405883

(4) (4) (4)







Renewal Fees 1896951 1905644 (8694) (0) 9391556 9514215 21930148 29616333 (12538592) (57) 29554238 1788462 6 27623055 29616333 27765776


UK Scrutiny Fees 147672 39438 108234 73 384363 390276 958311 1118143 (573948) (60) 1116484 148448 15 1065713 1118143 968036




Total Income 2290155 2247960 42195 2 11024107 11245792 26064765 34622834 (15040658) (43) 34730441 2119017 6 32727165 34622834 32611424

Chair 6063 7421 1358 18 30431 36684 59202 61912 28771 49 59456 33436 36 81464 61912 92892 PRE PRE





















PSA Levy 0 0 0 0 752711 902190 902190 924000 149479 17 924000 (21810) (2) 902190 924000 902190 PSA




Other expenditure






Other income



419 485600 (485181) (115922) 8012 31544 1625817 1076385 (1617805) 1096880 (1018341) 2868631 1076385 2115221

Revaluation


0 0 0 0 0 0


961734

43847586 25946869


80033391






Other Income (5549)

FTP 285508

Registration 73381



IT Department 4485







214603

(96871)




























Chief Executive 392167 769556 -111 028 -01839082787





FTP 1853964 2195879 20883737741 411871234251 142309977703

Registration 799425 326698 2723617537 254097700599 16722240694

Education 223371 38899 05022605604 615233575001 -0818005398

Finance 161246 70538 51353648425 92466904746 52262191153

Depreciation 271781 0 -09228662369 -09228662369


4705807 5661291 27363055414 387600670644 92303993492

0 -126735







Renewal Fees 1896951 9391556 9514215 23824083 29616333 (14432526) (61) 29554238 1788462 6 27623055 29616333 27765776


UK Scrutiny Fees 147672 384363 390276 993293 1118143 (608930) (61) 1116484 148448 15 1065713 1118143 968036




Total Income 2290155 11024107 11245792 28289825 34622834 (17265718) (50) 34730441 2119017 6 32727165 34622834 32611424

Chair 6063 30431 36684 66623 61912 36192 54 59456 33436 36 81464 61912 92892 PRE PRE





















PSA Levy 0 752711 902190 902190 924000 149479 17 924000 (21810) (2) 902190 924000 902190 PSA




Other expenditure






Other income


Grant Income 0 0 0 1597426 961734 (1597426) (100) 1015093 (1049330) 2766370 961734 2064423

419 8012 36134 1683961 1076385 (1675949) 1096880 (1018341) 2868631 1076385 2115221

Revaluation


0 0 0 0 0 0


3651390 256672 961734

43847586 29225372


80033391







Renewal Fees 1896951 9391556 9514215 9386618 29616333 4938 0 29554238 6394839 28 22917663 29616333 23159399


UK Scrutiny Fees 147672 384363 390276 396230 1118143 (11867) (3) 1116484 266359 31 821754 1118143 850125





Total Income 2290574 11032119 11266625 11085547 34737485 (53428) (0) 34812229 7409703 27 27040095 34737485 27402526

Chair 6063 30431 36684 30431 61912 0 0 59456 28615 32 75973 61912 88071 PRE PRE




















PSA Levy 0 752711 752711 752711 924000 0 0 924000 (171289) (23) 752711 924000 752711 PSA







0

0





COVID 19 Changes


Grant Income 0 0 0 255294 961734 (255294) 0 1015093 1015093 255294 961734 0

(43947) (212941) 0 146349 1923468 (359290) ERRORNA ERRORNA 146349 1923468 0

Revaluation


0 0 0 0 0 0



43847586 11305662


76382001



Income (53)

IT 44

Policy 46

Office Services 92



FTP 672


325

(0)

Variance Commentary




EXPENDITURE


























Management Accounts

August 2020

Index





Cash Flow 14

Graphs 15 to 16

Variance Commentary




EXPENDITURE



































FTP 9421022



Education 394607



Utilities 48140




361858

4750824

Management Accounts





Dec Depreciation



IR 35 -8492300

policy -2523479



FA Revaluation




Summary

Aug-20 Year-to-Date


Income 2290 2961 11024 11246

Operating Exp 2076 2983 10391 12546

Graphs - Income and Expenditure


2017-18

			ERRORVALUE			0

			ERRORVALUE

			ERRORVALUE

			ERRORVALUE

			ERRORVALUE

			ERRORVALUE

			ERRORVALUE

			ERRORVALUE

			ERRORVALUE


	Apr-17		May-17		Jun-17		Jul-17		Aug-17		Sep-17		Oct-17		Nov-17		Dec-17		Jan-18		Feb-18		Mar-18

Income budget		2626997		2660756		2689162		2809636		2808967		2771607		2840858		2817534		2864760		2854523		2796495		2865682

Income actual		ERRORNA		ERRORNA		ERRORNA		ERRORNA		ERRORNA		ERRORNA		ERRORNA		ERRORNA		ERRORNA		ERRORNA		ERRORNA		ERRORNA

Income forecast

	Apr-17		May-17		Jun-17		Jul-17		Aug-17		Sep-17		Oct-17		Nov-17		Dec-17		Jan-18		Feb-18		Mar-18

Expenditure budget		3622465		2716709		2794981		2489357		2577177		2928843		2716118		2539447		2711778		2530680		2533432		2728218

Expenditure actual		ERRORNA		ERRORNA		ERRORNA		ERRORNA		ERRORNA		0		ERRORNA		ERRORNA		ERRORNA		ERRORNA		ERRORNA		ERRORNA

Expenditure forecast

	Apr-16		May-16		Jun-16		Jul-16		Aug-16		Sep-16		Oct-16		Nov-16		Dec-16		Jan-17		Feb-17		Mar-17

Income budget		2376686		2504858		2492324		2582962		2589049		2560753		2589905		2586429		2793796		2665674		2644757		2703855

Income actual		2455606		2507602		2515692		2641208		2722542		2602718		2645672		2572399		2657473		278841213		2628305		2710762

Income forecast		245560562		250760236		251569166		264120769		272254218		260271844		264567246		257239875		2657473		272301311030903		26759174179119		2739873400075

	Apr-16		May-16		Jun-16		Jul-16		Aug-16		Sep-16		Oct-16		Nov-16		Dec-16		Jan-17		Feb-17		Mar-17

Expenditure budget		3380782		2416790		2707268		2413945		2362813		2838594		2512090		2399749		2446446		2318603		2275757		2520151

Expenditure actual		3560696		2096617		2212160		2267822		2619750		2357390		2373561		251883839		2365023		242760897		2251313		321812098

Expenditure forecast		35606959		209661682		221216043		226782173		261975018		235739009		23735608		251883839		2365023		264378192137453		269790483478987		299543284382453


Statement of Financial Position		1st Quarter draft Forecast		Original Budget		Updated Budget		Actual		6+6 Forecast		Budget		Draft Budget		Draft Budget

Balance Sheet		20-21		20-21		20-21		31 March 2019		31 March 2020		31 March 2020		21-22		21-23

Total Fixed Assets		10336824		10208639		10336824		7898072		10336824		9513080		11439274		13007697

Current Assets

Other Current assets		2107310		2368084		2107310		2970827		2107310		1816503		2107310		2107310

Cash amp cash equivalents		6943454		5814380		6943454		18662518		6943454		11913206		8815268		6613648

	9050764		8182464		9050764		21633345		9050764		13729709		10922578		8720958

Total Assets		19387588		18391103		19387588		29531417		19387588		23242790		22361851		21728654

Current Liabilities

Trade and other payables		613719		716184		613719		1578506		613719		216764		613719		613719

Other Liabilities		1303251		1560013		1303251		1612006		1303251		1612918		1303251		1303251

Deferred Income		15331975		15226491		15331975		22107880		15331975		19132839		19191666		17371225

Total current liabilities		17248945		17502688		17248945		25298391		17248945		20962522		21108636		19288196

Liabilities greather than one year		163052		163052		163052		163052		163052		163052		163052		163052

Total Assets less liabilities		1975592		725364		1975593		4069974		1975592		2117216		1090164		2277407

General Fund bfwd		(4060631)		(3294016)		(4060631)		(3539747)		(4060631)		(3583761)		(1544855)		(659427)

Rev Reserve - Land amp Building		(430737)		(298287)		(430737)		(298287)		(430737)		(22330)		(430737)		(430737)

This Periods (surplus)deficit		2515776		2866939		2515776		(231940)		2515776		1488875		885428		(1187243)

General Fund cfwd		(1975592)		(725364)		(1975592)		(4069974)		(1975592)		(2117216)		(1090164)		(2277407)

CAPITAL EXPENDITURE

Capital Items			Year to Date					Full Year

		Actual		M3 Reforecast 202021		Variance			M3 Forecast 202021		M3 Budget 202021

		pound		pound		pound			pound		pound


Information Technology

	Software Licences		0		10000		10000			25000		25000

	Computer equipment		0		10190		10190			313520		313520


		0		20190		20190			338520		338520




Office Equipment			58296		0		(58296)			90000		90000



Projects

P85		Reg Transformation and Improvement		580108		997500		417392			1246069		1607544

P98		Net-Regulate Changes		(9907)		0		9907			0

P101		Education Changes 1819		(788)		(788)		0			(788)

New Projects

	Education Dynamic 365		0		0		0			140000

	FTP CMS Replacement		0		0		0			222263

	Reg Phase 3		0		0		0			0

	Work Mobilisation		0		0		0			0


Total Projects			569413		996712		427299			1607544		1607544


Total Non-Projects			58296		20190		(38106)			428520		428520


Total Capital Expenditure			627709		1016902		389193			2036064		2036064

									For Council

Statement of Financial Position		Actual		YTD Forecast		Actual		3+6 Forecast		Original Budget					Statement of Financial Position	Actual	YTD Budget

Balance Sheet		Aug-20		Aug-20		31 March 2020		31 March 2021		31 March 2021					Balance Sheet	Aug-20	Aug-20


