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Capacitybuilders underspend 'acceptable'
By Andy Ricketts, Third Sector Online, 11 September 2007
Capacitybuilders underspent on its budget by £3.4m in its first year of operation, the organisation's accounts have revealed.
The annual report for the organisation, which took over the running of the ChangeUp infrastructure programme in April 2006, showed that Capacitybuilders spent £33.9m of its central government grant of £37.3m in 2006/07. The accounts also showed the organisation had £4.3m in the bank at the end of the financial...
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