London Borough of Havering Draft Statement of Accounts 2020/21
Group Movement in Reserves Statement 2020/21 The Movement in Reserves Statement shows the movement from the start of the year to the end on the different reserves held by the authority and the group, analysed into ‘usable reserves’ (i.e. those that can be applied to fund expenditure or reduce local taxation) and other ‘unusable reserves’. The Statement shows how the movements in year of the group reserves are broken down between gains and losses incurred in accordance with generally accepted accounting practices and the statutory adjustments required to return to the amounts chargeable to council tax (or rents) for the year. The Net Increase/Decrease line shows the statutory General Fund Balance and Housing Revenue Account Balance movements in the year following those adjustments.
General Fund Balance
Balance at 31 March 2019 Movement in reserves during 2019/20
£000 12,287
(Deficit)/surplus on provision of services Other comprehensive expenditure and income
(14,543)
Total comprehensive expenditure and income Adjustments between accounting basis and funding basis under regulations Net (decrease)/increase before transfers to earmarked reserves Transfers to/(from) Earmarked Reserves Decrease/increase in Year Balance at 31 March 2020 Movement in reserves during 2020/21
(14,543)
Capital Earmarked Major Total Housing Capital Grants General Usable Revenue Receipts Repairs Unapplied Fund Reserves Account Reserve Reserve Account Reserves £000 69,110
£000 4,907
£000 54,881
£000 30,915
£000 47,146
24,187
£000 219,246
Unusable Reserves
£000 433,987
9,644
Authority's Share of Reserves of Subsidiaries / Joint Ventures £000 (976)
2,901
24,187
0
0
0
9,644
119,276
(18,872)
(5,662)
(9,182)
3,377
(27,438)
27,438
(5,662)
(9,182)
3,377
(17,794)
146,714
3,377 50,523
0 (17,794) 201,450
(11,642)
0
5,315
12,042 400 12,687
(11,652) (11,652) 57,457
(390) 4,925 9,832
(Deficit)/surplus on provision of services Other comprehensive expenditure and income
(9,718)
Total comprehensive expenditure and income Adjustments between accounting basis and funding basis under regulations Net (decrease)/increase before transfers to earmarked reserves Transfers to/(from) Earmarked Reserves (Decrease)/Increase in Year Balance at 31 March 2021
(9,718)
(5,662) 49,219
(9,182) 21,732
46,121 0
28,854
9,014 119,276
(630)
128,290
128,290
0 146,714 580,701
(630) (1,606)
0 128,290 780,545
36,403 -
(20,021)
3,770 (125)
40,173 (20,146)
3,645
20,027
0
0
0
36,403
(20,021)
(38,668)
(11,755)
(8,354)
1,067
(28,856)
28,856
(11,755)
(8,354)
1,067
7,547
8,835
1,067 51,590
0 7,547 208,997
0
7,453
(20,887) (1,751) 10,936
21,144 21,144 78,600
(257) 7,196 17,028
26
(11,755) 37,464
(8,354) 13,377
0 (630)
46,121
19,136
£000 652,257
(630) 119,276
0
Total inc Group Reserves
8,835 589,536
0 3,645
20,027
3,645 2,039
0 20,027 800,570
