FINANCE: Devon Partnership Trust exceeded its QIPP target by £413,000 during 2010-11.

Despite making just a third of planned savings on income streams, the mental health trust managed to save more than four times the amount planned through an estates rationalisation programme and almost twice as much as planned on efficiencies in specialist and secure services and vacancy management, helping it exceed the target for £8.1m of savings in 2010-11.

According to the most recent finance report the trust “finished the year with a surplus of £862k (£616k before reversal of impairments) achieved against a planned pre-impairment surplus of £500k and in line with agreed control total”.