generally accepted accounting practices in the Code. This is a timing difference as any difference will be brought forward in future surpluses or deficits on the Collection Fund.
Note 6 Expenditure and Income Analysed by Nature
| 2024/25£000's | 2025/26£000's | |
| Employee Benefits Expenses | 468,953 | 484,387 |
| Other Service Expenses | 760,697 | 762,379 |
| Depreciation, Amortisation & Impairment | 105,649 | 99,304 |
| Interest Payments & Impairment Losses | 52,648 | 62,952 |
| Precepts & Levies | 16,451 | 17,098 |
| (Gain) or Loss on Disposal of Non-Current Assets | 9,418 | (11,888) |
| Revenue Expenditure Funded from Capital Under Statute & De-minimis | 14,359 | 12,842 |
| Total Expenditure | 1,428,175 | 1,427,074 |
| Fees, Charges & Other Service Income | (349,297) | (372,937) |
| Interest & Investment Income | (28,836) | (19,252) |
| Income from Council Tax | (183,798) | (192,243) |
| Income from Business Rates | (51,263) | (54,177) |
| Government Grants & Contributions | (827,180) | (846,752) |
| Donated Asset Income | (3,552) | - |
| Total Income | (1,443,926) | (1,485,361) |
| (Surplus) or deficit on the provision of services | (15,751) | (58,287) |