Total Fixed Assets		9183502		8794030		7898072		10336824		9513080					Total Fixed Assets	9183502	8794030


Current Assets										Current Assets

Other Current assets		1222700		1339545		2970827		2107310		1816503					Other Current assets	1222700	1339545

Cash amp cash equivalents		13344640		11398577		18662518		6943454		11913206					Cash amp cash equivalents	13344640	11398577

	14567340		12738122		21633345		9050764		13729709						14567340	12738122

									Total Assets		23750842		21532152

Total Assets		23750842		21532152		29531417		19387588		23242790

									Current Liabilities

Current Liabilities										Current Liabilities		2137505		1916970

Trade and other payables		586455		613719		1578506		613719		216764					Deferred Income	16633573	15289822

Other Liabilities		1551050		1303251		1612006		1303251		1612918					Total current liabilities	18771078	17206792

Deferred Income		16633573		15289822		22107880		15331975		19132839

Total current liabilities		18771078		17206792		25298391		17248945		20962522					Liabilities greather than one year	163052	163052


Liabilities greather than one year		163052		163052		163052		163052		163052					Total Assets less liabilities	4816712	4162307


Total Assets less liabilities		4816712		4162307		4069974		1975592		2117216					Reserves	(4491368)	(4491368)

									This Periods (surplus)deficit		(325344)		329060

General Fund bfwd		(4060631)		(4060631)		(3539747)		(4060631)		(3583761)					General Fund cfwd	(4816712)	(4162307)

Rev Reserve - Land amp Building		(430737)		(430737)		(298287)		(430737)		(22330)

This Periods (surplus)deficit		(325344)		329060		(231940)		2515776		1488875

General Fund cfwd		(4816712)		(4162307)		(4069974)		(1975592)		(2117216)

TABLE 4


Non Pay Costs	Oct-19	Actual	Budget	Variance	Full Year Budget

YTD up to end of Oct 19	pound	pound	pound	pound	pound

Expenditure

Chair	6063	30431	36684	6253	88071

Chief Executive	0	2304	19300	16996	45960

Council amp Committee	19174	96305	116987	20682	303079

Communications	67290	108622	111112	2490	242354

Office Services	209626	752083	1072092	320010	2534210

Finance	13570	70538	77725	7187	200186

Human Resources	12231	101292	206923	105632	481196

Human Resources Partners	495	4752	80904	76152	197676

IT Department	134836	714698	794412	79714	1962055

Major Projects without SW Transfer Costs	11845	4791	0	(4791)	0

Social Workers and Physician Assistants Transfer Costs	ERRORREF	ERRORREF	ERRORREF	ERRORREF	ERRORREF

Project managers	0	72	1290	1218	2963

Professional Liaison Team - New	166	3957	38080	34123	127392

Quality Assurance	0	180	300	120	720

Secretariat	7536	17600	25868	8268	57303

PSA Levy	0	752711	752711	0	752711

Apprentice Levy	2634	14541	16410	1869	43200


Total Costs Support Departments (A)	ERRORREF	ERRORREF	ERRORREF	ERRORREF	ERRORREF

Education	2435	38899	101099	62199	199826

Fitness to Practice	454639	2195879	3733670	1537791	8918268

Policy	-1488	757	4889	4131	9355

Data and Intelligence Team - New	0	0	0	0	270

Registration	65721	326698	437990	111292	878513

Total Costs core regulatory Departments (B)	521308	2562233	4277647	1715414	10006232


Total Non Pay Costs (C=A+B)	ERRORREF	ERRORREF	ERRORREF	ERRORREF	ERRORREF

TABLE 3


Payroll Costs	Feb-20	Actual	Budget	Variance	Full Year Budget

YTD up to end of August 20	pound	pound	pound	pound	pound

Expenditure

Chief Executive	76452	392167	441690	49523	1060056

Communications	24179	160774	173128	12355	445232

Office Services	26856	127905	146635	18730	349225

Finance	23526	161246	150313	(10933)	340620

Human Resources	76913	251858	453564	201706	1088555

Human Resources Partners	0	0	0	0	0

IT Department	67933	326483	335403	8920	804967

Major Projects without SW Transfer Costs	-10713	22692	0	(22692)	150000

Social Workers and Physician Assistants Transfer Costs	ERRORREF	ERRORREF	ERRORREF	ERRORREF	ERRORREF

Project managers	11143	77856	178597	100742	278633

Professional Liaison Team - New	7151	35757	53964	18207	135885

Quality Assurance	22356	95851	115023	19172	299978

Secretariat	14954	74770	92213	17443	221312


Pay Costs Support Departments (A)	ERRORREF	ERRORREF	ERRORREF	ERRORREF	ERRORREF

Education	42388	223371	191585	(31786)	459804

Fitness to Practice	402969	1853964	1738451	(115512)	4136492

Policy	19464	101690	127444	25754	312807

Data and Intelligence Team - New	0	0	0	0	74078

Registration	172047	799425	836512	37087	1943996

Pay Costs core regulatory Departments (B)	636867	2978450	2893993	-84458	6927176


Total Pay Costs (C=A+B)	ERRORREF	ERRORREF	ERRORREF	ERRORREF	ERRORREF

TABLE 2b

Income By Profession	Year to date			Income By Profession	Year to date

Budgeted Income under pound15m	Actuals	6+6 Forecast	Full Year 6+6 Forecast		Budgeted Income over pound15m	Actual	Full Year 6+6 Forecast	Full Year 6+6 Forecast

YTD up to end of Mar 20	pound	pound	pound		YTD up to end of Mar 20	pound	pound	pound

Prosthetists amp Orthotists	41021	42483	106564		Speech amp Language Therapists	646124	631561	1565152

Orthoptists	55826	56398	135566		Bio-medical Scientists	902128	890331	2187173

Hearing Aid Dispensers	118501	126004	304635		Practitioner Psychologists	942560	944916	2358370

Arts Therapists	172472	148615	409049		Paramedics	1096851	1064800	2724415

Clinical Scientists	238361	233852	590974		Radiographers	1517601	1526485	3604599

Dietitians	397768	427103	991866		Occupational Therapists	1530813	1534135	3754763

Chiropodists	482563	506271	1179838		Physiotherapists	2262487	2329986	5599768

Operating Department Practitioners	533979	527426	1305868		Social workers	-506	0	0

Total Income	2040489	2068153	5024360		Total Income	8898058	8922215	21794243

TABLE 2

Income By Activity		Period 12		Year to date

	Actuals		Actual		Full Year 6+6 forecast		Variance		Variance		Full Year Budget

	pound		pound		pound		pound				pound

Graduate Registration Fees		132584		573740		617205		(43465)		-7		1854157

Readmission Fees		15120		90423		82650		7773		9		206456

Renewal Fees		1896951		9391556		9386618		4938		0		27765776

International Scrutiny Fees		81180		498465		507665		(9200)		-2		1641998

UK Scrutiny Fees		147672		384363		396230		(11867)		-3		968036

Registration Income		2273507		10938547		10990367		-51820		-05		32436424

Other Income		2065		12644		12974		(330)		-3		0

Investment Income		419		8012		9289		(1277)		-14		50000

Rental Income GCC		14583		72917		72917		0		0		175000

Total Income		2290574		11032119		11085547		-53428		-0		32661424

					For Council

Income and Expenditure Account	Actual	Year to date Forecast	Variance	Full Year Original Budget		Full Year 3+9 forecast					Income and Expenditure Account		Actual		Year to date Forecast	Variance	Full Year 3+9 forecast

YTD up to end of August 20	pound	pound	pound	pound		pound					YTD up to end of August 20		pound		pound	pound	pound

Income (A)						Income (A)

Registration Income	10951190	11003341	(52151)	27177526		26848602					Registration Income		10951190		11003341	(52151)	26848602

Rental Income	72917	72917	(0)	175000		175000					Other Income		80929		82206	(1277)	191493

Investment Income	8012	9289	(1277)	50000		16493					Income (A)		11032119		11085547	(53428)	27040095

Income (A)	11032119	11085547	(53428)	27402526		27040095


Expenditure						Pay Costs		4705807		4838195		132388		12064669

Pay Costs	4705807	4838195	132388	12101636		12064669					Non-Pay Costs		5237108		6169587	932479	16467734

Non Pay Costs	5237108	6169587	932479	17045309		16467734					Depreciation		271781		269296	(2485)	742376

Depreciation	271781	269296	(2485)	695080		742376

					Total Operating Exp (B)		10214696		11277078		1062382		29274779

Total Expenditure (B)	10214696	11277078	1062382	29842024		29274779					Turnaround Costs		279138		283878	4740	427440


Operating Surplus(Deficit) C= (A-B)	817423	(191531)	1008954	(2439498)		(2234684)					Total Expenditurecopy		10493834		11560956	1067122	29702219

					COVID-19 (D)		(212941)		146349		(359290)		146349

Missed Opportunity Costs - SWE	0	0	0	0		0

Impairment of Intangible Assets	0	0	0	0

Turnaround Costs	279138	283878	4740	427440		427440					Total Surplus(Deficit) E= (A-C+D)		325344		(329060)	(654404)	(2515776)

Total Other Exceptional Expenditure (D)	279138	283878	4740	427440		427440


COVID 19

Grant Income	0	255294	(255294)	0		255294

Grant Costs	(212941)	(108945)	(103996)	0		(108945)


Total COVID 19 (E)	(212941)	146349	(359290)	0		146349


Total Surplus(Deficit) F= (C+E-D)	325344	(329060)	654404	(2866940)		(2515776)

Graphs

	Apr-14		May-14		Jun-14		Jul-14		Aug-14		Sep-14		Oct-14		Nov-14		Dec-14		Jan-15		Feb-15		Mar-15

Income budget		2144081		2150665		2170152		2231738		2233891		2222620		2183172		2150665		2114911		2149773		2161942		- 12753235

