Porton Down: Finance
(asked on 8th June 2020) - View Source
Question to the Ministry of Defence:
To ask Her Majesty's Government how much annual funding the Defence Science and Technology Laboratory received in (1) 2016, (2) 2017, (3) 2018, (4) 2019, and (5) 2020. [T]
As a Trading Fund (up to 31 March 2017) or Executive Agency (from 1 April 2017) of the Ministry of Defence (MOD), Dstl is funded principally by revenue from customers rather than direct Government funding. Since 1 April 2017 capital expenditure only has been funded directly from MOD budget allocation. Previously as a Trading Fund, capital expenditure was funded from accumulated cash reserves, and was therefore deemed to be funded from within operating income (turnover).
For the year ended 31 March 2020 the accounts are yet to be audited and are currently scheduled to be laid before Parliament in September 2020.
Summary figures to the nearest £million are:
Year Ended | Operating Income £m | Capital Funding £m |
31-3-2016 | 610 | n/a – funded from income |
31-3-2017 | 585 | n/a – funded from income |
31-3-2018 | 542 | 57 |
31-3-2019 | 626 | 63 |
31-3-2020 | 686 (budget) | 71 (budget) |
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Full details of Dstl’s total funding, principal customers and amounts spent externally via third parties are available from the Agency’s published Annual Report and Accounts for all financial years up to 31 March 2019, available in the House of Commons library and at the following links:
2015/16 - HC 36
2016/17 - HC 83
2017/18-HC1265
https://www.gov.uk/government/publications/defence-science-and-technology-laboratory-annual-report-and-accounts-2017-to-2018
2018/19-HC2244
https://www.gov.uk/government/publications/defence-science-and-technology-laboratory-annual-report-and-accounts-2018-to-2019