| Note | General Reserve | Fixed Asset Reserve | Total |
|---|
| | £000 | £000 | £000 |
|---|
| At 1 April 2020 | | 8,271 | 3,135 | 11,406 |
|---|
| Total comprehensive income | | 1,932 | (1,046) | 886 |
|---|
| Transfers between reserves | | (152) | 152 | - |
|---|
| At 31 March 2021 | | 10,051 | 2,241 | 12,292 |
|---|
| Total comprehensive income | | 3,343 | (878) | 2,465 |
|---|
| Transfers between reserves | | (309) | 309 | - |
|---|
| At 31 March 2022 | | 13,085 | 1,672 | 14,757 |
|---|
The accumulated fund has been segmented into a General Reserve and a Fixed Asset Reserve. The fixed asset reserve represents functional assets that are used operationally. The general reserve represents the balance of the GPhC's accumulated reserves.