Financial Report - 2020/21

Page 44

Statement of Changes in Equity & Reserves Consolidated Called up share capital £’000

Revenue Reserve (including pension reserve) £’000

As at 1 April 2019 Surplus for the year Actuarial gain in respect of pension schemes

-

Association

Total £’000

Called up share capital £’000

Revenue Reserve (including pension reserve) £’000

Total £’000

20,530 2,654

20,530 2,654

-

20,736 2,641

20,736 2,641

-

4,949

4,949

-

4,949

4,949

As at 31 March 2020

-

28,133

28,133

-

28,326

28,326

Deficit for the year Actuarial loss in respect of pension schemes

-

(4,097)

(4,097)

-

(4,794)

(4,794)

-

(5,315)

(5,315)

-

(5,315)

(5,315)

As at 31 March 2021

-

18,721

18,721

-

18,217

18,217

The revenue reserve represents the accumulated surplus of the Group and Association. The notes on pages 47-84 form part of these financial statements.

44 Monmouthshire Housing Association


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