Draft Balance Sheet

The Balance Sheet shows the value at the balance sheet date of the assets and liabilities recognised by the Council. The net assets of the Council are matched by the reserves. Only usable reserves are available to support delivery of the Council's services to residents. Details of the usable reserves can be seen in the Movement in Reserves Statement.

Balance Sheet

31 March 2020, in thousands of pounds
 Notes
31 March 2021, in thousands of pounds
754,053Property plant and equipment14760,453
35,001Heritage Assets1536,158
52,595Investment Property1651,961
1,165Intangible Assets171,029
20,029Long Term Investments1818,084
9,053Long Term Debtors208,230
871,896Long Term Assets 875,915
11,980Assets Held for Sale14.67,170
221Short-term Investments18218
3,814Inventories193,981
63,850Short Term Debtors2079,380
27,700Cash and Cash Equivalents2116,350
107,565Current Assets 107,099
(5,734)Cash and Cash Equivalents Overdrawn21(5,058)
(3,606)Short Term Borrowing18(6,740)
(48,273)Short Term Creditors22(51,329)
(3,656)Short Term Provisions23(4,075)
(2,770)Short T Grant Rec Adv Rev13(2,844)
(83)Short T Grant Rec Adv Capital13(2,850)
(64,122)Current Liabilities (72,896)
(1,655)Long Term Provisions23(1,104)
(220,325)Long Term Borrowing18(224,323)
(23,405)Other Long-Term Liabilities34(31,043)
(6,090)Pension Liabilities40(5,347)
(6,408)Long T Grant Rec Adv Capital13(8,911)
(257,883)Long Term Liabilities (270,728)
657,456Net Assets 639,390
(86,384)Usable Reserves24(83,901)
(571,072)Unusable Reserves25(555,489)
(657,456)Total Reserves (639,390)

I certify that the Balance Sheet represents a true and fair view of the council's financial position as of 31 March 2025.

Ross Brown
Director of Finance and Corporate Services

Date: 30 June 2025