Financial Statements 7
Association Statement of Comprehensive Income for the year ending 31 March 2024 Note
2024 £’000
2023 £’000
Turnover
4.2 4.2
621,199 (582,093) 2,388 41,494 14,896 (54,436)
531,725 (497,310) 3,074 37,489 8,004 (28,906)
Operating costs
Surplus on disposal of fixed assets
12.7
Operating surplus
5 8 9
Interest receivable and other income Interest payable and financing costs Surplus on ordinary activities before tax Tax charge on surplus on ordinary activities
1,954
16,587
10
–
–
Surplus for the year
1,954
16,587 8,723 1,545 26,855
Remeasurements - actuarial gain in respect of pension scheme Movement in fair value of hedged instruments
25
114 399
9
Total comprehensive income for the year
2,467
The financial statements on pages 63 to 113 were approved by the Board on 8 August 2024 and signed on its behalf by:
Chief Executive Sarah Jones
Group Company Secretary Vicky Parr
Chair Christopher Kemball
The Association's results relate wholly to continuing activities. The accompanying accounting policies and notes on pages 71 to 113 form an integral part of these financial statements.
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