Archived decisions
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1. Movements in realised capital resources |
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Useable Capital Receipts |
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2004/05 |
2005/06 |
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£'000 |
£'000 |
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Amounts receivable during the year |
42 |
77 |
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Amounts applied to finance new capital |
0 |
-97 |
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investment during the year |
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Total increase/decrease in realised |
42 |
-20 |
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capital resources |
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Balance brought forward at 1 April |
0 |
42 |
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Balance carried forward at 31 March |
42 |
22 |
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The useable capital receipts reserve is a cash-backed reserve. |
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Fixed Asset Restatement Account |
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2004/05 |
2005/06 |
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£'000 |
£'000 |
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2. Movements in unrealised value of fixed assets |
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Gains/losses on revaluation of fixed assets |
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during the year |
-27,254 |
0 |
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Impairment losses on fixed assets due to |
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general changes in prices |
0 |
0 |
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Total increase/decrease in unrealised |
-27,254 |
0 |
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capital resources |
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3. Value of assets sold, disposed of or |
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decommissioned |
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Amounts written off fixed asset balances for |
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disposals in year |
27 |
0 |
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Total movement on account during year |
-27,227 |
0 |
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Balance brought forward at 1 April |
-56,854 |
-84,081 |
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Balance carried forward at 31 March |
-84,081 |
-84,081 |
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The fixed asset restatement account relates to the valuation of existing capital assets and is |
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therefore not cash-backed. |
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Notes to the Statement of Movements in Reserves continued... |
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4. Movements in amounts set aside to finance capital investment |
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Capital Financing Account |
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2004/05 |
2005/06 |
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£'000 |
£'000 |
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Capital receipts set aside in year: |
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- reserved receipts |
0 |
0 |
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- useable receipts applied |
0 |
97 |
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Total capital receipts set aside during year |
0 |
97 |
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Revenue resources set aside in year: |
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- capital expenditure financed from revenue |
0 |
1,978 |
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- reconciling amount for provisions for loan |
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repayment |
-1,243 |
-1,793 |
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Total revenue resources set aside during year |
-1,243 |
185 |
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Total movement on account during year |
-1,243 |
282 |
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Balance brought forward at 1 April |
-2,756 |
-3,999 |
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Balance carried forward at 31 March |
-3,999 |
-3,717 |
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The capital financing account relates to the financing of existing capital assets and is therefore |
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not cash-backed. |
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5. Net actuarial gain/(loss) on pensions |
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The actuarial gains and losses identified as movements on the Pensions Reserve can be analysed |
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into the following categories measured as absolute amounts and as a percentage of assets or |
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liabilities as at 31 March 2006: |
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(a) Local Government Pension Scheme: |
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2002/03 |
2003/04 |
2004/05 |
2005/06 |
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£000 |
% |
£000 |
% |
£000 |
% |
£000 |
% |
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Differences between |
-2,030 |
3.4 |
790 |
9.9 |
450 |
3.9 |
1,980 |
13.0 |
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the expected |
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and actual return |
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on assets. |
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Differences between |
10 |
0.1 |
0 |
0.0 |
910 |
4.7 |
0 |
0.0 |
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actuarial assumptions |
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about liabilities and |
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actual experience |
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Changes in assumptions |
-20 |
-0.2 |
10 |
0.1 |
-3,620 |
-18.7 |
-1,790 |
-7.7 |
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underlying the |
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present value of |
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pension liabilities |
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-2,040 |
800 |
-2,260 |
190 |
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(b) Firefighters' Pension Scheme: |
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2002/03 |
2003/04 |
2004/05 |
2005/06 |
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£000 |
% |
£000 |
% |
£000 |
% |
£000 |
% |
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Differences between |
1,320 |
0.6 |
-3,990 |
-1.6 |
-140 |
-0.1 |
16,200 |
4.7 |
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actuarial assumptions |
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about liabilities and |
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actual experience |
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Changes in assumptions |
-80 |
0.0 |
160 |
0.1 |
-51,860 |
-16.6 |
-32,950 |
-9.5 |
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underlying the |
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present value of |
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pension liabilities |
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1,240 |
-3,830 |
-52,000 |
-16,750 |
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Total net actuarial gain/ |
-800 |
-3,030 |
-54,260 |
-16,560 |
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(loss) on pensions |
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