2025-26 FST Final Finance Report v2

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

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What it recommends

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

What the meeting decided

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In plain English

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

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

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

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

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

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

Show the 7 passages this is based on

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

Places and organisations it names

Hastings Borough Council

Other papers for this meeting

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

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