Skip to content
Contents

Double and Triple Lock Process

Reference: 24-25218

Date response sent: 21/08/2024

Details of enquiry

  1. Which ICB is your Trust in?
  2. In the financial year 2023-24, was your organisation in a deficit or surplus compared to your financial forecast?
  3. Have you agreed to breakeven or be in surplus with your ICB by the end of the 2024-25 financial year?

If you answered ‘surplus’ to Q2, please proceed to Q7. If you answered ‘deficit’ please answer all remaining questions

  1. :

a. In the financial year 2023-24, how many applications for investment have you submitted through the double lock sign off protocol?

b. In the financial year 2023-24, how many applications for investment have you submitted through the triple lock sign off protocol?

c. At the time of asking, how many applications for funding made by your Trust are currently being considered through the double lock protocol and what is the total value of these outstanding applications?

5:

a. At the time of asking, how many applications for funding made by your Trust are currently being considered through the triple lock protocol and what is the total value of these outstanding applications?

b. At the time of asking, how many applications for funding made by your Trust are currently being considered through the triple lock protocol and what is the total value of these outstanding applications?

6. :

a. Based on the experience of your organisation, on average how long does an application for funding take to be approved through the double lock sign off protocol?

b. Based on the experience of your organisation, on average how long does an application for funding take to be approved through the triple lock sign off protocol?

7. Has the introduction of double and triple lock sign off protocols improved the financial sustainability of your organisation?

Response sent

  1. Which ICB is your Trust in?

NCL (North Central London)

  1. In the financial year 2023-24, was your organisation in a deficit or surplus compared to your financial forecast?

Deficit

  1. Have you agreed to breakeven or be in surplus with your ICB by the end of the 2024-25 financial year?

No

If you answered ‘surplus’ to Q2, please proceed to Q7. If you answered ‘deficit’ please answer all remaining questions

  1. :

a. In the financial year 2023-24, how many applications for investment have you submitted through the double lock sign off protocol?

One

b. In the financial year 2023-24, how many applications for investment have you submitted through the triple lock sign off protocol?

None

  1. :

a. At the time of asking, how many applications for funding made by your Trust are currently being considered through the double lock protocol and what is the total value of these outstanding applications?

None

b. At the time of asking, how many applications for funding made by your Trust are currently being considered through the triple lock protocol and what is the total value of these outstanding applications?

None

  1. :

a. Based on the experience of your organisation, on average how long does an application for funding take to be approved through the double lock sign off protocol?

Normally within the month

b. Based on the experience of your organisation, on average how long does an application for funding take to be approved through the triple lock sign off protocol?

Not applicable

  1. Has the introduction of double and triple lock sign off protocols improved the financial sustainability of your organisation?

No

Back to top