| 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.