LONG-TERM LIABILITIES
| Table d - Capital Grants Receipts in Advance | Balance 31 March 2025 £000's | Balance 31 March 2026 £000's |
|---|---|---|
| Disabled Facilities Grant | (2,400) | (3,641) |
| Local Implementation Plan | (321) | (536) |
| Council New Build | (372) | (1,484) |
| Schools Partnership Capital Grants | (51,452) | (50,293) |
| Green Homes Grant | (46) | (46) |
| Public Sector Decarbonisation Scheme | (1,626) | (2,994) |
| Other | (8,414) | (11,316) |
| Total | (64,631) | (70,310) |
| Table e - S106 Receipts in Advance | Balance 31 March 2025 £000's | Balance 31 March 2026 £000's |
|---|---|---|
| S106 Agreements | (58,258) | (63,217) |
| Total | (58,258) | (63,217) |
The council is required to disclose material transactions with related parties, bodies or individuals that have the potential to control or influence the council or to be controlled or influenced by the council.
Disclosure of these transactions with related parties provides transparency which allows readers to assess the extent to which the council might have been constrained in its ability to operate independently or might have secured the ability to limit another party's ability to bargain freely with the council.
The UK government has significant influence over the general operations of the council – it is responsible for providing the statutory framework within which the council operates, provides a significant amount of its funding in the form of grants, and prescribes the terms of many of the transactions that the council has with other parties e.g., council tax bills, housing benefits. Grants received from government departments are set out in the Grant Income Note 26.
Significant transactions with government departments, precepting and levying bodies, joint arrangements with other bodies, local authorities and the council's Pension Fund are shown and declared elsewhere in the financial statements.
The council charged the Pension Fund (the Fund) £1.146m (£0.977m in 2024/25) for expenses incurred in administering the fund. The council owed the Fund net £4.697m at 31 March 2026 (at 31 March 2025 the Fund owed the council £0.177m). The change is mainly due to timings of payments between the related parties. The council remains the single largest employer of members of the Pension Fund and contributed £54.392m to the fund in 2025/26 (£50.782m in 2024/25).