FUND ACCOUNT
| FUND ACCOUNT | |||
| Notes | 2024/2025 £'000s | 2025/2026 £'000s | |
|---|---|---|---|
| Dealings with members, employers and others directly involved in the fund | |||
| Contributions | 6 | (64,839) | (68,908) |
| Transfers in from other Pension Funds | 6a | (10,568) | (14,573) |
| (75,407) | (83,481) | ||
| Benefits | 7 | 67,586 | 70,751 |
| Payments to and on account of leavers | 7a | 11,144 | 11,517 |
| Net (additions)/withdrawals from dealings with Members | 78,730 | 82,268 | |
| 3,323 | (1,213) | ||
| Management Expenses | 8 | 6,066 | 6,899 |
| Net (additions)/withdrawals Including Fund Management Expenses | 9,389 | 5,686 | |
| Returns on Investments | |||
| Investment Income | 9 | (35,684) | (35,003) |
| Taxes on Income | 9 | 2 | - |
| Profit and losses on disposal of investments and changes in Value of investments | 15 | (21,775) | (172,058) |
| Net return on investments | (57,457) | (207,061) | |
| Net (Increase)/Decrease in the Net Assets Available for Benefits During the Year | (48,068) | (201,373) | |
| Opening Net Assets of the Scheme | (1,665,610) | (1,713,677) | |
| Closing Net Assets of the Scheme | (1,713,677) | (1,915,050) | |