Retained CIL receipts and future CIL expenditure 2024 to 2025

The total amount of CIL collected before the reported year and allocated to projects within the reported year is £1,511,820. The value of retained CIL receipts at the end of 2024/2025 is £2,901,671 (net of accruals representing receipts owing as of 31/3/25). All but £814,817 was allocated to upcoming projects in the following two financial years as set out in table 9 below (figures in some instances have been rounded to the nearest £1,000). The retained funds incorporate £1,238,346 collected within the reporting year and retained at the end of the reporting year, £1,042,818 of which is BCIL and £195,528 is NCIL.

Table 9: Forecast future CIL expenditure as at March 2025
ProjectCIL Spend 2025/26CIL Spend 2026/27
Changing Places£31,000£0
Erith Regeneration Programme£634,000£0
Flood Risk Management (rolling programme)£412,000£300,000
Traffic and Road Safety Improvement Schemes£350,000£0
Weather Station Replacement£33,000£0
Crayford Meadows£47,000£0
Conservation and Repair Works£53,000£0
Lesnes Abbey Ruins£30,000£0
Carlton Hub£0£80,000
Traffic Sensor Maintenance£36,100£39,700
Roundabout Improvements£32,000£9,000
Total£1,658,100£428,700

CIL administration

Up to 5% of CIL funds and 4% of Mayoral CIL can be retained annually to cover administrative expenses (as per the CIL Regulations, as amended). The total CIL administrative expenses collected and spent in 2024/2025 was £101,450 (4.6% of total funds collected in that year).