FINANCE: Taunton and Somerset Foundation Trust is reporting a surplus £214,000 ahead of plan.

At the end of month six the trust had a surplus of £317,000 compared to a planned £103,000.

A report to November’s board said: “The favourable position is due to additional interest receivable arising from a VAT refund (£84k) and interest on investments; the public dividend capital dividend remains below plan due to the slippage on the capital programme (£18k); A significant underspend on clinical supplies (£279k), due to continued underspends on laboratory equipment, has also contributed to the favourable financial performance in month.”