SMD

Annual Report 2023/2024

deviations

Reasons for

N/A N/A

N/A N/A

N/A N/A

N/A N/A

target to Actual Achievement 2023/24

Deviation

from planned

**Actual

Achievement 2023/2024

Target Achieved:

1.8% variance on

annual budget.

Target Achieved: 100% of valid

creditors were paid within 30 days.

Target Achieved:

Unqualified audit outcome on

Annual Financial Statements for

2022/23 financial year.

Target Achieved: Unqualified

audit outcome

on non-financial performance

information for

2022/23 financial year.

Planned Annual Target 2023/24

≤5% variance on annual

budget.

100% of valid

creditors paid

within 30 days.

Unqualified audit outcome on

Annual Financial Statements for

2022/23 financial year.

Unqualified

audit outcome

on non-financial

performance for

2022/23 financial year.

Audited Actual Performance 2022/23

Target Achieved:

0.75% variance on annual budget.

Target Achieved: 100% of valid

creditors were

paid within 30 days.

Target Achieved:

Unqualified audit outcome on

Annual Financial Statements for

2021/22 financial year.

Target Achieved: Unqualified

audit outcome

on non-financial performance

information for

2021/22 financial year.

Programme One: Administration

Outcome Output Output Indicator Audited Actual Performance 2021/22

Target Achieved:

0.9% variance on

annual budget.

Target Not

Achieved:

99.8% of valid

creditors were

paid within 25 days.

Target Achieved:

Unqualified audit outcome on

Annual Financial Statements for

2020/21 financial year.

Target Achieved:

Unqualified audit

outcome for the

Department for

2020/21 Financial Year.

% Variance on

annual budget.

% of valid creditors paid within 30 days.

b) Unqualified

audit outcome on Annual Financial Statements obtained.

a) Unqualified

audit outcome

on non-financial performance

information obtained.

1.3 ≥95%

expenditure

on annual

budget.

1.2. Payment register.

1.1

Unqualified audit

outcome for the

Department.

PLAN

1. Improved

Governance and Compliance.

4.1.5 PROGRAMME ONE: ADMINISTRATION PERFORMANCE AGAINST THE REVISED AND RE-TABLED 2023/24 ANNUAL PERFOMANCE 4.1.5.1. Programme one: Outcomes, Outputs, Output Indicators, Targets and Actual Achievements

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Department of Small Business Development • PERFORMANCE INFORMATION • Part B