Income actual		2110485		2084846		2181528		2199242		2253676		2158603		2259237		2219145		2159272		2218614		2195564		- 13101665

	Apr-14		May-14		Jun-14		Jul-14		Aug-14		Sep-14		Oct-14		Nov-14		Dec-14		Jan-15		Feb-15		Mar-15

Expenditure budget		2223735		2645887		2224020		2047589		1995206		2347062		2060423		2117563		2030834		1958997		1955732		-11060572

Expenditure actual		1210107		2862661		2262384		1835378		1857199		2218262		2110169		2217679		1962350		2124803		2232272		-12502141


	AYTD

Arts Therapist	AS	40215

Bio-medical scientists	BS	182907

Chiropodists	CH	90656

Clinical Scientist	CS	47674

Dietitians	DT	96037

Hearing Aid Dispensers	HAD	23926

Occuptational Therapists	AT	319962

Operating Department Practitioners	ODP	108729

Orthopodists	OR	11106

Paramedics	PA	215162

Physiotherapists	PH	476936

Practioner Psychologists	PSY	196116

Prothetists amp Orthotists	PO	7997

Radiographers	RA	316304

Social Workers	SW	(101)

Speech Language	SL	139883

Income by Activity	Actual

Graduate Registration fees	573740

Readmission fees	90423

Renewal fees	9391556

International scrutiny fees	498465

Grandparenting fees	ERRORNA

UK scrutiny fees	384363

YTD Actual vs Budget vs Forecast

Department		Dep		Actual		Budget		Forecast

Chair		CHA		30431		36684		ERRORREF

Chief Executive		CEX		394470		311511		ERRORREF

Council amp Committee		COU		96305		116987		ERRORREF

Communications		COM		269395		284241		ERRORREF

Education		EDU		262271		292684		ERRORREF

Office Services		FAC		879988		1218727		ERRORREF

Finance		FIN		231784		228037		ERRORREF

Fitness to Practise		FTP		4049842		5472121		ERRORREF

Human Resources		HUM		353150		660488		ERRORREF

Human Resources Partners		PAR		4752		80904		ERRORREF

IT Department		ITD		1041181		1129815		ERRORREF

Major Projects without SW Transfer Costs		PRO		240424		(1384878)		ERRORREF

Project managers		OPS		77928		179887		ERRORREF

Policy		POL		105647		165524		ERRORREF

Registration		REG		1126123		115323		ERRORREF

Secretariat		SEC		92370		1307210		ERRORREF


	Dep		Actual		Budget		Forecast

	CHA		ERRORREF		ERRORREF		100

	CEX		ERRORREF		ERRORREF		100

	COU		ERRORREF		ERRORREF		100

	COM		ERRORREF		ERRORREF		100

	EDU		ERRORREF		ERRORREF		100

	FAC		ERRORREF		ERRORREF		100

	FIN		ERRORREF		ERRORREF		100

	FTP		ERRORREF		ERRORREF		100

	HUM		ERRORREF		ERRORREF		100

	PAR		ERRORREF		ERRORREF		100

	ITD		ERRORREF		ERRORREF		100

	PRO		ERRORREF		ERRORREF		100

	OPS		ERRORREF		ERRORREF		100

	POL		ERRORREF		ERRORREF		100

	REG		ERRORREF		ERRORREF		100

	SEC		ERRORREF		ERRORREF		100

Graphs - Capital expenditure

Periodic

	Apr-19		May-19		Jun-19		Jul-19		Aug-19		Sep-19		Oct-19		Nov-19		Dec-19		Jan-20		Feb-20		Mar-20

CAPEX Expenditure budget		243196		236498		215077		168417		230917		236667		240318		238402		206402		220602		233402		233402

CAPEX Expenditure Forecast		-2265		-8827		61901		55836		56538		153825		44657		23387		327167		461701		383599		379079

CAPEX Expenditure actual		-2265		-8827		61901		55836		56538		153825		40209		236880		11868		292096		ERRORVALUE

Accumulative

	Apr-19		May-19		Jun-19		Jul-19		Aug-19		Sep-19		Oct-19		Nov-19		Dec-19		Jan-20		Feb-20		Mar-20

Accumulative CAPEX Expenditure budget		243196		479694		694770		863187		1094104		1330770		1571089		1809490		2015892		2236494		2469895		2703297

Accumulative CAPEX Expenditure forecast		-2265		-11092		50809		106645		163183		317008		361665		385052		712219		1173920		1557519		1936598

Accumulative Capex Expenditure actual		-2265		-11092		50809		106645		163183		317008		357217		594097		605965		898061		ERRORVALUE		ERRORVALUE

Graphs - Cumulative income and expenditure


2019-20


		ERRORVALUE			0

		ERRORVALUE

		ERRORVALUE

		ERRORVALUE

		ERRORVALUE

		ERRORVALUE

		ERRORVALUE

		ERRORVALUE

		ERRORVALUE

2018-19


2019-20

	Apr-19		May-19		Jun-19		Jul-19		Aug-19		Sep-19		Oct-19		Nov-19		Dec-19		Jan-20		Feb-20		Mar-20

Income budget		2791273		2842379		2847566		2954775		2961061		2915210		3086764		3013123		2240010		2257365		2207428		2319471

Income budget cumulative		2791273		5633652		8481218		11435993		14397054		17312264		20399028		23412151		25652161		27909526		30116954		32436425

Income actual		2940461		2936814		2848871		3072506		3097612		2994467		3011182		2972583		2290155		2923721		2859326		2275572

Income actual cumulative		2940461		5877275		8726146		11798652		14896264		17890731		20901913		23874496		26164651		29088372		31947698		34223270

Income forecast		2940461		2936814		2848871		3072506		3097612		2994467		3011182		2972583		2290155		2225060		2189380		2247960

Income forecast cumulative		2940461		5877275		8726146		11798652		14896264		17890731		20901913		23874496		26164651		28389711		30579091		32827052


Expenditure budget		4016177		3052980		3006998		3052413		2982919		3079527		3030431		2982516		2897074		2856450		2674788		2583247

Expenditure budget cumulative Lulu Chama Lulu ChamaBudget now includes major projects also pound450 capex moved to opex		4016177		7069157		10076155		13128568		16111487		19191014		22221445		25203961		28101035		30957485		33632273		36215520

Expenditure actual		3606116		2860371		2889950		2950993		2822634		2776653		3287207		2873911		2075971		0		0		0

Expenditure actual cumulative		3606116		6466487		9356437		12307430		15130064		17906717		21193924		24067835		26143806		26143806		26143806		26143806

Expenditure forecast		3606116		2860371		2889950		2950993		2822634		2776653		3287207		2873911		2075971		0		0		0

Expenditure forecast cumulative		3606116		6466487		9356437		12307430		15130064		17906717		21193924		24067835		26143806		26143806		26143806		26143806


2018-19

	Apr-18		May-18		Jun-18		Jul-18		Aug-18		Sep-18		Oct-18		Nov-18		Dec-18		Jan-19		Feb-19		Mar-19

Income budget		2757888		2818352		2804379		2938930		2939058		2863838		2926138		2900531		2977900		2919478		2869241		2924640

Income budget cumulative		2757888		5576239		8380619		11319548		14258607		17122445		20048583		22949113		25927014		28846491		31715733		34640373

Income actual		2778371		2837224		2817684		2863046		3039567		2905886		2953470		2786701		2751524		2923721		2859326		2907312

Income actual cumulative		2778371		5615595		8433279		11296325		14335892		17241778		20195248		22981949		25733473		28657194		31516520		34423832

Income forecast		2778371		2837224		2817684		2863046		3039567		2905886		2953470		2786701		2751524		2985909		2854658		2910057

Income forecast cumulative		2778371		5615595		8433279		11296325		14335892		17241778		20195248		22981949		25733473		28719382		31574040		34484097


Expenditure budget		3822020		2856650		2758438		2768015		2557938		2861582		2822696		2752403		2591689		2653407		2581405		2713847

Expenditure budget cumulative Lulu Chama Lulu ChamaBudget now includes major projects also pound450 capex moved to opex		3822020		6678669		9437107		12205122		14763060		17624642		20447338		23199741		25791431		28444838		31026243		33740090

Expenditure actual		3333529		2871658		2968217		2858918		2591762		2505415		2940591		3021033		2685491		2796092		2642256		3435151

Expenditure actual cumulative		3333529		6205187		9173404		12032322		14624084		17129499		20070090		23091123		25776614		28572706		31214962		34650113

Expenditure forecast		3333529		2871658		2968217		2858918		2591762		2505415		2940591		3021033		2685491		2963892		3103425		3321925

Expenditure forecast cumulative		3333529		6205187		9173404		12032322		14624084		17129499		20070090		23091123		25776614		28740506		31843931		35165856

Graphs - Cashflow


2017-18

	ERRORVALUE	0

	ERRORVALUE

	ERRORVALUE

	ERRORVALUE

	ERRORVALUE

	ERRORVALUE

	ERRORVALUE

	ERRORVALUE

	ERRORVALUE

Budgeted cash flow - workings																Total

	April		May		Jun		Jul		Aug		Sep		Oct		Nov		Dec		Jan		Feb		Mar

Opening Balance		18662518		16250563		14143510		14115544		12912536		14528324		15274759		13774931		11854632		10908751		9732058		12555205

Op balance correction

Receipts		851261		1088268		2748081		1782924		4735727		3592563		1534986		1205524		1625086		1580624		5172464		3495647

Grant Income		- 0		- 0		351870		141000		- 0		375608		141000		- 0		443437		141000		470508		- 0

Investment Income		4780		4780		4780		4780		4780		3843		3843		3843		3843		3843		3843		3843

Rental income		14583		14583		14583		14583		14583		14583		14583		14583		14583		14583		14583		14583

Total Cash Receipts		870624		1107631		3119315		1943287		4755091		3986596		1694412		1223950		2086949		1740050		5661398		3514073


