Statement of Changes in Taxpayers’ Equity
for the year ended 31 March 2024
Note | General Fund | Revaluation Reserve | Taxpayers’ Equity | |
|---|---|---|---|---|
| Balance at 1 April 2022 |
| (17,473) | 334 | (17,139) |
| Net Parliamentary Funding – drawn down |
| 701,577 | – | 701,577 |
| Net Parliamentary Funding – deemed |
| 2,216 | – | 2,216 |
| Supply adjustment |
| (445) | – | (445) |
| Comprehensive net expenditure for the year | SoCNE | (701,273) | 345 | (700,928) |
| Non-cash charges – auditor's remuneration | 3 | 120 | – | 120 |
| Transfers between reserves |
| 58 | (58) | – |
| Balance at 31 March 2023 |
| (15,220) | 621 | (14,599) |
| Net Parliamentary Funding – drawn down |
| 813,346 | – | 813,346 |
| Net Parliamentary Funding – deemed |
| 445 | – | 445 |
| Supply adjustment |
| (6,111) | – | (6,111) |
| CFERs payable to the Consolidated Fund |
| – | – | – |
| Comprehensive net expenditure for the year | SoCNE | (814,490) | 830 | (813,660) |
| Non-cash charges – auditor’s remuneration | 3 | 142 | – | 142 |
| Transfers between reserves |
| 185 | (185) | – |
| Balance at 31 March 2024 |
| (21,703) | 1,266 | (20,437) |
The Notes to Departmental Accounts form part of these accounts.