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Primary Financial Statements

For the year ended 31 March 2025General ReserveRevaluation ReserveTotal
£000£000£000
Balance at 31 March 2024407,72913,409421,138
Net expenditure during the year(243,900)-(243,900)
Remeasurement gains / (losses) in retirement benefit scheme40,849-40,849
Net gains / (losses) on revaluation of property, plant and equipment-312312
Transfer between reserves221(221)0
Total recognised income and expense for year to 31 March 2025(202,830)91(202,739)
Grant in Aid from Scottish Government219,032-219,032
Repayment of Financial Transactions funding waived5,473-5,473
Other grants from Scottish Government645-645
225,150-225,150
Balance at 31 March 2025430,04913,500443,549