Chief executive says Landscape Institute finances back on track

Landscape Institute chief executive Alastair McCapra has said the organisation's finances are back on track, following the annual auditors' visit in July.

In his blog, McCapra said: "That last week of July saw the annual visit of our auditors, who left indicating that they have no adjustments to make to the trading figures in our accounts. After the difficulties of the 2008-09 period, this is a tremendous relief.

"In terms of process, it confirms that, over the past year, the Landscape Institute has had robust financial management. In terms of our financial position, it confirms that we are very much on track and back in decent shape."

He added: "While the audit was going on there was a second piece of good news - an offer has been made to take over the lease of our offices in Great Portland Street.

"If negotiations are successful this will enable us to move to a smaller and more economical building, and place us in an even stronger financial position for the future."

Landscape Institute director of policy and communications Paul Lincoln commented: "It's good news because we did go through a period of being very affected by the recession and we are now in a much better situation. We took a number of measures about 18 months ago to reduce costs and that has balanced the books. We will maintain our quality controls and make sure that we look after our members."

He added: "Our plan has always been to move our offices and for tenants to take over our current offices and then we would move into a smaller and more economical building."


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