Expenditure - From 1920 Budget																	0

Departmentals		4016177		3052980		3006998		3052413		2982919		3079527		3030431		2982516		2897074		2856450		2674788		2583247

Project Costs (OPEX)														148690919

Project Costs (CAPEX)		22719600		22049767		19907667		15241667		21491667		22066667		22431833		22240167		19040167		20460167		21740167		21740167

Capex expenditure on computer equipment		1600000		1600000		1600000		1600000		1600000		1600000		1600000		1600000		1600000		1600000		1600000		1600000

PSA Levy		- 902000										- 89810			920040

Apprenticeship levy

Less dilapidation		- 434		- 434		- 434		- 434		- 434		- 434		- 434		- 434		- 434		- 434		- 434		- 434

Less depreciation		- 74360		- 74360		- 74360		- 74101		- 74101		- 75598		- 76075		- 76235		- 70213		- 70065		- 69506		- 77870

Total payments		3282579		3214684		3147281		3146296		3139302		3240162		3194240		3144250		3032830		2916743		2838251		3658384


Closing Balance		16250563		14143510		14115544		12912536		14528324		15274759		13774931		11854632		10908751		9732058		12555205		12410893

	- 2411955		- 2107053		- 27966		- 1203009		1615789		746435		- 1499828		- 1920299		- 945881		- 1176693		2823147		- 144312




	4119		5119		6119		7119		8119		9119		10119		11119		12119		1120		2120		3120

Budget receipts		870624		1107631		3119315		1943287		4755091		3986596		1694412		1223950		2160911		1740050		5661398		3514073

Actual receipts		979925		1308953		2683789		1985762		4621872		6447200		1534382		1293492		2720208		1622310		71822

Forecast receipts		979925		1308953		2683789		1985762		4621872		6447200		1435383		- 314411		2831535		1470614		4646755		3247116

Budget payments		3282579		3214684		3147281		3146296		3139302		3240162		3194240		3144250		2378655		2916743		2838251		3658384

Actual payments		3078330		2626937		3169435		3019804		2683768		2972626		3484565		2063578		5845471		934382		ERRORVALUE

Forecast payments		3078330		2626937		3169435		3019804		2683768		2972626		3096496		2772939		2885680		3189983		2685452		3094582

Budget cash balance		16250563		14143510		14115544		12912536		14528324		15274759		13774931		11854632		14216801		9732058		12555205		12410893

Actual cash balance		16666496		15452115		15054698		14342090		16487278		19990343		18086337		17290600		14604575		15310405		13344640

Forecast cash balance		16666496		15452115		15054698		14342090		16487278		19990343		18086337		16659451		16334187		14485086		17556065		16994345

				- 712608		2145188		3503064		- 1904006		- 1426886		- 325264		- 1849101		3070979		- 561720

Forecast capex

						Andy Gillies Andy Gilliesactual ytd		Forecast investment income


reserves policy lower range target		- 6227914







fcast ytd cash receipts			21980009

fcast income			11160375

therefore fcast change in def inc			10819634





fcast 2016-17 cash receipts (FOR M6 REFORECAST)			31344495

fcast income			3252284528

therefore fcast change in def inc			- 1178351





Actual cash receipts and cash payments workings

	apr		may		jun		jul		aug		sep		oct		nov		dec		jan		feb		Mar

Opening deferred income		22107880		20147344		18534066		18368984		17296823		18835666		22199837		20737621		19073136		19471732		18837323		16633573

Closing deferred income		20147344		18534066		18368984		17296823		18835666		22199837		20737621		19073136		19471732		18837323		16633573

Fee income for month		2940461		2922231		2848871		3057923		3083029		3083029		2996598		2957977		2321612		2256719		2275572

Therefore receipts from registrants		979925		1308953		2683789		1985762		4621872		6447200		1534382		1293492		2720208		1622310		71822		(16633573)

Other receipts		24032		24720		23823		23186		23490		23330		22447		26042		26845		20064		15002

Total receipts		1003957		1333673		2707612		2008948		4645362		6470530		1556829		1319534		2747053		1642374		86824		(16633573)


	apr		may		jun		jul		aug		sep		oct		nov		dec		jan		Feb		Mar

Opening other working capital		(219685)		(745206)		(969003)		(751419)		(738384)		(1105800)		(1063652)		(795245)		(1761777)		1558461		(238176)		(914805)

Closing other working capital		(745206)		(969003)		(751419)		(738384)		(1105800)		(1063652)		(795245)		(1761777)		1558461		(238176)		(914805)

Expenditure for month including below the line items		3606116		2859561		2889950		2950933		2994646		2776653		3175949		2793230		2513365		2438923		2037688

Capex for the month		(2265)		(8827)		61901		55836		56538		153825		40209		236880		11868		292096		ERRORVALUE

Therefore total payments		3078330		2626937		3169435		3019804		2683768		2972626		3484565		2063578		5845471		934382		ERRORVALUE		914805


Capex for the month


cumulative budget change in wkg cap

Cumulative budgeted payments

cumulative budgeted opex

cum budgeted capex



Calculation of budgeted change in deferred income


Cumulative budgeted income		15498674

Cumulative budgeted receipts		18700906

Therefore cumulative budgeted change in deferred income		3202232



Calculation of full year budgeted change in deferred income


Full year budgeted income		27195417

Full year budgeted receipts		29413155

Therefore full year budgeted change in deferred income		2217738




	16588145		15294882		14833058		13822202		15783796		19281700		17353964		16609920		13511502		14219494		ERRORVALUE		ERRORVALUE

Depreciation					206956		306604		461121		461121		539729		628054		6909526		76703362		27178107

Cash at end of period					14029158		1609040029		1974282129		1781508529		1714964929		1413955629		1491044689		ERRORVALUE		ERRORVALUE

Cash flow statement

From 1 April 2019		Year to date		Year to date		Year to date		Year to date		Full year		Full year		Full year

	actual		M6 forecast		Budget		M9 forecast		budget		M6 forecast		M9 Forecast

	pound		pound		pound		pound		pound		pound		pound


Operating surplus(deficit)		596470		(309765)		(1300684)		(849627)		(3604096)		(3461453)		(849627)

Add Corporation tax		0

Less Depreciation		271781		269296		0		840225		886844		963107		840225

Less Accounting Changes			0						1211041

Less FTP Savings			0						250000

Add Turnaround Costs		(279138)		(283878)						(1345888)

Grant received from Department of Education		0		255294		0		961734		2064423		2766370		961734

Decrease(increase) in debtors amp prepayments		1748127		1635659		320812		2492371		61629		918112		228991

Increase(decrease) in creditors		(1053008)		(1273543)		428987		(1537269)		(17527)		(1273543)		(1383210)

(Decrease)increase in deferred income		(5474307)		(6818058)		(6648854)		5088903		(3023269)		(6775905)		899306


Net cash in(out)flow from operating activities		(4190074)		(6524995)		(7199739)		6996338		(3631996)		(6748160)		697420


Return on investments and servicing of finance


Investment Income		8012		9289		36134		114651		50798		102261		114651


Capital expenditure and financial investments

Purchase of fixed assets		ERRORVALUE		(190820)		(1571089)		(965521)		(2703297)		(1937005)		(1506443)


Financing

Income from DOH							0		0		0


Increase(decrease) in cash		ERRORVALUE		(6706526)		(8734692)		6145470		(6284495)		(8582905)		(694369)


Cash at beginning of period		18662518		18662518		18197701		18662518		18197701		18662518		11908026


Cash at end of period		13344640		11398577		9485903		18197701		11913206		6943454		18197701

Cash movement		(5317878)		(7263940)		(8711798)		(464817)		(6284495)		(11719064)		6289675


Check		ERRORVALUE		557414		(22894)		6610287		(0)		3136159		(6984044)



												0

Capital expenditure


		Actual		M9 Reforecast 201819		M3 Reforecast 202021		Budget 201920		Variance		M3 Forecast 202021		M9 Forecast 201819		Budget 201920		M6 Reforecast		M6 Reforecast

		YTD pound		YTD pound		YTD pound		YTD pound		pound		Full Year pound		Full Year pound		Full Year pound		pound		Full Year pound			October		November		December		January		February		March


Land amp Buildings			0		0		0		0		0		0		540922		0					21089138		29560088		81941958		112620308		119267608		133787608


		0		0		0		0		0		0		540922		0

Information Technology

	Laptops and PCs

	Server replacement

	Software Licences		5264		17850		9760		0		4496		9760		17850		0					3011500		3011500		3011500		3011500		3011500		3011500

	Software Licences newreplacement services				0			0

	Office Furniture					0		0					0

	Computer equipment		ERRORVALUE		106002 Margaret Osibowale Margaret OsibowaleIncrease by pound19167 eqch month		136060 Tian Tian Tian Tianincrease by pound8936 each month		85750		ERRORVALUE		160000		106002		147000					2911847		2992847		2992847		3492847		3492847		3992847

	Software						0

	Hard Drive Storage						0


		ERRORVALUE		123852		145820		85750		ERRORVALUE		169760		123852		147000		0		0


Office Equipment			0		5998		45000		26250		45000		45000		5998		45000


Projects

	Capital Expenditure (excl 186 KPR)		32285		835671		0		1459089		(32285 )		1722244		835671		2511297



Total Capital Expenditure			ERRORVALUE		965521		190820		1571089		ERRORVALUE		1937005		1506443		2703297		0		0



	Office and computer equipment disposals		ERRORVALUE Margaret Osibowale Margaret Osibowalepound49226 is the disposals in office equipment and computer equip		Margaret Osibowale Margaret OsibowaleIncrease by pound19167 eqch month		Tian Tian Tian Tianincrease by pound8936 each month		44931		(1082166)

Projects


	Opex						Capex						Opex amp Capex						Opex		Capex			Opex		Capex

	Actual		Budget 202021		Budget 201920		Variance			Actual		Budget 202021		Budget 201920		Variance			Actual		Budget 202021		Budget 201920		Variance			Budget 201920		Budget 201920			Budget 202021		Budget 202021

