1 Other Operating Expenditure (5) 9 85 Financing and Investment Income and Expenditure 117 10 (4,392) Taxation and Non-Specific Grant Income (4,605) 11 106 294 DEFICIT/(SURPLUS) ON PROVISION OF SERVICES 1,500 440 Actuarial (Gains)/Losses on Pension Assets and 48 Liabilities 1,500 OTHER COMPREHENSIVE INCOME AND 440 EXPENDITURE 1,606 734 COMPREHENSIVE INCOME AND EXPENDITURE BALANCE The Balance Sheet shows the value as at the balance sheet date of the assets and liabilities recognised by the Authority. The net assets of the Authority (assets less liabilities) are matched by the reserves held by the Authority. Reserves are reported in two categories. The first category of reserves are usable reserves, ie those that the Authority may use to provide services, subject to the need to maintain a prudent level of reserves and any statutory limitations on their use. The second category includes those that the Authority is not able to use to provide services. This includes reserves holding unrealised gains and losses, such as the Revaluation Reserve, where amounts would only become available to provide services if the assets were sold, and also record timing differences shown in the Movement in Reserves Statement line between accounting basis and funding basis under regulations’. ‘Adjustments Balance 2011/12 2012/13 NOTES (£000) (£000) 3,449 4,426 PROPERTY, PLANT AND EQUIPMENT 12 12 8 INTANGIBLE ASSETS 15 29 0 ASSETS HELD FOR SALE 21 3,490 4,434 TOTAL LONG-TERM ASSETS 500 Short-term investments 800 16 65 Inventories 66 17 546 Short-term Debtors 586 19 723 Cash and Cash Equivalents 277 20 1,834 1,729 CURRENT ASSETS 691 Short-Term Creditors 582 22 691 CURRENT LIABILITIES 582 6,291 Liability Related to Defined Benefit Pension Schemes 6,853 48 6,291 LONG TERM LIABILITIES 6,853
1 Other Operating Expenditure 9 (5) 85 Financing and Investment Income and Expenditure 10 117 (4,392) Taxation and Non-Specific Grant Income 11 (4,605) 106 DEFICIT/(SURPLUS) ON PROVISION OF SERVICES 294 1,500 Actuarial (Gains)/Losses on Pension Assets and Liabilities 48 440 1,500 OTHER COMPREHENSIVE INCOME AND EXPENDITURE 440 1,606 COMPREHENSIVE INCOME AND EXPENDITURE 734 BALANCE The Balance Sheet shows the value as at the balance sheet date of the assets and liabilities recognised by the Authority. The net assets of the Authority (assets less liabilities) are matched by the reserves held by the Authority. Reserves are reported in two categories. The first category of reserves are usable reserves, ie those that the Authority may use to provide services, subject to the need to maintain a prudent level of reserves and any statutory limitations on their use. The second category includes those that the Authority is not able to use to provide services. This includes reserves holding unrealised gains and losses, such as the Revaluation Reserve, where amounts would only become available to provide services if the assets were sold, and also record timing differences shown in the Movement in Reserves Statement line ‘Adjustments between accounting basis and funding basis under regulations’. Balance 2011/12 (£000) NOTES 2012/13 (£000) 3,449 PROPERTY, PLANT AND EQUIPMENT 12 4,426 12 INTANGIBLE ASSETS 15 8 29 ASSETS HELD FOR SALE 21 0 3,490 TOTAL LONG-TERM ASSETS 4,434 500 Short-term investments 16 800 65 Inventories 17 66 546 Short-term Debtors 19 586 723 Cash and Cash Equivalents 20 277 1,834 CURRENT ASSETS 1,729 691 Short-Term Creditors 22 582 691 CURRENT LIABILITIES 582 6,291 Liability Related to Defined Benefit Pension Schemes 48 6,853 6,291 LONG TERM LIABILITIES 6,853