HM Treasury—Annual Report and Accounts
19XX-XX
NOTES TO THE DEPARTMENTAL RESOURCE ACCOUNTS
15. Reserves
|
| Revaluation
Reserve
£'000
| General
Fund
£'000 |
|
| Balance at 1 April | |
|
| Arising on revaluation during the year (net)
| | |
| Transferred to General Fund in respect of realised element of Revaluation Reserve
| | |
| Net revaluation reserve transfer |
| |
| Balance at 31 March | Nil |
30,941 |
|
The revaluation reserve represents the extent to which the
operating capital of the department has increased other than through
cash funding by Parliamentary Vote, i.e., as a result of holding
gains and the effect of changing prices.
|
