P A G E | 16 EALING COUNCIL DRAFT STATEMENT OF ACCOUNTS 2025/26
| 31 March 2025 £m | Net Movement In-Year £m | 31 March 2026 £m | |
|---|---|---|---|
| Corporate - Insurance Reserve | (5.518) | 1.087 | (4.431) |
| Parking Places Reserve Account | (3.348) | (2.838) | (6.186) |
| PFI Reserves | (16.018) | 1.991 | (14.027) |
| Sub-total Controllable Ringfenced Reserves | (24.884) | 0.240 | (24.644) |
| Corporate - Economic Volatility Reserve | (23.639) | (3.500) | (27.139) |
| Service - Various | (27.379) | (4.836) | (32.215) |
| Corporate - Various | (27.015) | (6.692) | (33.707) |
| Sub-total Controllable Non-Ringfenced Reserves | (78.033) | (15.028) | (93.061) |
| TOTAL EARMARKED RESERVES | (102.917) | (14.788) | (117.705) |
| General Fund Balance | (20.471) | (0.780) | (21.252) |
| TOTAL GENERAL FUND RESERVES & BALANCES | (123.388) | (15.568) | (138.957) |
Note: Ringfenced reserves refer to reserves which cannot be repurposed, whereas non-ringfenced reserves are earmarked for specific items, but could be repurposed if the council required.
Capital expenditure of £227.916m was incurred against a capital expenditure budget of £248.380m. After slippage of planned expenditure of £19.980m this has led to an overall net underspend of £0.483m, representing 99.8% spend against the revised budget. The table below splits this out between General Fund services and the HRA,
| Budget£m | Outturn£m | Slippage/(Accelerated)Spend£m | Variance£m | |
|---|---|---|---|---|
| Adults and Public Health | 0.204 | 0.163 | 0.041 | 0.000 |
| Children's and Schools | 16.284 | 16.899 | (0.615) | 0.000 |
| Economy and Sustainability | 18.039 | 16.202 | 1.827 | (0.010) |
| Housing and Environment | 28.551 | 23.769 | 4.309 | (0.473) |
| Resources | 0.802 | 0.725 | 0.077 | 0.000 |
| Corporate | 0.000 | 0.000 | 0.000 | 0.000 |
| Total General Fund | 63.881 | 57.758 | 5.640 | (0.483) |
| HRA | 184.498 | 170.158 | 14.341 | 0.000 |
| Capital programme total | 248.380 | 227.916 | 19.980 | (0.483) |