Comprehensive Income and Expenditure Statement

This Statement shows the income and expenditure of the Council in providing services in the year in accordance with generally accepted accounting practices, rather than the amount to be funded from taxation. Authorities raise taxation to cover expenditure in accordance with regulations: this is different from the accounting cost.

Comprehensive Income and Expenditure Statement
2023/24  2024/25
Gross Expenditure
£’000
Gross Income
£’000
Net Expenditure
£’000
 NotesGross Expenditure
£’000
Gross Income
£’000
Net Expenditure
£’000
131,861(59,174)72,687Adult Social Care and Public Health 133,038(65,822)67,216
5,238(183)5,055Chief Executive's Office 4,651(195)4,456
184,691(128,413)56,278Children and Education 217,088(150,635)66,453
118,042(71,604)46,438Finance and Corporate Services 116,989(60,957)56,032
101,663(35,681)65,982Place 100,682(39,138)61,544
541,495(295,055)246,440Cost of Services 572,448(316,747)255,701
  22,266Other Operating Expenditure11  (2,263)
  3,756Financing and Investment Income and Expenditure12  8,984
  (220,337)Taxation and Non-Specific Grant Income13  (223,202)
  52,125Deficit on Provision of Services   39,220
  (8,878)Surplus on Revaluation of PPE and Heritage Assets14  (20,736)
  64,417Remeasurements of the Net Pensions Defined Benefit Liability40  (1,531)
  55,539Other Comprehensive Income   (22,267)
  107,664Total Comprehensive Expenditure / (Income)   16,953