	YTD pound		YTD pound		YTD pound		pound			YTD pound		YTD pound		YTD pound		pound			YTD pound		YTD pound		YTD pound		pound			Full Year pound		Full Year pound			Full Year pound		Full Year pound

HR and Partners Build	P78		0		0		0		0			0		0		0		0			0			0		0			0		0			0		0

Reg Transformation and Improvement	P85		6771		0		103674		(6771)			32285 Margaret Osibowale Margaret OsibowaleInvestigate 825			946900		(32285)			39057		0		1050574		(39057)			502673		1570600			326979

HCPC website review and build	P90		0			0		0			0			0		0			0		0		0		0			0		0			0

186 Kennington Park Road renovation	P89		0			0		0			0			0		0			0		0		0		0			0		0			0

FTP CMS Review	P94		0		0		0		0					88812		0			0		0		88812		0			45000		88812			0

FTP Improvement project	P95		0			0		0					0		0			0		0		0		0			0		0			0

CPD Online Migraton	P96		0		0		0		0					0		0			0		0		0		0			0		0			0

Education Changes 1718	P97		0		0		0		0					0		0			0		0		0		0			0		0			0

Netreg refresh	P98		(6106)		0		13133		6106			Margaret Osibowale Margaret OsibowaleNeed to check with DD		Margaret Osibowale Margaret OsibowaleInvestigate 825			32181		0			(6106)		0		45314		6106			36236		32181			38736

Fee review	P99		0		0		0		0					5750		0			0		0		5750		0			2500		5750			0

Sage amp WAP replacement	P100		0		0		0		0					69000		0			0		0		69000		0			0		138000			0

Education Changes 1819	P101		0		0		3698		0					54146		0			0		0		57844		0			1760		54146			4910

Registration Analysis	P103		0		0		0		0					0		0			0		0		0		0			0		0			0

HR system upgrade	P102		0		0		0		0					53898		0			0		0		53898		0			0		53898			800

Regulation of Physician Associates	P2005		0		0		0		0			0			0		0			0		0		0		0			470000		0			0

COVID-19	P201		212941		0			(212941)			0				0			212941		0		0		(212941)						0

Partner Portal Upgrade	P2003		0		0		8670		0					11500		0			0		0		20170		0			37900		11500			34270

Education System Enhancements FY20	P2001		0		0		0		0					9402		0			0		0		9402		0			2200		56410			440

Regulatory Changes	P2006		0		0		0		0						0			0		0			0						20000

CMS Phase 1 Replacement	P2004		0		0		0		0					187500		0			0		0		187500		0			160000		500000			144096

EDI Enhancements to NetReg	P2002		0		0		0		0					0		0			0		0		0		0			4800		0			0

	213607		0		129175		(213607)			32285		0		1459089		(32285)			245892		0		1588264		(245892)			1263069		2511297			570231		0

Research Revalidation		0				ERRORREF			0			ERRORREF		0			0			ERRORREF		ERRORREF

Regulation of Social workers	P92		0		0		699574		(0)			0		0		0		0			0		0		699574		699574			1594423		0			2766370

Project Budget - Unallocated	PXX		0																ERRORREF		ERRORREF			ERRORREF		ERRORREF

Balance on Closed Projects					ERRORREF						ERRORREF

	213607		0		828749		(213607)			32285		0		1459089		(32285)			245892		0		2287838		453682			2857492		2511297			3336601		0


COVID 19 Project Statement		Actual YTD pound						Capital Commentary

Total Costs Charged		212941						pound502k under the 6+6 forecast mainly due to the variance on the Registration transformation project and the CMS project Phase 1



Net Position - To be accrued		(212941)






	FALSE			FALSE				TRUE			1459089

Statement of Financial Position																			0

Monday August 31 2020																			569413		(569413)

	Forecast 31 March 2015			Budget 31 March 2015			Actual Period 5			Month 3 Forecast YTD		Month 9 Forecast YTD		Budget YTD			Budget 31 March 2021			Month 9 Forecast Full Year		Month 3 Forecast Full Year		Actual 31 March 2020			Budget 31 March 2020

Non-current assets																				Actual		M6 YTD		Budget YTD		Budget full year					2425002

Land amp buildings at cost or valuation						5820000			5820000		5515921		5745000			5515921			5515921		5820000		5745000			5820000			0		0		ERRORREF		(304079)

Land amp buildings depreciation				ERRORVALUE			(24250)			(24250)		(49752)		(71813)			(110322)			(49752)		(58200)		(0)			(0)			(24250)		(24250)		ERRORREF		(110322)

			ERRORVALUE			5795750			5795750		5466170		5673187			5405599			5466170		5761800		5745000			5820000

			ERRORVALUE																	0				0

Computer equipment at cost				ERRORVALUE			655653			675843		563027		726852			710027			563027		994173		541472			655653			0		20190		ERRORREF		54374

Computer equipment depreciation				ERRORVALUE			(533688)			(533688)		(435491)		(516231)			(484954)			(435491)		(575112)		(437379)			(501334)			(32355)		(32355)		ERRORREF		16379

			ERRORVALUE			121965			142155		127536		210621			225073			127536		419061		104093			154320

			ERRORVALUE																	0				0

Office furniture and equipment at cost				ERRORVALUE			1298997			1240701		1182330		1245296			1227330			1182330		1330701		1200296			1240701			58296		0		ERRORREF		(13371)

Office equipment depreciation				ERRORVALUE			(995245)			(992873)		(744287)		(961599)			(910175)			(744287)		(1097529)		(746541)			(917167)			(78078)		(75706)		ERRORREF		6992

					303752			247828		438043		283698			317155			438043		233172		453756			323534

																			0				0

Intangible assets						9918493			9564641		8145422		9837208			10656719			8145422		11172186		8110058			9349080			569413		215561		ERRORREF		1307638

Intangible depreciation						(6956457)			(6956344)		(6480542)		(7288572)			(7091465)			(6480542)		(7249394)		(6514835)			(6819359)			(137098)		(136985)		ERRORREF		(272105)

					2962035			2608297		1664880		2548637			3565254			1664880		3922792		1595223			2529721


Total non-current assets		5058501			6471000			9183502			8794030		7696628		8716143			9513080			7696628		10336824		7898072			8827574

																			0			0		0

Current assets																				0			0		0

Other current assets		326000			400000			1222700			1339545		1878132		1557319			1816503			1878132		2107310		2970827			4370503			(3147803)		(3030959)		ERRORREF		(2554000)

Cash amp cash equivalents		14086784			17314885			13344640			11398577		18197701		9485903 Tian Tian Tian Tian			11913206			18197701		6943454		18662518			11908026			1436614		(509449)		ERRORREF		5180

	14412784			17714885			14567340			12738122		20075833		11043222			13729709			20075833		9050764		21633345			16278529


Total assets		19471285			24185885			23750842			21532152		27772461		19759365			23242790			27772461		19387588		29531417			25106104

																			0			0		0

Current liabilities																				0			0		0

Trade and other payables		2624845			2336000			586455			613719		216764		716183			216764			216764		613719		1578506			887714			(301259)		(273996)		ERRORREF		(670950)

Other liabilities						1551050 Margaret Osibowale Margaret OsibowaleKN Invoice			1303251		1630445		1560013			1612918			1630445		1303251		1612006			2496764			(945714)		(1193512)		ERRORREF		(883845)

Deferred income		13922000			19344000			16633573			15289822		22156109		15507255			19132839			22156109		15331975		22107880			17067206			(433633)		(1777384)		ERRORREF		2065634

Total current liabilities		16546845			21680000			18771078			17206792		24003318		17783451			20962522			24003318		17248945		25298391			20451683

																			0			0		0

Liabilities greater than one year						163052			163052		163052		163052			163052			163052		163052		163052			163052			0			0		(0)

																			0			0		0

Total assets less liabilities		2924440			2505885			4816712			4162308		3606092		1812862			2117216			3606092		1975592		4069974			4491368

																			0			0		0

General fund bfwd		(3014923)			(3040074)			(4060631)			(4060631)		(3539747)		(3294016)			(3583761)			(3539747)		(4060631)		(3539747)			(3771687)			(288944)			477671		187926

Rev Res - Land amp Building						(430737)			(430737)		(22330)		(298287)			(22330)			(22330)		(430737)		(298287)			(430737)			0			132450		408407

This periods (surplus)deficit		90483			534189			(325344)			329060		ERRORNA		1779441			1488875			ERRORNA		2515776		(231940)			(288945)			(36399)		618005		2068385		1777820

Grant income				0			0			0		0						0		0				0			0			0		0

General fund cfwd		(2924440)			(2505885)			(4816712)			(4162308)		ERRORNA		(1812862)			(2117216)			ERRORNA		(1975592)		(4069974)			(4491368)

					4816712

Check						- 0			- 0		ERRORNA		(034)			- 0			ERRORNA		- 0		0			0

																			1126318

Income by profession

Monday August 31 2020

		Period 5			Year to date				Full year					Period 5

		Actual			Actual	Budget	3 +9 Forecast	M9 Forecast	Var	Var		3 +9 Forecast	Original Budget			M9 Reforecast				5		Variance

Arts Therapists		Arts Therapist		40215		172472	181668	148615	409049	23857	161		409049		440209		AS		284215			Arts Therapists		41394		(1179)		-285

Bio-medical Scientists		Bio-medical scientists		182907		902128	890054	890331	2187173	11797	13		2187173		2194007			1924891			Bio-medical Scientists		180881		2027		112

Chiropodists		Chiropodists		90656		482563	506602	506271	1179838	(23708)	(47)		1179838		1191061			1048988			Chiropodists		113610		(22954)		-2020

Clinical Scientists		Clinical Scientist		47674		238361	232441	233852	590974	4509	19		590974		597798			430466			Clinical Scientists		45238		2436		539

