№ files_lp_4_process_2_41185
Annual financial report detailing the allocation, expenditure, and year-end position of the WLEP Growth Deal, Local Growth Fund, and Growing Places Fund for 2018/19, including specific projects, budget variations, additional funding allocations, and reserve balances.
Year: 2018/19
Region: Worcestershire, UK
Subject: Local economic development funding and budget performance
Document type: Financial report
Organization: Worcestershire Local Enterprise Partnership (WLEP)
Author: Steph Simcox, Head of Finance, Worcestershire County Council
Target audience: WLEP Board and stakeholders
Period covered: 2018/19 financial year
Funding sources: Growth Deal, Local Growth Fund, Growing Places Fund, BEIS additional funding
Total funding allocated: £71.725m
Core budget: £662k
Revenue budget underspend: £19,034
Unspent additional funding carried forward: £71,515
Growing Places Fund balance: £2.427m
Projects funded: Kidderminster Railway Station, The Kiln, Bromsgrove A38, Pershore Northern Link, Churchfields, Engineering Faculty HOW College
Audit status: Provisional, subject to external audit by Grant Thornton
Endnotes: Final accounts included in Appendix 1 and project-specific breakdown in Appendix 2
Price: 8 / 10 USD
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