Annual Report & Accounts 2007-2008 - Historic Scotland

26. Capital commitments
Historic Scotland is committed to expenditure resulting from works contracts and contractual
agreements offered and entered into under the Historic Buildings Repair Grants Scheme prior to 31
March 2008. As at that date, these commitments totalled:
2007/08 2006/07
£000 £000
Capital commitments due within one year 11,048 5,980
Due within two to five years inclusive 4,433 1,477
Due after five years - -
15,481 7,457
Historic Scotland has also given indicative authorisations to grant applicants. While these do
not represent a firm offer of grant they reflect future potential offers and are an indication of the
pressure on grants which Historic Scotland faces. As at 31 March 2008, indicative authorisations
totalled:
2007/08 2006/07
£000 £000
Indicative authorisations 20,727 20,898
In addition to commitments under the Historic Buildings Repair Grants Scheme, the agency has
capital commitments in respect of building works on properties in its care. As at 31 March 2008,
these commitments totalled:
2007/08 2006/07
£000 £000
Capital commitments due within one year 3,244 4,179
Due within two to five years inclusive - -
Due after five years - -
3,244 4,179
27. Post balance sheet events
There are no material post balance sheet events that require to be adjusted in the accounts or to be
disclosed.
28. Related party transactions
Historic Scotland is an executive agency of the Scottish Government. During the year Historic
Scotland had a number of transactions with other government departments and agencies.
REPORT & ACCOUNTS 74