Dietitians		Dietitians		96037		397768	430405	427103	991866	(29336)	(69)		991866		999474			760479			Dietitians		89501		6536		730

Hearing Aid Dispensers		Hearing Aid Dispensers		23926		118501	124456	126004	304635	(7503)	(60)		304635		306918			189599			Hearing Aid Dispensers		31931		(8005)		-2507

Occupational Therapists		Occuptational Therapists		319962		1530813	1533455	1534135	3754763	(3322)	(02)		3754763		3773799			3098471			Occupational Therapists		319555		407		013

Operating Department Practitioners		Operating Department Practitioners		108729		533979	529271	527426	1305868	6552	12		1305868		1317997			989498			Operating Department Practitioners		107956		773		072

Orthoptists		Orthopodists		11106		55826	55367	56398	135566	(572)	(10)		135566		135788			107970			Orthoptists		12112		(1006)		-830

Paramedics		Paramedics		215162		1096851	1042386	1064800	2724415	32051	30		2724415		2749642			1798918			Paramedics		208825		6338		303

Physiotherapists		Physiotherapists		476936		2262487	2464090	2329986	5599768	(67499)	(29)		5599768		5744828			4245332			Physiotherapists		507574		(30638)		-604

Practitioner Psychologists		Practioner Psychologists		196116		942560	952050	944916	2358370	(2357)	(02)		2358370		2353850			1749512			Practitioner Psychologists		194605		1511		078

Prosthetists amp Orthotists		Prothetists amp Orthotists		7997		41021	43327	42483	106564	(1463)	(34)		106564		107486			82196			Prosthetists amp Orthotists		8758		(762)		-870

Radiographers		Radiographers		316304		1517601	1544379	1526485	3604599	(8884)	(06)		3604599		3663253			2583359			Radiographers		309822		6482		209

Social Workers		Social Workers		(101)		(506)	0	0	0	(506)	00		0				7474024			Social Workers		0		(101)		ERRORDIV0

Speech amp Language Therapists		Speech Language		139883		646124	630423	631561	1565152	14563	23		1565152		1571416			1251452			Speech amp Language Therapists		131087		8796		671

Registration Income		Registration Income		2273507		10938547	11160375	10990367	26818602	(51821)	(05)		26818602		27147526			28019368				2302847		(29340)		-127

Other Income		Chequecredit card adjustments		2065		12644	12500	12974	81289	(330)	(3)		30000		30000			12			Other Income

Total fee income		Total income		2275572		10951190	11172875	11003341	26899891	(52151)	(05)		26848602		27177526			28019380


	Check to IampE		- 0		- 0	- 0	- 0	0

		Rental Income

Non-payroll costs

Monday August 31 2020

	Period 5		Year to date										Full year			Full year

	Actual		Actual		Forecast (3+9)		Budget		M9 Forecast		Variance		Variance		Variance		Variance			Forecast (3+9)		Full Year Forecast (M9)		Original Budget

Chair		6063		30431		30431		36684		61912		0		00		6253		170			75973		61912		88071

Chief Executive		0		2304		2608		19300 Michael Tutt Michael TuttSubtract PSA Levy from IampE		(238347)		304		117		16996		881			18208		82158		45960

Council amp Committee		19174		96305		102129		116987		296851		5824		57		20682		177			281186		296851		303079

Communications		67290		108622		117131		111112		478673		8509		73		2490		22			262741		295607		242354

Data Intelligence Team		0		0		0		0			0		00		0		00			150			270

Education		2435		38899		35644		101099		444872		(3256)		(91)		62199		615			98997		300619		199826

Facilities Management		209626		752083		835217		1072092		2793046		83134		100		320010		298			2370033		2784583		2534210	Facilities Management

Finance		13570		70538		74591		77725		343069		4053		54		7187		92			210666		249152		200186

Fitness to Practise		454639		2195879		2828295		3733670		11627312		632416		224		1537791		412			8577879		10918985		8918268

Human Resources		12231		101292		164706		206923		266855		63414		385		105632		510			532792		506128		481196

Human Resources Partners		495		4752		3568		80904		351319		(1184)		(332)		76152		941			169059		198557		197676

IT Department		134836		714698		754272		794412		1493413		39574		52		79714		100			1991069		1512881		1962055

Major Projects		11845		4791		56484		0		1087433		51693		915		(4791)		00			56484		ERRORREF		0	Major Projects

Operations Office		0		72		120		1290		35323		48		400		1218		944			288		1122		2963	Operations Office

Professional Liaison Team		(1488)		757		2900		4889		37855		2143		739		4131		845			7532		152932		9355

Policy		166		3957		46590		38080			42633		915		34123		896			151322			127392

Quality Assurance		0		180		300		300		354701		120		400		120		400			720		86925		720

Registration		65721		326698		323467		437990		1419036		(3231)		(10)		111292		254			809141		1329895		878513

Secretariat		7536		17600		22015		25868		(44749)		4415		201		8268		320			59175		30903		57303

PSA Levy		0		752711		752711		752711		902190		0		00		0		00			752711		924000		752711

Apprentice Levy		2634		14541		16410		16410		39220		1869		114		1869		114			41610		39220		43200

Non-payroll costs		1006775		5237108		6169587		7628444		21749985		932479		151		2391336		388			16467734		ERRORREF		17045309


COVID 19 Non-Pay Costs		33394		182018		98214				(83804)		(853)		(182018)				98214			0

	1984393		9942915		11007782		12662967		33770921				2720052				28532404		ERRORREF		29146945

	1984393		9942914		11116727		12664557		34632236				1064867				28532404		34632236		29146945

	0		0		0		(1590)		(861315)				1655185				0		ERRORREF		0

Income by profession

Wednesday September 30 2015

	Year to date

	Actual		Budget		Variance		Variance		Budget		Variance		Variance		Full Year Budget

Arts Therapists		138861		143058		(4197)		(29)		255290		ERRORREF		ERRORREF		288163

Bio-medical scientists		920042		888271		31771		36		1812722		ERRORREF		ERRORREF		1910597

Chiropodists		531938		521105		10833		21		1004331		ERRORREF		ERRORREF		1030696

Clinical Scientists		204483		201053		3430		17		405735		ERRORREF		ERRORREF		425921

Dietitians		391265		374076		17189		46		709564		ERRORREF		ERRORREF		740756

Hearing Aid Dispensers		96210		86903		9307		107		164123		ERRORREF		ERRORREF		176180

Occupational Therapists		1454782		1405916		48866		35		2830819		ERRORREF		ERRORREF		3074882

Operating Department Practitioners		493586		463056		30530		66		949293		ERRORREF		ERRORREF		945870

Orthopodists		54325		53944		381		07		107503		ERRORREF		ERRORREF		107744

Paramedics		864634		804240		60394		75		1628288		ERRORREF		ERRORREF		1645296

Physiotherapists		2141307		2050228		91079		44		4116484		ERRORREF		ERRORREF		4063179

Practitioner Psychologists		852498		839930		12568		15		1526800		ERRORREF		ERRORREF		1702642

Prothetists amp Orthotists		40999		38174		2825		74		79029		ERRORREF		ERRORREF		81542

Radiographers		1301222		1172410		128812		110		2234880		ERRORREF		ERRORREF		2386183

Social Workers		3681191		3609600		71591		20		1196868		ERRORREF		ERRORREF		7395950

Speech amp Language Therapists		619530		579030		40500		70		6991620		ERRORREF		ERRORREF		1219814

Registration Income		13786873		13230994		555879		42		26013349		ERRORREF		ERRORREF		27195415

Chequecredit card adjustments		(4)			(4)				0

Total income		13786869		13230994		555875		42		26013349		ERRORREF		ERRORREF		27195415


Check to IampE		- 0		- 0

ltxml version=10 encoding=utf-16gt13lt--IAEngine xml stream out at 9112020 70032 PM--gt13ltMainReport Name=Main Report 1gt13 ltMainAttribute XMLVersion=1 gt13 ltMainAttribute ExcelOutput=True gt13 ltMainAttribute MultiplebookOutput=False gt13 ltMainAttribute EMailExcelOutput=False gt13 ltMainAttribute ExcelEntireWorkbook=False gt13 ltMainAttribute HTMLOutput=False gt13 ltMainAttribute EMailHTMLOutput=False gt13 ltMainAttribute HTMLEntireWorkbook=False gt13 ltMainAttribute PrinterOutput=False gt13 ltMainAttribute PrintEntireWorkbook=False gt13 ltMainAttribute WebArchive=False gt13 ltMainAttribute EMailWebArchive=False gt13 ltMainAttribute WebArchiveEntireWorkbook=True gt13 ltMainAttribute OutputAllLevel=False gt13 ltMainAttribute CreateContentsSheet=True gt13 ltMainAttribute OutputDirectory=CUsersosibowmDocumentsIALibraryReports gt13 ltMainAttribute AutoRun=False gt13 ltMainAttribute ReportNameFormat=Report for ampltamplt[Accounting Period

][Accounting Period]\|Dampgtampgt ampltamplt[Cost Centre][Cost Centre Name]\|Dampgtampgt ampltamplt[Department][Department Name]\|Dampgtampgt gt13 ltMainAttribute AlternateContentsSheet= gt13 ltMainAttribute ContentsStartCell= gt13 ltMainAttribute TitleStartCell= gt13 ltMainAttribute ContentsSheetLink= gt13 ltMainAttribute CloseExcelAfterRun=False gt13 ltMainAttribute ReportPrintRange= gt13 ltMainAttribute EMailProperties= gt13 ltMainAttribute EMailBody=Please find attached the output from Sage BI For Sage 200 gt13 ltMainAttribute EMailSubject=Sage BI For Sage 200 Report Output gt13 ltMainAttribute WBPass= gt13 ltMainAttribute OUTPass= gt13 ltMainAttribute ReportSheet= gt13 ltMainAttribute AutoConnect=True gt13 ltMainAttribute reportLayoutVisible=False gt13 ltMainAttribute fileBasedCycles=False gt13 ltMainAttribute fileBasedCyclesFileName= gt13 ltMainAttribute InAdhocMode=False gt13 ltMainAttribute createIndexFile=False gt13 ltRecipients gt13 ltCycles gt13ltM

ainReportgt

Income and Expenditure

Wednesday September 30 2015

	Period 6		Year to date						Full year

Income by Activity		Actual		Actual		Budget		Variance		Variance			Month 9 Forecast		Budget		Variance		Variance		Full Year Budget

