SCOTTISH ENTERPRISE ANNUAL REPORT AND ACCOUNTS 2026
119
Primary Financial Statements
For the year ended 31 March 2025General ReserveSpecific ReserveRevaluation ReserveNon-Controlling InterestTotal
£000£000£000£000£000
Balance at 31 March 2024421,6561,80872,390904496,758
Net expenditure during the year(251,763)(176)-(89)(252,028)
Remeasurement gains / (losses) in retirement benefit scheme40,849---40,849
Net gains / (losses) on revaluation of property, plant and equipment--3,709-3,709
Transfer between reserves1,345-(1,345)--
Total recognised income and expense for year to 31 March 2025(209,569)(176)2,364(89)(207,470)
Grant in Aid from Scottish Government219,032---219,032
Repayment of Financial Transactions funding waived5,473---5,473
Other grants from Scottish Government1,687---1,687
226,192---226,192
Balance at 31 March 2025438,2791,63274,754815515,480