Public reports pack PDF 3 MB - Blaby District Council

APPENDIX 2 – Financial and Efficiency Implications
All Weather Pitch
Capital investment £22,000
2013/14 2014/15 2015/16 2016/17 2017/18 2018/19
£ £ £ £ £ £
Income 7,000 7,175 7,354 7,538 7,727 7,920
No Additional Rev Expenditure 0 0 0 0 0 0
Cost of Capital Borrowing 2,201 2,201 2,201 2,201 2,201 2,201
Interest 550 550 550 550 550 550
Profit/(Loss) 4,249 4,424 4,603 4,787 4,975 5,169
Fitness & Dance Studio
Capital investment £65,000
Income 9,000 9,225 9,456 9,692 9,934 10,183
Establishment costs 5,000 5,050 5,101 5,152 5,203 5,255
Cost of Capital Borrowing 4,000 4,000 4,000 4,000 4,000 4,000
Interest 1,000 1,000 1,000 1,000 1,000 1,000
Profit/(Loss) (1,000) (825) (645) (459) (269) (72)
Squash & Changing Room Refurb
Capital investment £40,000
Income - Vending 6,000 6,000 6,000 6,000 6,000 6,000
Income - Squash court 2,000 2,000 2,000 2,000 2,000 2,000
Vending costs & consumables 4,600 4,600 4,600 4,600 4,600 4,600
Cost of Capital Borrowing 6,500 6,500 6,500 6,500 6,500 6,500
Interest 1,625 1,625 1,625 1,625 1,625 1,625
Profit/(Loss) (4,725) (4,725) (4,725) (4,725) (4,725) (4,725)
Car Park
Capital investment £53,000
Cost of Capital Borrowing 5,300 5,300 5,300 5,300 5,300 5,300
Interest 1,325 1,325 1,325 1,325 1,325 1,325
Profit/(Loss) (6,625) (6,625) (6,625) (6,625) (6,625) (6,625)
Summary
Income 24,000 24,400 24,810 25,230 25,661 26,103
Revenue Costs 9,600 9,650 9,701 9,752 9,803 9,855
Cost of Capital Borrowing 18,001 18,001 18,001 18,001 18,001 18,001
Interest 4,500 4,500 4,500 4,500 4,500 4,500
Total Profit/(Loss) (8,101) (7,751) (7,392) (7,023) (6,643) (6,254)
2013/14 2014/15 2015/16 2016/17 2017/18 2018/19
Note: The investment in the All Weather Pitch has taken place and is generating income above that originally
anticipated. Assumptions. Interest is based on 2.5% PWLB borrowing rate over 10 years. Element of the capital
investment are written over the estimated life of 10 years.
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