MPA - statement of accounts

24Financial StatementsStatement of Movement on the General FundBalanceThe Statement of Movements on the General Fund Balances shows how the balance of resources aregenerated and consumed for the year ended 31 March 2008.Year endingYear ending31 March 2007 31 March 2008£’000 Notes £’000991,407 Deficit/(Surplus) for the year on the Income 948,890and Expenditure Account(991,663) Net additional amount required by statute and non-statutory 17 (1,031,274)proper practices to be debited or credited to the General FundBalance for the year(256) Decrease/(Increase) in movement to the General Fund (82,384)(9,804) Net transfers to/(from) earmarked reserves N 74,502(28,840) General Fund Balance brought forward (38,900)(38,900) General Fund Balance carried forward (46,782)Statement of Total Recognised Gains and LossesThe Statement of Total Recognised Gains and Losses shows the total movement in the Authority’s net worthfor the year ended 31 March 2008.Year endingYear ending31 March 2007 31 March 2008£’000 Notes £’000991,407 Deficit/(Surplus) on the Income and 948,890Expenditure for the year(23,853) Surplus on revaluation of fixed assets A (66,191)(1,095,714) Actuarial gain on Police Officer Pension Scheme liabilities Q (3,106,927)(28,014) Other gains and losses (5,020)(156,174) Total recognised gains and losses since last year (2,229,248)