Statement of Accounts 2011/2012 - Blackburn with Darwen Borough ...

MOVEMENT IN RESERVES STATEMENT
This statement shows the movement in the year on the different reserves held by the Council, analysed into
“usable reserves” (i.e. those that can be applied to fund expenditure or reduce local taxation) and other
reserves. The Surplus or (Deficit) on the Provision of Services line shows the true economic cost of
providing the Council’s services, more details of which are shown in the Comprehensive Income and
Expenditure Statement. These are different from the statutory amounts required to be charged to the
General Fund Balance for council tax setting purposes. The Net Increase / Decrease before transfers to
Earmarked Reserves line shows the statutory General Fund Balance before any discretionary transfers to or
from earmarked reserves undertaken by the Council.
General
Fund
Balance
Earmarked
General
Fund
Reserves
Capital
Receipts
Reserve
Capital
Grants
Unapplied
Total
Usable
Reserves
Unusable
Reserves
(Note 25)
Total
Authority
Reserves
£000 £000 £000 £000 £000 £000 £000
Balance at 31/03/2010 ( 4,236 ) ( 19,704 ) ( 1,357 ) ( 7,076 ) ( 32,373 ) ( 110,766 ) ( 143,139 )
Movement in reserves
during 2010/11
Surplus or (deficit) on the
provision of services 18,177 0 0 0 18,177 0 18,177
Other Comprehensive
Income and Expenditure 0 0 0 0 0 ( 39,479 ) ( 39,479 )
Total Comprehensive
Income and Expenditure 18,177 0 0 0 18,177 ( 39,479 ) ( 21,302 )
Adjustment between
accounting basis & funding
basis under regulations
(Note 6) ( 28,621 ) 0 394 ( 768 ) ( 28,995 ) 28,995 0
Net (Increase) / Decrease
before Transfers to
Earmarked Reserves ( 10,444 ) 0 394 ( 768 ) ( 10,818 ) ( 10,484 ) ( 21,302 )
Transfers (to) / from
earmarked reserves (Note 7) 7,760 ( 7,760 ) 0 0 0 0 0
(Increase) / Decrease in
2010/11 ( 2,684 ) ( 7,760 ) 394 ( 768 ) ( 10,818 ) ( 10,484 ) ( 21,302 )
Balance at 31 March
2011 carried forward ( 6,920 ) ( 27,464 ) ( 963 ) ( 7,844 ) ( 43,191 ) ( 121,250 ) ( 164,441 )
Movement in reserves
during 2011/12
Surplus or (deficit) on the
provision of services 15,686 0 0 0 15,686 0 15,686
Other Comprehensive
Income and Expenditure 0 0 0 0 0 20,323 20,323
Total Comprehensive
Income and Expenditure 15,686 0 0 0 15,686 20,323 36,009
Adjustment between
accounting basis & funding
basis under regulations
(Note 6) ( 24,729 ) 0 0 4,195 ( 20,534 ) 20,534 0
Net (Increase) / Decrease
before Transfers to
Earmarked Reserves ( 9,043 ) 0 0 4,195 ( 4,848 ) 40,857 36,009
Transfers (to) / from
earmarked reserves (Note 7) 9,524 ( 9,524 ) 0 0 0 0 0
(Increase) / Decrease in
Year 481 ( 9,524 ) 0 4,195 ( 4,848 ) 40,857 36,009
Balance at 31 March
2012 carried forward ( 6,439 ) ( 36,988 ) ( 963 ) ( 3,649 ) ( 48,039 ) ( 80,393 ) ( 128,432 )
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