Annual Report and Accounts 2022-23 - Resource Accounts

View Annual Report and Accounts 2022-23 - Resource Accounts.

The report gives an outline of our key business activities and performance over the past financial year.

Financial Statements 2022-23

Statement of comprehensive net expenditure

For the Year Ended 31 March 2023

  Note

2022-23

Administration

£000

2022-23

Programme

£000

2022-23

Total

£000

2021-22

Total

£000

Income 2 44 0 44 41
Staff costs 2 (4,800) (104) (4,904) (4,324)
Purchase of goods and services 3 (1,568) 0 (1,568) (1,638)
Depreciation 5 (19) 0 (19) (9)
Amortisation 5 (413) 0 (413) (408)
Impairment 5 (49) 0 (49) 0
Net operating costs for the year   (6,805) (104) (6,909) (6,338)

Statement of financial position

As at 31 March 2023

  Note 2022-23 2021-22
  £000 £000
Non-current assets      
Tangible assets 5 97 25
Intangible assets 5 2,917 2,804
Total non-current assets   3,014 2,829
       
Current assets      
Other receivables 6 28 33
Total current assets   28 33
       
Current liabilities      
Trade & other payables 7 (614) (714)
Total current liabilities   (614) (714)
       
Total net assets   2,428 2,148
       
Taxpayers' equity   2,428 2,148

The notes on pages 91-104 form part of these financial statements. The Chief Executive and Accountable Officer authorised these financial statements for issue on

Elaine Lorimer – Chief Executive of Revenue Scotland and Accountable Officer


Statement of Cash flows

For the year ended 31 March 2023

  Note 2022-23 2021-22
    £000 £000
Cash flows from operating activities      
Net operating costs for the year SOCNE (6,909) (6,338)
       
Adjustments for non cash transactions      
Audit fee 9 101 100
Depreciation 5 19 9
Amortisation 5 413 408
Impairment 5 49 0
       
Movements in working capital      
(Increase)/Decrease in trade and other receivables 6 5 17
(Decrease)/Increase in provision 8 0 0
(Decrease)/Increase in trade and other payables 7 (100) (80)
       
Net cash outflow fromoperating activities   (6,422) (5,884)
       
Cash flow from investing activities      
Purchase of non-current assets 5 (666) (299)
       
Net cash outflow from investing activities   (666) (299)
Cash flows from financing activities   0 0
Net funding   (7,088) (6,183)

Statement of changes in taxpayers’ equity

For the year ended 31 March 2023

  Note

General Fund

Reserves

General Fund

Reserves

  2022-23 2021-22
  £000 £000
Balance at 31 March   2,148 2,203
       
Net operating costs for the year SOCNE (6,909) (6,338)
Non cash charges – auditor's remuneration 9 101 100
       
Net funding   7,088 6,183
       
Balance at 31 March   2,428 2,148

The notes of pages 91-104 form part of these financial statements.