Pension Net Assets Statement
The net current assets and liabilities arising from the operation of the pension fund are shown in this statement. This statement does not take account of liabilities to pay pensions and other benefits after the period end. Such liabilities are shown in the core accounting statements and are explained in more detail in note 39.
2019 / 20 £000 | 2020 / 21 £000 | |
---|---|---|
Current Assets | ||
0 | - Contributions due from members | 3 |
1,052 | - Prepaid Pensions | 1,046 |
2,484 | - Pension top-up grant receivable from Central Government | 1,710 |
3,536 | - Total | 2,759 |
Current Liabilities | ||
(387) | - Unpaid pension benefits | (14) |
(25) | - Tax payable on behalf of members | (69) |
(3,124) | - Amount owing (to) / from General Fund | (2,676) |
(3,536) | - Total | (2,759) |
0 | Net Current Assets | 0 |