Contents
- Narrative Report
- Responsibilities for the Statement of Accounts
- Independent Auditor's Report to the Members of London Borough of Bexley
- Comprehensive Income and Expenditure Statement
- Movement in Reserves Statement
- Balance Sheet
- Cash Flow Statement
- Notes to the Accounts 1 to 10
- Notes to the Accounts 11 to 20
- Notes to the Accounts 21 to 30
- Notes to the Accounts 31 to 42
- Collection Fund
- Group Accounts
- Pension Fund Accounts 2020 to 2021
- Annual Governance Statement 2020 to 2021
- Glossary
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.
| 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) | (26,866) | (37,009) | (400) | (5,499) | (42,908) | (429,585) | (472,493) |
| Reporting of Schools Budget Deficit to new Adjustment Account | (8,046) | (8,046) | 8,046 | |||||
| Restated balance at 1 April 2020 | (10,143) | (34,912) | (37,009) | (400) | (5,499) | (50,954) | (421,539) | (472,493) |
| Movement in Reserves during 2020/21: Deficit/(Surplus) on Provision of Services (Accounting Basis) |
14,093 | none | 14,093 | none | none | 14,093 | none | 14,093 |
| Other Comprehensive Income | none | none | none | none | none | none | (18,827) | (18,827) |
| Total Comprehensive (Income)/Expenditure | 14,093 | none | 14,093 | none | none | 14,093 | (18,827) | (4,734) |
| Adjustments Between Accounting Basis and Funding Basis Under Regulations (Note 9) | (60,337) | none | (60,337) | (2,887) | (718) | (63,942) | 63,942 | none |
| Net (Increase) Before Transfers To Earmarked Reserves | (46,244) | none | (46,244) | (2,887) | (718) | (49,849) | 45,115 | (4,734) |
| 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) | 45,115 | (4,734) |
| Balance At 31 March 2021 | (13,255) | (78,044) | (91,299) | (3,287) | (6,217) | (100,803) | (376,424) | (477,227) |
| 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 2019 | (12,732) | (30,626) | (43,358) | (1,892) | (12,684) | (57,934) | (448,434) | (506,368) |
| Reporting of Schools Budget Deficit to new Adjustment Account | ||||||||
| Restated balance at 1 April 2019 | (12,732) | (30,626) | (43,358) | (1,892) | (12,684) | (57,934) | (448,434) | (506,368) |
| Movement in Reserves during 2019/20: Deficit/(Surplus) on Provision of Services (Accounting Basis) |
115,135 | none | 115,135 | none | none | 115,135 | none | 115,135 |
| Other Comprehensive Income | none | none | none | none | none | none | (81,260) | (81,260) |
| Total Comprehensive (Income)/Expenditure | 115,135 | none | 115,135 | none | none | 115,135 | (81,260) | 33,875 |
| Adjustments Between Accounting Basis and Funding Basis Under Regulations (Note 9) | (108,786) | none | (108,786) | (1,492) | (7,185) | (100,109) | 100,109 | none |
| Net (Increase) Before Transfers To Earmarked Reserves | 6,349 | none | 6,349 | 1,492 | 7,185 | 15,026 | 18,849 | 33,875 |
| Other adjustments: Transfers To/(From) Earmarked Reserves (Note 10) |
(3,760) | 3,760 | none | none | none | none | none | none |
| (Increase)/Decrease In Year | 2,589 | 3,760 | 6,349 | 1,492 | 7,185 | 15,026 | 18,849 | 33,875 |
| Balance At 31 March 2020 | (10,143) | (28,866) | (37,009) | (400) | (5,499) | (42,908) | (429,585) | (472,493) |