Management accounts 2020-21
Total Income £ 2,592,058 Carry forward from 2019 / 20 £ 1,089,125
Growing Places Infrastructure Fund |
£ 199,113 |
Growth Hub |
£ 543,699 |
Inward Investment Programme |
£ 98,377 |
Core Operations |
£ 528,804 |
Local Industrial Strategy Implementation |
£ 91,500 |
Local Growth Fund ( Ends 2021 ) |
£ 0 |
Getting Building Fund £ 41,440
Total Expenditure £ 2,145,824
Growing Places Infrastructure Fund |
£ 108,958 |
Growth Hub |
£ 1,029,283 |
Inward Investment Programme |
£ 98,437 |
Core Operations |
£ 575,317 |
Local Industrial Strategy Implementation |
£ 132,712 |
Local Growth Fund ( Ends 2021 ) |
£ 1,922 |
Getting Building Fund £ 62,085 Advance payments for 2021 / 2022 £ 133,526 Depreciation on computer equipment £ 3,583 Difference between income and expenditure £ 446,234
These are the unaudited management accounts for SWLEP Limited for the financial year 2020-21 and are included here to provide an overview of our income and expenditure over the year . Audited accounts filed at Companies House can be accessed
here .
The excess of Growth Hub expenditure over income is a cash flow issue due to the forward-funding of the COVID-19 Economic Recovery Grants which contributed to the reduction in our carry forward figure to 2021 / 22 to circa £ 446,234 .
SWLEP is financially robust will operate as a going concern during 2021-22 .