FINANCE: The foundation trust reported a deficit of £200,000 for June 2012, against a planned surplus of £100,000 for the month, its latest finance report shows.
“In month 03 the trust’s Income and Expenditure statement is reporting a deficit of £(0.2)m compared to a planned surplus of £0.1m,” the report states.
However, it notes that WWL’s cumulative financial position for the year-to-date - a deficit of £300,000 - is consistent with its financial plan.
It recorded its financial risk rating for the first quarter of the year as a 3, which was also consistent with the plan.
13 July 2012