Movement in Reserves Statement

This statement shows the movement in the year on the different reserves held by the Council, analysed into usable reserves and unusable reserves, and shows the increase or decrease in the net worth of the Council. It provides an explanation of the changes in, and movements between, reserve accounts to increase or reduce the resources available to the Council. It shows how the Council's total Comprehensive Income and Expenditure is allocated to the Council's reserves. The Surplus or (Deficit) on the provision of Services, Other Comprehensive Income and Expenditure and Total Comprehensive Income and Expenditure are shown in more detail on the face of the Comprehensive Income and Expenditure Statement.

Movement in Reserves Statement 2021/22
  General Fund Balance
in thousands of pounds
Earmarked Reserves
in thousands of pounds
Total General Fund Reserves
in thousands of pounds
Capital Receipts Reserve
in thousands of pounds
Capital Grants Unapplied Account
in thousands of pounds
Total Usable Reserves
in thousands of pounds
Unusable Reserves
in thousands of pounds
Total Council Reserves
in thousands of pounds
Balance At 1 April 2021 (13,255) (78,044) (91,299) (3,287) (6,217) (100,803) (391,198) (92,001)
Movement in Reserves during 2021/22:
Deficit/(Surplus) on Provision of Services (Accounting Basis)
65,043 none 65,043 none none 65,043 none 65,043
Other Comprehensive Income none none none none none none (147,537) (147,537)
Total Comprehensive (Income)/Expenditure 65,043 none 65,043 none none 65,043 (147,537) (82,494)
Adjustments Between Accounting Basis and Funding Basis Under Regulations (Note 9) (47,928) none (47,928) 2,428 (320) (45,820) 45,820 none
Net (Increase) Before Transfers To Earmarked Reserves 17,115 none 17,115 2,428 (320) 19,223 (101,717) (82,494)
Other adjustments:
Transfers To/(From) Earmarked Reserves (Note 10)
(18,219) 18,219 none none none none none none
(Increase)/Decrease In Year (1,104) 18,219 17,115 2,428 (320) 19,223 (101,717) (82,494)
Balance At 31 March 2022 (14,359) (59,825) (74,184) (859) (6,537) (81,580) (92,915) (574,495)
Movement in Reserves Statement 2020/21 (Restated)*
  General Fund Balance
in thousands of pounds
Earmarked Reserves
in thousands of pounds
Total General Fund Reserves
in thousands of pounds
Capital Receipts Reserve
in thousands of pounds
Capital Grants Unapplied Account
in thousands of pounds
Total Usable Reserves
in thousands of pounds
Unusable Reserves
in thousands of pounds
Total Council Reserves
in thousands of pounds
Balance at 1 April 2020 (10,143) (34,912) (45,055) (400) (5,499) (50,954) (421,539) (472,493)
Movement in Reserves during 2020/21:
Deficit/(Surplus) on Provision of Services (Accounting Basis)
6,639 none 6,639 none none 6,639 none 6,639
Other Comprehensive Income none none none none none none (26,147) (26,147)
Total Comprehensive (Income)/Expenditure 6,639 none 6,639 none none 6,639 (26,147) (19,508)
Adjustments Between Accounting Basis and Funding Basis Under Regulations (Note 9) (52,883) none (52,883) (2,887) (718) (56,488) 56,488 none
Net (Increase) Before Transfers To Earmarked Reserves (46,244) none (46,244) (2,887) (718) (49,849) 30,341 (19,508)
Other adjustments:
Transfers To/(From) Earmarked Reserves (Note 10)
43,132 (43,132) none none none none none none
(Increase)/Decrease In Year (3,112) (43,132) (46,244) (2,887) (718) (49,849) 30,341 (19,508)
Balance At 31 March 2021 (13,255) (78,044) (91,299) (3,287) (6,217) (100,803) (391,198) (492,001)

* 2020/21 figures have been restated due to a change in valuation basis for the Civic Office, increasing the value of this property. See note 1.4 for more details.