Graduate Registration fees		133995		779725		759574		20151		27			1429058		1553290		(124232)		(80)		1534085

Readmission fees		19110		112280		106364		5916		56			172039		368540		(196501)		(533)		313947

Renewal fees		1950116		11536136		11331580		204556		18			22281152		22510780		(229628)		(10)		23360384

International scrutiny fees		113685		788165		540609		247556		458			1164720		809420		355300		439		1096140

Grandparenting fees		0		0		0		0					0		0			0

UK scrutiny fees		141687		570567		492867		77700		158			879978		771319		108659		141		890861

Registration Income		2358593		13786873		13230994		555879		42			25926947		26013349		(86402)		(03)		27195417

Chequecredit card write offs		0		(4)		0		(4)								0

Total Income		2358593		13786869		13230994		555875		42			25926947		26013349		(86402)		(03)		27195417


Chair		822		57565		44010		(13555)		(308)			86691		78960		(7731)		(98)		90707

Chief Executive		31704		197564 Michael Tutt Michael TuttLess PSA Levy shown in row37		189901		(7663)		(40)			404409		395986		(8424)		(21)		365181

Council amp Committee		17122		61493		116918		55425		474			218362		225780		7418		33		247954

Communications		97301		573189		697315		124126		178			1222190		1267699		45509		36		1283061

Education		65984		497522		557129		59607		107			909949		1100094		190145		173		1142769

Facilities Management		86813		819576		784808		(34768)		(44)			1481400		1574250		92850		59		1950115

Finance		67349		417523		445764		28241		63			777447		848340		70893		84		844385

Fitness to Practise		1158877		6360531		6600332		239801		36			12614768		12229019		(385749)		(32)		12959163

Human Resources		37753		316648		347742		31094		89			637604		679782		42178		62		733627

Human Resources Partners		3304		176142		249803		73661		295			448402		573691		125289		218		492354

IT Department		80910		964239		1103882		139643		127			1683271		1678902		(4369)		(03)		1816465

Major Projects		61424		123567		360256		236690		657			620990		1077170		456180		423		693553

Operations Office		28746		313841		360238		46397		129			643028		638053		(4975)		(08)		716378

Policy		23805		182601		215298		32697		152			381891		364813		(17078)		(47)		441309

Registration		258836		1442302		1604916		162614		101			3036228		2804594		(231634)		(83)		3024084

Secretariat		23266		119229		126072		6843		54			217601		260899		43298		166		246350

Depreciation		60257		359591		408918		49327		121			767187		749507		(17680)		(24)		869954

Operating expenditure		2104272		12983124		14213302		1230178		87			25384231		25798031		413801		16		27917409


Operating surplus(deficit)		254321		803745		(982308)		1786054		1818			542716		215318		327399		1521		(721992)


Other expenditure

PSA Levy		73750		147500 gilliea gillieahard coded		165000		17500		106							660000

Impairment of Intangiable Assets		10524		10524		0		(10524)								0

Costs relating to Herbal Medicine		0		0		0		0								0

Costs relating to Revalidation		0		0		0		0				42927		0		(42927)			0

Regulation of Public Health Specialists		11789		31947		64256		32310		503			39150		0		(39150)			140000

Payroll costs for secondment to DOH					0

	22314		189971		229256		39285		171			26776211		26762856		641443		24		800000

Other income

Investment Income		13971		81271		0		81271					101915		0		101915			0

Grant Income		0		0		0		0					114150		0		114150			0

	13971		81271		0		81271				216065		0		216065		0		0

Revaluation

Revaluation on Freehold land and buildings		0		0		0		0								0

	0		0		0		0		0							0


Total surplus(deficit)		245979		695045		(1211565)		1906610		1574			(26017430)		(26547538)		1184907		45		(1521992)

Income by Activity		Apr-Dec		Oct		Nov		Dec		Jan		Feb		Mar

Graduate Registration Fees		1189976					2164658		2164755		2205305			7724695

Readmission Fees		173975					- 0		- 0		38722			212697

Renewal Fees		17533839									17533839

International Scrutiny Fees		1238120					94919		95159		103668			1531865

UK Scrutiny Fees		854936					51143		52016		58189			1016285

	20990846					2310720		2311930		2405883			28019380


Income by Profession

Arts Therapists		216076					22818		22587		22736			284216

Bio-medical scientists		1399404					175203		174647		175637			1924891

Chiropodists		795017					84566		84466		84940			1048988

Clinical Scientists		321145					35742		36369		37209			430466

Dietitians		581191					59161		59503		60623			760479

Hearing Aid Dispensers		146813					14156		14204		14425			189599

Occupational Therapists		2258344					279084		281457		279586			3098471

Operating Department Practitioners		745151					81857		80742		81747			989498

Orthopodists		81425					8877		8841		8828			107970

Paramedics		1380237					139435		139899		139346			1798918

Physiotherapists		3228355					337341		336971		342665			4245332

Practitioner Psychologists		1323794					141121		141403		143194			1749512

Prothetists amp Orthotists		61232					7140		6836		6988			82196

Radiographers		1934444					188754		189483		270678			2583359

Social Workers		5574675					633116		633116		633116			7474024

Speech amp Language Therapists		943544					102345		101402		104161			1251452

	20990847		- 0		- 0		- 0		2310716		2311927		2405879		28019369

					2310720		2311930		2405883

					(4)		(4)		(4)

		Income and Expenditure In Month March 20

		Monday August 31 2020

			Period 5			Period 5				Year to date												Full Year

		Income by Activity		Actual			M12 Forecast		Variance v M12 Forecast		Variance v YTD M12 Forecast		Actual		2019-20 Budget		M6 Forecast YTD		M9 Forecast YTD		Variance v YTD M6 Forecast		Variance v YTD M6 Forecast			M6 Forecast		Variance M6 Forecast v Annual Budget		Variance M6 Forecast v Annual Budget			Forecast (6+6)		Full Year Forecast (M9)		Budget

		Graduate Registration Fees		132584			107483		25102		19		573740		617202		1382263		1762617		(808523)		(58)			1806726		(47431)		(3)			1711385		1762617		1854157

		Readmission Fees		15120			29500		(14380)		(95)		90423		83028		235176		296769		(144753)		(62)			287620		81164		39			264677		296769		206456

		Renewal Fees		1896951			1905644		(8694)		(0)		9391556		9514215		21930148		29616333		(12538592)		(57)			29554238		1788462		6			27623055		29616333		27765776

		International Scrutiny Fees		81180			149114		(67934)		(84)		498465		555654		1404888		1617384		(906423)		(65)			1756816		114818		7			1858016		1617384		1641998

		UK Scrutiny Fees		147672			39438		108234		73		384363		390276		958311		1118143		(573948)		(60)			1116484		148448		15			1065713		1118143		968036

		Registration Income		2273507			2231180		42327		(87)		10938547		11160375		25910786		34411246		(14972239)		(58)			34521884		2085460		6			32522845		34411246		32436424							(21497877)

Chequecredit card write offs			Other Income		2065			2197		(132)		(6)		12644		12500		22729		81289		(10085)		(225)			78258		78258		0			29320		81289		0

		Rental Income GCC		14583			14583		(0)		(0)		72917		72917		131250		130299		(58333)		(44)			130299		(44701)		(26)			175000		130299		175000

		Total Income		2290155			2247960		42195		2		11024107		11245792		26064765		34622834		(15040658)		(43)			34730441		2119017		6			32727165		34622834		32611424


		Chair		6063			7421		1358		18		30431		36684		59202		61912		28771		49			59456		33436		36			81464		61912		92892		PRE			PRE

Chief Executive amp SMT			Chief Executive		76452			70831		(5622)		(8)		394470		311511		637825		803881		243355		38			793322		54938		6			850677		803881		848259		CEX			CEX

Council Committees			Council amp Committee		19174			29970		10795		36		96305		116987		249467		296851		153163		61			286293		33396		10			325372		296851		319690		COU			COU

		Communications		91468			55315		(36153)		(65)		269395		284241		509587		857850		240191		47			944760		(114061)		(14)			688082		857850		830699		COM			COM

		Data and Intelligence Team		0			0		0		0		0		0		0			0		0							0			24783		DIT

		Education		44823			83641		38819		46		262271		292684		589724		982845		327453		56			974065		(131322)		(16)			793749		982845		842742		EDU			EDU

		Office Services		236483			245258		8776		4		879988		1218727		1986147		3158052		1106159		56			3159655		(170256)		(6)			2726720		3158052		2989399			Facilities Management		FAC		KEN		STY	KEN	FAC	STY

Finance			Finance		41056			68209		27153		40		231784		228037		676046		722578		444262		66			734539		62925		8			873105		722578		797464		FIN			FIN

		Fitness to Practise		857609			1143117		285508		25		4049842		5472121		12328986		16099941		8279144		67			16146008		(588865)		(4)			15752198		16099941		15557143		FTP		ADJ		FTP		ADJ

Human Resources			Human Resources		89144			86077		(3067)		(4)		353150		660488		803714		1170895		450564		56			1215934		52771		4			1069544		1170895		1268705		HUM			HUM

		Human Resources Partners		(3465)			23007		26472		115		4752		80904		247332		351319		242581		98			343513		43031		11			353844		351319		386544		PAR			PAR

		IT Department		202769			207254		4485		2		1041181		1129815		1829257		2299300		788076		43			2299318		347282		13			2490056		2299300		2646600		ITD			ITD

