FINANCE: Southend University Hospital FT found itself with a surplus of more than £5.25m at the end of January, a better than expected position.

The finance report to the trust’s March board meeting siad: “The position for January is significantly better than originally planned with a surplus of £327,000 against a planned deficit of £690,000. This takes the year to date position to surplus of £5.257m and above plan by £406,000.

It said the improvement was due to “clinical income that is approximately £1.3m above plan but also over £750,000 higher than December”. It said the adverse weather in the month meant it was not typical.

The report added: “Clinical income had been profiled to be lower because of the level of PCT disinvestments. Costs were higher than planned with some one-off pay adjustments.”