Ombud Council AR 2026

PART F: FINANCIAL INFORMATION

23. Budget differences (continued) Audit remuneration

The total remuneration recognised as at 31 March 2026 is 28% less than the annual budget due to the Council finally signing contractual values lower than the initial estimated expenditure estimates for both internal and external audits.

Amounts in Rand

2026

2025

24. Commitments Authorised operational expenditure Already contracted for but not provided for • Baseline Study

1 865 000

-

• Board secretarial services • Media buying services • Board evaluation services • Rand Show exhibition

- -

786 000 325 163

138 138 550 723

-

- 2 553 861 1 111 163

Not yet contracted for and authorised • External audit services Total operational commitments Already contracted for but not provided for

-

1 642 242

2 553 861 1 111 163 1 642 242 2 553 861 2 753 405 -

Not yet contracted for

Operating leases – commitments Minimum lease payments due - within one year

530 334 949 882 Operating lease commitments represent rental payable by the entity for office space occupied in Midrand from 1 April 2024 for a period of 2 years which ended 31 March 2026. The Council has extended the office lease agreement for a period of six months ending 30 September 2026. No contingent rent is payable.

Ombud Council 2025/26 Annual Report

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