Major projects ()			Major Projects without SW Transfer Costs		45199			105026		59828		57		240424		(699574)		234137		1087433		(6286)		(3)			2239692		(1446623)		(182)			570231		1087433		793069		PRO		Major Projects		PRO

		Social Workers Transfer Costs		(120)			477737		477857		100		0		699574		1547145		961734		1547145		100							2766370		961734		2064423

		Project managers		11143			23572		12429		53		77928		179887		262315		303927		184387		70			360590		31801		8			333029		303927		392391		OPS			OPS				Operations Office

Policy amp Standards			Policy		19630			47912		28282		59		105647		165524		196470		341135		90823		46			329710		(15123)		(5)			305981		341135		314587		POL			POL

		Professional Liaison Team		0			7011		7011		100		0		0		7011			7011		100							28044			16125

		Quality Assurance		22356			43805		21449		49		96031		26145		373876		615287		277845		74			638615		(98328)		(18)			501671		615287		540287		QAD

		Registration		237768			311149		73381		24		1126123		115323		2569742		3376951		1443619		56			3476616		(168969)		(5)			3446150		3376951		3307647		REG			REG

Governance			Secretariat		22490			29858		7367		25		92370		1307210		242146		177125		149776		62			192340		157883		45			329045		177125		350223		SEC			SEC

Depreciation Expense			Depreciation		53295			85021		31726		37		271781		0		713626		840225		441845		62			871654		15191		2			963107		840225		886844		DEP			DEP

		PSA Levy		0			0		0		0		752711		902190		902190		924000		149479		17			924000		(21810)		(2)			902190		924000		902190				PSA

		Apprenticeship Levy		2634			3200		566		18		14541		18000		28391		39220		13850		49			39506		3308		8			37991		39220		42814		2333-211-CEX

		Operating expenditure		2075971			3154389		1078418		34		10391123		12546476		26994336		35472461		16603213		615			36029588		(1919398)		(5)			36188619		35472461		36215520



		Operating surplus(deficit)		214184			(906429)		1120613		(32)		632984		(1300684)		(929571)		(849627)		1562555				(1299147)		199619				(3461453)		(849628)		(3604096)



		Other expenditure

		Turnaround costs		0			680948		680948		100		279138		0		499678			220540		44							1345888			0

	Impairment of Intangible Assets		CIPAccounting Policy Changes		0			(342208)		(342208)			0		0		(484416)		ERRORNA		(484416)				ERRORNA		ERRORNA				(1461041)		ERRORNA		0

		Impairment on Freehold land and buildings		0						0		0				0				0					0			0

		Corporation Tax							0		0			0		0				0					0		0		0

			0			338740		338740			279138		0		15262		ERRORNA		(263876)				ERRORNA		ERRORNA				(115152)		ERRORNA		0

		Other income

		Investment Income		419			7863		(7444)		(1779)		8012		31544		78672		114651		(70660)		(90)			81788		30989				102261		114651		50798

		Grant Income		0			477737		(477737)		ERRORDIV0		0		0		1547145		961734		(1547145)		(100)			1015093		(1049330)				2766370		961734		2064423

			419			485600		(485181)		(115922)		8012		31544		1625817		1076385		(1617805)				1096880		(1018341)				2868631		1076385		2115221

		Revaluation

		Revaluation on Freehold land and buildings		0						0		0				0								0			0

			0						0		0				0								0			0



		Total surplus(deficit)		214603			(759569)		974171			361858		(1269140)		680984		ERRORNA		(319126)				ERRORNA		ERRORNA				(477670)		ERRORNA		(1488875)


											961734



								43847586			25946869

								995264693			196355429			ERRORREF		ERRORREF									2626287349			725

								80033391

M12 Forecast Surplus (Deficit)		(759569)

DfE Grant Variance		(477737)

SW Transfer Variance		477857

Scrunity Fee Variance		40299

Scrunity Cost Variance		16703

Other Income		(5549)

FTP		285508

Registration		73381

Turnaround Costs		680948

Major Projects		59828

IT Department		4485

Human Resources		(3067)

Office Services		8776

Other Departments		36628

Quality Assurance		21449

Accounting Changes		(342208)

M11 Actual Surplus(Deficit)		117732

	214603


	(96871)

Operational Expenditure		YTD Pay		YTD Non-Pay		Income		YTD Income		In month Inc			Pay		Non-Pay		in month income			Income		Income 2		Total		For Council		Income By Profession							Expenditure

Departments		pound		pound		By Profession		pound				Var		Var		Var			Var												Year to Date

Chair		0		0		Arts Therapists		172472		40215			000		000		-28475682815			1605					Income By Profession		Aug-20		Year to date		Aug-20		Year to date				Pay	Non-Pay	Total

Chief Executive		0		0		Bio-medical Scientists		902128		182907			000		000		11203536299			133					Arts Therapists		40215		172472	Paramedics		215162		1096851			Chair Council amp Committee	0	126735	126735

Council amp Committee		0		0		Chiropodists		482563		90656			000		000		-202039067712			-468					Bio-medical Scientists		182907		902128	Physiotherapists		476936		2262487			Chief Executive	392167	769556	1161722

Communications		0		0		Clinical Scientists		238361		47674			000		000		53853715597			193					Chiropodists		90656		482563	Practitioner Psychologists		196116		942560			Policy amp External Relations	298221	113336	411556

Education		0		0		Dietitians		397768		96037			000		000		73023598825			-687					Clinical Scientists		47674		238361	Prosthetists amp Orthotists		7997		41021			HR amp Office Services	379763	858126	1237890

Office Services		0		0		Hearing Aid Dispensers		118501		23926			000		000		-250702577059			-595					Dietitians		96037		397768	Radiographers		316304		1517601			IT amp Major projects	427030	719561	1146591

Finance		0		0		Occupational Therapists		1530813		319962			000		000		01272385822			-022					Hearing Aid Dispensers		23926		118501	Social Workers		-101		-506			Governance amp QAD	170621	17780	188400

Fitness to Practise		0		0		Operating Department Practitioners		533979		108729			000		000		07158747277			124					Occupational Therapists		319962		1530813	Speech amp Language Therapists		139883		646124			FTP	1853964	2195879	4049842

Human Resources		0		0		Orthoptists		55826		11106			000		000		-8303347046			-101					Operating Department Practitioners		108729		533979	Registration Income		2275572		10951190			Registration	799425	326698	1126123

Human Resources Partners		0		0		Paramedics		1096851		215162			000		000		30348572914		30348572914		301		301				Orthoptists		11106	55826		Other Income		15002		80929		Education	223371	38899	262271

IT Department		0		0		Physiotherapists		2262487		476936			000		000		-60362164529		-60362164529		-290		-290				Other Registration Income		2065	12644		Total Income		2290574		11032119		Finance	161246	70538	231784

Major Projects without SW Transfer Costs		0		0		Practitioner Psychologists		942560		196116			000		000		07763778878		07763778878		-025		-025										Depreciation		0		271781	271781

Project (Managers)		0		0		Prosthetists amp Orthotists		41021		7997			000		000		-8697103118		-8697103118		-344		-344										Transformation Costs		0		279138	279138

Policy		0		0		Radiographers		1517601		316304			000		000		2092109285		2092109285		-058		-058										Total		4705807		5788027	10493834

Professional Liaison Team - New		0		0		Social Workers		-506		-101			000		000		0		0		000		000										COVID 19		30923		182018	212941

Quality Assurance		0		0		Speech amp Language Therapists		646124		139883			000		000		67100658184		67100658184		231		231															Colour Legend

Registration		0		0						000		000																					More than 5 better than budget

Secretariat		0		0						000		000																					More than 5 worse than budget

PSA Levy		0		0						000		000																					Close to Budget

Apprenticeship Levy		0		0						000		000																					Between 25 amp 5 better than budget

Depreciation		0		271781						0		-092																					Between 25 amp 5 worse than budget

Total Operational Costs		0		271781		Total Income by Profession		10938547		2273507						-127			-04715101203


Exceptional Costs			279138		Other Income		93572		1706681				222		-16891476841		-16891476841		-00168914768		-00168914768


Total Expenditure		0		550919		Total Income		11032119						-21003530414		-21003530414		-04819621293		-04819621293

Chair Council amp Committee		0		0							439						439

Chief Executive		392167		769556						-111		028						-01839082787

Policy amp External Relations		298221		113336						241		3198						128432457186

HR amp Office Services		379763		858126						135201228092		14485881293						141919045966

IT amp Major projects		427030		719561						-08636979688		12755891848						71021726468

Governance amp QAD		170621		17780						1064128085		203226725844						32705810966

FTP		1853964		2195879						20883737741		411871234251						142309977703

Registration		799425		326698						2723617537		254097700599						16722240694

Education		223371		38899						05022605604		615233575001						-0818005398

Finance		161246		70538						51353648425		92466904746						52262191153

Depreciation			271781						0		-09228662369						-09228662369

Transformation Costs			279138						0		22180422983						22180422983

	4705807		5661291						27363055414		387600670644						92303993492

	0		-126735

M5 Forecast Surplus (Deficit)		(329)

COVID19 Variance		(359)

Income		(53)

IT		44

Policy		46

Office Services		92

Other Departments		100

Human Resources and Partners		113

FTP		672

M5 Actual Surplus(Deficit)		325

	325


	(0)

M6 Budget Surplus (Deficit)		(1264550)

SW Transfer Variance		2076342

DfE Grant Variance		(1456780)

Scrunity Fee Variance		(1682978)

Scrunity Cost Variance		(99293)

Other Income		(15588346)

Major Projects		(28476)

Other Office Services		1310143

Communications BrochuresWeb		311596

FTP		9421022

Policy - Research		135122

Quality Assurance		318172

Education		394607

HR - Partners		288771

Information Technology		1017180

Utilities		48140

Other Departments		107191

Turnaround Costs		303171

M6 Actual Surplus (Deficit)		(4388966)

	361858

	4750824