Statement of Changes in Taxpayers’ Equity
for the year ended 31 March 2025
Note | General Fund | Revaluation Reserve | Taxpayers’ Equity | |
|---|---|---|---|---|
| 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) |
| 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) |
| Net Parliamentary Funding – drawn down |
| 840,866 | - | 840,866 |
| Net Parliamentary Funding – deemed |
| 6,111 | - | 6,111 |
| Supply adjustment |
| (901) | - | (901) |
| Comprehensive net expenditure for the year | SoCNE | (830,351) | 834 | (829,517) |
| Non-cash charges – auditor’s remuneration | 3 | 149 | - | 149 |
| Transfers between reserves |
| 292 | (292) | - |
| Balance at 31 March 2025 |
| (5,537) | 1,808 | (3,729) |
The notes form part of these accounts